Here is what the chart would look like if it were trading in regular hours, after the Amazon earnings miss. How do you like my art work? Ugly, I know. That is it for me with the ‘bounce’ scenario. I
January 28, 2016
The consolidations developing in the market remained in play by the close of today’s business. Volume climbed in confirmed accumulation, which is a potential sign for an upside breakout from these consolidations. But with bearish lead-in trends, any upside breakouts
Future of Farming The future of farming has arrived. It’s vertical, soilless, and run by robots. Tech Insider reports World’s First Robot-run farm will harvest 30,000 heads of lettuce daily. The Japanese lettuce production company Spread believes the farmers of the
I forgot to mention that yesterday was Mozart’s birthday. His 260th I believe. His music is certainly the silver lining in life, some recompense for the ugliness that passes for success with our modern day Trimalchios of finance. Gold and
Quotable “The reason for the unreason with which you treat my reason, so weakens my reason that with reason I complain of your beauty.” Miguel De Cervantes, Don Quixote Commentary & Analysis Only the free market can save China…funny how we
Are corporations in great shape? Three consecutive quarters of declines in earnings suggest that they are not. Worse yet, record high leverage coupled with close-to-record low interest coverage indicate stress within corporate balance sheets. Beginning with the “profit recession,” it has become
You are probably aware that the U.S. markets are off to their worst start in recorded history. However many media commentators are bear market deniers and believe that there isn’t a bear market at all and stocks will go up
Visa (V) released its earnings results from the first quarter of fiscal 2016 after closing bell tonight, posting earnings per share of 69 cents per share, compared to the consensus of 68 cents per share. Revenue amounted to $3.57 billion,
It wasn’t that long ago that many were calling an end to the out performance that has persisted for years in the Vanguard Wellesley Income Fund (VWIAX) in light of rising interest rate concerns. After all, how could a fund shackled by
OPEC and Russia may be on the verge of coming together regarding production cuts, and the shorts are starting to get worried about a short squeeze in the market. Video Length: 00:16:38
