Technology stocks rallied today, along with the broader marker. Chinese stocks rebounded and comments by FED vice-chair Fisher suggest that the rate hike could be postponed past the September date that many analysts are expecting. This led to dollar weakness and a broad-based rally in equities. The Internet-of-Things (IoT) will become increasingly important as the world becomes ever…
Update: The Chinese currency complex is collapsing… 12 month NDFs just hit a new 5 year lows against the USD – biggest plunge since Lehman S&P futures have retraced most of the day-session gains… And Treasury yield stumble and have unwound Monday’s losses… And then there’s this…. #China new loans 2x the size of…
Teucrium Corn ETF (CORN) soared on the day by 4.0% as commodities rallied across the board. The rally took CORN into its 50-day moving average (DMA) and an opportunity to take a profit on my trial run on short-term trades around my core CORN position. (I announced the buy here). Teucrium Corn ETF (CORN) makes…
The Chart of the Day belongs to Dermira (Nasdaq:DERM). I found the dermatology products stock by using Barchart to sort today’s All Time High list for the stocks with the highest Weighted Alpha then sorted for the stocks with at least an 80% or better technical buying signals. I then used the Flipchart feature to…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 241 = 17,615 SPX + 26 = 2104 NAS + 58 = 5101 10 YR YLD + .06 = 2.24% OIL + .95 = 44.82 GOLD + 10.30 = 1105.10 SILV + .41 = 15.33 Berkshire Hathaway is buying…
Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B)’s Warren Buffett on the company’s purchase of Precision Castparts (PCP), the oil industry and interest rates. Watch Liz Claman talk about Management, Mergers Acquisitions, and Transportation on Closing Bell. Warren Buffett’s Shareholder Letters
Ever since we heard that some of the largest ETF issuers were lining up emergency liquidity lines to tap in the event all the retail money that’s piled into things like HY debt suddenly decides to head for the exits, we’ve gone out of our way to explain just why it is that the likes…
Market Commentary Equities reversed most of the negative price damage incurred from last week. Meanwhile, commodities such as Gold and Crude Oil bounced upward from their extremely oversold positions. The Federal Reserve rate hike anticipated by many for the month of September is far from a “done deal” as Vice Chairman Fischer reminded the market…
It was a good day for indices, with the S&P rallying off its 200-day MA, and the Semiconductor Index breaking upside from its wedge. The Semiconductor Index closed with a ‘Death Cross’ between 50-day and 200-day MAs, while the breakout generated some bullish technical signals. The risk:reward remains good, even for a push just to…
I wanted to find which Small Cap stocks had not only the best consistent return in the past year but which ones also had currently not run out of steam. I used Barchart to sort the S&P 600 Small Cap Index stocks first by the Weighted Alpha then looked for stocks with the highest technical…
