Earnings Reporting Season Kicks Off
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 138 = 20,453 SPX – 15 = 2328 NAS – 31 = 5805 RUT – 13 = 1345 10 Y – .06 = 2.23% OIL – .07 = 53.04 GOLD + 1.20 = 1288.80 JPMorgan Chase (JPM) kicked off a day of earnings reports […]
Clearing The Air On Verizon’s Dividend Safety
A number of readers have emailed me in recent weeks wondering about Verizon’s (VZ) dividend safety. Their anxiety developed after reading several articles online that suggested Verizon’s dividend was no longer sustainable because the company’s free cash flow did not cover it last year. However, Verizon scores a 93 using our Dividend Safety Scores, indicating that […]
Gold Rally Flirts With Major Breakout On Trump / Dollar
Fundamental Forecast for Gold: Neutral Gold prices are poised to close higher for the fifth consecutive week with the precious metal up more than 2.6% to trade at 1286 ahead of the New York close on Thursday. The advance comes amid softness in broader risk assets with global equity markets suffering minor losses ahead of the […]
Transportadora De Gas Del Sur – Chart Of The Day
The Chart of the Day belongs to Transportadora De Gas Del Sur (TGS). I found the Argentine pipeline stock by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 11/25 the stock gained 108.30%. Transportadora de […]
Market Talk – Thursday, April 13
Currency, namely YEN, was the main talking point for the day as then yen approached 109 over Two big figures on the week. This obviously the currency move hit the Nikkei which closed down -0.7% all surrounding the on-going geopolitical concerns. Late in US trading news that the USA had dropped a large devise on […]
CADJPY Technical Analysis April 13, 2017
CADJPY has been moving lower since December 2016. Price is entering an area where the pair can possibly bounce and reverse higher. There are a couple bullish patterns that seem to be forming and traders need to wait and see if CADJPY will find a bottom and terminate the bearish cycle that it is currently […]
Gold Poised – $1291 Is A Game Changer
By Ross Norman Gold is poised to crack the critically important $1291 level which is a trendline going to back to the all time high on September 22nd 2011 when gold hit $1922 an ounce. Conclusively breaching this trendline is to say we are very much back in a bull run. With $1291 breached there […]
Yext Shares Soar Over 25% In IPO
On Thursday, shares of Yext Inc. (YEXT), a “digital knowledge” company, soared over 25% in morning trading after its initial public offering. YEXT stock started trading on the New York Stock Exchange at $14 per share, above its IPO price of $11 per share, which the company finalized last night. This means it has raised at least […]
Chart Of The Day: Central Bank Intervention For Dummies
It’s become readily apparent to me lately that retail investors do not appreciate the extent to which the returns they’ve enjoyed since 2009 are directly attributable to central bank largesse. Normally, we could just write that off as harmless naiveté, but at this point it’s dangerous. Most investors have no conception whatsoever of the extent to which […]
