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On The Fly: Pre-Market Movers Today

On The Fly: Pre-Market Movers Today

Up After Earnings: Ollie’s Bargain Outlet Holdings (OLLI), up 9.9%… Bed Bath & Beyond (BBBY), up 2.8%… ConAgra Foods (CAG), up 1.1%… CarMax (KMX), up 3.2%. Lower: Twitter (TWTR), down 3% after Morgan Stanley cuts its price target on Twitter to $16 and maintains its Underweight rating… Alder Biopharmaceuticals (ALDR), down 3.5% after its 5.376M […]
Silver Price Forecast: The Interesting Relationship Between Silver Rallies And Interest Rates

Silver Price Forecast: The Interesting Relationship Between Silver Rallies And Interest Rates

It is not well known, that historically silver and interest rates have actually moved together (in the long-term). When interest rates are going up, then silver is going up. When interest rates are going down, silver is going down. In the short-term, interest rates and silver can diverge (like since about 2002 to now); however, this is […]
Bottom Fishing For Value: Valeant Pharmaceuticals In Focus Today

Bottom Fishing For Value: Valeant Pharmaceuticals In Focus Today

A bias for long ideas over short ones helped improve the ROI the bottom fishing for value strategy. Two areas that benefit the most from markets recovering include energy and biotech sectors. The newest long idea is a surprising one: Valeant Pharmaceuticals (VRX). The company restored some confidence from shareholders after it said it did […]
Time To Pick A Top In The Australian Dollar?

Time To Pick A Top In The Australian Dollar?

The yen’s surge in recent days has captured the attention of investors and policymakers alike. It is indeed unsettling and seems to run counter to the economic logic negative interest rates, which the BOJ surprised the market with at the end of January. Yet, if one thinks the market has gotten ahead of itself, perhaps pickinga […]
Five ETFs To Buy For Q2

Five ETFs To Buy For Q2

After a terrible start to the year, the U.S. stock market made a stunning comeback in the last six weeks of the first quarter. This is especially true as the major U.S. bourses recouped all the losses after falling more than 14% (as of February 11) from their recent peak levels. Notably, both the S&P […]
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                        Small Cap Best & Worst, Plus Q2 Seasonality

E Small Cap Best & Worst, Plus Q2 Seasonality

·       The strongest small cap sectors are utilities and consumer goods. ·       The best small cap industry is general building materials. After rolling scores to reflect second quarter seasonality, the average small cap score is 50.44, which is below the four week average score of 51.62. The Russell 2k (IWM) offers pedestrian seasonality in Q2, gaining ground […]
The Stock Whisper Of The Day: GDX, USDU, CHL

The Stock Whisper Of The Day: GDX, USDU, CHL

Hot stocks of the day: GDX, USDU, CHL Video length: 00:05:19
Does Not Compute: The Market Is The “Most Overbought Since 2009” Yet “Most Short Since 2008”

Does Not Compute: The Market Is The “Most Overbought Since 2009” Yet “Most Short Since 2008”

Earlier, we first reported something unexpected: when looking at the constituents of the record short squeeze that started two months ago, and still continues, traders had largely maintained kept single-name shorts, and instead covered short ETF exposure. This followed a previous observation showing that when it comes to NYSE short interest, it is near the […]
Telecom, Mid-Cap Value, And Latin America

Telecom, Mid-Cap Value, And Latin America

Our weekly EdgeCharts display the relative strength rankings for three major market groupings (sectors, styles, and global). Rankings are determined by the intermediate-term momentum of ETFs representing each of the individual categories. Momentum values are annualized to indicate the strength of the intermediate trend (a value of +20 means the category’s intermediate-term trend is sloping […]
April 2, 2016 Initial Unemployment Claims Rolling Average Again Worsens. But Still The Longest Streak Of Claims Under 300,000 Since 1973

April 2, 2016 Initial Unemployment Claims Rolling Average Again Worsens. But Still The Longest Streak Of Claims Under 300,000 Since 1973

Weekly Initial Unemployment Claims The market expectations (from Bloomberg) were 261,000 to 290,000 (consensus 272,000), and the Department of Labor reported 267,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in adjusting the data) 4 week moving average moved from 263,250 (reported last week as 263,250) […]