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Amazon Stock Is A Buy

Amazon Stock Is A Buy

Amazon.com, Inc. (AMZN ) engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites. It also […]
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                        Draghi Did Not Shake Up Markets, How To Trade Today?

E Draghi Did Not Shake Up Markets, How To Trade Today?

Yesterday, President Trump continued to shake-up his administration by replacing Secretary of State Rex Tillerson with CBI director Mike Pompeo. Even before this most recent move, the turnover rate among high-level staff and cabinet members has been higher than under any other president in the past 40 years. As a result, political uncertainty remains elevated. […]
Setting Up Confluence Levels On The S&P

Setting Up Confluence Levels On The S&P

Video Length: 00:16:38 Stocks sell-off again today, but in tonight’s video newsletter we look at multiple signals telling us a key level of support is near. Watch the video now to find out the key level as well as trade opportunities in a few individual stocks…
Valeant Move Higher Amid Debt Offering, Insider Buying

Valeant Move Higher Amid Debt Offering, Insider Buying

Shares of specialty pharmacy company Valeant (VRX) are higher this afternoon amid a relatively weak market backdrop. DEBT OFFERING; On March 12, Valeant announced a private offering of $1.25B aggregate principal amount of unsecured senior notes due 2026. The proceeds of the newest offering will help fund the repurchase of $1.25B of outstanding debt, including […]
Stocks And Precious Metals Charts – What Can I Do?

Stocks And Precious Metals Charts – What Can I Do?

Stocks were wobbly most of the day. An effort to take the big cap tech stocks fizzled, with the Dow and the SP 500 lagging most of the day. Gold and silver were listless. The Dollar finished unchanged. As a reminder there will be a stock option expiration on Friday. We will see Jay Powell’s […]
Three Months Now Of After-Harvey Retail Sales; Or, The Boom Narrative Goes Boom

Three Months Now Of After-Harvey Retail Sales; Or, The Boom Narrative Goes Boom

If indeed this inflation hysteria has passed, its peak was surely late January. Even the stock market liquidations that showed up at that time were classified under that narrative. The economy was so good, it was bad; the Fed would be forced by rapid economic acceleration to speed themselves up before that acceleration got out […]
When Does Trade Adjust After Being Liberalized?

When Does Trade Adjust After Being Liberalized?

from the St Louis Fed When a country liberalizes trade, trade tends to increase substantially. However, the full effects take many years, and imports tend to dominate exports in the short run, according to a recent Economic Synopses essay. Economist Fernando Leibovici and Senior Research Associate Jonas Crews considered a country open to trade if five conditions were met: Average […]
EUR/AUD – Headed For 1.55?

EUR/AUD – Headed For 1.55?

  The euro traded lower against the U.S. dollar today on the back of cautious comments from the ECB and weaker industrial production. Everyone from ECB President Draghi to members Praet, Coeure and Villeroy all felt that inflation is low and therefore policy needs to patient and persistent because the currency’s strength could drive prices […]
Mild CPI Report Changes The Markets’ Tone

Mild CPI Report Changes The Markets’ Tone

Inflation Data Shows Modest Price Increases After a few months of acceleration in inflation, the CPI and PCE reports have become the most important economic reports to the market. Investors and economists expect a big pick up in inflation this year. I have switched from being bullish on inflation to being bearish on inflation based […]