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These Stocks Are Getting Ready To Break Out Now

These Stocks Are Getting Ready To Break Out Now

In tonight’s video, Corey walks you through a scan of the most compressed stocks in the S&P 500 and highlights how to trade a future breakout from the key support or resistance price levels along with how to set targets for any breakout trade. (Video length 00:09:27)
Stocks For You To Swing-Trade: WWE, ROKU, OLN

Stocks For You To Swing-Trade: WWE, ROKU, OLN

Take a look at three trading ideas to prep you for the next trading session. Long World Wrestling Entertainment (WWE) Long Roku (ROKU) Short Olin (OLN)
Forks In The Road

Forks In The Road

We have written profusely about the investment myopia of today which has focused on “growth at any price companies” without regard to profits or free cash-flow. We do this because we know success in investing requires a healthy degree of discomfort for it to be profitable, and we know how much comfort today’s investor has found by […]
Dow Leads Indices But Recovery Rally Doesn’t Reverse All Breakdowns

Dow Leads Indices But Recovery Rally Doesn’t Reverse All Breakdowns

The Dow was the lead index on the day as it marked a new closing high and kept the rally on course to test its accelerated upper channel. Technicals are bullish with the exception of the MACD which is on the verge of a new ‘buy’ trigger. The Nasdaq rallied following yesterday’s breakdown but it […]
The End Of The Incessant U.S. Bid?

The End Of The Incessant U.S. Bid?

It’s not getting much airplay, but on Friday, a rather important factor to the incessant U.S. financial asset bid expired. According to Bloomberg’s Brian Chappatta, Friday was the last day U.S. corporations could deduct pension contributions at the 2017 corporate tax rate of 35 percent and will now only be eligible for the new 21 percent […]
WTI Drops After Surprise Crude Build

WTI Drops After Surprise Crude Build

WTI prices rebounded back above $69 today after Saudi headlines and inched higher still into the API print. However, prices slipped lower after crude inventories saw a surprise build of 1.25mm barrels (vs expectations of a 2.5mm draw). API Crude +1.25mm (-2.5mm exp) Cushing -1.57mm (-800k exp) Gasoline -1.485mm Distillates +1.536mm After four straight weeks of crude […]
Copper Looks Promising

Copper Looks Promising

It looks like there is a good chance for better times for copper. Look at the chart below: Source: Simple Digressions and the COT data Note that now the so-called commercials, mostly copper producers, hold a net long position in copper futures (the red circle). Last time they held a similar position was October 2016 […]
Market Talk – Tuesday, Sept. 18

Market Talk – Tuesday, Sept. 18

The much anticipated and some would say, over expected, tariffs were announced after the US markets closed yesterday (Monday). The Dow had already dipped over 100 points, whilst the Nasdaq closed 1.5% lower. It is often the case in markets that the news is more fearful than the act and that is what we saw […]
Stocks And Precious Metals Charts – Deep Into That Darkness Peering – Risk On

Stocks And Precious Metals Charts – Deep Into That Darkness Peering – Risk On

“It could be argued that we are now in the midst of a coup d’état in slow motion. Democracy is weakening; few people would disagree. Corporatism is strengthening; you only have to look around you. Yet none of us has chosen this route for our society, in spite of which our elites quite happily continue […]
Industrial Production Growth Solid | Import & Export Prices Decline

Industrial Production Growth Solid | Import & Export Prices Decline

Industrial Production Growth Is Solid Since industrial production is a hard data report, it will settle the score on whether manufacturing growth was strong. I was unsure of the situation in August because many soft data reports conflicted with each other. The final tally is manufacturing was solid, but not as amazing as the ISM […]