WTI Crude Oil And Natural Gas Forecast – March 15, 2016
WTI Crude Oil The WTI Crude Oil market fell initially during the day on Thursday but found the $38 level supportive enough to have the market bounce and form a hammer. This of course is a very supportive candle, so it’s likely that the buyers will return, at least for the short-term. I believe that […]
Daily Market Analysis – March 25, 2016
During the course of the day on Thursday, we get a handful of announcements that could move the markets, but quite frankly we don’t think any of him are going to be major. With this being the case, the market should continue to be fairly tight and therefore we are not looking for anything major […]
Dollar Index Back At Resistance, As Expected
The US Dollar fell to a four-month low last week with prices testing 94.50 support on dovish FOMC meeting. But prices managed to reverse their losses with the Dollar Index posting steady gains, for the most part, this week. Prices rallied for nearly four consecutive days after falling to the 94.50 support as noted in […]
Stock Consolidation: Which Way Is It Leaning?
Bullish Case vs. Bearish Case vs. 2016 Video Length – 00:37:18
QQQ And SPY Price Spikes And Targets
Today’s Price Spike and Target was Reached but there is still more upside potential! Price Spikes are a very short-term trade setup that typically reach their targets withing 48 hours and in most cases within 24 hours. I have covered these on great detail a few weeks ago when we had a wave of these […]
Reservoir Minerals Has Many Options To Enhance Value
Reservoir Minerals Inc. (RMC) has moved up sharply this month—over 50%—after Lundin Mining Corp. (LUX:TSX) made an offer to buy part of Freeport-McMoRan Copper & Gold Inc.’s (FCX) interest in its joint venture with Reservoir. But it remains a strong buy. Lundin agreed to acquire part of Freeport’s interest in the huge Cukaru Peki deposit in […]
Stocks Rise Despite All Evidence To The Contrary
Stocks opened with follow-through declines from Wednesday’s decline as dip buyers entered in the afternoon for another stick save to win a good headline for Main Street’s benefit. More bad news is good data was featured prominently as Durable Goods Orders fell to -2.8% vs prior 4.3%. PMI Services Index was weak when viewed by […]
Considering The Pros And Cons Of A Cashless Society
Stratfor analysts, Lynn Wise and Mark Fleming-Williams, discuss recent developments, along with the pros and cons, that are clearing the path towards a global cashless economy.
E Portola Pharmaceuticals, Inc. Falls 30% After Announcing Phase 3 Trial Failure
Today, shares of Portola Pharmaceuticals, Inc. (PTLA) fell by 30% after it announced that its oral anticoagulant drug betrixaban failed to produce significant results in a phase 3 study. The phase 3 study known as the APEX study tested patients using betrixaban against Sanofi (SNY) Lovenox — enoxaparin. Betrixaban failed to produce significant results against […]
This Japanese Classic Turns Market Emotion Into Cold, Hard Cash
I’ve been trading and teaching for more than 25 years. Since 2009, I’ve taught 300,000 traders the specific ways they can spot high-probability, low-risk trades. So I think this is the perfect time for an “anniversary present.” It’s a priceless antique, more than 300 years old, and it comes all the way from the Japan […]
