US Weekly Jobless Claims Drop to 49-yr Lows The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in 49 yrs and pointing to robust labor market conditions. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 204,000 for the week ended 8 September, the lowest […]
Hurricane Florence Will Distort Economic Data, Expect Little Harm $HD, $LOW The coming economic impact of Hurricane Florence is unlikely to be large but will likely muddle US data for months, judging from past experience. Last year, Hurricanes Harvey and Irma constrained activity in Q-3 of Y 2017 and sparked rebuilding later in the year […]
Hurricane Florence Pounds Some Financial Markets $KBWP, $All, $TRV, $IAK, $HD, $LOW, $GNRC The path of Hurricane Florence’s potential destruction runs right through markets from stocks to mortgage-backed securities. The Category 4 storm, which is forcing more than 1-M people to flee to safety and could wreak as much as $27-B in damages in the […]
Hurricane Florence Seen Causing $27-B in Damages $HD, $LOW urricane Florence’s top winds hit 130 miles (209 kilometers) per hour to become a Category 4 storm, one step below the most severe level, as it pushed toward the U.S. East Coast, where mandatory evacuation orders went into effect. Parts of North Carolina’s Outer Banks were […]
The Street’s Key Stock Analysts Research Reports $ACD, $AGN, $ADI, $ARCC, $HALO, $ITCI, $LZB, $LOW Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new tradingand investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of the Street’s Key analysts outlook for main issues for Friday, as […]
Morning Briefing: Special Report on Strong US Retail $WMT, $COST, $AMZN, $LOW, $URBN, $DG, $HD, $DLTR, $JWN On the world markets: World stocks rose Friday as news of plans for US-China trade talks stoked positive sentiment over their tariff dust up, DJIA finished comfortably above Key resistance at 25,500 expect a pause to refresh and the […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, the big cap indexes are set up well. The small and mid-caps are near the old highs and testing. Earnings are set up, ready to drive market North. The Big Q: Will the EPS provide the catalyst? The Big A: Yes, accompanied with good […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The big cap indexes are set up well. The small and mid-caps are near the old highs and testing. Earnings are set up, ready to drive market North. The Big Q: Will the EPS provide the catalyst? The Big A: Yes, accompanied with good guidance […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX This week it is President Trump and President Putin’s Summit in Helsinki Finland, but there is a lot to move markets during this week. President Donald Trump meets Russian President Vladimir Putin in Helsinki Monday, and that is the main event this week. But earnings […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action as President Trump bears down hard on trade issues, focuses on SCOTUS pick, teeing up NATO demands and the Putin Summit. The market will tell us now if the Key moves Thursday and Friday on moderate volume will hold […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action as President Trump continues coming down hard on trade issues, and NATO next. Over the past few weeks we have a lot of pundit chatter about a market top, and stocks sold into the test during that frame. Notably, new […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action President Trump coming down hard in trade issues, the The Congress’ continuing dust up with the DOJ and FBI. S&P 500, DJIA posted oversold bounces as growth was favored for a 2nd session running Some new areas are attracting money […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action in light of the recent NKorean peace summit, no US-China trade war, and President Trump the The Congress’ harangue with the DOJ and FBI. US, China trade tariffs; market held up well. Economic data good not great, better coming […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market action in light of NKorea peace talks, no US-China trade war, and the keep’em guessing shambles President Trump left the Canadian G7 Summit in. Thursday was a bit dicey in the US for the NAS Comp, but it recovered […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market indexes in light of looming Korea peace no US-China trade war and the current NFPs. Note: Former US President Barack Hussein Obama, though he likes to take credit, did not set the economy up for this super recovery, what […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Looking at the major US stock market indexes in light of looming Korea peace and no US-China trade war. Overall, last week saw the major US stock market indices holding their ranges, trying but not breaking out, RUTX will try harder this week. There are solid […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ Looking at the major US stock market indexes in light of no US-China trade war. The Major Market Futures as of this writing S&P 500 SPC1 Jun 18 $2,728.80 +15.80 +0.58% NAS 100 Future NQC1 Jun 18 $6,923.75 +49.75 +0.72% Last Friday, the major US stock market indices were […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Looking at the major US stock market indexes technically The major US stock market indexes made good on Key reversals last week, moving through the near near term resistance. The pause to refresh Friday was on the cards, and a couple of days rest works to […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Looking at the major US stock market indexes technically Last week we saw break North off of support in the patterns or at the trend-lines. Volume just OK, good breadth on the move. Let’s see if they can hold the moves. DJIA marked a doji Thursday […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This market cannot make much of strong earnings report. The NAS Comp gaped up over 115 points, gave it back. Fairly goo Bullish stock index patterns remain but upside is used to sell aka distribution. Good patterns in lots of stocks and sectors are failing to provide […]
