It was a good day for indices as early weakness gave way to sustained buying into the close. There was early morning weakness to set the tone but it didn’t last. The one index to rebuff this was the Russell
April 11, 2017
It would be nice if we could get a market correction and start the next cycle. I thought today would bring the start of another leg lower for the market. But no. The bullish percents show that there wasn’t much
Well this is laughable. With crude prices having already recovered fully from their early March swoon, someone in Riyadh apparently thought we needed a little but more of a push ahead of this afternoon’s API data. Here’s the headline: SAUDI ARABIA
The people in Pepsi’s marketing and PR departments must be relieved, because the internet’s viral outrage is finally being channeled in a different direction. This time the fury is targeted towards United Airlines (UAL)– a brand that is in full-blown
Is it time to back up the truck on gold and silver miners? The short answer: Not yet, We’re getting close, no doubt about it, but we still don’t have the all-clear signal. That’s why, all told, the name of
Biotech Doldrums: Nothing to Entice Buyers Trump Agenda for Tax Reform and Deregulation Stalls Geopolitical News Curbs Market Sentiment Recent geopolitical news has created a backdrop that has discouraged investors in biotech who were already risk averse from drug pricing
Silver’s latest charts show that it is set up for a potentially severe decline, a situation that is aggravated by its latest COTs and Hedgers charts showing record extreme readings, which mean BIG TROUBLE for silver. Now, you might think, like so
United Airlines new policy… My new favorite United Gif pic.twitter.com/UoY3RUZcxh — John Puma (@JohnPuma) April 11, 2017 Gold leads in 2017 as geopolitical risk finally begins to get priced in… In no particular order: US threatens North Korea Everyone on
Several Apple (AAPL) suppliers fell Tuesday after analysts at Bankhaus Lampe argued that the company could move to an in-house power chip, likely adding to worries of Apple shifting away from third-party vendors after a similar occurrence last week. ANALYST
There has been an increase in stock prices since the election based on optimism about the Trump administration. Investors focused on the potential tax cuts, regulatory reform, healthcare reform, and infrastructure stimulus. The fact that investors were swooning over a
