The Great Recession and its aftermath was actually the best of times for countries with natural resources to sell. The US, Europe and Japan ran record deficits and cut interest rates to zero or thereabouts, sending hot money pouring into mining and energy projects around the world, while China borrowed (as it turned out) $15…
The moment everyone has been waiting for has finally arrived, by which of course, we mean the moment when the market cap of AMZN would finally surpass Wal-mart (WMT). Just after 4pm Jeff Bezos’ Amazon reported number that were quite impressive at first blush. And at second blush as well. Among these: a whopping blow…
Today I used Barchart to sort the S&P 600 Small Cap Index stocks for the ones with the highest Weighted Alpha then used the Flipchart feature to review the charts. Today’s list includes Lending Tree (NASDAQ:TREE), Amedisys (NASDAQ:AMED), Supernus Pharmaceutical (NASDAQ:SUPN), AMN Healthcare Services (NYSE:AHS), and Depomed (NASDAQ:DEPO). Lending Tree Barchart technical indicators: 88% Barchart technical buy signals Weighted Alpha of 221.30+ Trend Spotter buy signal Above…
The Gold Report: With development capital still at a premium, are companies with critical metals projects getting financed? What typically gets financed and what doesn’t? Luisa Moreno: The financing environment for the mining space is still difficult, and that is no different for the critical metals equities. Nowadays, the mining and related processing projects that are more…
The ‘trigger event’ for the next crisis could be elsewhere, someplace distant, and out of the way. The first World War was ignited by a political assassination over a fractious disagreement in Sarajevo that engaged an international web of interconnections. Granted that hubris was on a high note, particularly in Germany, and the system itself was fragile…
These range from suspect to outright ugly. Somebody had better start buying up Junk Bonds. Meanwhile, Treasuries are getting a bid and inflation is nowhere to be found. Goldilocks however, does not particularly like the Dow, Russell and especially Junk’s failure to stop making rounding patterns. We had noted that the conclusion of the Greece…
Obviously the talk-of-the-town after hours is Amazon (AMZN), which is, as of this moment, up over 16%. It’s a foregone conclusion that AMZN will have a market cap of over a quarter trillion dollars tomorrow, which is a lifetime high. The funny thing is how Amazon has been consistently the butt of the “they’ve never…
Summing up Mainstream media today… Where to start… Bonds – Good! Stocks – Bad! Commodities – Ugly! * * * Everything was red in equity index land today… Trannies worst day since January Stocks are all red for the week… Dow is down over 400 points from Monday’s highs back below its…
Bears keep the pressure the on with another around of selling. Markets remain range bound, particularly after July’s sell off and recovery, which confirmed market trading ranges. The S&P finished at its 50-day MA on lighter volume selling. Beyond the 50-day MA next comes the 20-day MA, but neither MA has played as support in…
The Chart of the Day belongs to Imperva (NYSE:IMPV). I found the software development stock by using Barchart to sort today’s All Time High list for the stocks with highest Weighted Alpha then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 6/8 the stock gained 32.75%. Imperva Inc. is engaged in the development…
