SPX Monitoring purposes; Sold 4/5/17 at 2352.95= .4% gain; Long SPX on 3/24/17 at 2343.98 Monitoring purposes Gold: Sold GDX at 24.33 on 2/22/07 = gain 20.15%; Long GDX on 12/28/16 at 20.25 Long Term Trend monitor purposes: Neutral For
April 10, 2017
Stocks Watch to follow today include two longs and one short setup It is a boring market, I’m not going to like about that. Four days of straight doji candle patterns makes for not so great trading conditions. But that
I have commented for months that soft economic data from various diffusion indexes does not match actual economic activity. Some highly touted soft measures never match economic data except by accident. Consumers sentiment is the prime example. Yet, once again,
The Chart of the Day belongs to Coastway Bancorp (CWAY). I found the northeastern back stock by using Barchart to sort today’s All Time High list first for the most frequent number of new highs in the last moth, then again by technical buy signals of
Running late so here’s the chart: So that looks really bad….some of it was timing, but some of it was just plain ol’ bad…I’ll try to get a detailed write up out in the next week. Enjoy!!
In March 2017, employers across the US added 98,000 new jobs. While positive, it falls shy of the 180,000-level forecast by analysts. This also marks the end of a 2-month run of gains for jobs growth in the country. The
Yellen’s talk after the North American markets closed was revealing even though she added little to market’s body of knowledge about the prospects for a June hike or the issues surrounding the balance sheet. That said she did nothing to dissuade
Can an exchange-traded fund get too big for its index? That’s the question investors in one popular gold miner ETF are grappling with after rapid asset growth pushed it to significantly deviate from its underlying index. Written by Sumit Roy
Hey, gold mining buffs! How’s your appetite? For risk, I mean. Gold prices spiked $7, or 0.6 percent, higher last week. Mining stocks fared better. WAY better. Some more “way” than others. Ordinarily, junior mining shares are most volatile, rising
In early March, Goldman’s John Marshall looked at the firm’s proprietary macro hedging indicator and found something peculiar: investors were buying stocks and discarding protection. As Marshall said at the time, this was a reflection of “How Trump Changed the Market”,
