Much like mortgage debt is to home prices, equity investor margin debt is to stock prices. With the Dow rising 25% and hitting new record highs every fourth day on average during 2017, borrowings for stock purchases have been hitting new records in tandem. The Fear of excessive margin debt by stock investors causing a…
Facebook (FB) has hit new lows intraday today and assuming the current prices hold will have declined by 2% or more in five of the last six days. That’s fueled an enormous boom in volume and turnover (total value of shares traded). Over the last six trading days, more than $80bn of FB stock has…
Last Thursday’s signals were not triggered, as there was no bullish price action at $8,800. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken before 5pm Tokyo time, over the next 24-hour period. Short Trades Short entry after a bearish price action reversal on the H1 time frame following the next touch of $8,472…
Gold soared by the end of the week. Miners didn’t – the HUI didn’t even move above the previous March highs. Silver’s performance was rather mixed, but closer to the one of miners than the one of gold. Why did gold rally? Why didn’t miners rally? How can the silver CoT numbers help in this…
RANCHO CORDOVA, Calif., March 26, 2018 (GLOBE NEWSWIRE) — Cesca Therapeutics Inc. (Nasdaq:KOOL), a market leader in automated cell processing and point-of-care, autologous cell-based therapies, announced that it has entered into definitive purchase agreements with certain institutional investors to sell in a registered direct offering 609,636 shares of its common stock at a purchase price…
“Index points to a pickup in economic growth in February .” This is the headline for this morning’s release of the Chicago Fed’s National Activity Index, and here is the opening paragraph from the report: Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) rose to +0.88 in February from +0.02 in January….
Despite the interviews and the full-page ads, Zuckerberg and his pals are losing once again as investors continue to aggressively unfriend the social network… Despite a yuuge rebound in the Nasdaq today, Facebook is tumbling almost 3%… To its lowest since July 2017…
Morgan Stanley analyst Keith Weiss said Microsoft’s (MSFT) Public Cloud offering is differentiated from those of cloud giants Amazon (AMZN) and Google (GOOGL) as it spans from core Infrastructure Services to Platform-as-a-Service capabilities and up the stack to the application layer. This combination of Public Cloud assets paired with Microsoft’s large existing customer base, developer…
I last wrote about SMART Global Holdings (SGH – Free Report) in early January after they delivered another earnings “trifecta” of sales and profit beats and raised guidance. In that report, I compared the small-cap to its giant peer in the computer and mobile DRAM and NAND flash memory industry, Micron (MU – Free Report). I’ll make some fresh comparisons later in today’s…
In this past weekend’s newsletter, I discussed the potential for an end to the current bull market cycle. It was not surprising that even before the “digital ink was dry,” I received emails and comments questioning the premise. It is certainly not surprising that after one of the longest cyclical bull markets in history that individuals are ebullient…
