2016 started really bad for markets in general, and stocks in particular. Everyone was calling for the end of the stock bull market, and the start of another 2008-alike collapse. So far, that has not materialized. Given the strong 9-week rally off
March 31, 2016
“Living in fear is just another way of dying before your time” Drive By Truckers We saw the breakout weaken today but things still look fine. Many times we see breakout levels tested before we really accelerate higher so I’d
The Tuesday Yellen rally that spilled into Wednesday at a decelerating rate ended today in a zombie-like session, the narrowest intraday trading range of 2016. The S&P 500 hovered around the flat line and then inched upward to its 0.19%
“Full fathom five thy father lies, Of his bones are coral made, Those are pearls that were his eyes, Nothing of him that doth fade, But doth suffer a sea-change, into something rich and strange.” William Shakespeare, The Tempest Let’s see
Fresh on the heels of a banking crisis in Italy and a “surprise” budget blowout in Spain earlier today, a group of eight countries seek a change in the way the EU calculates deficits. The countries, including Spain and Italy,
Photo Credit: Ben Stassen BlackBerry (BBRY) Information Technology – Computers & Peripherals | Reports April 1, Before Market Opens Key Takeaways The Estimize consensus is calling for EPS of -$0.06 on $571.81 million in revenue, 4 cents higher than Wall Street on
The economics of oil are changing. At long last, there’s a bid under the price of West Texas Intermediate (WTI), the US benchmark crude grade. You can see that in the double bottom scribed at the $26 level earlier this
GDXJ is going to break one way or the other pretty soon. It’s in a Diamond, which is a consolidation pattern, usually thought to have no bias between trend continuation (in this case up) or reversal. If it ends up
…but ugly goes down to the bone. Stocks were running out of gas today. Traders were continuing to sit on their hands for the most part, judging by the volumes, waiting to see what unfolds from the Non-Farm Payrolls Report
From Sentier Research According to new data derived from the monthly Current Population Survey (CPS), median annual household income in February 2016 was $57,129, not significantly different from the January 2016 median of $57,192. The Sentier Household Income Index for
