T2108 Status: 19.9% (Day #3 of oversold period that followed 11-day oversold period after one day).T2107 Status: 22.3%VIX Status: 23.2General (Short-term) Trading Call: BullishActive T2108 periods: Day #3 under 20% (this oversold period followed 11-day oversold period after one day),
September 13, 2015
A late flourish on Friday has opened up the chance for a big short covering rally. Shorts will need a loss of Friday’s lows to bring a break of rising support. Longs probably have the easier path, but it could
I’m finally starting to see some signs of hope on the Twitter (TWTR) stream for the S&P 500 Index (SPX). Last week’s rally lifted daily sentiment readings for the most part, and the strong rally on Tuesday resulted in a
What are SOEs? Who Benefited From Them? SOEs are State Owned Enterprises. The SOEs made millions for the people who controlled them, largely corrupt local politicians along with the politicos friends and associates. The SOEs also created jobs, but did
Microsoft has acquired Israeli cloud security company company Adallom for $250 million. In November, Microsoft acquired Aorato, another Israel-based cyber-security company, for $200 million. Microsoft is betting big on cloud computing for the enterprise and wants to offer world-class security
And now, here I am at the Tejon Pass Supercharger, making my way back up to my beloved Palo Alto. My young daughter is going to have trouble sneaking up on people due to the medals dangling from her neck;
Despite the attention-grabbing economic volatility that is grabbing headlines, it’s important to keep our eye on the energy story firmly in focus. This is especially true as the headlines we regularly read about Peak Oil being dead are “manifestly false”
Investors tend to make ‘contrarian’ investing choices too early in the cycle. Basically, the price of an asset can be trending higher, lower or sideways. When an asset is declining in price, it remains in a downtrend until proven otherwise.
In Wednesday’s column we discussed the current volatility in the market as well as the high beta areas within equities such as the high-flying biotech sector. Emphasis around this sector was placed on why it is important to have 50% to
Earlier today we got a look at fixed asset investment in China and the picture was most assuredly not pretty. Indeed, FAI growth was the weakest in 15 years, underscoring the degree to which China’s 7% headline GDP prints are at best
