Silver was the quiet star of the market action today, breaking out and above of the 17 handle level. Stocks rallied early and then stalled. They are pushing up against some more significant resistance levels on the charts as can be easily seen. I watched the Cleveland Indians and Minnesota Twins play the first of…
Good is bad, up is down, stocks are safe, war is peace… The Dow underperformed notably, driven mostly by IBM weakness (swiping 84 points off The Dow), but Trannies surged once again… Futures show overnight gains, a dump at the open followed by panic-buying… and then a weak close… Big bank stocks are not…
The Chart of the Day belongs to Varonis Systems (VRNS). I found the data management software stock by using Barchart to sort Barchart’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation over the past 6 month period.The List ranks stocks by the highest current…
Since putting in a major bottom in 2009, the U.S. equity market has dramatically outperformed the rest of the world. This may have something to do with the fact that the Fed explicitly encouraged greater risk-taking on the part of investors by buying up trillions of dollars of risk-free instruments over that span. But now…
A broker from a big bank just did something I’d never do… He put a number on the potential value of the blockchain market. If you think, as I do, that blockchain technology will expand from dozens of uses to hundreds and then thousands, how can you calculate a precise market value for that? It’s like Thomas…
Introduction This is the fourth of a five-part series presenting 50 dividend growth stocks that I have screened for current fair value. With this article, I will be covering 10 additional dividend growth research candidates with moderate to higher yields in addition to the initial 30 that I presented in part 1 found here, part 2 found…
Wall Streets euphoria spilled-over into Asia with many markets making gains. The one outsider today was the SENSEX which closed marginally lower -0.2%, breaking its recent winning streak. We continue to see the INR trade weaker against the dollar and now is heading for levels not seen since late September 2017. The majority of the…
from the St Louis Fed — this post authored by Alexander Monge-Naranjo and Hee Sung Kim It is well known that the U.S. economy is a major supplier of food products to the world. Not only is the country endowed with fertile lands and natural resources, but it also has the appropriate climate for grains and grass….
Netflix Is Spending To Grow Let’s look at the earnings of all the TFAANG names because they are the market leaders. It will be tough for the S&P 500 to make a new all-time high if the momentum growth stocks don’t rally. Netflix is the poster child for this segment because it has a high…
Bond yields jumped today after the Fed’s Beige Book noted steel stockpiling and tariff-related price hikes. The Fed’s “Beige Book” is a compilation of economic activity by each of twelve Federal Reserve districts. The title sounds impressive but it is little more than a summation of the anecdotes from the latest Fed regional reports (Think…
