E Mid Cap Best & Worst Report – March 23, 2016
The best mid cap sectors is consumer goods. The highest scoring mid cap industry is trucking. The average mid cap score is 65.25 and that’s higher than the four week average score of 62.62. The average mid cap stock in our universe is trading -24.27% below its 52 week high, 0.83% above its 200 dma, […]
Great Graphic: Brexit Fears Boost Sterling Put Buying
The UK referendum is three months away. Three-month options are a common benchmark for various market segments; from speculators, to fund managers to corporations.Events over the past week have raised the risks that the UK votes to leave the EU. The market has responded forcefully today, and even if you only follow the spot market, what is happening […]
Markets Returning To Normality – New Home Sales Eyed
After the Brussels bombings took over the news, we are seeing some return to normality. The dollar seems to be in control for now, and the pound is the weakest link. New home sales in the US will shed some light on the housing sector while the weekly release of oil inventories could return to […]
Hess Corporation: Strong Liquidity Buffer Makes Stock Attractive
Analysis Overview – In the recent past, I have discussed several energy stocks from a liquidity and balance sheet perspective with Occidental Petroleum being the most discussion. The aim is to select stocks that can navigate the crisis with ease and maintain healthy credit metrics. Hess Corporation (NYSE:HES) is another stock in the exploration sector that has robust […]
FTSE 100: What Are The Levels Which May Induce Volatility?
The FTSE 100 has now spent more than three week’s trading around the same levels. While this is hardly encouraging for day trading, low volatility episodes tend to be followed by high ones. We also note that the longer a market trades sideways, the stronger a potential move could be, usually following a break to […]
3 Cheap Tech Stocks With Massive Growth Potential
Finding companies with the criteria you want isn’t always easy. You could spend hours searching ticker after ticker, only to find companies which aren’t worthy of your hard earned cash. An easier way to navigate through this is by using high quality stock screeners. Screening helps investors narrow down companies to invest in based on their […]
Tragedy Strikes And The GBP/USD Pair Falters
Europe was in mourning after Belgium suffered the worst terror attack in its history with 34 people dead and dozens injured – some severely. However, the impact of the Brussels bomb blasts had far-reaching ramifications across the English Channel in the United Kingdom. The GBP plunged from 1.4398 down to its closing level of […]
Gold: Weakens, Eyes The 1,225.71 Support Level
Gold: With Gold selling off strongly on Wednesday, further weakness is likely. This leaves the 1,225.71 level as the next support. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level. Further down, a cut through here will open the door for a move lower […]
Dollar Winning Streak Continues For Fourth Day Pushing Oil Lower; Futures Flat
Following two days of rangebound moves, where Monday’s modest market rebound was undone by the Tuesday just as modest decline (despite the early surge higher on the latest “bullish for stocks” European terrorism), overnight equity action continued to be more of the same, and as of this moment S&P 500 futures were unchanged, while European […]
