Wheeeee, what a ride! As you can see from the chart, we got a nice round-trip on the Russell in the last two sessions but it smelled a little like BS to us so we shorted into the close and picked up a nice winner (back to 1,182 for a $300 per contract gain) already this morning (see…
Now that China is on the same boat as the rest of the world, and its stock market is a direct reflection of hopes for constant liquidity injections by the central banks, nothing could be better for stocks than bad news, which is precisely what it got. After the biggest crash in the Shanghai Composite…
OVERNIGHT MARKETS AND NEWS December E-mini S&Ps (ESZ14 -0.10%) this morning are down -0.06% and European stocks are up +0.56% after Die Zeit reported that ECB President Draghi called German Finance Minister Schaeuble after the Dec 4 ECB meeting in an attempt to garner support in Germany for a government-bond purchase plan to be decided as soon as…
The US market has been hit in sympathy because of the chaos outside. This should be expected. We have warned that China peaked in 2007 and is headed lower. The US is the ONLY game in town and the US economy has been holding up the entire world. But the growth in the USA is anemic to…
Leading analog semiconductor manufacturer Avago Technologies Limited (AVGO – Analyst Report) recently announced a 9.4% year-over-year hike in its interim quarterly dividend payout to 35 cents per share or $1.40 on an annualized basis. The first-quarter fiscal 2015 dividend is payable in cash on Dec 31, 2014 to shareholders of record as of Dec 19. Avago has continuously increased…
US retail sales are expected to rise 0.2% in tomorrow’s November report vs. the previous month, according to The Capital Spectator’s median point forecast for several econometric estimates. The median prediction reflects a slight deceleration in growth vs. the previous month’s 0.3% advance. Compared with a trio of estimates based on recent surveys of economists,…
Source In a recent financial stability review of the Eurozone, the ECB has incorporated some remarkable statements and data in both its press release and the official presentation of its findings. Even though the first bullet point of the press release says the ‘systemic risk has gone down despite intermittent financial market turbulence’, the threat…
As a blogger and investment adviser, I spend a fair amount of time on social media sharing my ideas with others and absorbing new concepts. I find that the community of the well-respected traders and investment guru’s that I follow has opened my eyes to unseen opportunities as well as potential pitfalls. All told, the…
T2108 Status: 55.2%T2107 Status: 49.7%VIX Status: 14.9 (jumped above 15.35 pivot at one point)General (Short-term) Trading Call: Hold.Active T2108 periods: Day #36 over 20%, Day #34 over 30%, Day #31 over 40%, Day #29 over 50% (overperiod), Day #4 under 60% (underperiod), Day #106 under 70% Reference Charts (click for view of last 6 months from…
