Here is a brief review of period-over-period change in short interest in the March 16-29 period in nine S&P 500 sectors. XLB (SPDR materials ETF) After remaining under the 200-day moving average since March 22, XLB (57.99) retook the average Tuesday but merely by a penny. The journey toward at least the 50-day (59.27) becomes…
Once again, when the government intervenes – this time in housing – the left hand is starting a fire that the right hand is trying to put out. Rising prices for homes are once again pricing out prime borrowers and nobody can “figure out” why this is happening. It is news like this article reported this morning by…
On the 8th Anniversary of Power Trading Radio, Merlin is joined by Gabe Velazquez to talk Futures trading, and answer questions from our audience.
The Nifty 50 Index has a bullish sequence from the lows to the all-time highs. The index currently shows nine swings up from the all-time lows into the 2018 highs. It is now correcting the cycle higher from the February 2016 lows. This is noted on the chart with the red 8 label. In this article,…
Nike (NKE) is often referred to as a quintessential buy and hold. However, we recently sold a sizable portion of our position in the stock for the BAD BEAT Investing portfolio. The reason we sold the name is not because we do not believe in the company, or that we disagree with the buy and…
We saw a relative rebound across the crypto market on Tuesday, but one coin took the surge to another level. I’m talking about Ontology, ranking 21st by market cap, which saw over 29% gains. Ontology was launched by a Chinese company, OnChain, last year. It’s been focusing on a wide range of projects, providing new…
International trade policy shouldn’t be headline news. We just need stability, so everyone can conduct business—but that’s not where we are. Trade and tariffs are all over the news because President Trump is going after China. This vexes financial markets, which want minimal trade barriers. Regular readers know I’m not a Trump fan… but on…
Once again, the “mercantilist-in-chief” demonstrates his uninformed and “upside-down” thinking about trade and trade deficits. We’ve heard for years now from Donald Trump about how China has perpetrated one of the “greatest thefts in the history of the world” when it comes to trade with the U.S. His latest Tweets today (above) claim that: a)”We…
Bitcoin Price Setting Up to Disappoint the Bulls Bitcoin was the hot topic a few months ago. No matter where you looked or who you talked to, the cryptocurrency was getting a lot of attention. In the midst of this, there were a lot of calls for the Bitcoin price to go much higher. We…
We have written often about bonds and, also about preferred stocks as conservative income-generating investments. Many investors will want to have some money committed to either or both of these vehicles. When considering any fixed-income type investment, of course, one of the main considerations is the return expected from it. The net returns on these…
