Will this be third time lucky for Semiconductor Index short traders? The last two short trades at the 50-day MA have failed so will the narrow doji at ‘bear flag’ resistance offer a new opportunity for shorts to reverse the two
January 4, 2018
On December 4th I wrote: The last time I used Terror in the Dow was from the Twilight Zone episode when William Shatner sees a gremlin on the wing of the airplane he’s flying in. That was when the Dow tried for 18,000.
United Continental Holdings, Inc. (UAL), together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America. The company transports people and cargo through its mainline and regional operations. As of
Stocks were on the move higher again today, with the Dow Jones ‘Industrials’ breaking through 25,000 for the first time. The dollar was lower, giving back that little bounce rally it caught yesterday, and thereon gold and silver continued to
It’s a new year… which means a new set of retirement savings deadlines. So it’s time to do my obligatory beginning-of-the-year nagging. Think of it as a New Year’s resolution for your 401(k) plan. If you’re self-employed, you have until
There is no change to the risk budget this month. For the moderate risk investor the allocation to bonds is 50%, risk assets 45% and cash 5%. The extreme overbought condition of the US stock market persists so I will
Top tickers for the end of the day: BAC, JCP, AAPL, KO, RCII and DAL.
Today Sandstorm Gold (SAND), one of my favorite streaming companies, announced production figures for 2017. Here is the chart showing historic figures: source: Simple Digressions The picture is clear – there is steady growth at Sandstorm. Each year the company adds
Look at where multiples and rates were in 1999. I’m not saying stocks are screaming cheap, but you’re nowhere near an overheated market. Any comparisons to past overheated markets are ridiculous. That’s what David Tepper told CNBC back in September
The U.S. stock market witnessed a strong start to 2018 given that last year’s bullishness remained intact. The S&P 500 index topped 2,700 for the first time led by technology stocks. Investors are bargain hunting tech stocks after the recent
