Add These 4 Retail Stocks To Your Black Friday Shopping List
With Q3 earnings season nearly over, the focus is likely to shift to the retail sector, which hogs all attention with the advent of the holiday season. Retail stocks get a thrust during this busiest part of the year, which is often a make-or-break time for retailers. As the countdown to Black Friday begins, investors […]
Russell 2000 And Semiconductor New Highs / S&P Breaks
The S&P broke higher to confirm a ‘bear trap’ and also closed at a new all-time high. Volume climbed to register an accumulation day but there were further losses in relative performance and continued losses in the MACD. The Nasdaq posted a gap-driven 1% gain to bring it ever closer to channel resistance. It […]
How To Hedge Against A 5% S&P Decline From Tax Reform Failure
Earlier today, we brought you some excerpts from Goldman’s year ahead S&P outlook which is now ricocheting around the financial media and should serve to further embolden retail investors who are just fine with Goldman as long as the Squid is telling them what they want to hear (in this case that the market is going to […]
The Front Of The Natural Gas Strip Keeps Deteriorating
Another trading day, another down day for prompt month natural gas. That is now 6 out of the last 7 trading days that have seen losses for the December natural gas contract, and yet even with further losses today we have not entirely closed the gap below. The continued trend recently has been losses almost […]
Gold’s New Seasonality
Brien Lundin joins me today to shares his thoughts on the range bound gold market. Considering gold is still up around 10% this year it is really not getting any attention. We ask the question where is the momentum going to come from? Audio Length: 00:13:15
Stocks And Precious Metals Charts – Confronting The Unspeakable
“We are slow to master the great truth that even now Christ is, as it were, walking among us, and by His hand, or eye, or voice, bidding us to follow Him. We do not understand that His call is a thing that takes place now. We think it took place in the Apostles’ days, but we […]
Using The Correct Start Date Is Key
The former Federal Reserve Chairman doth protest too much, methinks. The answer to why Ben Bernanke is still defending QE is obvious. Had it worked, I mean really worked, he would be today universally hailed as the greatest monetary steward since Bagehot. Though he wrote a book trying to cast himself in that way, the […]
IBM Likely To Make Comeback Despite Buffett Selling More Shares
International Business Machines Corp. (NYSE: IBM) is an old-school tech firm that the millennial generation may not be all that familiar with. And one of the firm’s most famous shareholders, the very old-school Warren Buffett, sold off yet more of the technology giant’s stock in the third-quarter. In 2011, the world’s most affluent investor acquired a 5.5% stake in […]
The Fed Gets Ready To Follow Markets
“Davidson” submits: History often reveals truths which counter the myths of near term thinking. The phrase, “This time is different”, has been debunked so often that it should be a sign of someone speaking without any historical perspective. Little recognized is the pattern of Fed Funds rate changes since 1953. The Fed has a long […]
Fanhua – Chart Of The Day
The Chart of the Day belongs to Fanhau (FANH).I found the Chinese insurance broker by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to review the chart for consistent price appreciation. Since the Trend Spotter signaled a buy on 9/1 the stock gained 147.68% Fanhua Inc. is […]
