Are Comdols In The Cross-Hair If Oil Prices See $35?
Quotable “Soon you will be where your own eyes will see the source and cause and give you their own answer to the mystery.” ― Dante Alighieri, Inferno Commentary & Analysis Are Comdols in the cross-hair if oil prices see $35? Based solely on our wave analysis, the short answer is yes.And near-term, the price […]
Avoid Select Energy IPO Set To Launch On Friday
Overview Select Energy Services (NYSE: WTTR) filed an S-1/A with the Securities and Exchange Commission and is expected to IPO this Friday, April 21, 2017. The company is offering 10.6 million shares of its common stock at a marketed price range of $15 to $18. It also has an additional 1.59 million shares as an overallotment option for […]
Trading Momentum, S&R And Patterns
The EUR/USD, GBP/USD and USD/JPY are analysed step by step looking at multiple frames and analysing Admiral Keltner band, Pivot Points, Fibonacci levels and trend lines. Discover what trading plan Chris will use for the upcoming trading week, also on Gold, EUR/JPY, and EUR/GBP. Video Length: 00:53:21
HH Better Big Pharma Dividend Stock: AbbVie Or Gilead?
Pharmaceutical companies are among the strongest dividend growth stocks in the market. For example, AbbVie (ABBV) and Gilead Sciences (GILD) both currently sport above-average dividend yields. When it comes to dividends, AbbVie has a head start over Gilead. Going back to its days as a subsidiary of Abbott Laboratories (ABT), AbbVie is a Dividend Aristocrat, a […]
EUR/USD Rallies To ’Decision Point’
EURUSD Daily Technical Outlook: EURUSD is testing resistance at the 1.07-handle where the 50% retracement of the March advance converges on the 61.8% line of the ascending pitchfork formation. Note that this level sits just above the monthly opening-range and if compromised on a close basis, would shift the focus higher in the pair heading deeper into […]
Taxes Are Worse Than You Thought
We are quickly approaching the deadline for filing (and paying) our federal and state income taxes (extended to April 18 this year because of Emancipation Day), and that means it’s time for my annual post at tax time to help put things in perspective. 1. Some Historical Perspective. “In the beginning” when the US federal income […]
US Restaurant Industry Suffers Worst Collapse Since 2009
What tentative hope had emerged for a rebound for the U.S. restaurant industry at the start of the year, was doused last month when in its February Restaurant Industry Snapshot, TDn2K found that “Restaurant Sales and Traffic Tumble in February” and reported that same-store sales fell -3.7% in February, with traffic declining -5.0%. It did, however, leave a possibility […]
Trump Redraws The Thin Red Line In Banking
If I had to pick one event that led to the housing bubble and subsequent financial crisis, it wouldn’t be difficult… The answer is easily the erosion of the Glass-Steagall Act — also known as the U.S. Banking Act of 1933. In the purest spirit of the legislation, Glass-Steagall was intended to keep commercial banking […]
Forex: The General View Remains Bullish
Good day to all, after the long weekend we are back into trading action with the Dollar weakened at the end of last week but bulls still hoping for a full-scale reversal. For me, the key level to watch out is the 101.50 in the short-term Dollar index chart and the 98.80 support and March […]
Netflix Earnings Yield Mixed Results, Share Prices Slightly Up
Netflix Earnings On Monday after the market closed, Netflix Inc. (NFLX) announced first quarter results that were slightly better than expected but missed on the amount of users added. The company the earned 40 cents per share on $2.64 billion in revenue which was in line with analyst expectations. This is compared to $1.96 billion […]
