$XAU $GLD $USD Gold is an asset that will never produce anything, but that does not mean it will never produce a profit for investors. Gold prices moved lower Thursday and consolidated in a tight range as USD initially moved higher. This happened despite slightly better than expected EU PMI Flash numbers. The Jackson Hole […]
$RACE Ferrari (NYSE:RACE) gaped open higher and held the 4.06% gainer Tuesday, as the broad market got hammered, with all of the major US stock indexes down more than 1% on the day, and all 11 S&P 500 sectors finishing in the Red. The stock rose after the iconic Italian luxury Supercar maker beat earnings […]
$RACE Ferrari (NYSE:RACE) will report earnings Tuesday and the stock is very oversold in here. Shares finished Monday at:132.33-1.81 (-1.35%) in New York. After hitting resistance in mid-April, Ferrari lost the 20-Day MA support which turned to resistance. Monday, the stock gaped below the 50-Day MA, and failed to close above it, as buyers bought […]
YBCC, Inc. (OTC:YBAO) Outlook Overall, the bias in prices is: Sideways. The projected upper bound is: 0.95. The projected lower bound is: 0.76. The projected closing price is: 0.85. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 4 white candles and 6 black […]
HEFFX Hong Kong Week Ahead Shayne Heffernan, founder and CEO of HEFFX, is looking to short a rally in Hong Kong on Monday morning. HANG SENG INDEX closed down -36.221 at 21,964.270. Volume was 31% below average (neutral) and Bollinger Bands were 42% wider than normal. Open High […]
