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Get Going With This Week’s Bullish Watch-List

Get Going With This Week’s Bullish Watch-List

Today is a mixed day in the market, with no clear edge in either direction.  The overall direction of the market remains up, but fighting a day like what today has been, so far, doesn’t make sense. There is little momentum in the market as it digests Friday’s gains.  I am going to stay put […]
Manufacturing Jobs On The Comeback

Manufacturing Jobs On The Comeback

Last Friday’s nonfarm payrolls report from the BLS showed an increase of 31,000 manufacturing jobs during the month of February. Notably, February marked the fourth consecutive month of adding at least 25,000 manufacturing jobs. As shown in the chart below, amazingly, we haven’t had a streak of adding 25,000+ manufacturing jobs for four straight months […]
Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY

US wages are slow and inflation may be coming or not. What’s next for currencies? Here are the technical levels to watch: EUR/USD: Neutral (since 05 Mar 18, 1.2335): Pressure shifted back to the downside but expect strong support at 1.2220. EUR hit a ‘fresh’ low of 1.2271 last Friday but rebounded to close almost unchanged […]
Apple Crushes Netflix Rumors: “Would Rather Build A Studio Than Buy Netflix”

Apple Crushes Netflix Rumors: “Would Rather Build A Studio Than Buy Netflix”

Having already been hit by Andrew Left and the Citron gang, Netflix shares took another dip after Apple confirmed that it “would rather build a studio than buy Netflix.  As Forbes reported in January , Citi analysts sent a note to clients saying there is a 40% chance that Apple will buy Netflix, which garnered endless headlines […]
Amazon Mortgage Lending: Good Idea? Why? What’s Next?

Amazon Mortgage Lending: Good Idea? Why? What’s Next?

  Amazon formed a mortgage lending division. The company seemingly wants to be a one-stop shop for everything. REwired reports Amazon Hiring Head of Newly-Formed Mortgage Lending Division. Earlier this week, we reported to the LendingLife community that online shopping giant Amazon may be looking to get into the mortgage lending business, or at least that’s […]
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                        The Market Is In Full Recovery Mode

E The Market Is In Full Recovery Mode

The updated graph below confirms the market is in full recovery mode from the recent correction. All S&P sectors are up over the past month being led by technology stocks as usual. Plus, March is usually one of the more profitable months for stocks. Paul Hickey, the co-founder of Bespoke Investment Group, told CNBC that, […]
Pico Slips After Ending Strategic Review With No Deals

Pico Slips After Ending Strategic Review With No Deals

Shares of Pico Holdings (PICO) slipped after the company provided an update on its strategic review announced in October 2017, saying its board directed financial advisor JMP Securities to conclude the review process and determined that the company should continue to execute its current business plan. WHAT’S NEW: Pico announced on October 2, 2017, that […]
Oil Prices Could Collapse 20%-30%: 1 Big Reason Why This Could Happen

Oil Prices Could Collapse 20%-30%: 1 Big Reason Why This Could Happen

iStock.com/bluebay2014 Look at U.S. Production to See Where Oil Prices Could Be Headed Oil prices could be setting up to collapse. If this happens, it could have severe consequences. Those who own oil stocks and related investments would be just one of the victims. Tread lightly. You see, for the longest time, the Middle East was […]
The Historic Bull Market Faces Off Against Steel Tariffs

The Historic Bull Market Faces Off Against Steel Tariffs

Friday marked the ninth anniversary of the stock bull market, the second longest since World War II following the spectacular run in the 1990s that finally met its match when the tech bubble burst in March 2000. The current expansion, which some consider the “most hated bull market in history,” has largely been fueled by […]
Stocks Reacting Positively To Earnings So Far In March

Stocks Reacting Positively To Earnings So Far In March

Our Earnings Screener is a ridiculously useful tool for tracking corporate earnings reports and stock price reactions to the reports. One thing the Screener can do is find aggregate earnings trends. Today we wanted to see how stocks that have reported earnings thus far in March have reacted to their reports. As shown below, using the Screener, we […]