Stocks Rally Off Breach
Stocks rally off breach of 200 day MA. Volume was on the light side comparatively.
Finance
Should Investors Be Excited About Kraft Heinz Co’s Improvin
Kraft Heinz Co (Nasdaq: KHC) beat the Consumer Staples sector by 6.4% as it relates to ROE, producing a healthy 17.8% compared to the sector’s 11.3%. But what is more interesting is whether Kraft will continue to achieve above average returns moving forward. The DuPont analysis is a useful tool that may help us determine this….
More Tariffs On China: 1,300 Product Categories
Trump is stepping up his attack on China. Us consumers and businesses will pay the price. In his effort to “win” a trade war Trump Announces Tariffs on $50 Billion of China Imports. The Trump administration detailed plans for steep tariffs it will impose on some $50 billion of imports from China unless it makes…
More Tariffs On China: 1,300 Product Categories
Trump is stepping up his attack on China. Us consumers and businesses will pay the price. In his effort to “win” a trade war Trump Announces Tariffs on $50 Billion of China Imports. The Trump administration detailed plans for steep tariffs it will impose on some $50 billion of imports from China unless it makes…
The Fed: Leaving The Sweet Spot
One thing I am fond of is creating my own indicators, and today’s chart features one of my many favorites – the Fed Sweet Spot Indicator. As the Fed is pressing on with monetary policy tightening, and as heightened volatility permeates the markets, it’s a great opportunity to revisit this indicator and what it is…
Weekly Gasoline Price Update: Regular And Premium Up A Nickel Eac
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were up a nickel each from last week. According to GasBuddy.com, California has the highest average price for Regular at $3.50 and San Francisco, CA is the most expensive city, averaging $3.61. Arkansas…
Trump Administration Releases China Tariff List Aimed At Cripplin
Okay, the U.S. Trade Representative’s office has published the list of Chinese products that will be subject to U.S. tariffs. Long story short, this is the list that goes along with the 301 probe – Lighthizer had until Friday to publish it. As discussed previously, the idea here is to hit China on the whole “Made in…
Why Facebook Is Bad News For U.S. Stocks
Ask five people you see today what “Cambridge Analytica” means to them, and I bet you’ll get four blank stares. Maybe one paranoid person (who’s ranted to you about the Deep State) will know that it’s a British firm that supposedly exploited data on 50 million Americans to influence the 2016 election. The other four?…
E
There are multiple signs and reasons suggesting that the Trump administration will soon reach a comprehensive trade deal with China, resulting in a market rally. Specifically, President Trump has always been a deal maker, and many of his actions as president, from his decision to block DACA in order to reach an immigration deal to…
Bullish Harami Crosses Offer Swing Low Potential
Today’s action didn’t break the bounds of Friday’s range but did create a scenario where solid swing lows develop; bullish harami crosses are one of the most effective swing low markers. The best opportunity can be found in the Nasdaq 100. A rally from here would suggest the makings of a trading range which I…