Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: Over 20% of S&P 500 companies have reported, 72% have beat The Street estimates Market is concerned about the Fed overreacting, as it always does. China’s economy is in decline Halloween Market Week: Tricks & Treats The US stock market’s technical indicators suggest […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Earnings: 20% of S&P 500 companies have reported, 70% have beat The Street estimates The S&P 500, DJIA and NAS Comp held their 200-Day SMA’s Friday Market is concerned about the Fed overreacting, as it always does. China’s decline is feared, may decline further, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, earnings season starts in earnest For now traders are playing an oversold bounce. But, if this is a relief move, the later you enter, the worse risk/reward. So, be selective if you are adding more bounce plays. Also, look at some areas receiving […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Columbus Day in the USA, Banks are Closed, Market is Open The market’s focus this week: Earnings Yes, it is earnings reporting season again, this frame always commands a great deal of attention because earnings drive stock prices over the long term. To that end, […]
Bitcoin (BTC) Bears Testing the Monthly Trendline $BTCUSD Bitcoin Bears have been emboldened by repeated rejection from a Key moving average hurdle, but they may take a breather over the next 24 hrs as the price heads for another Key trendline of support. The world’s #1 cryptocurrency is lacking a strong bullish or bearish bias […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week: new money, earnings season, and the jobs report Friday. September was not a Southside month this year, solid but not huge. So many participants are expecting a selloff in October. It may happen, though it did not happen last year after a […]
Artificial Intelligence (AI) Test Detects Early Signs of Dementia New artificial intelligence test can detect the early signs of dementia, Japanese researchers revealed, and could help medical professionals diagnose and provide clinical treatment for their patients. Currently, the most common tool for picking up dementia-related diseases is medical imaging, but this method can only make […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The market’s focus this week FOMC meets on Tuesday and Wednesday to talk a rate hike and more trade issues with China, Canada, and the EU. The heavy pressure is on China now. Then there is The Trump Administration’s feelings toward social media and WH […]
What Has Happened to Our Drinking Water? There is a known secret that really needs attention in this country. California, Florida, Baltimore, Detroit, Flint are in the news with reports of their drinking water being tainted. Flint brought into focus with”Flint Lives Matter” T’s, alerting the nation, saying: “What about us, our water is really […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Again, lots more US economic data this week. We will see the Empire PMI Monday and the Philly Fed Thursday. Housing starts, Existing home sales, Leading indicators also this week. The the major US major stock market indexes continue to trend higher and in the face […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Lots more US economic data this week. Consumer credit, Small business sentiment, PPI, CPI, Fed Beige Book, retail sales, Production plus. The CPI is watched because of the FOMC and its rate hiking. Retail sales are watched as a barometer of the consumer, though inflation as we know […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX The US markets will be closed Monday in celebration of Labor Day. Last Friday’s Wall Street action ahead of an extended Labor Day weekend was eventful in terms of trade-related headlines, but an uneventful one for the major US major stock market indexes averages, which […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Up this week: US Consumer Confidence, 2nd GDP read, Personal income and spending, Chicago PMI. Classic Fed interest rate moves miscalculations is always cause for concern, as the Fed is making its same mistakes: it sees an overall still strong economy, stocks still strong, and it ignores […]
