58.Com – Chart Of The Day
The Chart of the Day belongs to a turnaround stock called 58.com (WUBA). I found the on-line retailer by using Barchart to sort today’s Top Stocks to Own list first by the most frequent number of new highs in the last month, then again by technical buy signals of 80% or better. Since the Trend Spotter signaled a buy on 7/7 […]
World Markets Update – Monday, July 17
All eight indexes on our world watch list have posted gains for 2017 through July 17. The top performer thus far is India’s BSE SENSEX with a gain of 20.46%, followed by China’s Hang Seng not far behind at 20.32%. In third is our own S&P 500 with 9.84%. The Last Four Weeks The tables […]
Stocks And Precious Metals Charts – No One Sees, No One Knows
“It is no exaggeration to say that since the 1980s, much of the global financial sector has become criminalised, creating an industry culture that tolerates or even encourages systematic fraud. The behaviour that caused the mortgage bubble and financial crisis of 2008 was a natural outcome and continuation of this pattern, rather than some kind […]
Qualifying Shortage (Labor)
There isn’t a day that goes by in 2017 where some study is released or anecdote is published purporting a sinister labor market development. There is a shortage of workers, we are told, often a very big one. The idea is simple enough; the media has been writing for years that the US economy was […]
Advent/Claymore Enhanced Growth & Income Fund Announces Final Results Of Tender Offer
NEW YORK, July 17, 2017 (GLOBE NEWSWIRE) — Advent/Claymore Enhanced Growth & Income Fund (NYSE:LCM) (the “Fund”) announced today the final results for its tender offer for up to 4,420,984 common shares (“Shares”) of the Fund (approximately 32.5% of the outstanding Shares) (the “Tender Offer”). The Tender Offer commenced on June 12, 2017 and expired […]
USD/JPY Bumpy Road Towards 111.80
Although USD/JPY ended the day marginally higher (we’re talking 10 pips or so), the fundamental and technical picture hasn’t changed. U.S. data continues to disappoint with the Empire State manufacturing index dropping 10 points in July. This decline was much larger than anticipated and highlights the disconnect between U.S. data and Fed policy. U.S. policymakers […]
Great Income Trade Opportunity In HEES
As income investors, we seek to create consistent monthly income by selling options to collect monthly premiums. This has been successful for our investors for years. Option selling offers another method to diversify investing strategies beyond traditional dividend investing. We have combined technical stock events with our strategy to identify high returns option selling opportunities. This […]
E Nasdaq Is Doing Its Thing
A tool to help confirm the overall market trend is the Bullish Percent Index (BPI). The Bullish Index is a popular market “breadth” indicator used to gauge the internal strength/weakness of the market. Like many of the technical market internal indicators, it is used both to confirm a move in the market and as a […]
Market Talk – Monday, July 17
The better than expected GDP release we saw from China was unfortunately, only a positive influence for a short period, then profit taking and summer liquidity took over. Shanghai has had a good run so far but having had the Index inclusion and probably suffering from a stronger currency. Second quarter released at 6.9% compared […]
