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                        Exxon Mobil Has Reached An Inflection Point

E Exxon Mobil Has Reached An Inflection Point

Exxon Mobil (XOM) has dramatically underperformed the market and its peers in the last two years. During this period, it has lost 1% whereas S&P, Chevron (CVX) and BP (BP) have rallied 34%, 18% and 27%, respectively. As a result, Exxon Mobil has greatly disappointed most of its shareholders. However, investors should realize that the […]
Gold’s Ultimate Confirmation

Gold’s Ultimate Confirmation

Although it didn’t appear to be a breakdown, silver just closed the day (and week) at a new yearly low. Remember the day when silver moved briefly below $14? Ultimately, silver futures closed at $14.15 on that day, and they just closed at $14.14 on Friday. So little, yet so much. Breakdown confirmed by weekly […]
EURJPY: Sets Up To Resume Uptrend On Price Reversal

EURJPY: Sets Up To Resume Uptrend On Price Reversal

With the EURJPY pair seeing taking back its Friday losses during Monday trading session, a resumption of its short-term uptrend is now likely. Support comes in at the 130.50 level where a break if seen will aim at the 130.00 level. A cut through here will turn focus to the 129.50 level and possibly lower […]
Empire Manufacturing Report Disappoints

Empire Manufacturing Report Disappoints

The latest read of the NY Fed Manufacturing report didn’t give such a great preview of economic activity for the month of September. At the headline level, the General Business conditions index dropped from 25.6 down to 19.0 versus expectations for a decline to 23.0. Similar to the current conditions index, the index tracking expectations […]
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                        Stock Analysis: Heico Corporation

E Stock Analysis: Heico Corporation

Heico (HEI) is an aerospace company that is bringing in the big bucks.Let’s take a closer look at those great numbers. Video Length: 00:04:15
Market Breadth

Market Breadth

My Swing Trading Approach I didn’t add any new long positions on Friday, as the market conditions and breadth was poor. I booked profits in Take-Two Interactive Software (TTWO) at $134.30 for a +2% profit. I am open to adding another position, but the bulls will need to show up in order for me to do so. Sideways or […]
Pilgrim’s Progress

Pilgrim’s Progress

Well, it was another one of those weekends where we were treated to all manner of market scares (“Trump is going to announce tariffs on $200 billion more of goods!”… ”China is going to walk away from trade talks!”… ”Oh noes!”) and yet, here we are just before the open on Monday morning, and the […]
DAX Defended The Neckline

DAX Defended The Neckline

Last week was a good one for the global indices. Maybe not so much for emerging markets, but the largest economies enjoyed the ride for sure. On the SP500 we bounced from the major upwards trend line and almost touched new all-time highs. In this analysis, we will focus on the DAX, which also made […]
Never Mind The Bollocks, Here’s The Avocado Toast

Never Mind The Bollocks, Here’s The Avocado Toast

For about ten bucks a month, Netflix will give you all the movies you can watch, plus tons of TV show series and other programs, such as one-off science documentaries. They don’t offer all movies, merely more than you can watch. Oh, and there are no commercials. They don’t just give you old BBC reruns, […]
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                        Adding Up The Pieces For The Weekly Trade: Volatility, Yield Curve, Tariffs

E Adding Up The Pieces For The Weekly Trade: Volatility, Yield Curve, Tariffs

S&P 500 Expected Move & Lacking Moves of 1% The S&P 500 made gains each day of the prior trading week, ending with a weekly gain of 1.16 percent. The index is up 7.76% year-to-date. Despite all the macro and geopolitical concerns persisting through much of 2018, the S&P 500 is having another healthy year […]