Social Fibonacci
The social media fund, symbol SOCL, has an interesting relationship with its Fibonacci retracement levels. Its current position suggests weakness ahead next week for this sector.
Finance
The EU’s New “Red Tape Advisor”
Creator of Stammered Works Becomes EU’s Red Tape Whacker The European Commission seems to be serious about wanting to cut some of the mountain of red tape it has imposed over the years. Only a truly giant weed-whacker can be expected to do the job. In our paperless age, it would probably be best if…
When Shale Hedges Fail: The Downside Of Three-Ways
“[Shale Oil] Producers are inherently bullish,” warns one energy-hedging firm, and that truth belies the weakness in the apparent hedging programs many over-optimistic energy firms are facing now. We hear day after day that, in the short-term, low prices can be handled “because they’re hedged,” but producers were so exuberant about the direction of oil…
How Long Could The Current Stock Rally Last?
Running length 00:20:58
Haikus Of Finance For The Week Of Dec. 15-19
Monday, Dec. 15: Taxi app pricing: Charge extra in a crisis Really price gouging. Related link: What Uber’s Sydney Surge Pricing Debacle Says About Its Public Image Tuesday, Dec. 16: Ruble trading halt Await capital controls; Bearish on Moscow. (Proxies for potentially affected investments discussed by Reuters include RSX, NORW) Wednesday, Dec. 17: Trading floor…
Netflix Partners With Dish For First Big Pay-TV Partnership
Subscribers to Dish’s (DISH) satellite TV service can now access Netflix (NFLX) right from their set-top box. From GigaOM: Subscribers to Dish’s satellite TV service can now access Netflix right from their set-top box, the companies announced on Wednesday. The partnership is a major strategic coup for the online video service, and reflects a new…
The Santa Claus Rally Will Boost These Stocks
Let’s put those Christmas bonuses to work! The Santa Claus rally is coming, but he won’t be stopping by to give every sector gifts this year. So, we’ve detailed where the best investments will be made going into 2015. These are the sectors that are firing on all cylinders right now even though some sectors…
QQQ ETF In Focus As Nasdaq Announces Changes To The Index
Nasdaq OMX Group (NDAQ) has recently announced a few changes to the Nasdaq 100 index as part of their annual rebalancing schedule. The benchmark will remove stocks such as Expedia (EXPE), F5 Networks (FFIV) and Maxim Integrated Products (MXIM) from its index composition, while American Airlines Group (AAL – Snapshot Report), Electronic Arts (EA –…
Last Minute Fizzle Fails To Dent Best 3-Day Stock Surge In 3 Year
For old time’s sake… What a week!! WTI’s best day in over a year S&P 500 2nd best week in 2 years Dow’s best 3-day run in 3 years USD at 8 year highs The Dow rips over 800 points off its lows in 3 days, S&P over 100 near record highs.. before a weak…
Gold Daily And Silver Weekly Charts – Sic Semper Ignoramus
Gold and silver marked time today. Next week will be short and quiet, unless *something happens.* The economic calendar has a few things on it. It is included below. Russia added 600,000 ounces of bullion to its gold reserves in November. The major preoccupation of the mainstream media this holiday season is the ability of Americans…