Another light volume day but still this short-term overbought market needed a break. Negative news released Tuesday didn’t help markets as Fortress closed a large hedge fund after 2015 losses. Somewhere there is an accident whether it’s Fortress, Glencore or some other bad actor. Below is a chart indicating this likely situation. Market sectors moving higher included:…
Today affirmed for me once again the wisdom (for me, at least) of having a zillion little equity positions instead of one or two huge ones. To explain: before the opening bell, the ES was down good and hard, and I figured (with my 128 short positions) it would be a good day. It started…
After a third quarter the crushed the share prices of most stocks, a dividend increase will be a welcome boost in yield and should help prop up and increase share values. Each month I publish a report listing those real estate investment trusts (REITs) that should be announcing a dividend increase during the following month….
Emotional Reaction To A Red Day If you have been around the markets for any length of time, the following statements seem rational and logical: Stocks have green days and red days during a bull market. Stocks have green days and red days during a bear market. Stocks have green days and red days during…
Facebook has impressive user engagement statistics which should hold them in good stead going forward. Mark Zuckerberg and company have a forward-thinking strategy. The acquisitions Facebook has made show significant promise and could add a lot to their topline as well as bottom-line growth. 123rf With 968 million daily active users, Facebook (NASDAQ:FB) is the biggest social network…
Intel (INTC) released its latest earnings report after closing bell tonight, posting earnings of 64 cents per share on $14.5 billion in revenue. Analysts had been expecting earnings of 59 cents per share on $14.22 billion in revenue. In the same quarter last year, the chip maker reported earnings of 66 cents per share and…
“The mythological Narcissus rejected the advances of the nymph Echo and was punished by the goddess Nemesis. He was consigned to pine away as he fell in love with his own reflection – exactly as Echo had pined away for him. How apt. Narcissists are punished by echoes and reflections of their problematic personalities up…
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP expressed in U.S. dollars is down 8.4 percent. So those that are waiting for the next worldwide economic…
Find out which stocks that were complete losers in 2015 are about to become the biggest winners in 2016. These are four stocks that you will want to watch as we move into the fourth quarter. I came across one of the most interesting data points I have seen in some time this weekend. Bespoke…
JPMorgan Chase (JPM) released its latest earnings report after closing bell tonight. JPMorgan announced recently that it was shifting the time of its release to after-hours rather than releasing it before opening bell as it has in the past. The change also bucks the wider trend of the financial industry in general, as banks and…
