The Chart of the Day belongs to Trimble Navigation (Nasdaq: TRMB). I found the electronic devices stock by using Barcart to sort the Russell 3000 Index stocks first by the highest number of new highs in the last month, then again for technical buy signals of 80%
October 19, 2016
The Tax Foundation has an interesting analysis of Trump’s tax plan compared to Hillary’s. Hillary is negative on GDP, capital investment, wage growth, and jobs. Trump is positive on all four under two different models. Trump vs. Hillary Plan Comparison
“Go ahead, bite the Big Apple, don’t mind the maggots.” – The Rolling Stones In their hit song “Shattered,” The Rolling Stones sing about the dark side of living in 1970s-era New York City. Had the song been written today,
Gold: Having the commodity continued to recover higher, more strength is likely. As long as it trades and holds above the 1,246.24 zone, we think it should head higher. On the downside, support comes in at the 1,260.00 level where
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 41 = 18,202 SPX + 5 = 2,144 NAS + 2 = 5,246 10 Y + .00 = 1.74% OIL – .15 = 51.45 GOLD + .60 =
The Australian economy shed 9,800 jobs in September, significantly worse than a gain of 15K expected. The unemployment rate remained unchanged at 5.6%. While the latter figure is better than expected, it comes on top of a drop in the participation
The Dow Jones Industrial Average pushed higher after a busy day of earnings reports, key economic data, and a surprise inventory report from the U.S. Energy Information Administration. Let’s look at the final numbers on Wednesday for the Dow, S&P 500, and Nasdaq: Dow Jones:
In conventional thinking, China’s problems are China’s problems. As those related to its currency, it is believed a mere matter of either intentional policy (devaluation = export stimulus) or the outflow of “hot money” because of China’s unique circumstances. From
Outside, perhaps we do see a double rainbow (yesterday’s commentary). Inside, though, a solar powered glow-in-the-dark Rallysaurus has resurrected. On September 25th, nearly a month ago I asked, “Have sustainable or renewable energy instruments finally bottomed?” Today, First Solar’s (FSLR) price rose
Today Mike Swanson of WallStreetWindow interviewed me regarding the short-term outlook for gold stocks. We covered why to avoid the 3x ETFs, why outlandish predictions for Gold get media attention, the short-term support and resistance for Gold and why the
