We now have an update from Matt Singh at Number Cruncher Politics on the odds of Brexit. Despite massive shifts in two polls by The Guardian (online and telephone polls both show Brexit in the lead), and a Telegraph poll yesterday which showed the Brexiteers only
May 31, 2016
With indices knocking on the door of new highs for 2016 it was of new surprise to see some profit taking. The S&P has struggled when it gets to 2,100, but each run at this resistance level weakens its importance
The Chart of the Day belongs to MarketAxess Holdings (Nasdaq: MKTX). I found the fixed income brokerage stock by using Barchart to sort today’s All Time High list first for the most frequent number of new highs in the last month then again for technical buy
Photo Credit: Mike Mozart Cracker Barrel Old Country Store, Inc. (CBRL) Consumer Discretionary – Hotels, Restaurants & Leisure | Reports June 1, Before Market Opens The recent trends in the food industry are shifting back towards casual dining after years of praise
How Do Corrections Develop and Why May This One Be Different? Those that have experience trading the market have figured out that there are usually 3 movements within a corrective decline phase.The first drops the market from the high, the
The ISM Chicago Business Barometer PMI fell back below 50 again in May, the ninth time in the past sixteen months that the index came out under the supposed dividing line. It is more likely, however, that US businesses especially
This market is looking very toppy and pricey. Not a very good combination for solid investment. The futures were negative most of the day, but were amenable with their light volumes to a late afternoon rally back on what looked
It looks like BlackBerry (BBRY) is running out of ideas. Management of the beleaguered smartphone company had boldly projected back in 2014 that its Indian operations will be a key growth driver for its entire business. But the ambitious plan appears to be far
An increasing dividend combined with an attractive yield will produce a growing cash income stream and capital gains that are an unmatched tool for increasing your wealth. These five stocks are perfect starting points for investors looking to earn an
Photo Credit: Didier P. Michael Kors Holdings Ltd. (KORS) Consumer Discretionary – Textiles, Apparel & Luxury Goods | Reports June 1, Before Market Opens Weak consumer spending has hurt retail earnings this quarter. Upscale brands have fared badly as consumers opt for
