(Audio length 00:10:49) Doc joins me today to shares his thoughts on the US markets and the USD. With daily volatility but no major breakouts in either direction, there are some levels we expect before the next bigger move. For the USD it continues to look weak but trade in a tighter range. Sounds like…
What would’ve been the second round of economic sanctions levied at Moscow since the poisoning of former Russian spy Sergei Skripal has been walked back by the White House, which apparently has put its latest round of sanction plans “in a holding pattern” following a coordinated missile strike in Syria late Friday. The sanctions were…
Many months ago we made an interesting call in Palladium and alerted to this setup on January 24th, 2018. This nearly perfect call included our future price expectations using our advanced ADL price modeling system. Today, we are refreshing that call with a new market call to inform you that our price prediction has played out…
Shares of Blueprint Medicines (BPMC) are sliding after the company reported data over the weekend regarding its early-stage candidate in RET-altered tumors. This morning, both Wedbush and JMP Securities raised their price targets on the stock, while Morgan Stanley analyst Matthew Harrison upgraded competitor Loxo Oncology (LOXO) to a buy-equivalent rating as he believes the…
Econintersect‘s analysis of final business sales data (retail plus wholesale plus manufacturing) shows a slowing in the rate of growth. Inventory levels are very high and do not correlate to times of economic expansion. Analyst Opinion of Business Sales and Inventories Inventories remain elevated this month. Our primary monitoring tool – the 3 month rolling…
In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Here are the key levels that matter on the weekly charts for the NZD/USD, GBP/USD and EUR/NZD. NZD/USD WEEKLY PRICE CHART Notes: Last month we noted that the New Zealand Dollar had,“continued…
Just to make sure you don’t miss it,please note there is an open plea for people to test the new site, so please read the post if you didn’t. Over the long haul, there’s no arguing that Tesla has been anything but an incredible stock, having moved up many, many hundreds of percent: Shorter-term, however, things are…
Remember what I said last night? No? That’s ok, I wouldn’t either were it not for the unfortunate circumstances that forced me to give up Balvenie forever. But for those who are still free to imbibe and thus perhaps prone to forgetting what was and wasn’t said on Saturday and Sunday evenings, here was our assessment of…
Trade fears have tapered some, and the US response to the Syria chemical attack has take place, and the market is trading higher today. Honestly, if you had to pick a time for a missile strike, Friday night would have been the most preferable time for the stock market. You avoid that massive knee-jerk reaction…
