Metals and Miners continue to consolidate. Prices move pointedly one day and then reverse the next. There is little to no follow-through in either direction, and that makes trading difficult. Gold and silver are near critical support. They are holding
October 9, 2018
According to regulatory filings published on Tuesday, the largest outside investor in Tesla – Baillie Gifford & Co – has taken an 11.44% stake in newly listed NIO Inc., a company that aspires to be a direct rival to Tesla in China. Baillie
With price hitting downside targets after last week’s quick sell-swing, what levels are we watching and what’s the plan for the rest of the week in the /ES, /NQ, /YM, and /RTY? Video Length: 00:08:09
Data Courtesy of Trade Alert
Allison Ostrander, Director of Risk Tolerance and Options Trader at Simpler Trading joins me to share her thoughts on the recent weakness in US equity markets. Along with this weakness, we saw the VIX move up and is currently holding
There was an old joke among bond investors that use to say no AAA-rated bond had ever defaulted…because it was downgraded several times first. By the time the issuer was in restructuring, it was junk accredited long before then. It
MONACO, Oct. 09, 2018 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers,” or the “Company”) announced today that it intends to offer, issue and sell to the public $250 million of common shares, par value $0.01 per share
Stocks attempted to rally today and failed. Gold and silver finished largely unchanged as the Dollar index drifted lower. We will be getting the wholesale and consumer inflation numbers this week. Have a pleasant evening.
Over the past month, the 10-year Treasury bond yield has jumped from under 3.00% to 3.23%, sending tremors through the equity markets. By now you’ve heard/read/thought about the usual suspects. As interest rates move higher, equity investors searching for income finally (finally!) have
The bears are seriously squandering an unbelievable opportunity to squash the bulls and inject a fresh round of fear in this market. Instead, the bulls are showing resilience at the 50-day moving average and not giving a rip about the
