During the session on Friday, we should continue to show a lot of volatility when it comes to Europe. However, with the ECB working against the value of the Euro, the markets moved a bit too far during the day.
October 22, 2015
Do you see this chart? In the old days when a world famous policy maker would jawbone about QE gold would sky rocket vs. the stock market. Now? This does not look like a lack of confidence in policy making
The Chart of the Day belongs to Hawaiian Holdings (HA). I found the regional airline stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha of at least 50.00+, then again for technical buy signals of 80% or better.
Amazon released its third quarter earnings report after closing bell tonight, posting profits of 17 cents per share on $25.4 billion in revenue, a 23% increase year over year. Analysts had been projecting losses of 13 cents per share and
US Markets rallied today on some strong pre-open earnings reports and a dovish signal from ECB president Mario Draghi. The S&P 500 surged at the open and continued to rally to its 1.80% intraday high during the lunch hour. It then gave
Gold could not seem to rally today, although silver caught a little upside action, and stocks in general were going crazy to the upside, particularly in the futures after the bell thanks to the tech giants Aphabet (Google) and Amazon.
The “old economy” may be on the verge, if not already in a recession, but the “virtual/advertising economy”, especially the one connecting the smart phone in your hand to some cloud, is thriving, and as a result Nasdaq is soaring
The headlines for existing home sales say “while current price growth around 6 percent is still roughly double the pace of wages, affordability has slightly improved since the spring and is helping to keep demand at a strong and sustained
The U.S. stock market is running up against a few major headwinds. These headwinds will likely cause the S&P to fall below 2000 again in the short term. Here are the 3 headwinds. The 200 daily moving average There is
Microsoft (MSFT – Analyst Report) reported its first quarter 2016 results after the closing bell this afternoon. Having topped estimates by an average of 13.12% in each of the last four quarters, Microsoft was looking to continue its run of success. Coming
