Oil And IBM Crash On Wednesday
The three news items which drove equities on Wednesday were the drop in oil prices, the drop in IBM’s stock, and the Fed’s Beige Book. I recently called IBM a zombie stock because of its revenue declines. The weakness is finally being reflected in the stock as it is down about 11% since March 1st. […]
Perfect Retracement To Support For Goldman
I’ll just toss out this chart, then I’ll say something unrelated…. OK, so the next three days are going to be rather unusual, because I’ll be traveling. In-the-know Slopers know what a powerful “indicator” my traveling can be, so trade accordingly. The most important point is that I won’t be wet-nursing the blog to the […]
Current Watchlist – April 20, 2017
My current watch list involves the following companies Qualcomm, AT&T, BHP Billiton, T. Row Price Group and Exxon Mobile. As you can see the list is relatively large but let’s dive into every stock a little deeper. Qualcomm Inc. Qualcomm just inreased the dividend by 7.5% to a new yearly dividend of 2.28 USD per share. Based on the […]
Stock Market “Going Nowhere” Short To Medium Term
Stock market indexes gain around 1 percent today. Small cap index Russell 2000 is about close around 1382 points, a gain of 1.15 percent, the best performing U.S. stock market index of the day. How meaningful was today’s strong day in the stock market mean in the bigger picture? In order to answer that question, […]
Buy-Ranked Mid-Cap ETFs For A Shaky Market
The first quarter was great for the U.S. stock market with the major benchmarks logging in the best quarterly performance in many years. However, the bullish trend seems to be stalling with the rise in volatility and uncertainty as well as fading of Trump trade. This is especially true against the backdrop of feeble data […]
Stocks, Dollar, Yields Rally On Mnuchin Tax Cut Comments
In a day full of upside catalyst for the reflation trade including the strong TIPS auction, the speculation that the Obamacare repeal effort is back on track, and perhaps best of all the absence of hard data (today’s Philly Fed “soft data” was, well, quite soft), the dollar, the S&P and Treasury yields all rose, […]
Bonds Lead The Way Before The SPX Rallies
The stock market rally, bond lead the way before the SPX rallies, short term trading, swing trading, bond market, bond futures, /ES futures stocks bonds. stock market trading, relative value trading, fed futures trade, finance invest. Video Length: 00:03:33
Philip Morris Earnings, Sales Miss Estimates In Q1
Philip Morris International Inc. (PM – Free Report) reported weaker-than-expected first-quarter 2017 results, wherein both earnings and revenues lagged the Zacks Consensus Estimate. Shares were down 3.4% in the pre-market trading. The weak results were primarily due to lower cigarette volume and certain timing factors. Adjusted earnings per share of 98 cents missed the Zacks Consensus Estimate of […]
The Blockchain Could Change The Backbone Of The Stock Market
Modern technology enables stock markets to be faster and more complex than ever. But while the speed of order executions are infinitely more impressive across the board, the conceptual backbone behind the stock market itself hasn’t changed much. In fact, the model we use today for settling trades and ensuring proper share ownership is still […]
The Fiduciary Rule Educates The Public
Our Chief Compliance officer Rafael Perez provides a good overview of the Fiduciary Rule below. In coming months, he’ll be writing a series of articles on legal standards related to brokers and advisers. Our industry has become a thicket of rules and regulations with compliance an increasingly complicated and costly issue for RIA firms. As […]