Medical Marijuana Update Oklahoma continues to struggle with its new medical marijuana program, Utah foes try a novel strategy to block a medical marijuana initiative, and more. Louisiana Louisiana Regulators Weight Raising Limit on Number of Patients Doctors Can Treat. The state Board of Medical Examiners is set to boost the number of medical marijuana […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, so lets look at the technicals DJIA leads as money rotates form tech’s to its blue chips Tech leaders topping, the rotation allows the move to continue; some leaders will soon drop out. DJIA: Thursday the DIA finished solidly higher, […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $RUTX Q-2 earnings is coming to a close, just as Key economic data coming up. This week we have: retail sales, Empire manufacturing and Philly Fed, industrial production and capacity, housing starts, leading indicators, and MSI. Data is important as it is important the US economy remain […]
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 this market North. The Technicals DJIA: The DIA struggled more on the trade issues than did the S&P […]
F1: Ferrari (NYSE:RACE) Set the Pace in Day 2 of In-Season Testing $RACE Ferrari (NYSE:RACE) continued to set the pace in F1’s Hungary test as Kimi Raikkonen topped the times through Wednesday’s running. Mr. Raikkonen, taking over the SF71H from Antonio Giovinazzi, 1st went quickest 30 mins into the session on medium tires before improvements […]
F1: Ferrari (NYSE:RACE) Fastest on 1st Morning of In-season Testing $RACE Ferrari’s (NYSE:RACE) Antonio Giovinazzi was fastest on the 1st morning of this week’s in-season test as the last F1 action got underway at the Hungaroring on the Summer break. The 2-day test amounts to 50% of F1’s in-season testing allocation and saw nine of […]
F1: Pre-season Testing Finished, Ferrari (NYSE:RACE) Fastest $RACE Ferrari (NYSE:RACE) ended F1 pre-season testing with the fastest times over the 8 days at the Circuit de Barcelona-Catalunya. Kimi Raikkonen’s lap of 1 min, 17.221 secs Friday came within 0.039 sec of the track record set by Ferrari teammate Sebastian Vettel Thursday. Both times were set […]
F1: Ferrari (NYSE:RACE) Showed It’s Hand, Vettel Fastest Ever Circuit de Catalunya $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel set the fastest lap ever recorded around the Circuit de Catalunya on the 2nd to last day of pre-season testing. Mr. Vettel was more than a 2 secs quicker than anyone else as Ferrari finally showed its hand before […]
F1: Ferrari’s Marchionne Liberty’s Malone to Stay in His Own Lane $RACE Ferrari’s boss does not want to see F1 ‘diluted by commercial and entertainment factors’ Ferrari Chairman/CEO Sergio Marchionne wants F1 owners Liberty Media to back off and let Ferrari get on with the business of making F1 cars. Recently, Mr. Marchionne said he […]
F1: Testing Resumes, Ferrari’s Vettel Fastest on the Day $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel got off to a good start as the final week of F1 testing began Tuesday, setting the fastest time and running the most laps at the Circuit de Catalunya-Barcelona on the day Mr. Vettel showed Ferrari’s strength by finishing the day […]
F1: Ferrari (NYSE:RACE) Ready for Final Testing Runs in Barcelona $RACE The 2nd and final Winter testing begins Tuesday with MercedesAMG and Ferrari running to claim the advantage ahead of this new season. The 4-day meeting will host the last on-track running before racing reconvenes in 2 weeks’ time for the campaign-opening Australian GP on […]
F1: Ferrari’s (NYSE:RACE) Sebastian Vettel Ready to Race $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel finished the 1st pre-season test knowing that he and The Scuderia are ready for another tight battle with MercedesAMG in Y 2018. After last week’s cold snap the F1 teams came out of 4 damp and cold days at the Circuit de […]
F1: Ferrari (NYSE:RACE) Did Not Test in the Snow $RACE Wednesday, the 3rd session of Y 2018 pre-season F1 testing started 3 hrs late following overnight snow, and the wintry conditions prevented any meaningful running all day. Ferrari did not run in the snow. With the poor weather predicted in advance, some teams began lobbying for a […]
F1: Ferrari’s Vettel Fastest 2nd Day of Testing $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel ran faster than MercedesAMG’s Valtteri Bottas on the 2nd session of F1 testing on Tuesday in Spain, as the unseasonably cold weather continued. Mr. Vettel set the pace with a lap of 1 min, 19.673 secs in the German’s 1st drive of […]
F1: Ferrari’s (NYSE:RACE) Vettel Scheduled to Test Tuesday in Spain $RACE Sebastian Vettel, runner-up to MercedesAMG’s Lewis Hamilton last year, is scheduled to test drive for the Scuderia Tuesday, when Spain’s weather service forecast colder temperatures and the possibility of snow. Defending champion Lewis Hamilton managed to get in 25 laps before the weather turned […]
