Category Archive: Finance, No picture
Current Analysis: PCTEL
Photo by Maxim Hopman on UnsplashPCTEL Inc (PCTI) delivers performance-critical technology solutions to the wireless industry. Company products include: Antenna Products and Test and Measurement Products.Antenna Products are Mobile Antennas, Infrastructure Base station Antennas, In-Building Antennas, GNSS/GPS Antennas, Embedded Antennas, and RF ANcillary and Cable Products.Test and Measurement Products include Scanning Receivers, Public safety testing […]
Watching The Top 15 Israeli-Based Stocks Listed On Nasdaq – Some Improvement Over Last Week
Photo by Taylor Brandon on UnsplashThe Israel-Hamas War is having a chilling affect on everything in Israel, including business. A personal email from a friend there attests, “Things are very hectic here right now. We’ve all lost friends, have had to send family members off to war, and have to spend far too much in bomb shelters and when […]
Best Practices In Trading Psychology: Consistency, Innovation, And Balance
Traders I’ve observed over the years who have achieved consistent success display three important qualities:1) They trade with repeatable processes, so that their trades are planned and not reactive. They have clear, structured ways of generating ideas, and they have clear structured ways of finding optimal expressions of their ideas; sizing positions based on those […]
Stock Market Insights & Trading Tactics Focusing On Nasdaq, Key Companies
Market Analysis Overview: Presently, the upward momentum in both Indices and individual stocks is reaching the later phases of Wave iii) of A, expected to potentially peak by late Monday or more likely Tuesday. Consider taking profits at these anticipated peaks. Our next potential long trade might emerge toward the end of the week, following […]
A Nice & New Short-Term Uptrend
Image Source: UnsplashWe finally got a nice, new short-term uptrend after months in which the short-term cycle was unclear. It was important to deploy cash into stocks quickly though, because as you can see from the chart below, the PMO index has already moved close to the top of its range.I have found that the best […]
Stocks Soar On Slowing Fundamentals, An Overreaction
Image Source: UnsplashStocks soaring on slowing fundamentals is an overreaction that can be explained in several ways. This recent market reaction reflects a huge overreaction on the part of investors and computers hunting out shorts. This is seen in both stocks and the currency market. Big market moves like we recently saw do not always make a […]
Can The Fed-Induced Upside Insanity Sustain Markets?
Image Source: UnsplashIn this weekend update, I review the past week’s price action. I also discuss the recent frenzy seen in the stock markets.00:20:05More By This Author:Markets On Fire With Extreme Moves Fed Does Nothing And The Market Likes It Fed And Earnings – And Plenty More Volatility
Pairs In Focus This Week – Sunday, Nov. 5
Image Source: Unsplash AUD/USD The Australian dollar rallied rather significantly during the course of the week, and it ended up challenging the crucial 0.65 level. This level could open up a move to the 0.66 mark, which is where the 50-week EMA resides. It certainly looks like it is trying to turn things around, but it has not cleared the last vestiges […]
The Stock Market Rally Has No Legs To Stand On
Video Length: 00:16:46The equity market saw a big rally this week, but is it really likely to last?More By This Author:Stocks Mount Third Rally Of 4% Or More Over 4 Days Since Mid July Mechanical Volatility Melt Sends Stocks Higher On November 1, 2023 Stocks May Be Ready To Take Their Next Leg Lower Amid […]
Economic Data Forecasts For The Weeks Of Nov. 6 & 13
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of November 6 November 7 International Trade - September -$61.0B -58.3 -60.0 Consumer Credit - September $10.0B -15.6 10.0 November 8 Wholesale Inventories - September 0.0 […]
