96% technical buy signals. 8 new highs and up 11.98% in the last month. Relative Strength Index 67.71%. The Chart of the Day belongs to Penn National Gaming (PENN).I found the gaming stock by using Barchart to sort today’s Top Stocks to Own list first for
December 22, 2017
The crypto space was thrown into chaos today as the price of bitcoin and its peers plunged overnight, cementing the pioneering digital currency’s worst week since December 2013, only to rebound dramatically into the close, wiping out virtually all losses. Also today,
Buy the crash. Sell the all-time high. Rinse. Repeat. This has been a time-honored trading strategy for Bitcoin that, in hindsight, has offered a very low-risk way of profiting form the manic rise of Bitcoin. Today, the famed cryptocurrency was
The overall market’s performance has been great in 2017. With gradual improvement in the U.S. economy, rising rate environment, potential benefits from lower tax rates and growing investor optimism regarding reduced regulations, the banking industry has emerged as one of
With the release of this morning’s report on November Personal Incomes and Outlays, we can now take a closer look at “Real” Disposable Personal Income Per Capita. At two decimal places, the nominal 0.30% month-over-month change in disposable income was trimmed
When a Pew Research Center study highlighted the fact that a large percentage of people don’t believe humans were to blame for climate change – and nearly 20% said there is no statistical evidence of climate change – and while it is
The latest confirmation that the US consumer is now effectively tapped out came early Friday when the Dept. of Commerce reported that in November, Personal Income rose by a lower than expected 0.3% (exp. 0.4%), while US consumers continued to
We wrote to you on the December 12th warning to stay away from Bitcoin. We posted that comment on our blog and received some outraged comments from Bitcoin “fanboys”. That is the price of skepticism expressed about any bubble. We said we
Note: The charts below have been updated with the latest Personal Consumption Expenditures price index from the Bureau of Economic Analysis. The annualized rate of change is calculated to two decimal places for more precision in the side-by-side comparison with the Consumer Price
