Although the media reports that they spend much of their free time killing things, two-thirds of millennials appear to be unable to fully capitalize on their natural killer instincts enough to take on the risks of investing in the stock market to increase their wealth outside of having a job. Whether that’s because their parents failed to teach…
For today’s daily update, we’re gonna use a bit of surfing slang where appropriate. Feel free to play along, with your legend at this link brah. Today’s Highlights Inside Outside Dinged but not Licked (Gold) EOS Registration Traditional Market Looks like Kim Jong Un pulled a 180 yesterday as he announced that North Korea is pulling out of talks…
It may sound like a contradiction, but the best way to get where you want to go in the trade – meaning profit – is to stop focusing on it. In other words, the outcome of P/L is not important. The element that is critically important is your process; that is, the flawless execution and…
Overnight Markets and News Jun E-mini S&Ps (ESM18 +0.07%) this morning are up +0.07% as T-note yields stabilize. Concern the Fed would speed up the pace of its interest rate increases sent stocks prices reeling Tuesday and pushed the 10-year T-note yield up to a 6-3/4 year high of 3.09%. European stocks are down -0.13%…
The benchmark 10-year Treasury yield edged up to 3.08% on Tuesday (May 15), marking a new seven-year high, based on daily data published by Treasury.gov. The implied inflation forecast via Treasuries continued to advance as well, signaling that the market is pricing in firmer pricing pressure in the months ahead. Notably, the yield spread between…
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week the portfolio I’m building (my Safari To Sweet Success…
After opening the day in the red share markets in India witnessed choppy trading activity and ended the day well below the dotted line. Sectoral indices too ended the day mixed, with stocks in the realty sector and stocks in the FMCG sector leading the gains, while stocks in the oil and gas sector lost the most. At the closing bell, the BSE Sensex stood…
The US dollar is mixed today after the Dollar Index rose to new 2018 highs yesterday. It is being driven by rising US rates, which also punishes short dollar positions. The US 10-year yield rose seven basis points yesterday to nearly 3.10%. It is consolidating near 3.06% now. Many see the yield rising toward 3.20%,…
AT40 = 59.7% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 49.1% of stocks are trading above their respective 200DMAsVIX = 14.6Short-term Trading Call: neutral Commentary Here we are again…again. In the last Above the 40 I observed “the stock market looks like it is breaking free, but there are major caveats which keep me wary…
Elon Musk made news with an almost $10 million purchase of Tesla (TSLA) stock last week. But he wasn’t the only insider buying shares.So with tons of shorts, today’s bearish note by Morgan Stanley,insiders are probably making a big mistake here, right? I don’t think so. Tesla Insider Buys While Bears Build Tesla bears are stacking up while…
