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                        KHC Offers 13.22% Return PA For Contrarian Investors

E KHC Offers 13.22% Return PA For Contrarian Investors

The Kraft Heinz Company has had a difficult few months with the stock dropping from $80 to $60. This company caught my eye when running a scan for oversold stocks priced over $40 with average daily volume over 1 million. KHC is currently in the midst of a horror run and the stock is currently […]
Ready, Shoot, Aim: Who Else Gets Hurt In A Sino-US Trade War?

Ready, Shoot, Aim: Who Else Gets Hurt In A Sino-US Trade War?

Because the value added of Chinese exports to the United States is fairly low (i.e., exports incorporate lots of foreign components), it is unclear how much damage would be inflicted on bystanders. Wells Fargo uses data on trade in value added to show Taiwan’s exposure.   As of 2011, 1.5% of Taiwanese value added was accounted for […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, March 27

WTI Crude Oil And Natural Gas Forecast – Tuesday, March 27

WTI Crude Oil The WTI Crude Oil market has been very noisy during the trading session on Monday, breaking above the $66 level, before running into a buzz saw of resistance. By turning around the way it did, we ended up forming a shooting star. That shooting star suggests that we need to pull back, […]
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                        Products Which Could Be Affected By Trump’s China Trade Sanctions And China’s Retaliation

E Products Which Could Be Affected By Trump’s China Trade Sanctions And China’s Retaliation

President Donald Trump has announced trade sanctions on China which could involve imposing tariffs on up to $60 billion of China’s products imported into the U.S. Fortunately, the full impact is delayed a bit. Trump’s announcement provides for a brief breathing period — 60 days — before sanctions are imposed, which will allow lobbyists and […]
AUD/USD Weekly Analysis – Tuesday, March 27

AUD/USD Weekly Analysis – Tuesday, March 27

AUD/USD moved sideways in a trading range between 0.7672 and 0.7785. As long as 0.7785 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 0.7916 and a breakdown below 0.7672 support could trigger another fall towards 0.7600. On the upside, a breakout of 0.7785 resistance would suggest […]
Coincident Economic Indicators: History Suggests Recession Is Close

Coincident Economic Indicators: History Suggests Recession Is Close

The Philadelphia Fed’s coincident economic activity index suggests the economy is close to recession. The Coincident Economic Activity Index is produced monthly by the Philadelphia Fed. The indexes are released a few days after the Bureau of Labor Statistics (BLS) releases the employment data for the states. The coincident indexes combine four state-level indicators to summarize current […]
Cerberus Takes A Bath As America’s Oldest Gunmaker Files For Bankruptcy

Cerberus Takes A Bath As America’s Oldest Gunmaker Files For Bankruptcy

Cerberus Capital Management has officially eaten its initial investment in Remington as the country’s oldest firearms manufacturer officially filed for Chapter 11 bankruptcy late Sunday after unveiling a plan last month to surrender most of the company’s assets to its creditors. CNNMoney reported that the company agreed to reduce its debt by $700 million through the Chapter 11 […]
Long And Short Of Short Interest

Long And Short Of Short Interest

Here is a brief review of period-over-period change in short interest in the March 1-15 period in nine S&P 500 sectors. XLB (SPDR materials ETF) During last week’s selling, XLB (57.17) not only lost the 200-day moving average but also sliced through the prior low from February 9. Monday’s 2.1-percent rally retook the prior low. But […]
Ikang Healthcare – Chart Of The Day

Ikang Healthcare – Chart Of The Day

The Chart of the Day belongs to the Chinese healthcare stock iKang Healthcare(KANG). I found the stock by using Barchart to sort today’s  Percentage Change Leaders first by the highest technical buy signals, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 2/21 the stock gained […]
Above The 40 – Buyers Buoy The Stock Market

Above The 40 – Buyers Buoy The Stock Market

AT40 = 35.9% of stocks are trading above their respective 40-day moving averages (DMAs) (jumped from 25.6%)AT200 = 43.0% of stocks are trading above their respective 200DMAs (up from 2-year closing low at 37.5%)VIX = 21.0Short-term Trading Call: neutral Commentary This is truly a market that is from another planet. In a market that is from another planet, I went […]