We couldn’t help but think of the rock formation El Capitan in Yosemite National Park. The chart below shows the S&P 500’s 10-day A/D line over the last year. If you are unfamiliar with the term 10-day A/D line, it
February 8, 2018
A review of the day’s trading in the agriculture markets. Video Length: 00:07:57
SPX Monitoring purposes; Long SPX on 2/8/18 at 2581.00. Monitoring purposes Gold: Neutral. Long-term Trend SPX monitor purposes: Long SPX on 2/8/18 at 2581.00. On the chart above you can see the movements of one month – three moth volatility
It’s impossible to tell what drives the short run in anything, so anything we describe and attempt to ascribe moves to comes with a grain of salt. That said, there are clearly some things missing here. I’m not talking about
FireEye, Inc. (FEYE – Free Report) just released its fourth-quarter and full year 2017 financial results, posting adjusted earnings of $0.01 per share and revenues of $202.3 million. Currently, FireEye is a Zacks Rank #3 (Hold), and is up over
Financials The Dow dropped over 1,000 points again today. Carnage is everywhere. Every S&P 500 sector is in a correction. Materials Utilities Technology Industrials Health Care Real Estate Financials S&P 500 All Sectors No Hiding Places A correction, defined as
U.S. oil production is poised to bypass Saudi Arabia this year, creating a new investment opportunity in American oil companies… The EIA released a forecast of 9.69 million barrels per day (MMbpd) for U.S. oil producers in 2018, which is an increase of
Dow crashed over 1000 points today… Time for “Markets In Turmoil” special Markets “turmoiled” again today as Treasury yields spiked on a weak auction and the implications of a budget deal that means more supply is coming. This spooked stocks
Shares of Take-Two Interactive (TTWO) slide after the game maker reported lower than expected quarterly results last night. Following the report, however, several analysts gave positive views on the stock. WHAT’S NEW: After the market close on Wednesday, Take-Two reported
With all the crazy action in the markets, I’m recapping the latest earnings results a bit later in the week than usual. The big change this week was the acceleration in analysts’ estimates for Q1 earnings, full year 2018 earnings,
