Oil Up-Cycle
Oil traders have amassed a record long position in oil as global demand rises and supply of distillate stocks remain tight. Money managers increased their net longs by 28,297 contracts to 409,963 or equivalent of nearly 410 million barrels of oil, according to Reuters. This comes as U.S. shale producers hold off on adding oil […]
2 Of 3 Investing Methods Will Leave You Short
On a daily basis, there is a litany of articles and advertisements encouraging you to invest your savings with the promise of future wealth and retirement security. But which is right? First, let’s clear up a misconception. You are NOT an investor. You are a SAVER. You go to work every day, work hard for the […]
Let’s Leave The World Economy Death Spiral
Capitalism requires capital. The process of industrialization is partly one of technological advance, but it is also one of increasing capital use in the economy. But when the return to capital is forced below zero, as in the last decade, the capital base shrinks, the economy misbehaves and productivity declines, in spite of technological wizardry. […]
EVIO Labs Looks To Capitalize On Increasing Demand For Lab Testing
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Demand for legal marijuana continues to increase as new markets open and existing markets expand. This trend is just getting started and has created countless opportunities for ancillary businesses. As the marijuana industry […]
Uncertainty Along Record Highs, Will Stocks Continue Higher?
Briefly: Intraday trade: Our Friday’s intraday trading outlook was neutral. It proved partly wrong because the S&P 500 index lost 0.3%, following slightly lower opening of the trading session. The market retraced some of its Thursday’s move up on Friday. We still can see negative technical divergences along with medium-term overbought conditions. Therefore, intraday short […]
EUR/USD And GBP/USD Forecast – Monday, Nov. 20
EUR/USD The EUR/USD pair rally during the day, but gave back about half of the gains to form a shooting star. Because of this, I think that the market could pull back to a significant support at the 1.17 level. That’s an area that was the previous neckline for the head and shoulders pattern that […]
Morning Call For Monday, Nov. 20
OVERNIGHT MARKETS AND NEWS Dec E-mini S&Ps (ESZ17 -0.06%) this morning are down -0.02% on concern over passage of U.S. tax reform legislation. European stocks are up +0.23%, led by strength in automakers, after Volkswagen AG raised its 2020 sales growth forecast to 25%, up from a forecast of 20% in March. The upside in […]
Acorda Discontinues Tozadenant Development Program
Acorda Therapeutics announced that it is discontinuing its clinical development program for tozadenant, an investigational treatment for Parkinson’s disease, including immediately discontinuing dosing of all participants currently enrolled in its tozadenant studies. The company made this decision based on new information obtained from the Phase 3 program related to previously disclosed agranulocytosis and associated serious […]
ShotSpotter Could Get Shot Down By Lockup Expiration
December 4, 2017 concludes the 180-day lockup period on ShotSpotter, Incorporated (SSTI). When the lockup period ends for SSTI, its pre-IPO shareholders, directors, and executives will have the chance to sell their approximately 4.4 million shares of previously restricted shares. (Source: S-1/A) The potential for a sudden increase in stock available in the open market […]
BTC/USD Forex Signal – Monday, Nov. 20
Last Thursday’s signals were not triggered, as none of the key levels were ever reached Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered between 8am London time and 5pm New York time, today only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next touch […]
