China’s Trade Grows in June Despite Dust-up with US $ZTCOF ZTE Corp (OTCMKT:ZTCOF), China’s 2nd-largest telecommunications equipment maker to resume business. China’s trade grew by 2X digits in June despite mounting tensions with the US but the government warned it will face “rising instabilities and uncertainties.” Customs data Friday showed exports rose 11.3% over a […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY, $AUD Commentary: .DXY strengthened, EUR weakened . PE The US Dollar (.DXY) Index at 95.02 strengthened against most peers Tuesday marking a high 95.30. It could now move to 95.5-95.6 on the 3-Day lines, a break there targets 96 in here EUR (Euro) at 1.1584 fell Tuesday dipping below major support at 1.156 to see a low […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY, $AUD Commentary: Nothing new. PE The US Dollar (.DXY) Index at 94.596 see a dip to 94.5-94.4, followed by a rise to 94.6-94.7. This week see a move to 94.3-94.2, while it stays below resistance at 95.5. EUR (Euro) at 1.1634 moving to 1.165 and could test at 1.167 Tuesday before dipping to 1.162. Note: Last week […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing new. PE The US Dollar (.DXY) Index at 94.89 see a down-move in .DXY to 94.3-94.2, while it stays below resistance at 95. EUR (Euro) at 1.1585, support at 1.155 is holding in here. The single currency could test at 1.165 this week, while it trades above 1.155. USD/JPY at 110.44 tested at 110.9 […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: ECB’s policy stance turned out to be a mix of Hawkishness and Dovishness. PE Related Story: Euro: Europe is a Failed State EUR (Euro) at 1.1564, the single currency saw its biggest intra-day fall since Dec ’16, as it fell from 1.185 to 1.156. Note: On the charts, it is testing important support on […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE US Dollar (.DXY) Index 93.87 trades around the 93.4-93.8 during the last 3 sessions. Note: Tuesday, the US CPI met expectations did not have a Bearish impact on USD. The FOMC meet Wednesday will be important, as any sign of Dovishness could push .DXY down to 92.8-93.0. EUR (Euro) at […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE US Dollar (.DXY) Index at 93.73 rose Monday and has seen 93.89 Tuesday, and now could move lower, targeting 93.0-92.8 this week. EUR (Euro) at 1.1766 has seen lows near 1.174 Tuesday, now looks like it could rise to 1.1875-1.1900 in this week, 1.19 is major resistance. USD/JPY at 110.24 turned Bullish, […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE The US Dollar (.DXY) Index at 93.43 could move South to 93. Support at 92.8-92.6 could be important, a clear break below that is the 1st sign of a Bearish .DXY ahead. EUR (Euro) at 1.1797 is likely to see a to 1.1875 in here, 1.19 could be important resistance, a clear […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE The US Dollar (.DXY) Index at 93.47 tested to 93.21 Thursday. It may bounce to 93.6-93.7 Friday and fade, 92.8 is an important mark. A clear break below 92.8 is the 1st indication of Bearishness for .DXY medium term. EUR (Euro) at 1.18 will head to 1.177-1.178 Friday, 1.19 is an important […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE The US Dollar (.DXY) Index at 93.51 broke below support 93.68, it may bounce from 93.3, or fall to 92.8. A clear break below 92.8 has .DXY Bearish medium term. EUR (Euro) at 1.1792 broke resistance at 1.175 and tested 1.18. A clear break of 1.181 take it to 1.19. A break there […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE US Dollar (.DXY) Index at 93.84 broke below support, next support at 93.65. A break below 93.65 turns .DXY Bearish to 93.3-92.8. A clear break of 92.8 would be Very Bearish medium term. EUR (Euro) at 1.1723 a break above 1.175 then sees 1.181. If 1.181 breaks, see signs of Bullishness medium […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE The US Dollar (.DXY) Index at 94.08 saw a low of 93.66 Monday. It has been trading below 94.25 for the last 3 sessions, but could move to 95. EUR (Euro) at 1.1689 tested near 1.176. It might dip to 1.163 in here. USD/JPY at 109.88 broken resistance at 109.6 and has […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE The US Dollar (.DXY) at 94.027 tested to 93.7-93.8 Friday, and may see 93.8-94.0 Monday or Tuesday. If not a rise to 95 later this week is possible. EUR (Euro) at 1.1687 may fail to test at 1.178 and fall to 1.155 this week. USD/JPY at 109.62 seeing resistance at 109.6-109.7-110. There […]
