Author Archives: Darren Marchal

It’s All About Silver This Week

(Audio length 00:11:16) With the pop in silver yesterday, lots of people are pointing to the silver price and saying I told you price would rise. Based on the recent CoT reports there is was a reason to expect silver to bounce but it still has yet to break any of the recent lower highs….

Benchmark Sees Activision Blizzard Guidance Affected By ‘Fo

Shares of Activision Blizzard (ATVI) were trading lower after an analyst from Benchmark said he expects the game maker to report strong first-quarter earnings followed by disappointing second quarter guidance. BENCHMARK KEEPS BUY: In a research note to investors, Benchmark analyst Mike Hickey maintained a Buy rating and $80 price target on Activision Blizzard, saying…

The Sure Thing

It’s a terrific day so far (and it’s been a while since I’ve been able to type those words). I am particularly pleased with the emerging markets bond fund, which has been a true “old faithful” and which continues to work its way toward what I think is going to be a spectacular failure.

Too Good?

Would you like a 7-percent return without being subjected to the volatility of the stock market? How about 6-percent in a security that Standard & Poor’s rates BBB-, which is investment grade? There are no guarantees, but that’s what investors can expect to receive if they hold two exchange-traded notes until they mature in 2024….

The Fed Has Forgotten The Lessons Of 2008

A few days ago, Neel Kashkari, president of the Minneapolis Fed, told an attendees at an event at Howard University that Wall Street is “forgetting the lessons of the 2008 financial crisis“: “The shareholders got bailed out. The boards of directors got bailed out. Management got bailed out. So from their perspective, there was no…

S&P 500 Index: Intraday Support & Resistance Levels

The following 60 minute chart of the S&P 500 Index (SPX) shows intraday support and resistance levels at 2650 and 2700, respectively. The momentum and relative volatility index technical indicators have plunged on today’s action, so far (as at 1:15 pm ET, Thursday April 19), and price has fallen back into the lower 1/4 of the uptrending Andrew’s Pitchfork channel…all of which are suggesting that the latest…