GDXJ Update… Breaking Out
Today the GDXJ is breaking out above its neckline. Again I was looking for a little more chopping action between the neckline and the neckline symmetry line before the breakout, but so far it’s not happening. I’m going to take my second position and buy 150 shares at the market at 35.34 with the sell/stop […]
HTG Molecular Diagnostics Announces Proposed Public Offering Of Common Stock
TUCSON, Ariz., Jan. 16, 2018 (GLOBE NEWSWIRE) — HTG Molecular Diagnostics, Inc. (Nasdaq: HTGM) (HTG), a provider of instruments, reagents and services for molecular profiling applications, today announced that it intends to offer and sell, subject to market and other conditions, 10,000,000 shares of its common stock in an underwritten public offering. All of the shares […]
Weekly Gasoline Price Update: WTIC Up Again – Tuesday, Jan. 16
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were up four and three cents, respectively, from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.27 and Santa Barbara, CA is the most expensive city, averaging […]
Bitcoin Technical Analysis: Big Bear Move
Will Bitcoin drop to the potential that the pattern suggests? Is it a buying opportunity? Video Length: 00:11:44
The Top 10 PE10 Part 2
Here’s an updated scan across countries and regions to find the top (and bottom) PE10, and follows on from a previous version I shared back in August last year. Briefly, on methodology, the PE10 is a stock market valuation metric which compares the stock index to the average earnings of the past 10 years. The reason to […]
Parabolic Moves Don’t End By Going Sideways
Since coming back from New Year’s vacation, the US stock market has become a gong show. The mad rush into stocks has more resemblance to a cafeteria food fight than a regular functioning market. Strategists are falling all over themselves with exuberance. Ralph Acampora, the “Godfather of technical analysis” is so bullish he needs to […]
5 Construction Stocks Set To Carve A Beat In Q4 Earnings
The upcoming construction sector earnings results are expected to benefit from economic growth, the labor market, higher demand, tighter inventories and rising home prices. These positive factors are reflected in the improving estimates picture for the sector ahead of the major earnings releases starting next week. After the solid 3.1% economic growth in the […]
My 5 Favorite Mid Cap Stocks – Tuesday, Jan 16
Today, I wanted to find 5 Mid Cap stocks that had great returns over the past year and still seem to have some juice left. Today’s watch-list includes: Scientific Games, IPG Photonics, KB Homes, First Solar and NVR Inc. Scientific Games (SGMS) Barchart technical indicators: 169.07+ Weighted Alpha 100% technical buy signals Trend Spotter buy signal Above its […]
Crypto-Currencies Crash Bringing Related Companies Down With Them
Shares of cryptocurrencies like Ripple, Ethereum and the granddaddy of all, Bitcoin are falling today, bringing the shares of related publicly-traded companies down with them. BANK HALTS WIRE TRANSFERS: Over this past weekend, Fortune reported that Metropolitan Bank Holding Corp, which had facilitated the operations of cryptocurrency companies and investment firms, halted all “all cryptocurrency-related […]