Tesla’s (NASDAQ:TSLA) Bulls Retreat $TSLA Tesla’s (NASDAQ:TSLA) Bullish sentiment has sharply shifted on the stock, and Wall Street is not likely to buy into any more pf CEO Elon Musk’s hype until August’s Quarterly earnings gives them a reason to, it they do. This means that it is time to look at a short-term Bearish […]
Forex Morning Briefing $DXY, $EUR, $GBP, $JPY Commentary: Nothing New. PE The US Dollar (.DXY) Index at 94.031 tested to 93.8 Thursday and test to 93.50 soon. If it breaks 93.5, .DXY may turn Bearish medium term. But, while trading above 93.5, it could test to 95. On the 3 day lines, 96 is seen as Key resistance, the maximum upside […]
A Technical Look at Bitcoin’s Action in Here $BTCUSD Bitcoin Key support mark is now at $6,900, having failed to capitalize on signs of weakening Bearish momentum Monday. The cryptocurrency’s candlestick chart posted a Doji Sunday, signaling short-term Bearish exhaustion. But, a corrective rally ran into resistance at $7,400 and closed at $7,143, the lowest daily […]
Tesla (NASDAQ:TSLA) Sued for “Pump & Dump” Securities Fraud $TSLA Tesla (NASDAQ:TSLA) has petitioned a federal court in San Francisco to dismiss a securities fraud lawsuit filed by shareholders, which accuses the automaker of lying about its ability to mass produce the Model 3 sedan. The lawsuit, filed in October, alleges that Tesla released false […]
Tesla (NASDAQ:TSLA):What is Musk Up to Now? $TSLA The United Auto Workers union (UAW) has filed a complaint accusing Tesla (NASDAQ:TSLA) CEO Elon Musk of illegally threatening to take away benefits from workers who join the union. The UAW is seeking to represent workers at Tesla’s facility in Fremont, California filed the complaint with the […]
Tesla’s (NASDAQ:TSLA) M-3 EV ‘Busted’ By Consumer Reports $TSLA Model 3m a thrill to drive, it had “big flaws.”– Consumer Reports Monday, Consumer Reports did not recommend Tesla’s (NASDAQ:TSLA) Model 3 sedan, criticizing the car for its braking and taking the shine off a day of gains for shares in Elon Musk’s fledgling EV venture. […]
Tesla’s (NASDAQ:TSLA) Elon Musk Under Fire, Investors Revolt $TSLA Last Friday, proxy adviser Institutional Shareholder Services (ISS) recommended that investors vote against Tesla (NASDAQ:TSLA) directors Antonio Gracias and James Murdoch, increasing pressure on the EV maker over their roles on its board. ISS also backed 2 shareholder proposals to be voted on at the company’s […]
Tesla (NASDAQ:TSLA) Will Fail, All ‘Rentier’ Businesses Fail $TSLA Jim Chanos bets that Tesla. Inc. (NASDAQ:TSLA) Elon Musk’s struggling EV company will fail. Mr. Chanos has identified, and sold short many of the best-known corporate disasters of the past few decades. He say in an interview Wednesday, that the underlying philosophy of his investment strategy […]
Tesla’s (NASDAQ:TSLA) Senior Management Team Ankling $TSLA, $GOOG Tesla (NASDAQ:TSLA) CEO Elon Musk declared he is “flattening the management structure to improve communication, combining functions where sensible and trimming activities that are not vital to the success of our mission” as part of a sweeping reorganization of his flagging EV manufacturing company. The revelation came […]
Tesla (NASDAQ:TSLA) Market Sours on ‘Darling’ EV Maker $TSLA Tesla Inc’s (NASDAQ:TSLA) Elon Musk’s refusal to answer “boring” Wall Street analysts questions about the EV maker’s financial condition sent shares down as much as 7% Thursday and triggered concerns about its ability to raise money in the future. Tesla’s bonds followed the shares lower and, […]
