So sayeth bulls wanting who revel in weak economic news means more sugar from Mama Yellen. It’s just the way those who control the tape want you to understand. Orwellian thoughts and policies dominate the tape now. Let’s see, we
NVIDIA Corp. (NVDA – Analyst Report) released their fourth quarter fiscal 2016 earnings results, posting earnings of $0.35 per share and revenue of $1.40 billion. Currently, NVDA has a Zacks Rank #3 (Hold), but it is subject to change following the release of
For months now, the correlation between stocks and crude oil has been discussed ad nauseam. Excluding the energy sector, the S&P 500 Index typically moves inversely to the price of “black gold.” When oil goes up, stocks go down, and vice versa.
The Chart of the Day belongs to Edwards Lifesciences (NYSE:EW). I found the medical instruments stock by using Barchart to sort the All Time High list first by technical buy signals, hen I used the Flipchart feature to review the charts. Since the Trend Spotter signaled
A third solid day of bullish action has built up the potential for market double bottoms. Selling from here will be treated as a pullback rather than a drop into the abyss. For the S&P, volume picked up to register
After over a month long storm, the global market has finally taken a breather. Heavy sell-offs triggered by the Chinese market slowdown, global growth issues and a steep plunge in oil prices now appear overdone. The factors – mainly oil
Industrial production fell 0.7% in January 2016 which was slightly better than the (revised) -1.9% estimated for December. It was, however, the third consecutive month showing a decline and, more importantly, the 6-month average turned negative for the first time
TM Editors Note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Mining stocks are racking up blistering gains in 2016, as gold and silver prices explode higher. So I thought
Stocks were in rally mode today and the release of the Fed minutes was no impediment as they held their gains into the close. This looks very much like a technical, ‘short squeeze’ rally, which is somewhat narrow in scope