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Archives by Year:
Breadth Supports Stocks, Sentiment Still Neutral
The broad based S&P 500 and Russell Indices are hitting multi-month highs while the tech heavy Nasdaq has been reaching record peaks with regularity this year. Despite the Wall of Worry over China Trade, the Bullish behavior of stocks hitting higher highs and higher lows is becoming obvious to the masses. We don’t want to be complacent as […]
5 Of Today’s Biggest Marijuana Stock Losers – Monday, August 6
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Out of over 200+ marijuana stocks, here are just 5 of the biggest marijuana stock losers in trading on Monday, August 6th including Affinor Growers Inc. (CSE: AFI) (OTC: RSSFF) and more… Affinor Growers Inc. (CSE: AFI) […]
Weight Watchers Falls Despite Raising Full-Year Guidance
CNBC’s Leslie Picker reports quarterly earnings from Weight Watchers.
Market Talk- Monday, August 6
A quiet start to the week in Asia, but the effects of China’s FX move are Friday is still being felt on core equity markets. The overhang of PBOC’s structural intervention in the off-shore FX markets continued today with the Yuan appreciating even more. The Shanghai exchange almost balanced this move with another decline today […]
Hot Options Report For End Of Day – Monday, August 6
Top options for end of day: AABA, CHK, RRC, FB, AAPL, ZNGA, BABA. Data Courtesy of Trade Alert
GBP/USD Rate Eyes Fresh 2018-Lows As Bearish Series Takes Shape
BRITISH POUND TALKING POINTS The British Pound extends the decline following the Bank of England (BoE) meeting, with GBP/USD at risk of exhibiting a more bearish behavior over the days ahead as it carves a series of lower highs & lows. GBP/USD RATE EYES FRESH 2018-LOWS AS BEARISH SERIES TAKES SHAPE Renewed fears surrounding Brexit appears to be […]
Iranians Hoard Gold As Currency Collapses Ahead Of Snapback Sanctions
On Tuesday just after midnight U.S. Eastern time, the Trump administration is set to bring back a first wave of restrictions that had been waived under the Iran nuclear deal, an Obama-era agreement that gave Iran sanctions relief in exchange for curbs on its nuclear program. The new sanctions limit dealings in Iran’s currency and with its automotive industry. […]
S&P 500 All Time Highs?
The S&P 500 ETF (NYSEARCA: SPY) matched the second highest close in its history. The “SPY” is less a percent away from it’s highest close. That next highest close looks like the next stop. After the market passes its all-time high it probably has running room for a while. The market has eaten up trade war […]
The Bulls Have Control: Here Are The Stocks You Should Be Swing-Trading
People – support and resistance – that’s what matters most in this market. The bulls have plenty of support underneath them, particularly with the 2801 level, and they have very little resistance above them. The one spot being, at this point, the all-time highs established in January. That means, even though the market showed signs […]
How Low Can Nat Gas EOS Go?
It was another relatively slow day of natural gas trading today, with the September contract trading in a narrow 4.3-cent range. Prices declined this morning on cooler weekend weather forecast trends, but bounced seemingly on storage concerns to settle just above flat on the day. This is the second day where prices have been unable […]