Crypto’s Latest, Heinz’s (NYSE:KHC) Bacon Coin $KHC, $BRK.A Oscar Mayer, the famous bacon brand has created a new cryptocurrency called bacoin. The company made the announcement on 30 April, introducing the new coin. Warren Buffett has said cryptocurrencies such as Bitcoin will come to a “bad ending.” He probably was not referring to Bacoin. Kraft Heinz […]
Tesla’s (NASDAQ:TSLA) CEO, Elon Musk to Employees… $TSLA For openers “First, congratulations are in order! We have now completed our 3rd full week of producing over 2000 Model 3 vehicles…. This is more than double Tesla’s weekly production rate last year and an amazing feat in the face of many challenges! It is extremely rare […]
Investigation of Tesla (NASDAQ:TSLA) Deepens $TSLA Just days before Tesla (NASDAQ:TSLA) defended its safety record this week, California began inspecting an incident involving a subcontractor who was hospitalized after a piece of factory equipment broke his jaw. California’s Division of Occupational Safety and Health (Cal/OSHA)was notified last week of a serious injury sustained by a […]
President Trump’s Tax Cuts Seen Halting a 3-Month Retail Sales Slump $SPY For sure President Trump’s tax cuts have given a boost to Americans’ take-home pay this year. The Big Q: Will the US consumer putting the extra cash toward savings and debt, or using it to go shopping? The Big A: We here a […]
Production ‘Hell’ Continues at Tesla (NASDAQ:TSLA) $TSLA, $F Tesla Inc.’s (NASDAQ:TSLA) Model 3 production ‘Hell’ delays are now being dubbed a “time shift,” by its CEO, Elon Musk. “You’ll definitely get your car,” Mr. Musk, 46 anni, said in a TV interview Thursday. “It’s a 6-9 month time shift. That’s literally it, and three of […]
The ‘Trade War’ is Over Before it Started $DIA, $SPY, $QQQ, $VXX The Trump Trade policies look to me like they are working, so… If the trade war is over before it even began, then the US stock market should be set up for another a sigh of relief and a new rally that will […]
Congress Grilling Facebook CEO Zuckerber $FB After privately assuring senators that his company will do better, Facebook (NASDAQ:FB) CEO Mark Zuckerberg is undergoing a 2-day public congressional ‘inquisition’ and possibly pivotal for the massive social networking company he created. Mr. Zuckerberg visited with senators in closed-door meetings Monday, previewing the public apology he planned to […]
Investors Rotating Leadership form QE ‘Winners’ to QE ‘Losers’ $DIA, $SPY, $QQQ, $VXX Analysts are expecting investors will shift their holdings as the realization sinks in that the Fed is committed to raising interest rates until a major event compels the central bank to reverse course. That means investments that had strong gains during a […]
Ferrari’s (NYSE:RACE) Challenges This Current Year $RACE Ferrari (NYSE:RACE) has outperformed the S&P 500 since its October 2015 IPO Wednesday, Evercore ISI analyst George Galliers pointed to 6 challenges for the iconic Italian Supercar company this 2018. “2018 will be a challenging year for Ferrari, in our view, the most testing since the company’s IPO,” […]
Ferrari (NYSE:RACE) Won all 3 PWC SprintX Classes in Round 2 at COTA $RACE At the weekend Ferrari (NYSE:RACE) swept all 3 Pirelli World Challenge GT SprintX classes at the Circuit of The Americas (COTA) in the Grand Prix of Texas, led by Toni Vilander and Miguel Molina co-driving the No. 61 R. Ferri Motorsport Ferrari 488 GT3 for the 2nd-round […]
Tesla(NASDAQ:TSLA) Does Not Know How to Make Cars $TSLA, $GM, $TM, $VLKAY, $RACE Tesla (NASDAQ:TSLA) weekly spins the market an amazing string of hyperbole from the smirking mouth and rolled up eyes of CEO Elon Musk, from ankling C-suite executives and disgruntled factory workers. And that friends is great for Tesla’s legion of scalping day traders in […]
Gem Diamonds Ltd (OTCMKT:GMDMF) Sold the Lesotho Legend for $40-M $GMDMF Last Tuesday, the 910-carat Diamond, dubbed the Lesotho Legend was sold in a tender in Antwerp, Gem Diamonds Ltd. said in a press release Gem Diamonds (OTCMKT:GMDMF) found the huge gem stone at its Letseng mine early this year. To date it is the […]
