Which 5 stocks have all the top analysts buzzing right now? TipRanks financial accountability engine tracks stock recommendations from over 4,700 analysts- so using the Trending Stocks tool we set out to find the Street’s hottest trending stocks. In this case, we filtered the options to best-rated stocks in the last week from any sector and with any market…
Talk about the perfect sequel to that written a week ago: indeed Gold got that grip while bitcoin got bit. Were it always this easy. A mere nine trading days ago (Dec. 12) Gold was below The Box (1280-1240) at the “uh oh, say it ain’t so” level of 1238. But by yesterday (Friday), it traded as…
With forex volatility so low and so much excitement about bitcoin and other altcoins, quite a few forex brokers have offered trading in these new and shiny cryptocurrencies. Brokers are responding to demand and by allowing trading on digital coins, they can attract new clients. Yet these clients may not necessarily be the ones that brokers…
Tendencies to rise in the last days of the year are known typically as a ‘Santa Claus’ rally. The classic signs of exhaustion are also present. So it’s going to be interesting, given the signing of the tax bill; there may be a slight propensity to see some S&P selling once stocks can settle in…
The Australian dollar has been rather choppy over the course of the last year, but as you can see on the chart we have been bouncing around in a nice uptrend in channel. Because of this, I think we continue to find support on dips, and I think we’re going to go looking towards the…
The tightening of the American labor market in 2017 has been dramatic. Aside from the 2.1 million payroll jobs created over the twelve months ending November, the national unemployment rate fell to 4.1% in October and November, a level not seen since the early 2000’s. As of November, 6.6 million American reported that they were…
As we now all know, Apple throttled older iPhones allegedly to stop batteries from dying, and just by chance also encouraging its i7 and earlier model customers to buy newer phones. As an owner of two i6+ models I am a member of the class suing AAPL. Despite the Republican attempt to defund Obamacare by removing the…
To paraphrase one of the great gems of Wall Street wisdom, “Nothing infuriates a man more than the sight of other people making money.” That’s a pretty good description of what happens during the late stage of a stock market bubble. The bubble participants are making money (at least on a mark-to-market basis) every day….
Here is what Donald Trump said about his tax plan late last month in Missouri speaking to an invitation-only crowd of 1,000 at a convention center. Here’s the transcript: Our focus is on helping the folks who work in the mail rooms and the machine shops of America, the plumbers, the carpenters, the cops, the…
GBP/USD stays above a bullish support trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 7, 2016 low). As long as the trend line support holds, the price action from 1.3657 could be treated as consolidation of the uptrend. A breakout of 1.3657 resistance could signal resumption…
