SPX Monitoring purposes; Long SPX 8/17/17 at 2430.01 Monitoring purposes Gold: Neutral Long Term Trend monitor purposes: Neutral Yesterday’s Equity Put/Call ratio (CPCE) closed at .57. Readings of .55 and less predict a lower market in 3 to 5 days
August 22, 2017
On Tuesday, the S&P climbed throughout the day and closed with a gain of 0.99%. The index saw daily losses in 2 of the last 5 market days and is up 9.54% YTD. The U.S. Treasury puts the closing yield
Ok, I don’t know how much figurative “stock” you put in Mitch McConnell’s Monday promise that there is “zero chance” of Congress not raising the debt ceiling by late September, but it’s at least plausible to suggest that however vacuous, the Senate
Institutional Financial Markets, Inc. (NYSE American: IFMI) (the “Company”), a financial services firm specializing in fixed income markets, today announced that, effective at 5:00 p.m. (EDT) on September 1, 2017, the Company will change its name to “Cohen & Company
Short covering rally in stocks on low volume today. In this video market update let’s combine statistical trading and technicals to find a trade set up for the week. Watch this video for the trade opportunity… Video Length – 00:07:04
The Chart of the Day belongs to Cutera (CUTR). I found the electomedical stock by using Barchart ot sort today’s Top Stocks to Own list first for the highest Weighted Alpha then again for technical buy signals of 80% or more. Since the Trend Spotter signaled
Amid Libya headlines and contract rollover, WTI prices were wild heading into the inventory data tonight. Following two weeks of surprising builds in Gasoline inventories, API reports a surprise 3rd weekly build in gasoline inventories, and crude drawing only modestly (in line with
Long a member of the bullish camp, PIMCO’s outlook recently shifted and they are now warning of stretched valuations and downside risks. As they write in Preparing for Pivot Points, “Investors have enjoyed economic stability and positive market returns for years,
You can understand to some small degree economists’ collective confusion about inflation. They believe in wage dynamics, where a recession through mass layoffs creates slack and thus depresses wages. The recovery in a period of robust growth re-employs those unfortunate
We had a busy day at Bespoke Weather Services today tracking prompt month natural gas prices as they approached a top of their range. We began the day seeing natural gas prices rally even higher following support from cash prices,