President Trump, “US Technology is Not for Sale” $QCOM, $AVGO With President Trumps rejection of Broadcom Ltd.’s(NASDAQ:AVCO) hostile takeover of Qualcomm Inc., (NASDAQ:QCOM) he sent a clear signal to overseas investors: Any deal that could give China an edge in Key technology will be rejected in the name of national security. Broadcom is based in […]
Bitcoin Technical’s: Bear Flag Forming $BTCUSD Bitcoin failed to hold above $17,000 at the weekend, opened weak Monday. Bitcoin is currently trading at: 15,238.9346, -689.03, -4.33%, as of 3:57a GMT, the market open. According to HeffX–LTN’s data source, Bitcoin (BTC) has depreciated by 8.85% in the last 24 hours, as fears of China’s crackdown on cryptographer trading […]
Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets The Data Show That Nearly 50% of ICO Investors are Europeans $BTCUSD $CME, $CBOE Nearly 50% of the cash that has poured into newly issued ICOs (cryptocurrencies) in recent years has been raised in Europe, research published Thursday showed. The report by Atomico, one of Europe’s […]
Tesla (NASDAQ:TSLA) Short Sellers Press Their Bets $TSLA Noted Short-seller Jim Chanos of Kynikos Associates continued to add to his Short position in electric car maker Tesla Inc. (NASDAQ:TSLA) throughout the year even as the company’s shares rallied, he said at the Reuters Global Investment 2018 Outlook Summit Tuesday. Mr. Chanos, who 1st disclosed his […]
Tesla (NASDAQ:TSLA) the “BB” of EV’s $TSLA Note: Building Cars is Hard It wasn’t that long ago that the idea of a semi-autonomous, or even an electric car driving on public roads was incredibly far-fetched. Sure, there were hybrids from companies like Toyota and Honda, but nothing that anyone with a straight face would call […]
Tesla (NYSE:TSLA) Racial Bias Lawsuits ‘Tearing Down Tesla’ $TSLA Tesla Motors (NASDAQ:TSLA) is being accused of allowing its California production plant to become a “hotbed for racist behavior.” A racial discrimination lawsuit, filed Monday in California Superior Court in Oakland, said Black employees were addressed by racial slurs and company management ignored their complaints. The […]
Tesla’s (NASDAQ:TSLA) Serious Build Quality Exposed $TSLA There are lots of reason why I do not like Tesla, the company and its founder, hypemeister Elon Musk, but a lot of people applaud Musk and the EV he is attempting to build with major US taxpayer subsidies in a world of cheap gasoline. Notably, the company spearheaded […]
Tesla’s (NASDAQ:TLSA) Driving Deeper into “Production Hell” $RACE Battery Engineering Falling Apart Tesla Inc.’s (NASDAQ:TSLA) Director of Battery Engineering, Jon Wagner has left the EV manufacturer driving the rentier business deeper into ‘Production Hell”. According to Mr. Wagner’s LinkedIn page, he is launching a battery and powertrain startup of his own in California. The timeline […]
Tesla’s (NASDAQ:TSLA) Elon Musk Camping Out in “Production Hell” $TSLA Each time Tesla’s (NASDAQ:TSLA) Elon Musk opens his mouth or sends a shareholder letter it proves that he is a hypmeister for his failing rentier companies. Last Wednesday, when Mr. Musk took questions from Wall Street analysts during Tesla’s grim Q-3 financial results conference call […]
Tesla’s (NASDAQ:TSLA) M-3 Delayed, Cash Burns, Biggest Q Loss Ever $TSLA Tesla, a Waterfall of Misses TSLA shares down nearly 6% and falling pre-market in NY, as the Quarterly loss was bigger than any analyst expected. Tesla (NASDAQ:TSLA) posted a net loss of $619.4-M, or 3.70/share, for Q-3 ended 30 September compared with a profit […]
Tesla’s (NASDAQ:TSLA) Waterfall of Misses… $TSLA Production layoffs in Q-3, reports of hand assembly and Model 3 scaling concerns justified UBS’s Bearishness on Tesla Inc (NASDAQ:TSLA). Considering Tesla’s continuing announced production misses, compounded by a decrease in Zero-emission vehicle credits and lower Model S and X margins, UBS expects a Q-3 gross margins hit to cut sequential EPS […]
