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Thoughtful Thursday – Markets At A Crossroads

Thoughtful Thursday – Markets At A Crossroads

“I went down to the crossroads, fell down on my knees. Down to the crossroads, fell down on my knees. I’m standin’ at the crossroad, babe, I believe I’m sinking down.” – Cream Earnings are simply not that exciting. The growth in earnings was SUPPOSED to come from the Financials and the Energy Sector and […]
Europe Breaking Support, Spill Over Into The States

Europe Breaking Support, Spill Over Into The States

How stocks do in Europe, can have an important impact on stocks in the States. Today we look at the patterns in London and Germany, as recent price action could “spill over” into stocks in the states. FTSE 100 Index below- FTSE 100 hit resistance line (2) of late and it quickly turned south, breaking rising […]
PPG Industries, Inc. Q1 Earnings Beat, Still Hopeful On AkzoNobel Merger

PPG Industries, Inc. Q1 Earnings Beat, Still Hopeful On AkzoNobel Merger

PPG Industries, Inc. (NYSE: PPG) early Thursday posted better than expected first quarter earnings and provided an update on its proposed merger with AkzoNobel N.V. (PINK: AKZOY).
50-Day Moving Average Providing Resistance

50-Day Moving Average Providing Resistance

Watch resistance at the 50 day moving average It had been acting as support prior to its break last week, but now the 50 day moving average has firmly converted itself into resistance overhead. Following the break last Tuesday, it has gotten close to pushing back above the 50 day moving average but each time […]
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                        Small Cap Best And Worst – Thursday, April 20

E Small Cap Best And Worst – Thursday, April 20

The best small cap sector is technology. The top small cap industry is investment brokerage. The average small cap score is 47.46 and over the past four weeks, the score has averaged 50.12. The typical small cap stock in our coverage is trading -25.49% below its  52 week high, -1.22% below its 200 dma, and […]
Bull Of The Day: Inogen

Bull Of The Day: Inogen

It looks like the market is going to have to wait for a bill to “Repeal and replace” Obamacare. Regardless of what side of the political isle you find yourself on, it’s tough to discount the impact of such an event on stocks in the medical business. This is a varied business, with pockets that […]
China Leading Global Markets In 2017: A Look At Key Performance Drivers

China Leading Global Markets In 2017: A Look At Key Performance Drivers

This year one of the more remarkable performance stories has been China. In the first quarter, along with its emerging market fellow India, China was ranked in the top two of Index strategies that WisdomTree has in its global family of equity Indexes. Trump and Xi Talk China has been a focal point recently, with the […]
The Stock Whisper Of The Day: SAN, VZ, FL, IBM

The Stock Whisper Of The Day: SAN, VZ, FL, IBM

USD/CAD Bullish Marubozu On Daily Time Frame

USD/CAD Bullish Marubozu On Daily Time Frame

The USD/CAD has formed a bullish marubozu (strong momentum candle) on daily timeframe (see the mini daily chart) which marks an uptrend. Retracement towards POC might start at the break of trendline (red). If the price gets to POC (38.2, ATR low, D L4, EMA89)  the POC zone should spike the price further up towards […]
April 2017 Initial Unemployment Claims Rolling Average Improvement Continues

April 2017 Initial Unemployment Claims Rolling Average Improvement Continues

The market expectations for weekly initial unemployment claims (from Bloomberg / Econoday) were 236 K to 250 K (consensus 244,000), and the Department of Labor reported 244,000 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 247,250 […]