The Chart of the Day belongs to McDonald’s (MCD). I found the mega fast food stock by using Barchart to sort the All Time High list first for the most frequent new highs in the last month. then for technical buy signals above 80%, Next I used the Flipchart feature to review the charts for consistency. Since the Trend Spotter signaled…
Are we having fun yet? For those with strong stomachs, things seem dicey if nothing else. There’s no question investors are seeking answers to what’s happening, and why. To that end here’s a monthly chart of the S&P 500 which remains the top index to measure markets in my opinion. Then, of course are the…
Today Intercept Pharmaceuticals (ICPT) announced that an FDA advisory panel has backed its drug Ocaliva — Obeticholic acid — for the treatment of a rare liver disease known as primary billary cirrhosis — PBC. This is a rare liver disease in which the body mistakes the liver ducts as foreign objects and attacks the linings. …
Yesterday belonged to bulls, today was a day for bears. Thursday’s action returned prices to yesterday’s lows but not enough to break the trend off February’s swing low. A swing low of substance should be in the works soon – the question is whether today is the start of it. The S&P finished with a…
Healthstream Inc. (HSTM) is a small healthcare software company with a market capital of $700 million. It provides a web-based solution for healthcare organizations allowing them to train professionals, employees. In addition the software monitors their credential and privilege records. The company has achieved annual sales revenue growth and free cash flow growth at a…
On World Health Day, we would like to draw investors’ attention to well-nourished ETFs that can immune a portfolio from market volatility that is so rampant now. Just like we need nutrients to lead a healthy life, given below are what an ETF portfolio needs to be in the pink. Quality Quality ETFs are generally…
The main topic again last night was the magnitude of the advancing Yen. Despite a convincing break below the 109 (and 108 in European trading) the Nikkei only managed to hold ground to show a modest (0.22%) gain on the day. The Shanghai fell over 1.3% overnight and only just managed to hold the psychological…
It’s never a good sign when bank stocks are leading any retreat, but that is especially the case given recent events when several high profile banks were at the epicenter of early 2016’s liquidation rerun. As usual, Deutsche Bank and Credit Suisse are the firms most mentioned and among those most disfavored at these times….
Low crude pricing is continuing for quite some time now, impacting not only companies but economies at large. This is being echoed by a sharply falling rig count in the domestic space as reported by Houston-based oilfield services company Baker Hughes Inc. (BHI – Analyst Report) in its weekly rig count. Also, Janet Yellen’s dovish stance has…
We can use our data to track individual stocks, industries, sectors, and indices. For today’s bulletin, we present key metrics for the top picks in the Nasdaq 100. The companies listed below represent the top-ten BUY and STRONG BUY stocks within the index. They are presented below according to their one-month forecast target prices. We…