Once “Hot” Megyn Kelly Dampening Ratings at NBC for All $CMCSA Megyn Kelly’s “Today” show ratings are off to a really slow start, and insider reports say she is affecting NBC’s, a unit of Comcast ((NASDAQ:CMCSA) morning viewership and execs considering making changes to stop the bleeding. Ratings of Ms. Kelly’s 9:00a hour of “Today” […]
Tesla (NASDAQ:TSLA) Will Not Survive it $10.6-B ‘Cash Burn’ $TSLA A well-respected Wall Street analyst predicts that Tesla Inc. (NASDAQ:TSLA) shares will dive deep as it nears an unprecedented $10.6-B cash burn. In a note Wednesday, he told investors to avoid buying the stock due to Model 3 production risk, something both Shayne and I […]
Playing the VIX, a Fast Way to Loose Money $VXX, $SPY Warning: Betting against stock-market volatility is a recipe for investment disaster. Trading the benchmark S&P 500 (NYSEArca:SPY) Index and evaluating stocks on an individual basis, and not trying to outsmart the CBOE Volatility Index aka VIX, (NYSEARCA:VXX) a measure of expected stock volatility, aka […]
China’s Wanda Stock Crashes, Chairman Detained $AMC Wanda’s Hollywood future in question, Beijing exerts pressure Wanda said the claim was “false and malicious.” Chinese conglomerate Dalian Wanda Group denied rumors that its billionaire chairman Wang Jianlin was detained by authorities and forbidden to leave China. But the damage has been done at home and abroad […]
Tesla (NASDAQ:TSLA) Earnings Will Continue Negative $TSLA In Q-2 of Y 2017, analysts expect the negative trend in Tesla’s (NASDAQ:TSLA) earnings to continue. According to estimates, the company’s non-GAAP EPS for the Quarter will be -1.76, very much worse than TSLA’s reported EPS of -1.06 in the same frame in Y 2016. Tesla also released […]
The recovery of the Malaysian ringgit removes the need for Bank Negara Malaysia (BNM) to raise its Overnight Policy Rates (OPR). The recovery of the MYR has removed the need for BNM to hike rates in a bid to stem capital outflows. The halt of the ringgit slide against the US dollar in June marks the […]
“The Big Print Giveth and The Small Print Taketh Away” $DIA, $SPY, $QQQ, $VXX Monday, the US Consumer Financial Protection Bureau (CFPB) released a rule that would bar credit card companies, banks and other firms from requiring that customers agree to settle any disputes away from the courts and in arbitration as a condition of […]
Stocks Near Record Highs, Gold at 7 Week Lows, USD Bounces $DIA, $SPY, $QQQ, $VXX, $GLD, $USD US stock and bond markets will be closed tomorrow for Independence Day. The major US stock market indexes ended the half-day Monday session mixed Gold fell to the lowest level in 1.5 months as gains in USD and […]
Industrials Led the Charge into the Close of Q-2 $DIA, $SPY, $QQQ, $VXX Friday, US stocks closed up driven by increases in the industrial and consumer discretionary sectors, while European shares reversed earlier gains and turned lower. Crude Oil continued to climb as concerns about an oversupply faded a bit and the US rig count […]
Rupert Murdoch, “Fox is getting record ratings” $FOX, $FOXA “Fox News is getting record ratings, and so I’m not worried at all,” Rupert Murdoch told a BBC reporter. Despite dealing with sexual harassment allegations and recent exits of big names at the network, Rupert Murdoch insists “nothing is happening at Fox News.” A BBC reporter […]
Crude Oil Markets Getting Hammered. WTI Target $29 bbl $USO, $OIL There is a Big Bet that prices are about to sink to their lowest marks in more than a year. About $7-M worth of options changed hands Friday that will pay off if WTI Crude Oil (NYSEArca:USO) falls beneath $39 bbl by mid-July, according to […]
VIX (NYSEArca:VXX) Marks 10 yr Lows $VXX, $AUDUSD, $JPY, $EUR, $GBP After returning from the long May Day weekend, equity investors look undecided on whether to be Bullish or Bearish. Stocks across Asian markets were mixed Tuesday despite the CBOE Volatility Index (VIX), Wall Street’s ‘Fear Factor’ hitting its lowest marks in a decade. The low volatility was reflected […]
