Currently, a ‘sharp fall’ is now anticipated within the equity markets! This decline will be accompanied with ‘new volatility’. There is a great deal of ‘uncertainty ‘within the U.S. markets. Currently, we are viewing a ‘textbook’ ‘head and shoulders pattern’ in the SPX and is going to be a big inflection point we look back on months…
The global elite has a message for you and it’s crystal clear: ‘Buy Gold’. It’s a big U-turn and nobody saw it coming. A year ago gold was a barbaric relic, a useless metal. Buying gold was only for fools who believed the world would end. But now, big names are endorsing gold as the…
Commodities prices have staged a nice bounce. We have been long in our Key Market Strategies service and captured some decent gains. Our target for oil (WTI) has been 50.88 on oil for some time; we are getting close and seeing some waning in momentum as oil tests its first swing high level at 48.28; next swing comes in…
Not satisfied with economic distortions resulting from the redefinition of full-time employment to 30 hours for Obamacare purposes but 32 hours for every other purpose, President Obama is back at it. Today, by executive order, Obama doubled the threshold for overtime pay to $47,476 a year. The Labor Department estimates the ruling will affect 4.2…
Here are a few of the charts that currently have my attention. 1) The Canadian Dollar (C$). The C$ usually trends with commodity prices, so the owners of commodity-related investments should view the C$’s recent performance as a warning shot. 2) The Dow Trucking Index. The huge rebound in this index from its January low…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The Fantasy Sports Trade Association estimate that during 2015, 56.8 million US individuals spent an average of $465 on fantasy sports participation. From player deposits alone, this puts the size of the industry…
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 180 = 17,529 SPX – 19 = 2047 NAS – 59 = 4715 10 Y + .01 = 1.76% OIL + .78 = 48.50 GOLD + 5.10 = 1280.10 One day up, one day down. If you can spot a trend, give yourself…
USDCHF: Having the pair strengthened further on Tuesday, further move higher is expected in the days ahead. On the downside, support lies at the 0.9750 level. A turn below here will open the door for more weakness towards the 0.9700 level and then the 0.9650 level. On the upside, resistance resides at the 0.9850 level…
We enjoyed a 2% gain within a couple of trading days. We sold Facebook (FB) shares short due to the stock charts sending us bearish signals. We booked a quick profit because the QQQ’s were showing strength. We are looking to sell Facebook shares short once again but we need to break support. We are…
Photo Credit: Mike Mozart Lowe’s Companies Inc. (LOW) Consumer Discretionary – Specialty Retail | Reports May 18, Before Market Opens Key Takeaways The Estimize consensus is looking for earnings of 85 cents per share on $14.84 billion, 1 cent higher than Wall Street on the bottom line and $20 million on the top Lowe’s continues to make…
