The US Dollar fell to a four-month low last week with prices testing 94.50 support on dovish FOMC meeting. But prices managed to reverse their losses with the Dollar Index posting steady gains, for the most part, this week. Prices rallied for nearly four consecutive days after falling to the 94.50 support as noted in…
Bullish Case vs. Bearish Case vs. 2016 Video Length – 00:37:18
Today’s Price Spike and Target was Reached but there is still more upside potential! Price Spikes are a very short-term trade setup that typically reach their targets withing 48 hours and in most cases within 24 hours. I have covered these on great detail a few weeks ago when we had a wave of these…
Reservoir Minerals Inc. (RMC) has moved up sharply this month—over 50%—after Lundin Mining Corp. (LUX:TSX) made an offer to buy part of Freeport-McMoRan Copper & Gold Inc.’s (FCX) interest in its joint venture with Reservoir. But it remains a strong buy. Lundin agreed to acquire part of Freeport’s interest in the huge Cukaru Peki deposit in…
Stocks opened with follow-through declines from Wednesday’s decline as dip buyers entered in the afternoon for another stick save to win a good headline for Main Street’s benefit. More bad news is good data was featured prominently as Durable Goods Orders fell to -2.8% vs prior 4.3%. PMI Services Index was weak when viewed by…
Stratfor analysts, Lynn Wise and Mark Fleming-Williams, discuss recent developments, along with the pros and cons, that are clearing the path towards a global cashless economy.
Today, shares of Portola Pharmaceuticals, Inc. (PTLA) fell by 30% after it announced that its oral anticoagulant drug betrixaban failed to produce significant results in a phase 3 study. The phase 3 study known as the APEX study tested patients using betrixaban against Sanofi (SNY) Lovenox — enoxaparin. Betrixaban failed to produce significant results against…
I’ve been trading and teaching for more than 25 years. Since 2009, I’ve taught 300,000 traders the specific ways they can spot high-probability, low-risk trades. So I think this is the perfect time for an “anniversary present.” It’s a priceless antique, more than 300 years old, and it comes all the way from the Japan…
“And the angel said to the women, ‘Do not be afraid. I know you are looking for Jesus, who was crucified. He is not here; He is risen from the dead. Go and tell the others. This is my message to you.’” Mt 28:5-8 “For God so loved the world…” John 3:16 Gold and silver…
GameStop Corp. (NYSE:GME) released its fourth quarter earnings report after closing bell tonight, posting adjusted earnings of $2.40 per share on revenue of $3.53 billion. Analysts had been expecting sales of $3.57 billion and earnings of $2.25 per share. Reported earnings were $2.36 per share, compared to $2.23 per share in the year-ago quarter. GameStop’s…