The “Trump Trade” is Still in the Market $DIA, $SPY, $QQQ, $VXX It has been difficult for analysts to differentiate “Trump Rally Trades” from those stemming from reflation, and solid global economic indicators that suggest some basis for bond yields and stock values above the lows of Y 2016. The USD, sometimes a bellwether for […]
Starbucks’ (NASDAQ:SBUX) Brand Takes a Hit on CEO Refugee Comments $SBUX, $TWTR, $FB, $DNKN Starbucks Corp’s (NYSE:SBUX) vow to hire thousands of refugees after President Donald Trump’s 1st executive order that temporarily banned travel from 7 mostly-Muslim nations appears to be hurting customer sentiment of the coffee chain. President Trump’s supporters have used Twitter (NYSE:TWTR), […]
Crude Oil (USO, OIL) Breaks Key Support, Heading ‘Due South” $USO, $OIL Crude Oil’s clear break through Key support at 50 bbl has set the options market On Fire. A record number of options contracts, the equivalent to more than 800-M bbl of Crude Oil changed hands Thursday, according to the exchange data. The tally includes […]
Dalian Wanda’s Deal to Buy Dick Clark Productions “Falls Over” $AMC Eldridge Industries, the US owner of Dick Clark Productions Inc., said Friday that one of its affiliates terminated an agreement to sell off the TV production company to Chinese conglomerate Dalian Wanda Group. Eldridge, which also owns magazines such as the Billboard and The […]
AAII Sentiment Survey, 25 January 2017 $DIA, $SPY, $QQQ The percentage of individual investors describing their short-term market outlook as “Neutral” is at its highest level since the election. The survey period runs Thursday through Wednesday, and many of this week’s votes were recorded before the DJIA rose above 20,000 last Tuesday. This week’s AAII […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Early Briefing, World Stock Markets The Inauguration of Donald Trump as the US President kept the DJIA at 19827.25, 0.48% in the Green but the range of 19700-18000 remained intact. Similarly, DAX at 11630.13, +0.29% stayed in its 5-week range of 11400-700 for another session. […]
AAII Sentiment Survey, 18 January 2017 $DIA, $SPY, $QQQ Optimism fell to its lowest level since the Presidential Election, ending a streak of 9 straight weeks with Bullish sentiment above 40%. This week’s results: Bullish: 37.0%, – 6.6 pts Neutral: 30.3%, – 0.9 pts Bearish: 32.7%, – 5.7 pts Historical averages: Bullish: 38.5% Neutral: 31.0% […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The NAS Comp leads the Bull charge on Wall Street, the other 2 US major indices are and have been ranged for the past 6 or so weeks. Wall Street is watching the Inauguration this week as well as all of the issues that US […]
AAII Sentiment Survey, 12 January 2017 $DIA, $SPY, $QQQ The AAII Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the stock market short term, individuals are polled from the AAII Website on a weekly basis. Only 1 vote per member is accepted in each weekly voting period This […]
Trump Rally “Burns” George Soros for at Leaset $1-B $SPY George Soros lost nearly $1-B, as a result of the stock-market rally spurred by Donald Trump’s Presidential election victory. Mr. Soros became more Bearish immediately after Donald Trump’s election. But the stock market rallied on expectations that President Elect Trump’s policies will boost corporate earnings […]
US Stocks Finished Higher on Energy and Technology Gains $DIA, $SPY, $QQQ, $VXX US stocks ended higher Wednesday extending The Trump Rally, as energy and technology gains countered a drop in healthcare stocks after President Elect Donald Trump said pharmaceutical companies were “getting away with murder” by charging high prices. The NAS Comp ended the day […]
Mid-Caps Stocks Leading in the US Market Rally $DIA, $SPY, $QQQ, $VXX Stocks have risen sharply to record highs since Republican Donald Trump was elected president in November, and the best-performing equities have “floated up from the bottom of the barrel” according to some analysts and fund managers. Analysts not that over the past 3 […]
