A little bit of relief During the session on Tuesday, we got a little bit of relief from all of the negativity around the world. With this, we got bounces in several stock markets, and of course commodity markets. With this, we believe that the market is offering more trading opportunities going forward though. Paris…
The Energy Report: Do you rely on the stock-to-use ratio to predict grain prices and, if so, what is it telling you right now? Spencer Churchill: Yes, we do. Stock-to-use is a good way of assessing the degree of tightness in any crop market and hence how much underlying support there could be for prices. The lower…
What I am about to share with you is quite stunning. A well-respected financial expert that correctly predicted the last two stock market crashes is now warning that we are right on the verge of the next one. John Hussman is a former professor of economics and international finance at the University of Michigan, and…
Podcast: Play in new window | Play in new window (Duration: 13:15 — 6.1MB) DOW + 189 = 17,630 SPX + 25 = 2093 NAS + 49 = 5089 10 YR YLD + .02 = 2.25% OIL + .59 = 47.98 GOLD + 1.00 = 1096.50 SILV + .14 = 14.79 The Federal Reserve FOMC met today. They will…
TM Editors’ Note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Peter Epstein, CFA, MBA conducted the following interview by phone and email in the week ended July 28th. The views expressed herein are entirely that of Pure Energy Minerals’ management team and Board. To the best…
The Chart of the Day belongs to American Woodmark (NASDAQ:AMWD). I found the cabinet maker stock by using Barchart to sort today’s All Time High list for the stocks with the highest Weighted Alpha then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy the stock gained 17.25%. American Woodmark manufactures and distributes kitchen cabinets…
After a few days of pullback, the market managed a bounce today. SPX added +25.61 points, while Nasdaq gained +49.43 points. This morning, UPS reported strong quarterly results and saw its shares trade up more than +5%! PCP shares popped +7.49%, even though it missed its estimates. We traded a small trade on PCP in my Happy Trades Portfolio and…
Elliott Wave International’s Chief Energy Analyst tells you what he sees next for crude In this new interview, Steve Craig, editor of Elliott Wave International’s Energy Pro Service, shows you what extreme readings in some of his market indicators mean for crude from here. Watch this interview now for a unique take on this key energy…
Let’s go back in time 30 years. Remember those “Taste great / less filling” Miller Lite beer commercials from the mid-1980s? You could roughly divide the world’s beer-drinking population into two rival factions: Those that insisted that Miller Lite tasted great…and those that insisted it was less filling. I believe many men lost their lives…
I heard a term today: “Stealth bear market,” and the energy sector is definitely experiencing one, but the recent drop in crude prices have pulled away the “stealthy” part. I cover the master limited partnership –MLP– type of companies that operate in the energy sector, and values have been hammered across the board, pointing to…
