Weekly CEO News from Richard Ingram
October 19, 2015

The economic data released from China earlier this morning has been the most talked economic topic across almost every trading desk today. China’s Q3 GDP resulted in a small beat at 6.9% (Expected 6.8%), and the Sept Retail Sales also slightly better at 10.9% (Expected 10.8%) and then finally

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Podcast: Play in new window | Play in new window (Duration: 13:18 — 6.1MB) DOW + 14 = 17,230 SPX + 0.55 = 2033 NAS + 18 = 4905 10 YR YLD + .01 = 2.03% OIL – 1.07 = 46.19 GOLD – 7.10

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Biotech Stocks Holding Levels From Last Week’s Rally Biotech stocks outperformed the market today and Nasdaq rallied late in the day to beat other indices. Earning season is approaching with Biogen, Inc. (BIIB) on Wednesday and other large caps next

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Markets couldn’t establish any synchronized trends overall. U.S. markets were mixed while emerging markets and China stocks fell. Commodity markets weakened led by sharp declines in energy (crude oil) and metals while bonds didn’t gain any traction either. Economic data

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The Chart of the Day belongs to Concert Pharmaceutical (NASDAQ:CNCE). I found the biopharmaceutical stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha above 50.00+ then again for technical buy signals of 80% or better. Since the Trend Spotter

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A Chinese bank will soon join the London Bullion Market Associations (LBMA) silver price-setting process. According to a Reuters report, China Construction Bank signed a memorandum of understanding with CME Group (CME). It will join HSBC, JPMorgan Chase (JPM), Mitsui &

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(Photo Credit: Chris Potter) Tuesday, October 20 Wednesday, October 21 Chipotle (CMG) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports October 20 after the close. The Estimize consensus calls for EPS of $4.65, greater than Wall Street’s prediction for $4.62,

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The Chinese numbers have about as much credibility as Noah Cross, the villain in the movie Chinatown. The character is based upon the real-life first superintendent of the Los Angeles Water Department, William Mulholland. Mulholland is alleged to have lied to, cheated

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A Few Remarks on the Technical Situation In our last update on gold and gold stocks we discussed a simple method to identify whether or not an upturn was likely to morph into a longer term rally or not, based on market

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I look at about 1200 charts every single trading day, and a number of them are so trashed that they barely merit even a moment’s glance. One of these was Weight Watchers (WTW) which, until today, was simply a trashed

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