AAII Sentiment Survey, 4 January 2017 $DIA, $SPY, $QQQ The AAII Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the stock market short term, individuals are polled from the AAII Website on a weekly basis. Only 1 vote per member is accepted in each weekly voting period This […]
Investors Moving to “Larger” Holdings in Gold $GLS, $SLV Gold lost 15% of its value since last Summer as the USD gained on the outlook for higher interest rates and Republican Donald Trump won the presidency on a bro-business platform. While most investors love stocks over the precious Yellow metal, it may pay to be […]
AAII Sentiment Survey, 28 December 2016 $DIA, $SPY, $QQQ The AAII Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the stock market short term, individuals are polled from the AAII Website on a weekly basis. Only 1 vote per member is accepted in each weekly voting period This […]
AAII Sentiment Survey, 21 December 2016 $DIA, $SPY, $QQQ The AAII Sentiment Survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market short term; individuals are polled from the AAII Website on a weekly basis. Only 1 vote per member is accepted in each weekly voting period. Neutral […]
Milestone: DJIA 20,000 in Sight $DIA, $SPY, $QQQ, $VXX The 20,000 mark on the DJIA has transfixed the financial media since the index crossed 19,000 on 22 November, riding a wave of optimism about President Elect Donald Trump’s plans to boost the US economy. For sure, 20,000 is a number that is psychologically significant for […]
AAII Sentiment Survey, 14 December 2016 $DIA, $SPY, $QQQ The AAII Sentiment Survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market short term; individuals are polled from the AAII Website on a weekly basis. Only 1 vote per member is accepted in each weekly voting period. This […]
Stock Investor/Trader Glossary: Candlestick Candlesticks are used for charting price action by displaying the high, low, open and close prices for the time period specified. Depending if the candlestick closes higher or lower from the opening price, it will have a different color, usually either red or green (white) where Red marks a down candle […]
Chicago Agriculture Commodities Finished Higher Friday $SOYB, $CORN, $WEAT Chicago Board of Trade (CBOT) agriculture grains futures settle higher Friday with Soybean and Corn futures rising 1%, buoyed by technical buying and concerns over dry growing conditions in Argentina. The most active Corn contract for March delivery rose 6 cents, or 1.7%, to 3.595 bu. […]
AAII Sentiment Survey, 7 December 2016 $DIA, $SPY, $QQQ The AAII Sentiment Survey measures the percentage of individual investors who are bullish, bearish, and neutral on the stock market short term; individuals are polled from the AAII Website on a weekly basis. Only one vote per member is accepted in each weekly voting period. Optimism […]
Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: November was volatile in the major world stock markets, December could be the month for some recovery of the movements seen in November. After the sharp rally in Nikkei, Shanghai and DJIA, there could be some losses seen in […]
Gold Futures Saw 10-month Lows and Bounced $GLD Gold futures headed for the lowest closing in 10 months as investors ignored the political problems in Italy to boost stocks and other riskier assets. Monday, the S&P 500 advanced and Treasury yields rose after Italy’s vote against constitutional reform, which drove the nation’s PM to resign. […]
AAII Sentiment: Investor Optimism Pulls Back Following Post Election Spike $SPY Optimism pulled back in the latest AAII Sentiment Survey after having risen significantly over the previous 3 weeks. Both Neutral and Bearish sentiment rebounded this week, after having both fallen prior. Bullish Sentiment Expectations that stock prices will rise over the next 6 months, […]
