Stocks To Trade: Twitter, Steel Dynamics, IR
Take a look at these three trading ideas to prep you for the next trading session. Long Steel Dynamics (STLD) Long Twitter (TWTR) Short Ingersoll-Rand (IR)
Silver Looking Better Than Gold?
Based on Commitment of Traders (COT) data John Rubino at Dollar Collapse prefers silver over gold. The gold COT chart (GC) shows large speculators are net long 178,718 contracts while the commercial traders are short 199,796. Short specs are long 20,808 contracts, making up the difference. Data is is reported on Friday for the prior Tuesday. […]
Swing Low In Russell 2000?
It was a strong finish for markets as they clawed back some of the early week losses. Some indices do look better than others and could offer bulls the opportunity they need into next week. The best of these could be the Russell 2000. The index left a picture perfect ‘tweezer bottom’ which has the […]
One Company Now Owns Over 7% Of The Entire S&P 500
By now it has become common knowledge that in the ongoing war of attrition between expensive – but very much underperforming under central planning – active investing and cheap and efficient passive, ETFs, the latter are winning and the former will likely concede majority control of market AUM in just over a year. Furthermore, as […]
Forex Forecast: Pairs In Focus – March 4
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Forex Strength And Comparison March 2018
In the Currency Strength table, the JPY was the strongest currency while the CAD was the weakest. There were some significant changes last month with the JPY gaining 6 points while the CAD lost 3 points. On a month-to-month basis the GBP and EUR showed a very good performance and to a lesser extent the […]
Weekly Market Outlook – Back Between A Rock And A Hard Place
The market may have been up on Friday, but it wasn’t really enough to offset the loss booked for the whole week. Regardless, stocks remain in a proverbial no-man’s land, under some key resistance lines and above a key support levels. Traders just aren’t sure what to do here, struggling to figure out if […]
Weighing The Week Ahead: Will The US Launch A Trade War?
The economic calendar is normal but featuring the monthly employment report. Usually that would be the focus, and it might become so by week’s end. Until the situation is clarified, the paramount question will be: has the US ignited a trade war? Last Week Recap My last full edition of WTWA, two weeks ago, asked whether […]
United States As Energy Exporter: Is It “Fake News”?
Much of the media coverage of the American energy industry implies that America has become a vast and growing exporter of energy to the rest of the world and that this has created a sort of “energy dominance” for the country on the world stage. Whether such reports qualify as so-called “fake news” depends very much on […]
Telecom Stock Roundup: Solid Q4 For ATUS, TDS, USM, WIN And FTR, Mixed Bag For AMT
The telecom industry witnessed strong earnings performances by most of the key stocks last week. Altice USA Inc. ATUS, Telephone and Data Systems Inc. TDS, United States Cellular Corp. USM, Frontier Communications Corp. FTR and Windstream Holdings Inc. WIN delivered strong financial results in the fourth quarter of 2017, wherein both the top and bottom line outpaced the Zacks Consensus Estimate. Total […]
