T2108 Status: 65.4%T2107 Status: 30.9%VIX Status: 15.1General (Short-term) Trading Call: Neutral (target of 1996 on the S&P 500 occurred ahead of overbought conditions. See “From the Edge of A Breakout to the Ledge of A Breakdown” for more details).Active T2108
October 18, 2015
by Jeff Miller, A Dash of Insight It is a very unusual week for data, with many of the major housing reports on tap and not much else. China’s GDP will be a big story over the weekend, and important earnings
Deals and Financings Innovent Biologics of Suzhou and Eli Lilly (NYSE: LLY) expanded their 10-year collaboration formed in March this year, granting Lilly ex-China rights to three new anti-PD-1 cancer drugs developed by Innovent (see story). Innovent will receive more than $1
Despite the wobbly start last week, the bulls took control again on Thursday and Friday to push the week back into the black. The move has yet to clear all the major hurdles that could prove to be technical problems,
The geopolitical and financial risks facing the global economy are well-known. Hot wars and currency meltdowns garner headlines around the world. But few even hear, much less discuss, four ticking global time-bombs: 1. The demographic time-bomb. 2. The public health time-bomb.
This may be one of the lowest turnover weeks in the Magic Formula screens that I can recall! A grand total of 3 slots turned over last week, 2 in the 50 over 50 million screen, and just one in the top
Quantitative Forecast Academic studies have shown that the most reliable way to determine future price movements from past price movements, is by use of momentum. In the Forex market, a momentum study is best applied to the four major Forex currency pairs by
by Michael Clark Considering that the US Dollar, gold and oil all seem to be pretty much natural adversaries, which is in a better position to advance in price in the near future? Looking at monthly charts…well, let’s look at
When real government interest rates are at zero percent or actually turn negative, what does that tell investors? If investors are willing to lend the government money without receiving any interest payments – or worse yet are willing to pay the government
The picture is a little depressing for the aerospace and defense sector as it steps into the third quarter earnings season next week. Economic growth is expected to have suffered in the third quarter of the year as the Atlanta
