Gold Daily And Silver Weekly Charts – Silver Shows More Staying Power Than Gold
Silver showed a little more staying power than gold, which is not all that surprising because gold has been leading all the way up this year, and the gold/silver ratio is at some historic highs. The US dollar gained back a little of what it had lost after the Fed meeting last week. There was […]
5 Low-Debt Stocks That Promise Steady Returns
With an uncertain market scenario and speculations rife over a rate hike by the Fed, companies with a low debt level are undoubtedly the safest bets. Upbeat domestic economic data coupled with 242,000 job additions in Feb 2016, easily surpassing the consensus estimate of 194,000, have lifted the U.S. GDP growth estimate by 1%. Meanwhile, […]
Valspar, Sherwin-Williams Merger Could Lift Entire Paints Sector, Analysts Say
Sherwin-Williams (SHW) announced on Sunday an agreement to acquire its smaller paints and coatings rival Valspar (VAL) for $113 per share in cash. Weighing in on the news, several Wall Street analysts argued today that, beyond generating as much as $4.00 in additional earnings per share for the new company, the merger could lift the […]
The Housing Story Is Really Inventory
Existing home sales as reported by the National Association of Realtors fell 7.1% in February 2016 from the month before. It was a very large decline but followed a two-month surge beginning December 2015; which itself came after an unusually large decline in November. In other words, housing and home sales seems to be that […]
Can Nike Run Away With Strong Earnings?
Photo Credit: Josh Hallett Nike Inc (NKE) Consumer Discretionary – Textiles, Apparel & Luxury Goods | Reports March 22, After Market Closes Key Takeaways The Estimize community is looking for EPS of $0.50 and revenue of $8.20 billion, 2 cents higher than Wall Street on the bottom-line, and right in line on the top In the past […]
Nasdaq Agrees To Acquire Boardvantage
NEW YORK, March 21, 2016 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq:NDAQ) today announced that it has entered into a definitive agreement to acquire Boardvantage, a leading board portal solution provider which also specializes in leadership collaboration and meeting productivity. The acquisition, along with the recently-closed purchase of Marketwired, is expected to strengthen Nasdaq’s position as […]
E Taking Profits On Our Short Yen Put Spread
Our position in the Currency Shares Japanese Yen Trust (FXY) March, 2016 $89-$92 in-the-money vertical bear put spread expired over the weekend at it’s maximum potential profit point. You earned a 15.4% profit on the trade in only 16 trading days, or $1,540 on 38 contracts. It’s better than a poke in the eye with […]
Is The Gold Miner Rally Wyckoff-Friendly?
Positive Wyckoff logic likes to see higher volume on up swings and lower volume on down swings. One way to test this is to measure the Net Volume change (or OBV). Net Volume is simply up day volume less down day volume over a selected time period. In the chart below OBV Net Volume indicator […]
Money Monday With Strong Trades
Happy Monday everyone! We nailed it AGAIN today with incredible accuracy across the trades we took. I started the day with $RMTI $ADXS and $KTOV on my watch list. I noted that $KTOV had an especially interesting setup being a recent IPO and just below all time highs. $KTOV ended up being the big winner […]
