Market Rates – Tuesday, April 25
The market is in a good spot. Earnings are good, the news is good, and the chart pattern carved out a very nice base to spring higher. So has the medium-term uptrend resumed? The market has moved a lot in a very short period of time. We went from oversold to overbought in just a […]
Chemical Activity And T-Bill Spread Indicate Higher Markets Ahead
“Davidson” submits: The Chemical Activity Barometer(CAB) was reported at an all time high once again. The SP500 on the French primary outcome has surged higher as have Intl LgCap issues and the US$ is lower. The sands of economics are shifting and it all suggests we are likely to see much higher stock markets the […]
GDX/GLD Ratio Leads The Way For GDX
SPX Monitoring purposes; Long SPX on 4/24/17 & 2374.15. Monitoring purposes Gold: Neutral Long Term Trend monitor purposes: Neutral. How the March 1 high is tested will tell a lot about the strength of the market. A strong rise through the March 1 high would be a longer term bullish sign. A test of the […]
Why Deviating From Global Bond Weighting Is Smart Indexing
When it comes to equity indexing I am a huge fan of trying to replicate something pretty close to global cap weighting. There are mountains of evidence showing that anything other than this is a recipe for poor performance. But when it comes to bonds the story is very different. In fact, more active bond […]
Timberland Bancorp Earnings Per Share Increased 24% To $0.42 For Its Second Fiscal Quarter Of 2017
Timberland Bancorp, Inc. (Nasdaq: TSBK) (“Timberland” or “the Company”) today reported net income of $3.13 million, or $0.42 per diluted common share, for its second fiscal quarter ended March 31, 2017. This compares to net income of $2.38 million, or $0.34 per diluted common share, for the quarter ended March 31, 2016, and net income of […]
A Matter Of How Much Hot Air
A hot air balloon is made of a fabric gas bag (envelope) with an opening at the bottom. Attached to the envelope is a basket that carries passengers. The burner, fueld by propane, injects a flame which heats the air within. Hot air balloons cannot fly beyond the atmosphere. Much the same can be said […]
Illumina Q1 Earnings Rise, 2017 Forecast In-Line
Written by StockNews.com Illumina, Inc. (ILMN) late Tuesday posted solid first quarter earnings results and offered a mixed outlook, with second quarter guidance well below the street, but full-year estimates in-line with expectations.
Chinese Stocks Give Up Trump Gains As $1.7 Trillion Source Of Funds Unwinds
The Chinese and U.S. stock markets are going in opposite directions, as an intensifying crackdown against leverage has slammed the recently ‘stable’ Shanghai Composite over the past week, erasing all post-Trump gains. The relationship between the two markets is the weakest since August 2008 – just before the collapse of Lehman unleashed chaos on the global financial system. Bloomberg […]
Dow Jones News: Dow Surges 232 Points As Wall Street Cheers President Trump’s Tax Reform Push
The Dow rallied over 200 points thanks to increased optimism President Donald Trump will be able to push pro-growth economic policies through Congress in 2017. Let’s look at the numbers from Tuesday for the Dow, S&P 500, and Nasdaq: Closing Bell April 25, 2017 Trading Point Gain/Loss Percentage Gain/Loss Dow Jones 20,996.12 + 232.23 + 1.12% S&P 500 […]
