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AdvanSix – Chart Of The Day

AdvanSix – Chart Of The Day

AdvanSix Inc. (ASIX) is a producer and supplier of Nylon 6 materials. The company’s polymer resin sold under the Aegis(R) brand to produce engineered plastics, fibers, filaments and films which in turn used in end products such as automotive and electronic components, carpets, sports apparel, fishing nets and food as well as industrial packaging. AdvanSix […]
GBP/USD Bounces On Higher Hike Expectations, For Now

GBP/USD Bounces On Higher Hike Expectations, For Now

GBP/USD is trading at the 1.31 handle, maintaining a safe distance from the lows of 1.3026 it reached last week. Support can be found at 1.3110 and resistance at 1.3230. To put things into proportion, cable was briefly above 1.36 quite recently. What is behind this bounce? The main driver is the upwards revision of labor […]
The Real Peak Complacency

The Real Peak Complacency

Stocks are at record highs while volatility is at a record low. Which is another way of saying that investors aren’t as worried as they probably should be about the coming year. That’s okay. Price corrections (with their attendant volatility spikes) are normal and natural ways for markets to teach overconfident investors a little humility. […]
Small Caps Outperform Large Caps

Small Caps Outperform Large Caps

Small Caps Earnings Growth Falls But Financials Look Good Even though the Russell 2000 was down slightly on Friday, the small caps are still in the best streak since the post-election run. The chart below shows the rally after the election was justified given the accelerated earnings growth after the earnings recession in 2015-2016. Unless the […]
Advanced Micro Devices, Inc.: Activist Investors Need Not Apply

Advanced Micro Devices, Inc.: Activist Investors Need Not Apply

Written by  Activist Stocks AMD’s (AMD) lack of innovations in the past 3 months is impacting its stock. So far, AMD’s stock is up 10% in 2017, while Nvidia (NVDA) -its competitor- is up 55%. Nvidia’s dedication towards the cryptocurrency mining market is the reason for Nvidia’s rapid increase. So far, the cryptocurrency market is growing by a couple […]
Veritone Jumps After CEO Rebuts Short Seller Attack

Veritone Jumps After CEO Rebuts Short Seller Attack

Shares of Veritone (VERI) are on the rise after the company’s CEO Chad Steelberg told Bloomberg that the company’s shares are not worthy of shorting and in fact are undervalued. This comes a few weeks after short-seller Citron argued that the stock is headed dramatically lower. SHARES STILL CHEAP: Veritone is a cloud-based artificial intelligence […]
Hit And Flop ETFs Of Last Week

Hit And Flop ETFs Of Last Week

Last week saw sustained momentum in the market with stocks extending their push into the record territory. Meanwhile, the CBOE Volatility Index, often referred to as the market’s fear gauge, touched an all-time low on Oct 5, indicating a protracted period of market calm. Though the first monthly drop in September payrolls in seven years put an […]
Dollar Rally Yet To Impact Stocks

Dollar Rally Yet To Impact Stocks

As we noted in a post last Friday (and in today’s Chart of the Day), the dollar has staged an impressive bounce off of its early September lows.  You can see the rally and break of downtrend line in the chart of UUP below. The dollar fell 10.75% from the start of the year through its closing low on […]
Here’s Why Bitcoin Won’t Replace Gold So Easily

Here’s Why Bitcoin Won’t Replace Gold So Easily

What a week it was. First and foremost, I’d like to acknowledge the horrific mass shooting that occurred in Las Vegas, the deadliest in modern American history. The memory of the shooting was still fresh in people’s minds during last Tuesday’s Hollywood premiere of Blade Runner 2049, which nixed the usual red carpet and other […]
Tesla Is Going To Embarrass Warren Buffett

Tesla Is Going To Embarrass Warren Buffett

“I’ll meet you at Pilot” my future wife said to me before hanging up the phone. She was explaining to me how to get to her parents’ house. (This was before our phones were a GPS device.) But by meeting me at the Pilot gas station, I knew exactly where that was. In the town […]