US Session Bullet Report EURUSD as well as GBPUSD and commodity currencies rebounded versus the USD during the European Session in a relative quiet fashion. In EZ, German PPI posted a decline of 0.4% however the key data will be US building Permits and Housing Starts later on. Key for Thursdays ECB meeting were the…
Here’s “one that got away”, because I couldn’t find any shares to short a few weeks ago. I think SolarCity is going to be a big down-mover. I’ll just be watching from the sidelines. (I feel the same about Weight Watchers – WTW, incidentally. No shares!) (Click on image to enlarge)
New York based The Travelers Companies, Inc. (TRV – Analyst Report) is one of the leading writer of auto and homeowners’ insurance through independent agents as well as writer of commercial U.S. property-casualty insurance. Travelers’ impressive inorganic growth story bodes well for long-term growth. While its prudent acquisitions help to expand in the attractive and growing market place…
Click on image to enlarge Google (Alphabet) is now making its third attempt to break above 7-year rising channel resistance line. At the same time it is facing a Fibonacci 161% extension level based upon its 2014 highs and 2015 lows. This is now the third time Google has made an attempt to break above…
Less than two weeks ago, when previewing the upcoming debt ceiling battle which is shaping up to be far more contentious than most expect, we said to “keep an eye on T-Bill yields for the turning point when the market decides this situation is becoming serious.” Things officially turned serious yesterday, when as we reported, T-Bill yields spiked after…
The Chart of the Day belongs to Sabre Corporation (NASDAQ:SABR). I found the Internet software stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha of higher than 50.00+ then again for technical buy signals above 80%. Since the Trend Spotter signaled a buy on 10/7 the stock gained 4.72%. Sabre Corporation engages in providing…
I thought I would do a deeper dive to revisit the currencies and US Dollar again, because there are a lot of comments out in cyberspace and the general media about how things are not that bad. The US stock market is having a massive short-covering rally, which is merely a mechanical knee-jerk reaction to an oversold…
United Technologies Corporation (UTX – Analyst Report) provides high-end technology products and services to the building systems and aerospace industries worldwide. It has a diversified business mix and wide geographical presence to mitigate operating risk. The business mix and diversification allows the company to remain profitable even during tough economic times, delivering consistent earnings and dividend growth. As…
Recap from September’s Picks Our Most Attractive Stocks (-1.6%) underperformed the S&P 500 (-1.4%) last month. Most Attractive Large Cap stock Weingarten Realty Investors (WRI) gained nearly 8% and Most Attractive Small Cap stock Universal Insurance Holdings (UVE) was up 18%. Overall, 21 out of the 40 Most Attractive stocks outperformed the S&P 500 in…
123rf Sportswear brands have enjoyed strong growth in recent years due to western consumers being more conscious about their body image. At the forefront of this growth is Nike (NYSE:NKE) and Under Armour (NYSE:UA). Nike is a company steeped in history. Its Air Jordan range is a right of passage for young urban youth, and it is so desirable that…
