Finance

Oil Prices Rise As Asia Shares Slip

The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares outside Japan edged slightly down, while Japan’s Nikkei stock average was up about 0.8 percent after…

Bull Of The Day: America’s Car-Mart

America’s Car-Mart (CRMT – Snapshot Report) recently delivered big beats on both the top- and bottom-lines. This prompted analysts to revise their earnings estimates significantly higher for both this year and next, sending it to a Zacks Rank #1 (Strong Buy). America’s Car-Mart operates 136 automotive dealerships in ten states and is focused exclusively on selling and financing…

Trading With Market Profile

Learn how to find low risk, high reward trading areas based upon a few simple rules and strategies. In this webinar, Trader Tim of EminiMind.com will walk through the basics of Market Profile as well as some of the more advanced, yet simple strategies for calculating and identifying value area and where the best trading…

EC A Farewell

No more military Keynesianism after G.W. Bush? It is one of the strange paradoxes that those who disbelieve that government spending can stimulate the economy are sometimes the same individuals that believe reduced government spending can decrease economic activity. (G.W. Bush is not subject to this criticism; see [1].) Well, internal consistency has not always been…

The Dow Jones: Beautiful Tree In The Desert

by Wim Grommen The Dow Jones Industrial Average (DJI) Index is the only stock market index that covers both the second and the third industrial revolution. Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical graph is a useful way to show which phase the industrial revolution…

Oil And Implications

Podcast: Play in new window | Play in new window (Duration: 13:15 — 6.1MB) DOW + 102 = 17,879 SPX + 13 = 2066 NAS + 28 = 4755 10 YR YLD + .07 = 2.29% OIL – 1.48 = 67.52 GOLD – 14.30 = 1199.50 SILV un = 16.57 Record highs on Wall Street. The day’s gains were…

The 5 Best NASDAQ 100 Stocks

I used Barchart to sort the NASDAQ 100 stocks to find which ones hit the most frequent highs in the last month. I then used the Flipchart feature to review the charts. Today’s list includes:  Express Scripts (NASDAQ:ESRX),  Cisco Systems(NASDAQ:CSCO),  Analog Devices (NASDAQ:ADI),  Costco Wholesale(NASDAQ:COST),  Bed Bath & Beyond (NASDAQ:BBBY):   Express Scripts (ESRX) Barchart technical indicators: 100% Barchart…

Gold Finds Support At $1191

Gold prices closed lower on Tuesday, giving back a portion of the previous day’s gains but holding ground above $1191 an ounce. Yesterday, the market initially tried to break through the resistance at the 1212 level which was the key for a bullish continuation but sellers stepped in and dragged prices back below the 1202.70…