Archives by Month:

Archives by Year:

Gold Edges Up As Dollar Pulls Back From Multi-Month High

Gold Edges Up As Dollar Pulls Back From Multi-Month High

Gold prices rose $1.49 an ounce on Tuesday, snapping a seven-day losing streak, as the dollar took a breather after hitting a 16-month high. XAU/USD moved lower towards to the daily Ichimoku cloud as expected after prices broke below the $1203-$1200 zone. U.S. economic data due for release Wednesday is light and includes the consumer […]
Stocks For You To Swing-Trade: ITW, CTXS, ABBV

Stocks For You To Swing-Trade: ITW, CTXS, ABBV

Wednesday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Long Illinois Tool Works (ITW)   Long Citrix Systems (CTXS) Long AbbVie (ABBV)
The Dollar Decline And The Stability Of The Pound As Powell Speech And Inflation Data

The Dollar Decline And The Stability Of The Pound As Powell Speech And Inflation Data

The US dollar fell in Wednesday’s trading but is still near a 16-month high supported by the possibility of a rate hike in December and ahead of inflation data due later today. While the pound fell below 1.30 ahead of the British prime minister’s main meeting to discuss the draft agreement on Britain’s exit from the EU after more […]
5 Must-Watch Retailer Earnings Charts This Week

5 Must-Watch Retailer Earnings Charts This Week

(Video length 00:04:30) Earnings season continues onward. This week, we start to see the rush of retailers reporting but there will also be some technology titans and cannabis companies in the mix. Still, it’s the retailers which will take the spotlight. Is the consumer still spending? And what does the holiday season look like? Retail […]
EUR/USD: Another Recovery Hits The Wall Of Worry

EUR/USD: Another Recovery Hits The Wall Of Worry

EUR/USD recovered Brexit and US-Chinese talks. Italy has not budged, Brexit is volatile, and German contraction weighs. Technically, the pair will need to feel comfortable above 1.1300 to convince more buyers. EUR/USD is trading around 1.1300, significantly up from the 17-month lows of 1.1215 recorded on Tuesday. The Good: Brexit breakthrough, US-Chinese talks The European […]
Hopeful Brexit News Lifts Pound

Hopeful Brexit News Lifts Pound

News that a Brexit deal, albeit still in draft form, was struck between the British government and the European Union was enough to provide a lift for the Pound Sterling. That news improved risk sentiment and gave investors the confidence to buy the Pound. Analysts offer a word of caution, however, and point out that […]
As Oil Plunges, Energy Junk Bonds Turn Dangerous — Again

As Oil Plunges, Energy Junk Bonds Turn Dangerous — Again

Back in 2104 oil was falling and hundreds of billions of dollars of energy junk bonds and leveraged loans looked to be at risk. Wolf Street had this to say at the time: Oil and Gas Bloodbath Spreads to Junk Bonds, Leveraged Loans. Defaults Next The price of oil has plunged nearly 40% since June […]
Will Oil’s Crash Lead To “Contagion” For The U.S. Stock Market?

Will Oil’s Crash Lead To “Contagion” For The U.S. Stock Market?

Oil’s crash is historic – this is the most oversold oil has been from 1983 – present. Will oil’s crash lead to “contagion” for the U.S. stock market? Meanwhile, some traders think that the S&P 500 is making an “inverted head and shoulders” bottoming pattern.   *We usually ignore such chart patterns. These patterns work […]
Is A Top Forming In Natural Gas?

Is A Top Forming In Natural Gas?

The recent upswing in NG prices has been an incredible trade for many, yet we believe a top is now forming in Natural Gas that could catch many traders by surprise. The recent upside gap in price and upward price volatility would normally not concern long traders. They would likely view this as a tremendous […]
E
                                                
                        Southern Co ‘Tricity, Gas & Comm For 9M Folks

E Southern Co ‘Tricity, Gas & Comm For 9M Folks

This week I’m seeking the one and only dividend-paying stock from the utilities business sector for my Ivy portfolio.  That utilities sector has five industries including diversified, independent, regulated electric, regulated gas, and regulated water.  Today I’m reviewing a Large-cap regulated electric company, named Southern Company. Its trading ticker symbol is SO. Southern Co is an […]