Do you recall the evil of the market back in early February? You know, those evil folks that caused the market to crash known as the “short-Vol/VIX traders”. CNBC’s Mad Money Host Jim Cramer penned an article only a couple of days after the February 5th Volpocolypse titled “Jim Cramer: There Are 4 Real Culprits…
You can work your tail off, live below your means, save like a miser, invest like the experts, build a great retirement nest egg – and still end up with virtually nothing! Don’t take the bait! The hypocrisy of some financial professionals isn’t funny when you are talking about your life savings. When I have discussions with…
Are you thinking of getting started in trading and investing? Before you even thinking about risking your hard-earned money, well before you look at a chart or think about strategy, it is critical to understand what it really takes to become a consistently profitable trader/investor. In my opinion, if one does not prepare themselves properly,…
Hi-Crush Partners (HCLP – Free Report) is a Zacks Rank #1 (Strong Buy) and sports straight A’s on its report card.Well not really a report card, but the Zacks Style Scores for Value, Growth and Momentum are all A’s. Investors love to see that from a stock and so do I and that is why I made HCLP…
The running average for job creation for the months of January, February and March 2018 in the USA came in at about 208000. Taken over a longer period, over the last year the average figure was approximately 190000. So, viewed against this backdrop, the job creation figure for April of 16400 is clearly a relatively…
The New Zealand dollar – commonly known as the Kiwi – fell to the lowest level since December. This came after the country’s central bank released its interest rate decision and a statement. In today’s meeting, the officials decided to leave interest rates unchanged at 1.75% and removes chances of a rate hike in the…
The EUR/USD is trading higher and getting away from the 2018 lows. The US Dollar is taking a breather and the Euro has no new disappointing figures. The technical picture still shows oversold conditions but other factors are improving. The EUR/USD is trading around $1.1880, up on the day and further away from the new…
My Swing Trading Approach I am following the downtrend that the bulls are testing at the open today on SPX. Should it break, I will look to steadily increase my long exposure in the market, while protecting my profits in existing positions. Indicators VIX – Hard breakdown on the VIX yesterday, that dropped it 8.8% to…
Twitter (NYSE: TWTR ) appears to be making a slow turnaround this year. It recently reported its quarterly performance that outpaced market expectations and delivered its appears to be making a slow turnaround this year. The market is also impressed with some of the content-related moves that the company is making. Twitter’s Financials For the first quarter…
The difference between the market backdrop this week versus last week is almost like night and day. Last Thursday, equities were testing the 200-DMA to the downside before staging a major turnaround over the last five days. Now, rather than breaking down, stocks appear to have broken their downtrend from the late January highs. Given…
