Analyst Upgrades Steel Stocks On Signs Of Rebounding Demand
Macquarie upgraded several U.S. steel producers, saying that demand for steel should improve, while the recent downturn in the stocks has created a buying opportunity. The firm upgraded AK Steel (AKS) and Steel Dynamics (STLD) to Outperform from Neutral, and it raised its rating on Nucor (NUE) and U.S. Steel (X) to Neutral from Underperform. […]
Is Higher Education Worth The Cost?
(Video length 00:05:37) In this video, I’ll look at whether higher education is worth the cost. Tuition in the United States is soaring. Look at this chart from the American Enterprise Institute using data from the Bureau of Labor Statistics: [Chart shown at 0:16.] Naturally, student debt is soaring as well. The February 2017 Quarterly […]
Ebay Is Top Strong Buy Upgrade
For today’s edition of our upgrade list, we used our website’s advanced screening functions to search for UPGRADES to BUY or STRONG BUY with complete forecast and valuation data. They are presented by one-month forecast return. Bank of China (BACHY) is our top-rated upgrade this week and it is a STRONG BUY. Opiant Pharmaceuticals (OPNT) […]
One Bank Asks: “Who Will Burst This Bubble?”
Well damn. Just when everyone was excited about the prospect of Emmanuel Macron making it to the second round of the French elections where, according to the pollsters who regained a bit of legitimacy on Sunday evening, he’ll swiftly put down the populist uprising spearheaded by Marine Le Pen, SocGen’s Andrew Lapthorne decided to rain on the […]
A Long-Term Look At Treasury Yields
TNX – the yield on the 10yr US Treasury note – gained 0.22% last week closing at 22.37 but 14-day RSI remains below its own 20-dma; bearish. The break of support at 23.35 (now resistance) has opened a door for a return to 20.00. The monthly chart below shows how the long-term trend line has […]
Sugar Futures – Not So Sweet
The Mar 2018 Sugar Futures contract has completed a 10-month failure top on the weekly and daily graphs. The daily chart displays a possible 3- week bear pennant.I am interested in shorting Sugar Futures, even though it has fallen a long way from the Oct 2016 high.
Angst In America, Part 5: The Crisis We Can’t Muddle Through
<< Read Part 4: Angst in America: Disappearing Pensions “The ship of democracy, which has weathered all storms, may sink through the mutiny of those on board.” – Grover Cleveland, the 22nd and 24th president of the United States “It is your concern when your neighbor’s wall is on fire.” – Horace “The biggest mistake investors make is […]
5 Stocks To Buy As Existing Home Sales Hit 10-Year High
In a clear sign that the housing industry is on a firm footing, existing home sales surged to their highest level since Feb 2007 last month. A strong labor market has led to an increase in income levels which is leading to a surge in demand for housing. Home prices are likely to rise as […]
Metals Turning Down From Resistance
It has been a while since my last article, simply because we have been busy developing a range of tools for investor and traders to use, but we have now completed renovations to our site and have once again opened our doors to the general public, and that in turn has freed me up to […]
Exchange-Traded Funds Make Decisions Easy
Stock Market Forecast Big Picture: The broad stock market is working through a more complex corrective price pattern. My recent forecast, as displayed in the chart below, indicates that the next leg up is toward 2500.The market may be about to start a larger A-B-C correction to test the 2300 level to fully cleanse itself, before starting the next […]
