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Individual Investors Still Not Feeling It

Individual Investors Still Not Feeling It

The stock market is back at record highs, but don’t tell that to individual investors. In the latest survey of individual investor sentiment from AAII, bullish sentiment declined (ever so slightly) for the third straight week, dropping from 32.09% down to 32.04%.   Interestingly enough, bearish sentiment came in at the exact same level as […]
Caterpillar Rises After Analyst Upgrade Citing Continued Demand Growth

Caterpillar Rises After Analyst Upgrade Citing Continued Demand Growth

Shares of Caterpillar (CAT) are rising after a Baird analyst upgraded the stock to Outperform saying he sees continued demand growth. UPGRADE TO OUTPERFORM: On Thursday, Baird analyst Mig Dobre upgraded Caterpillar to Outperform from Neutral saying he believes demand growth should continue into 2019. The analyst said he views setup into year-end for the […]
September 2018 Philly Fed Manufacturing Survey Improved

September 2018 Philly Fed Manufacturing Survey Improved

The Philly Fed Business Outlook Survey improved and remains in expansion. Key elements significantly improved. Analyst Opinion of the Philly Fed Business Outlook Survey Consider this a much stronger report than last month as key elements significantly improved. This is a very noisy index which readers should be reminded is sentiment based. The Philly Fed […]
Most Active Equity Options And Strikes For Midday – Thursday, Sept. 20

Most Active Equity Options And Strikes For Midday – Thursday, Sept. 20

Data Courtesy of Trade Alert 
Should Conservative Investors Take The Paper Bags Off Their Heads?

Should Conservative Investors Take The Paper Bags Off Their Heads?

The Trump era has so far been a painful time for conservative investors (like me). Success in equities has come to those as bold as the president himself. I won’t comment on how much longer this can serve our Commander in Chief (such prognostication is outside my wheelhouse), but I can and do suggest that […]
EUR/USD Price Outlook: Euro Break Out Eyes July Highs

EUR/USD Price Outlook: Euro Break Out Eyes July Highs

Euro has rallied nearly 4% off the yearly lows with the advance now approaching the July highs. While the broader risk remains weighted to the topside, we’re looking for a near-term pullback to offer favorable entries. Here are the updated targets and invalidation levels that matter on the EUR/USD charts this week. EUR/USD DAILY PRICE CHART Technical […]
Top-Ranked Sector ETFs & Stocks To Buy Now

Top-Ranked Sector ETFs & Stocks To Buy Now

Even though escalating trade fears unnerved investors in recent months, the U.S. stock market is still hovering near record highs. This is especially true as the latest round of levies from both the United States and China have come in lower than expected and resulted in a market rally. Trump has imposed tariffs of 10% […]
Existing Home Sales At Lowest In 30 Months, Inventories Rise First Time In 3 Years

Existing Home Sales At Lowest In 30 Months, Inventories Rise First Time In 3 Years

Following continued weakness in July, analysts once again hope for a rebound in home sales in August but once again they were disappointed. August existing home sales were unchanged from July’s -0.7% drop, hovering at 5.34mm SAAR – the lowest since Feb 2016. Expectations were for a 0.5% jump in August but printed unchanged (home sales […]
The US Current Account: Goods Are Bad & Ugly

The US Current Account: Goods Are Bad & Ugly

The US current account deficit may seem fantastically large, with over $100bn in payments flowing out of the US relative to inbound payments each quarter, but that works out to less than 2% of GDP at an annual rate; during the last economic expansion, that deficit was as large as 6.3% of GDP. The US […]
Ripple, Ethereum, And Bitcoin Rising Ahead Of The Critical ETF Decision

Ripple, Ethereum, And Bitcoin Rising Ahead Of The Critical ETF Decision

Tension is mounting towards the all-important deadline for approving or disapproving an Exchange Traded Fund (ETF) on Bitcoin. The request by Direxion has been postponed from the original deadline back in July. The SEC said it needed more time and set September 21st as the deadline. September 21st is here, and cryptocurrencies are getting nervous. […]