During the day on Friday, we had several announcements but nothing that is a huge concern. Because of this, we believe that the market will be very technically driven. Silver looking to break out Silver markets had a very strong
March 17, 2016
To my thinking once again, the best bulls can do is take us back to the ugly and unproductive trading range of 2015 & early 2016. Savant, I am not. I adhere to the philosophy of economist Edgar Fielder who
It’s easy… But, before we start, some context for just how different it is this time… if The Dow is able to hold this gain through the end of the quarter, it will be the largest quarterly comeback in the history
From June 2014 until late January 2015, oil prices (WTI) fell about 60%. From June 2015 until late January 2016, oil prices (WTI) fell about 60%. The exact track each annual trading history took to achieve those results is different
I’m going to do a longer post later, but I wanted to mention Apple. On a day in which markets vomited up to the highest levels of the entire year, Apple (AAPL) actually managed to lose some value. I think this is
Weekly Initial Unemployment Claims The market expectations (from Bloomberg) were 265,000 to 279,000 (consensus 270,000), and the Department of Labor reported 265,000 new claims. The more important (because of the volatility in the weekly reported claims and seasonality errors in
Tuesday the Valeant VRX released preliminary unaudited Q4 financial results and it did not go well. I perused the results, saw that the 2016 revenue forecast was shy of previous estimates and assumed the stock would rise 10% as usual.
Those who have followed our blog for some time now know that we are big proponents of technical analysis in reading the trends of the market. This type of examination can also be applied when we are analyzing individual sectors or
Apparel retailer Guess’, Inc. (GES – Analyst Report) reported fourth-quarter fiscal 2016 results, wherein earnings missed the Zacks Consensus Estimate, while revenues beat the same. Guess’ reported earnings of 57 cents per share, which declined 9.52% from the prior-year figure of 63 cents due to
