Category Archive: Entertainment
The 5 Best NASDAQ 100 Stocks
I used Barchart to sort the NASDAQ 100 stocks to find which ones hit the most frequent highs in the last month. I then used the Flipchart feature to review the charts. Today’s list includes: Express Scripts (NASDAQ:ESRX), Cisco Systems(NASDAQ:CSCO), Analog Devices (NASDAQ:ADI), Costco Wholesale(NASDAQ:COST), Bed Bath & Beyond (NASDAQ:BBBY): Express Scripts (ESRX) Barchart technical indicators: 100% Barchart […]
Lost Money In The Stock Market
Here is a useful tactic used by professional investors for years to benefit from losses in the stock market. Avoid wash sales and turn your loss into an ultimate gain. Audio Length: 00:08:05
Gold Finds Support At $1191
Gold prices closed lower on Tuesday, giving back a portion of the previous day’s gains but holding ground above $1191 an ounce. Yesterday, the market initially tried to break through the resistance at the 1212 level which was the key for a bullish continuation but sellers stepped in and dragged prices back below the 1202.70 […]
The Oil-Drenched Black Swan, Part 3: Multiple Risks, Multiple Unknowns
It is these unforeseeable and uncontrollable consequences that are poised to wreak havoc on the global financial system. Here’s the thing about risk: it bursts out of whatever is deemed “safe.” It wasn’t accidental that the Global Financial Meltdown originated in home mortgages; it was the perceived safety of the mortgage market that attracted all the […]
Investors Go All-In On Stocks
Investors across the board are all-in again, universally optimistic about the future prospects for U.S. equities. Advisory sentiment in the Investors Intelligence poll is in the 96th percentile, with a 43% spread between Bulls and Bears. Individual Investor sentiment measured by AAII hit its second highest level of the bull market a few […]
Chart Of The Day: Express Scripts
The Chart of the Day belongs to Express Scripts (NASDAQ:ESRX). I found the stock by sorting the All Time High list for the stocks with the most frequent new highs in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 10/21 the stock gained […]
Peter Schiff To CNBC: High Inflation Never Benefits An Economy
This afternoon, CNBC Europe asked Peter Schiff about the effects of low oil prices on the European economy. Peter used the opportunity to explain why the governments of Europe, the United States, and Japan are all playing the same game: claiming inflation is good for the economy, when in fact it just allows politicians to […]
Northern Oil And Gas: Michael Reger’s Deeply Misleading Tweet
Northern Oil and Gas (NYSE:NOG) is familiar to long-time readers of this blog. I posted about it here, here, here and here. I have been short this stock for some years and my view is that absent sustained high oil prices this company will file bankruptcy. I also follow the Twitter account of Michael Reger […]
