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Technically Speaking: Oversold Bounce Or Return Of The Bull?

Technically Speaking: Oversold Bounce Or Return Of The Bull?

In this past weekend’s missive, “Markets Go On Alert,” I stated that due to the oversold condition of the market on a very short-term basis, a rally was due this week. To wit: “IMPORTANT: By the time weekly signals are issued on an intermediate-term basis, the market is generally oversold, with ‘bearish’ sentiment increasing, on a short-term (daily) basis. Given those short-term […]
The No.1 Marijuana Stock For 2017 (SPONSORED POST)

The No.1 Marijuana Stock For 2017 (SPONSORED POST)

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Some of the biggest marijuana stocks in the U.S. have seen 1,000 percent gains over the past couple of years, and now it is Canada’s turn — where no one’s even looking. Here, […]
Morning Call For Tuesday, April 18

Morning Call For Tuesday, April 18

OVERNIGHT MARKETS AND NEWS Jun E-mini S&Ps (ESM17 -0.22%) this morning are down -0.30% and European stocks are down -0.98% at a 3-week low as weakness in energy producing stocks and mining companies drags the overall market lower. May WTI crude oil (CLK17-0.85%) is down -0.78% at a 1-week low on concern that U.S. shale oil production is ramping up after the […]
BofA Reports 40% Jump In Profit Boosted By Interest Income, Trading Profits; Charge Offs Rise

BofA Reports 40% Jump In Profit Boosted By Interest Income, Trading Profits; Charge Offs Rise

Following conflicting earnings reports by JPM, Citi and Wells, Bank of America reported a jump in its quarterly profit, announcing EPS of $0.41, above the expected $0.35, as net income rose 40% Y/Y to $4.86 billion, up from $3.47 billion a year ago. Revenue was $22.25 billion, up from $20.79 billion a year ago, with […]
This “Scary” Setup Looks Profitable No Matter What Happens

This “Scary” Setup Looks Profitable No Matter What Happens

This market is still going sideways, but I’m seeing a few warning signs, signs that traders and investors are getting a bit more cautious – and I trust the prices I’m tracking for this more so than pundits and public opinion. But the pundit class does have a role to play in this; they establish […]
US Dollar Is All About Divergence

US Dollar Is All About Divergence

As markets return to full participation following the Easter recess, and as a new trading week get’s underway, I thought it would be apposite to consider the three primary currencies of the US dollar, the yen and the euro on the daily timeframes. And for those of you who may be wondering why I have […]
Johnson & Johnson Q1 Earnings Mixed, Says Actelion Deal Will Close In Q2

Johnson & Johnson Q1 Earnings Mixed, Says Actelion Deal Will Close In Q2

Johnson & Johnson (NYSE:JNJ) early Tuesday posted mixed first quarter earnings results, but said its guidance remains unchanged as it works to fully integrate a big recent acquisition.
New York Is The 9th Most Expensive City In The World – Singapore Ranks No.1

New York Is The 9th Most Expensive City In The World – Singapore Ranks No.1

The Economist Intelligence Unit (EIU), the research branch from the same people that bring you the magazine, compiled their annual list of the world’s most expensive cities. Most cities on the list were in Asia, with a few dotted across the continent of Europe. Written by (BetterDwelling.com) Top 10 Most Expensive Cities In The World […]
Silver Price Forecast 2017/2018: Silver Prices Likely To Rise In A Concentrated Manner

Silver Price Forecast 2017/2018: Silver Prices Likely To Rise In A Concentrated Manner

Silver Price Forecast 2017 / 2018 Silver Prices Likely To Rise In A Concentrated Manner The long-term view of silver is extremely bullish, given that it is one of the most undervalued metals, today. It is evident that ideal economic conditions are present, for silver prices to rise for many years to come: All-time low […]
Sensex Finishes In Red; Realty Sector Tanks 3.8%

Sensex Finishes In Red; Realty Sector Tanks 3.8%

Indian share markets trimmed their morning gains and finished in red due to heavy selling in realty stocks and metal stocks amid mixed global cues. At the closing bell, the BSE Sensex stood lower by 95 points, while the NSE Nifty finished down 34 points. Meanwhile, the S&P BSE Mid Cap and the S&P BSE Small Cap finished down by 0.6% and 0.7% respectively. Indian markets are hovering […]