Work for Yourself Online, Travel the World Some of the World’s best places to ‘Work’ remotely (get started), as follows: In Asia: Chaing Mai, Thailand When you talk to online workers about their best remote work destinations, you’re bound to find someone who spent time in Chaing Mai. While it is not quite as well known […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings season is in full swing now, and ramps up with FAANG’s GOOG (23 April atm), AMZN (26 April atm). Many others are scheduled to report too, The Bulls are looking for these leadership stocks to trigger a new leg North. There are lots of […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings season begins in earnest last Friday and is in full swing now. And, President Trump did not telegraph his move on the surgical attack on Syria, so the market was not effected. Later, after the strike was finished, the Pentagon said it hit all […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings season begins in earnest this week. The bar is set high, and participants are hoping they do not disappoint, and since stocks have come off about 8% in value ahead of earnings there is a clear path o higher prices if earnings are solid […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Last Thursday, the Month/Quarter ended higher ahead of a 4 day Holiday Weekend, so the Big Q is does new money enter and help extend Thursday’s move, and do gains hold. And let’s not forget the volatility, will it calm. Remember, a market rally has to […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Global stock market look soft this week. Between the media trade banter, Month/Quarter end re-balancing and the Easter holiday-shortened week things can happen, even nothing much, as many Wall Street traders are on Spring vacation. Expect quiet on the G-10, and data fronts given the […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Another big economic data week ahead. The FOMC meets Tuesday and Wednesday, and is expected to raise rates 25 bpts at the meeting. The other big econo news will be Existing Home Sales, Leading Economic Indicators, Durable Goods Orders, and New Home Sales. And in […]
Goldie Sees Bitcoin Falling Below February Lows $BTCUSD Bitcoin, the world’s largest cryptocurrency by market capitalization, continues its volatile run as it again falls below its $10,000 price 1st reached at the end of Y 2017. Despite its more than 50% loss since highs reached in mid December, the digital coin is still up about 650% over the […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The leadership is leading the big moves on the indices with some to new highs, others attacking the near term resistance on the way to highs. Explore the laggards with good patterns, they are getting the time they need to complete patterns and join the […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This is a Big data week, beginning with ISM Services Monday followed by US jobs data Wednesday, Thursday, and Friday. Last Friday bounce was on some Short covering and strong buy orders, it may continue the move up to start this week. The market sold […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX I hit my marks again last week on the clear break North. Friday’s light volume action may be countered or at test Monday, that is not a bad thing. There is an old trader’s adage: Buy Monday, sell on Friday has truth to it. Often […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The US stock market was closed Monday for Washington’s Birthday, aka President’s Day The rest of the world sans China was open, we will know early how they fared and what to look for at the Bell in the US. On the Fibo retrace North […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $K, $LOW, $KORS, $NOK, $NOC Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Wednesday, […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $CVS, $XOM, $LOW, $UAA Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts upgrades, downgrades […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $FCAU, $LOW, $PAA, $ULTA, $VNTR Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets Top analysts upgrades, downgrades and initiations for Tuesday, as follows: Fiat […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $CMG. $DKS, $HPQ, $LOW, $TEVA Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets Top analysts upgrades, downgrades and initiations for Friday, as follows: Chipotle […]
Federal Regulations at All-Time Low Under President Trump President Donald Trump has kept to his campaign promise to clear federal regulations, bringing them down to a record low, according to a new study. “The results are substantial,” reads the report. “New regulatory burdens are a fraction of those established under President Obama’s 1st 6 months; […]
Indonesia’s rupiah dropped to a 17-year low against the dollar on Thursday, pressured by slowing economic growth and high inflation in Southeast Asia’s largest economy. The rupiah fell 0.4 percent to 13,271 against the dollar, the weakest level since August 1998 when Indonesia was in the depths of a financial crisis that led to the […]
The Hong Kong dollar commemorated the 20th anniversary of the territory’s return to China with… a new low, breaking through HK$7.81 against the dollar for the first time in 18 months. Hong Kong’s currency has been weakening steadily this year since in spite of its strong dollar peg, local interest rates have failed to follow […]
The formal start of Brexit negotiations on Monday may prove more of a catalyst for the pound than an inconclusive general election, a surprise hawkish shift by Bank of England officials and a spate of disappointing economic data. Despite the raft of surprises to hit sterling this month, it’s set to record its tightest monthly […]
Electronic Devices’ Low Energy Radiation Hurts Vision Data suggest that some of our modern devices contribute to the problem of poor vision. This includes low energy radiation from the TV, laptops, and cell phones, and from the fluorescent lights that we use daily. The effect of the low energy radiation on the aging population is […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Early Briefing: Overall some correction can/will/should/may come into global equities after the strength seen last week. See some sideways action coming in the early sessions this week before more Northside momentum takes hold. Last week we saw the break North, so now we could see a […]
LTN’s Feature Stock of the Day: Statoil ASA (NYSE:STO) $STO Statoil ASA, (NYSE: STO) has a market cap of 60,190.19-B. It is in the Major Integrated Oil & Gas and sector Basic Materials. STO’s home country is Norway, and was 1st put on the stock market with an IPO date, 18 June 2001. Symbol Last […]
Lowe’s Companies, Inc.(NYSE:LOW) Trending Neutral Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 74.72. The projected lower bound is: 69.11. The projected closing price is: 71.92. Candlesticks A big white candle […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $LOW, $NTAP, $ONDK, $PXD Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets top analysts upgrades, downgrades and initiations […]
The Week Ahead on Wall Street $HD, $CSCO, $WMT, $LOW, $TGT Earnings season winds down, just 20 members of the S&P 500 report to Wall Street this week. Included are DJIA members Home Depot (NYSE:HD) Tuesday, Cisco Systems (NASDAQ:CSCO) Wednesday and Wal-Mart Stores (NYSE:WMT) Thursday. Some other retailers will also report to Wall Street, including: […]