Note from Talkmarkets editors: This article discusses one or more penny stocks. Penny stocks are easily manipulated; please do your own due diligence. For years I have highlighted a strategic metal called niobium. See my recent article on the topic by clicking on the following link: The West Must Look For A Secure Supply Of Niobium Recently…
The Empire State Manufacturing Survey fell significantly (14 points), and entered contraction for the first time in nearly two years. Key internals were also in contraction. Expectations were for a reading between 9.0 and 15.0 (consensus 12.0) versus the -3.6 reported. Any value above zero shows expansion for the New York area manufacturers. New orders…
Today I used Barchart to sort the NASDAQ 100 stocks to find the one with the most frequent new high in the last month and NASDAQ 100 (NASDAQ:ALTR) a semiconductor stock was at the top of the list: Barchart technical indicators: 48% Barchart technical buy signals Trend Spotter buy signal – up 4.95 since the 11/5 buy signal Above…
The modern era has witnessed two great periods of transformation that radically changed the global economy and the very nature of human existence. The Industrial Revolution of the 18th and 19thcenturies and the shift to a postindustrial economy over the past fifty years are old news. Today, the Global Economy is undergoing a third period of…
For anyone trying to trade today, this post is moot. For everyone else, when less than 1K ES contracts take out not 1, not 2, not 3 but 4 levels of order book depth… Then one better pray that Waddell and Reed does not sneeze, and certainly not sell (or, gasp, short) anything in size or…
Stock Market to Janet Yellen: “I dare you to talk tough about Fed Funds rates. I double dare you!” (SPY) is at our NFTRH+ target, which does not mean it needs to stop dropping yet. But it is at our conservative target.
Internet sensation Baidu Inc. (ADR) (NASDAQ:BIDU) is taking a keen interest in taxi-hailing app Uber. The Chinese giant has reportedly made over a $600 million investment in Uber, with full details set to be made public at an upcoming press conference on December 17th. Its investment in Uber will help Baidu increase its market penetration…
Developments in the coming days will likely push the People’s Bank of China into easing monetary policy the near-term. Many have been looking for a follow up move since the PBOC surprised the market on November 21 by cutting interest rates for the first time in two years. Tomorrow HSBC will release its preliminary manufacturing PMI…
Since 2010, the average return of our weekly best scoring ADRs have outpaced the MSCI EAFE by a median 465 bps over the following year, with no turnover. The average ADR score is 43.54, below the four week moving average score of 48.27. The average ADR is trading -27.07% below its 52 week high, -10.69%…
The headlines say seasonally adjusted Industrial Production (IP) improved. Econintersect‘s analysis agrees – and the unadjusted rolling averages are accelerating from positive backward revisions. Headline seasonally adjusted Industrial Production (IP) increased 1.3% month-over-month and up 5.2% year-over-year. Econintersect‘s analysis using the unadjusted data is that IP growth was up 0.7% month-over-month, and is up 5.2% year-over-year. The unadjusted year-over-year rate of growth accelerated 0.4% from last…
