CLICK ON CHART TO ENLARGE One year ago this week, the Power of the Pattern suggested interest rates were due for a BIG CHANGE and members purchased TLT! Patterns suggested a interest rate decline/bond rally was due, while 100% of economist were predicting rates would do the opposite. (see post here) The S&P is having a good…
Industries change. Companies change. Valuations change. It should come as no surprise, then, that sector behavior in the stock market can change as well. Let’s take a look back at the ten S&P 500 sectors since data became available in October 1989. Defensive vs. Cyclical We generally break down the sectors into two main categories…
As expected. Have a pleasant weekend.
I went long crude oil earlier today, but this isn’t a long-term trade. I think that USO, shown below, has a good shot at closing the gap, but it’s likely to resume its much broader downtrend.
Catching up on Uncle Buck and Johnny Yen, we return to the monthly comparison chart. Yen continues to search for a low to bounce from if it is going to follow the buck’s bounce plan at orange arrow #3. It is at support. If it bounces and if it goes the USD’s script, it would…
After the announcement of positive results from the pivotal late-stage field study of its novel drug, AT-001 by Aratana Therapeutics Inc. (NASDAQ:PETX), its stock rose over 26% to $16.50. The drug is designed to treat osteoarthritis pain in dogs. The study demonstrated that at once-daily dosage, the dogs receiving the drug showed improvement in the…
Well that escalated quickly… The S&P 500 cash index has ripped from 1972.50 to over 2076 in 3 days… And US Treasuries are rallying hard too. The Dow is up from 17067 to 17872… 800 Points But bonds are ripping…
The right income stocks can be game changers for investors, rewarding them with exponential profits every year. In this article Tim Plaehn recommends three stocks that have histories of regular payment increases which gives investors expanding incomes. These stocks are the kind you can buy and hold forever. A great time to buy into or…
The sharp drop in oil prices in the past few weeks confirms the oil price forecast that I published back in May 2013, when West Texas crude sold for $94.50: “Oil prices are headed down, and I mean down at least $20 a barrel. The key reason is that prices have been high. It’s not a paradox,…
“Twas the week before Christmas, when all through markets Not a trader was stirring, because they already left for the Hamptons. Which left the “inmates running the asylum” with very little care As everyone hoped a ‘Santa Claus Rally’ would soon be there.” Yes, it is that magical week leading up to Christmas and the…
