Bed Bath And The Bomb
The more recent top is creating a much better fall than the prior one:
The more recent top is creating a much better fall than the prior one:
Most people think that to get the most success out of the stock market you simply need to have a good read on whether stocks will move up or down. While determining that is the fundamental goal of trading, professional traders do a slightly more complicated analysis than that. After a professional trader has figured…
Treasury yields are spiking notably today with 30Y back above 3.00% and 10Y yields at 2.83% are near 3-week highs and along with the dismal indirect bids in the latest 3Y and 10Y auctions (i.e. foreigners not buying), some are suggesting today’s move could be the start of China’s move to unwind its Treasury holdings. 10Y yields…
Shares of Bristol-Myers Squibb (BMY) are slipping after Citi analyst Andrew Baum said Pfizer’s (PFE) CEO made it clear to him that the latter has no interest in acquiring the company in the absence of transformational data or a de-rating in the stock. PFIZER ‘BACKS AWAY’: After meeting with Pfizer’s CEO, COO and CSO, Citi’s…
Markets are currently assuming that oil prices are capped right now and that with increased shale production in the US, we’re unlikely to see higher prices anytime soon. The Story of Low Oil Prices All we’ve heard from the financial news are stories about a glut of oil inventory, Puplava noted, based on the boom…
Markets are currently assuming that oil prices are capped right now and that with increased shale production in the US, we’re unlikely to see higher prices anytime soon. The Story of Low Oil Prices All we’ve heard from the financial news are stories about a glut of oil inventory, Puplava noted, based on the boom…
If you have been following Bed Bath and Beyond (NASDAQ: BBBY) stock over the last few years, you know that investors have not treated the stock well. The stock price has been trending down since mid-2015 and since mid-2017, the price has essentially been flat. Most of this is due to the fear of Amazon. If…
The Bitcoin price suddenly broke higher this morning in what crypto watchers are describing as a very strange sudden increase. On one hand, it looks like a chart technician correctly called for a bullish breakout, while on the other, some are crediting the sudden surge in the bitcoin price to the declaration that cryptocurrencies are…
After two consecutive soft auctions, in the form of Tuesday’s mediocre 3Y, and yesterday’s very disappointing 10Y reopening, moments ago the US treasury sold $13BN in another 30Y reopening, which however saw a notable pick up in buyside demand, stopping at a high yield of 3.044%, stopping through the WI of 3.045% by 0.1 basis…