Finance

They Should All Work Like This

That way I could apply for my Guru card and that rarefied club might finally accept me! 2 Days ago NFTRH+ made a post on Intel (now public), referencing a daily chart pattern that had just formed, with a target of 40, which rather coolly was in confluence with the 40 +/- NFTRH+ target from June, when…

Waiting

Just a heads up about our core indicators and portfolio allocations. At the moment our core measures of risk are positive. It appears that they’ll stay that way into the close tomorrow. It would take an extremely sharp down day tomorrow to push them back to negative. As a result, the core portfolio allocations will…

AEZS Adds Hollings Cancer Center To Multi-National Phase 3 Trial;

Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZ) announced the opening of a new clinical site at the Hollings Cancer Center of the Medical University of South Carolina in Charleston, South Carolina, for the Company’s ongoing multinational, pivotal ZoptEC (Zoptarelin doxorubicin in Endometrial Cancer) Phase 3 trial in women with advanced, recurrent or metastatic endometrial cancer. The…

Chart Of The Day – Cato Corp (CATO)

The Chart of the Day belongs to Cato Corp (CATO).  I found the stock by sorting the All Time High list for the best technical buy signals then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on10/28 the stock gained 8.30%. The Cato Corporation operates as a specialty retailer of women’s fashions and accessories…

Skim Just A Little

Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 33 = 17,719 SPX + 4 = 2052 NAS + 26 = 4701 10 YR YLD – .02 = 2.33% OIL + 1.50 = 76.00 GOLD + 11.40 = 1195.50 SILV+ .12 = 16.35 Record high close for the Dow Industrials and the…

Bulls Pressure Highs, Big Recovery In Small Caps

Another good day sent indices back to highs, but it was the Russell 2000 that probably came out best.  Yesterday’s losses in Small Caps were consumed by a bullish engulfing pattern. The index defended its 20-day MA, although stochastics weren’t oversold,which would have strengthened the engulfing pattern.   The Nasdaq finished at handle resistance. Volume…

Chesapeake Energy Faces Subpoena On Royalty Payment Practices

Guest Post by Abrahm Lustgarten, ProPublica.org The U.S. Department of Justice is investigating how Chesapeake Energy (CHK) pays landowners for the natural gas it drills on their property, according to disclosures made earlier this month in the company’s filings with the Securities and Exchange Commission. The probe comes after years of complaints by landowners that they are being underpaid, and an…