The Chart of the Day belongs to Pinnacle West Capital (NYSE:PNW). I found the electric utility stock by using Barchart to sort the Russell 3000 Index stocks first by the most frequent new highs in the last month, then again by the highest technical buy signals. Next I used the Flipchart feature to review the charts. Since the Trend Spotter signaled…
Following the explicit path of orthodox monetary and economic theory delves into something very much like Lewis Carroll’s monstrous rabbit hole he devised for Alice all the way back in 1865. Like the story’s Wonderland, the other side of the hole leads to some version of nonsense that seems to project, in the book’s case,…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Some investors applauded an overseas property deal Tuesday, while a tarnished gold explorer shone on talk of a company sale. Here’s some small stocks making big moves on Tuesday, April 5, 2016 (as…
Stocks pulled back a bit today, and volatility returned to the upside as the end of quarter nonsense took a time out. Still, stocks are in an uptrend that has not yet been broken. This is most cleanly seen on the SP 500 chart. The financiers are a bit nervy about global developments, and the…
“There is no traffic jam along the extra mile.” –Roger Staubach We opened with a good sized gap down but leading stocks took off higher as soon as we opened and performed well for the most part with TSLA being my best performer today. I am seeing a few cracks but in general we still…
Photo Credit: Mike Mozart Monsanto Co. (MON) Materials – Chemicals | Reports April 6, Before Market Opens Key Takeaways The Estimize community is looking for EPS of $2.53 on $4.81 billion in revenue, 8 cents higher than Wall Street on the bottom line and $27 million on the top Monsanto’s core business has been a hot button…
Apart from growth stocks, investing in stocks that yield stable dividends is another good way to make money in the market. This is true especially in the current scenario when markets have been volatile, causing investors to panic. Though, of late, markets have embarked on a “correction” course, bouts of occasional volatility still persist. Macroeconomic…
2015’s positive return for The S&P 500 was rescued at the last second… Because nothing says “efficient markets” like a last second VIX panic-selling to jam S&P up 3 points into the close… and save the green close for the year… Close up it all started exactly one minute before the cash close… Keeping…
Shares of railcar maker Greenbrier Companies (GBX) are rising in an otherwise down day for broader market indices despite reporting second quarter results that were below expectations. The company noted that it sees continued U.S. demand as the economy continues to have “strong legs.” WHAT’S NEW: The company’s Q2 results missed on the top and…
Gold and silver bounced back today, as the pricing of risk was marked a bit higher, with stocks retreating a bit, but again in otherwise dull trading. In terms of the developing chart formation, the ‘cup and handle,’ it is like watching paint dry. Let’s see how we work this short term bounce out, and…
