Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that the retail apocalypse that made so
January 31, 2016
It’s been nearly a year since a grinning Doug McMillon recorded a video message to the world in which he explained that WalMart (WMT) was set to raise the minimum wage for its lowest paid employees. After all, McMillon said,
This past week Apple (AAPL) posted the highest quarterly earnings in American history. The reward for this incredible feat was a decline in share prices that chopped approximately $30 Billion off Apple’s market cap (that’s like wiping out the value
We have a lot of Chinese numbers coming out during the day so we think it’s going to be a very risk sensitive session on Monday. That being said, we look at a few of the charts. EUR/USD falling The
Markets were setting up for a push lower, but Friday’s upside break from consolidations triggered a wave of buying (and short covering). The buying was accompanied with higher volume accumulation. Shorts were left squealing by Friday’s action, and new shorts
After last week’s Fed statement, the market will be looking for some additional insight when Fed Vice Chairman Stanley Fischer speaks Monday. From MarketWatch: It is likely to be standing room only at the Council on Foreign Relations on Monday as
Chart analysis is one of the most widely misunderstood forms of financial market forecasting. It has been around for centuries, and Charles Dow, the founder of The Wall Street Journal and creator of the Dow Jones Industrial Average, was the
Insider buying declined last week with insiders buying $27.94 million of stock compared to $56.58 million in the week prior. Selling on the other hand increased with insiders selling $267.17 million of stock last week compared to $112.27 million in the week prior. The
Tesla (TSLA) supremo Elon Musk has once again been speaking about the future of the company, floating some particularly interesting product ideas in Hong Kong. Probably the most notable of these is the idea of a Tesla submarine; certainly this forthcoming Tesla idea
This chart courtesy www.macrotrends.net shows the price of gold compared to the US Monetary Base. The current ratio is at 0.30 and this is the lowest it has ever been. This makes gold the least expensive (compared to the monetary base), in
