Sensex Plunges 240 Points; ITC Stock Price Crashes

Sensex Plunges 240 Points; ITC Stock Price Crashes

Asian equity markets are lower today after a muted session on Wall Street and a mini-crash in Chinese stocks yesterday that some have deemed a “Black Monday” on the mainland. The Shanghai Composite is off 0.31% while the Hang Seng is down 0.21%. The Nikkei 225 is trading down by 0.63%. US equities fluctuated on Monday as investors geared up […]
Chart Of The Day – Third Times A Charm?

Chart Of The Day – Third Times A Charm?

Not Happening

Not Happening

Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 8 = 21,629 SPX – 0.13 = 2459 NAS + 1 = 6314 RUT + 2 = 1431 10 Y – .01 = 2.31% OIL – .54 = 46.00 GOLD + 5.30 = 1234.70 BITCOIN – 1.51% = 2210.29 USD ETHEREUM + 6.95% […]
Bull-Dog Of The Dead

Bull-Dog Of The Dead

Perhaps you came to the market this morning all dressed up and rearing to go. By the end of the session, ahead of earnings on many significant stocks (NFLX numero uno), you might have left like this bulldog of the dead. Last week, the market ended poised for something big and bigger. The Dow, S&P 500 […]
58.Com – Chart Of The Day

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

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

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)

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

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 […]