Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 85 = 18,203 SPX – 9 = 2107 NAS – 28 = 4979 10 YR YLD + .04 = 2.12% OIL + 1.00 = 50.59 GOLD – 2.40 = 1204.50 SILV – .13 = 16.33 Just a few economic…
One of the recent trends I have seen in the market is some of the industrial and construction plays that have plunged with the price of crude oil are posting much better than expected results. These stocks are now staging impressive rallies that are only just beginning. Given how severely and unfairly these shares were…
For those who bought the breakout to 5,000 in the Nasdaq… We are sad to report that The Nasdaq Composite was unable to trade back above 5,000 today… An early dip into the red for the week was rescued, then another dip after Europe closed took all but The Dow into the red for the…
(Photo Credit: dadahappy99) Before tomorrow’s opening bell, Abercrombie & Fitch (ANF) will report results for the fourth quarter. The Estimize community is calling for EPS of $1.16, two cents higher than the Wall Street consensus, suggesting a YoY decline of 13%. Revenues estimates of $1.17B are in-line with Wall Street, expected to fall 10% from the year-ago quarter. …
Click on picture to enlarge Government Bond ETF TLT and Corporate Bond ETF LQD have done really well since the 2014 lows. Both are attempting to break short-term support with momentum lofty and curling lower. Trend change at hand or near? Bond and Utility (XLU) 10% decline in the past 4 weeks an interest rate signal?
Over the weekend I read through Warren Buffett’s Annual Letter to shareholders, an item every investor should read. While it was extremely insightful, there was a bit in it that pertained to the topic I wanted to share with you today. Warren Buffett has zeroed in on a little niche in the market that he believes has…
The S&P 500 opened lower and is off 10 points to 2107.5 late-Tuesday, but the decline has been orderly and lacking much conviction. With no economic data to guide trading, the Treasury complex finished lower and the yield on the benchmark ten-year is now 2.12%. Trading was quiet across much of the commodities market. While…
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The era of rare earth elements export quotas and tariffs in China will soon be over and that could ultimately mean a new era of higher prices for REEs inside China, says Gareth…
Because you’re an ag! OK, that was dumb. Let’s proceed….. The agricultural ETF shown below has been trying to bang out a bottom for ages. It has been in a grinding, multi-year downtrend as defined by the channel I’ve drawn, so if you’re looking for a low risk long position, you might want to consider…
There is a writer we’ll call Don Quixote who is tilting at something that no longer really exists… the evil gold promoters that used to be taken seriously by innocents to the tune of near total destruction of their portfolios. Don once went on about the gold cult and I even highlighted his post because…