F1: Ferrari’s (NYSE:RACE) New Racer Comes to Life $RACE Ferrari has fired up its 2018 F1 car for the 1st time at its HQ in Maranello. The new Ferrari is due to be launched on 22 February before official F1 testing gets underway on 26 February. The 1st fire-up of a new F1 car is […]
Monsanto’s (NYSE:MON) Herbicide Dicamba Destroying Gardens and Orchards $MON As the US growing season entered its peak this Summer, farmers began posting startling pictures on social media of fields of beans, peach orchards and vegetable gardens withering away. The photographs served as early warnings of a crisis that has damaged millions of acres of farmland. […]
Dubai Backed Hyperloop One Completes Phase 2 Testing The company would open its 1st international office in Dubai in September. Dubai-backed Hyperloop One, the company building the high-speed hyperloop transportation system, has successfully completed the second phase of testing in the Nevada desert, it announced on Wednesday. The company completed Phase 2 testing on 29 […]
F1: Ferrari (NYSE:RACE) is The Team to Beat this Season $RACE Ferrari (NYSE:RACE) is The Team to beat for this season. But, do you remember that last year the pundit said it was Red Bull which would bring the challenge to dominator MercedesAMG. Ferrari has out engineered all F1 comers, and Pirelli is saying do […]
US Workers Testing Positive for Drugs, Marijuana Use Spikes More US workers reportedly are testing positive for illicit drugs than at any time in the last 12 years. Meanwhile, the number of workers who tested positive for marijuana rose by 4%, while positive results for other drugs also rose “The increases come against a backdrop […]
F1: Ferrari (NYSE:RACE) Starts This Gran Prix Season Strong $RACE Ferrari (NYSE;RACE) flies into the new Gran Prix season challenging MercedesAMG’s 3-year dominance of the world’s #1 motorsports series. McLaren cannot to get its racer to do more than limp around the track during Winter testing at Barcelona. Ferrari and MercedesAMG concluded 8 days of […]
F1: Ferrari (NYSE:RACE) Barcelona Testing News “Blackout” $RACE The Italian media is outraged at Ferrari for turning its low-profile preseason strategy into a total news “blackout”. After President Sergio Marchionne admitted his “bold” declarations made him look “silly” last year, Ferrari has taken a very quiet approach to its Y 2017 F1 preparations. F1 Ferrari […]
F1: Ferrari (NYSE:RACE) Looks Quickest Ahead of Melbourne Gran Prix $RACE Lewis Hamilton said Tuesday that Top rivals Ferrari (NYSE:RACE) should be considered the favorites for this year’s Formula 1 championship. Despite the recent dominance of MercedesAMG ,who have claimed the past 3 Formula 1 championships, Mr. Hamilton said Ferrari’s form in Winter testing at […]
F1: Ferrari (NYSE:RACE) Impresses on 1st Day of Testing in Spain $RACE The Key concern for Red Bull and Mercedes in Y 2016 was that Scuderia Ferrari would get their house in order. Now, on the opening day of pre-season testing at the Circuit de Barcelona-Catalunya, it looks like Ferrari is on the right track […]
Big Agriculture Wins In Hawaii $MON, $SYT, $DOW, $DFT A federal judge ruled that 3 Hawaii counties cannot enact their own bans or regulations on GMO’s (genetically modified crops) and pesticides, handing a victory to the big agriculture companies that fought the regulations. Circuit Judge Consuelo M. Callahan last Friday upheld a lower court’s decision […]
New Porsche 911 RSR Debuted at Los Angeles Auto Show $POAHF, $RACE, $F Porsche introduced its revised 911 RSR for the Y 2017 motorsport season. It was seen it for the 1st time Wednesday at the 2016 Los Angeles Auto Show. The RSR, the current version of which was introduced for the Y 2013 season, […]
The Big Q: How Effective is AEB? AAA together with the Automobile Club of Southern California’s Automotive Research Center recently tested 5 vehicles with AEB (automatic emergency breaking). They were sorted into 2 categories: systems designed to reduce impact, and those meant to prevent collisions altogether. The 5 vehicles, all model Y 2016, underwent a […]
Testing Being Done to Check Safety of Emaar’s New ‘Tallest’ Dubai Tower When ready, The Tower at Dubai Creek Harbour will be 100 metres taller than the Burj Khalifa Dubai developer Emaar Properties has completed advanced wind tunnel tests to check the structural strength and durability of its new upcoming super-tall tower in Dubai, it […]
America is Plagued by Spike in Opioid Painkiller Deaths A record 47,055 people died from drug overdoses in the US in Y 2014, according to the latest figures from the federal Centers for Disease Control and Prevention (CDC). The number is up 7% from Y 2013, spurred by large increases in heroin and opioid painkiller […]