GDX ETF Looking Bearish, Ready To Fall 25 Pct
Gold has lost 1.5 pct since the close last week. The French election outcome supported risk assets, and traditional safe havens like gold, Treasuries and the Yen got sold. InvestingHaven’s research team forecasted that both gold was close to a new bullish or bearish trend, based on the chart setup seen in the article. Just three weeks after that […]
Las Vegas Sands Corp. Q1 Profit Beats As Revenue Matches View
Las Vegas Sands Corp. (NYSE: LVS) Wednesday posted solid first quarter earnings results, as it continues to invest heavily in overseas gaming.
Massive Shifts In ETF Relative Strength
Two weeks ago, we noted that compression in the momentum scores often precedes and precipitates massive shifts in ETF relative strength. This week, we can see these compression-induced changes playing out in the rankings. French election results pushed all of Europe higher, Technology moves to the top of the sector rankings, and Momentum continues to be […]
Melco Resorts & Entertainment – Time To Cash In Your Chips
Source: Melco Crown Entertainment We are closing out our bullish call on Melco Resorts & Entertainment (MLCO) and are moving to a neutral posture. Since we made our bullish call on MLCO 2 months ago, the stock has appreciated from $16.06 to a recent price of $21.70, for a gain of about 35%. While we […]
Most Active Stock Options For End Of Day – Wednesday, April 26
Most Active Stock Options For End Of Day April 26, 2017
PayPal Inc. Skyrockets After Earnings Beat, Guidance Boosted
PayPal released its latest earnings report after closing bell tonight, posting adjusted earnings of 44 cents per share on $2.98 billion in revenue. Analysts had been expecting $2.93 billion in revenue and 41 cents per share in earnings. In last year’s first quarter, the digital payments processor reported non-GAAP earnings of 37 cents per share […]
Market Talk- April 26, 2017
Strong US earnings are matching or indeed breaching expectations and the DOW is reflecting the confidence. Well, that is how the mainstream opinion feels – which is always good to know. Asia followed the momentum with the core reflecting strong daily returns. The Nikkei closed another 1% higher, this time with the Yen continuing to […]
Stocks Stumble As Treasury-Bill Curve Inverts. ‘Animal Spirits’ Slump
So to sum up – US testfires a Nuke, Govt Shutdown looms, Trump Tax plan is a wishlist with no details, Canadian mortage lenders collapse, and animal spirits tumble – stocks close unchanged… so we thought this would help… Bonds and Bullion were bid after the Trump Tax plan was unveiled and banks and stocks sank… […]
Clean Energy Stock Canadian Solar Breakout Candidate In 2017
Canadian Solar is a small cap clean energy stock trading on the Nasdaq. It has a market cap of $800M. The stock closed today 0.07% higher. In April 2017, though it went up 15%. The company offers photovoltaic energy solutions across the globe. Interestingly, the clean energy stock market sector rallied sharply in 2013 on the prospects […]
Sell EUR/USD Pre-ECB
The EUR/USD’s inability to sustain its gains above 1.0930 bad news for the currency. The ECB meets tomorrow and chances are Mario Draghi will take the opportunity to emphasize the central bank’s dovishness. Although most of the recent economic reports from the Eurozone have been positive, the central bank’s hands are tied because inflation […]