OPEC Agrees to 1st Output Cut Since 2008 $OIL, $USO OPEC has agreed its 1st limit on oil output since Y 2008 with Saudi Arabia accepting “a big hit” on its production and agreeing to Iran freezing output at pre-sanctions levels. The Organization of the Petroleum Exporting Countries Wednesday agreed on a proposal by member […]
The AAII Sentiment Survey for the Frame Ended 23 November 2016 $DIA, $SPY, $QQQ, $VXX The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of the […]
Let’s Focus on the DJIA $DIA Since the beginning of this week, the US stock market has been compressing between 2 converging H-4 trendlines at 18971 and 18808 respectively, forming a possible Bullish Pennant formation. This technical pattern is considered by most of us to be a continuation setup. Therefore, should the DJIA close above […]
The AAII Sentiment Survey for the Frame Ended 16 November 2016 $DIA, $SPY, $QQQ, $VXX The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of the […]
The AAII Sentiment Survey for the Frame Ended 10 November 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of […]
Chicago Agriculture Commodities Finished Lower $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) grains futures finished lower Wednesday after the US Department of Agriculture(USDA) raised its domestic harvest estimates from already record-high levels. The most active Corn contract for December delivery fell 13.5 cents, or 3.81%, to 3.4075 bu. December Wheat delivery dropped 8.5 cents, […]
The AAII Sentiment Survey for the Frame Ended 2 November 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of […]
US Stocks on Losing Streak Ahead of Presidential Election $DIA, $SPY, $QQQ, $VXX US stocks fell for an 8th day running Thursday The US stock market is now on its longest losing streak since the depths of the Y 2008 financial crisis. The DJIA dropped 28.97 pts, or 0.2%, to 17,930.67. The Standard & Poor’s […]
The AAII Sentiment Survey for the Frame Ended 26 October 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of […]
The AAII Sentiment Survey for the Frame Ended 19 October 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of the […]
The AAII Sentiment Survey for the Frame Ended 12 October 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of the […]
The AAII Sentiment Survey for the Frame Ended 5 October 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of the […]
IMF Revises US Growth Down Again $DIA, $SPY, $QQQ, $VXX The International Monetary Fund (IMF) has downgraded its forecast for the US economy this year and warns that political discontent threatens growth globally. Ttuesday, the IMF cut its estimate for US economic growth in Y 2016 to 1.6% from the 2.2% it predicted in July. […]
The AAII Sentiment Survey for the Frame Ended 28 September 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of […]
The AAII Sentiment Survey for the Frame Ended 21 September 2016 $DIA, $SPY, $QQQ, $VXX, $OIL The AAII Investor Sentiment Survey measures the percentage of individual investors who are Bullish, Bearish, and Neutral on the US stock market for the next 6 months, The AAII Investor Sentiment Survey has become a widely followed measure of […]
Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Investors rejoiced as Fed stood pat and left the office policy interest rate unchanged. Stocks rose across the board with DJIA and S&P 500 indices adding +0.9% and +1.09% respectively. Precious metals also gained on USD weakness. The benchmark COMEX Gold […]
Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: US stocks saw choppy trade again Tuesday, and it is likely we will see some volatility after the BOJ and the FOMC policy announcements Wednesday. PE FLASH: From the BOJ minutes “Quantitative and Qualitative Monetary Easing with Yield Curve Control” […]
Ways to Invest in Gold, the Precious Yellow Metal $GLD, $UGLD, $GDX, $CEF, $PHYS When it comes to investing in Gold, there is more than one way to do it, and there is no best way to do it. You can buy Gold futures You can buy a Gold-linked ETF’s You can buy Gold Bars […]