The Chart of the Day belongs to Enterprise Financial Services (NASDAQ:EFSC). I found the mid west regional bank stock by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha then again for technical buy signals of 80% or better. Since the Trend Spotter signaled a buy on 9/15 the stock gained 5.64%. Enterprise Financial operates…
You won’t find many investors with an all encompassing market understanding like Leon Cooperman. He’s one of the only investors I know of who has a truly comprehensive micro and macro perspective. In fact, his views on value investing combined with a macro approach are so well thought out that I find myself questioning my…
“Gold is a safe haven.” “Gold is a hedge against market volatility.” We have all heard these sound bites countless times. Analysts seem to dust them off every time the market declines and the metals rally concurrently. In fact, many of them were making these claims during the recent market volatility. But, of late, we…
I first discussed the Paradox of Risk in August, 2008, just before the stock market melted down: The Unintended (Risky) Consequences of “Backstopping” Risk(August 12, 2008) This is the Paradox of Risk: the more risk is apparently lowered, the higher the risk we are willing to accept. I recently covered a related topic, The Dangerous Illusion That Risk Can Be…
Back on September 28th, we took a look at the S&P 500 (SPY) and shared the following with our readers: We anticipate buyers should step in right here and provide a relief rally. If that takes place, any ownership should be sold until new highs are made. 9 trading days and +7% later, here we are with…
We used to talk about Mr. Fat Head on the HUI (see chart at end of post). That was the big H&S targeting 100 that not many thought was doable back then. I was reminded of Mr. Fat Head when using the ‘Live Charting‘ link at the above right. There you can quickly manipulate charts…
It has been a while since sellers finished the day with the upper hand. But since the retest of August lows sellers have found it difficult to build a foothold for which shorts can attack. Today’s action is a start, but it’s not a victory for shorts. The Nasdaq 100 has been knocking on the…
Source: https://www.tickertags.com This is Twitter’s (TWTR) moment. After announcing “moments” on October 6, the stock rallied from the mid $25’s and is about to break above $30. It is no longer prudent to sell or short-sell this social media stock. A quick check of Twitter’s stock price against the hashtags “Twitter” and “Moments” reveals a signal….
While many will debate if the S&P500 correction “scare” bottomed in late September, and as a result of another round of abysmal economic data, and a historic short squeeze, the lows for the summer swoon are now in as a Fed rate hike has been all but written off and “hope” for more central bank…
The Import numbers released from China early this morning, was the last thing the commodity based countries wanted to see; especially having found some decent optimism in recent trading. The Nikkei suffered most losing 1.1% on the day and that carried forward into late US trading where the Futures are currently down a further 0.95%….
