Bitcoin Support Or Crash?
A review of today’s commodities, stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:19:27
A review of today’s commodities, stocks, ETFs, stock market indexes and cryptocurrencies. Video Length: 00:19:27
For traders with a short-term time horizon looking for big moves, we have updated our list of the S&P 1500 stocks trading above $10 that have the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over the last 50 days). The stocks are grouped based on whether…
Canadian National Railway (USA) (NYSE: CNI) easily outperformed the Industrials sector by 25.1% as it relates to ROE, producing a strong 35.2% compared to the sector’s 10.1%. But what is more interesting is whether Canadian National Railway will continue to achieve superior returns moving forward. The DuPont analysis is a useful tool that may help us…
The last financial crisis made many financial corporations cut their dividends, but Cincinnati Financial (CINF) managed to keep its dividend growth streak alive. The company has raised its payout for 57 years in a row, which makes the insurance company one of the Dividend Kings. Cincinnati Financial’s dividend yield is substantially higher than that of…
The dollar dropped slightly following the Consumer Board’s Consumer Confidence data. The data showed that in February, the confidence of consumers declined to 127.7. This was lower from January’s 130 and from the analysts’ forecast of 131. Had the confidence number rose in the month, it would have been the third consecutive month of gains….
US EQUITY SLUMP CONTINUES The big item over the past 24 hours is another bearish move in US equities. Yesterday’s late-session sell-off reversed the entirety of Monday’s gains, and the sell-off ran all the way until the 76.4% Fibonacci retracement of the February-March move came into play around 2594. This was the same zone of prices that had helped…
Intel led the semiconductors in a big way. During last week’s market carnage there was little to be seen that offered some good opportunity. In fact, we had to wait until the markets pulled out of its funk to find out where the heavy hitters were revealed. Monday the 26th was the day, and we…
The National Association of Realtors (NAR) seasonally adjusted pending home sales index improved. Our analysis disagrees – and further pending home sales are in contraction year-over-year. The quote of the day from this NAR release: .. weakening affordability and not enough inventory on the market restricted overall activity compared to a year ago … Analyst Opinion of…
If you are retiring before the “normal” retirement age of 59½ or older, or if you find yourself in need of money, you may need to make an early withdrawal from your retirement plan. An early withdrawal from your retirement plan is not without consequences – there will be taxes for sure, and quite possibly…
This morning the National Association of Realtors released the February data for their Pending Home Sales Index. Here is an excerpt from the latest press release: Lawrence Yun, NAR chief economist, says the housing market has gotten off to an uneven start so far in 2018. “Contract signings rebounded in most areas in February, but…