When buying a stock during a large pullback, sometimes the question needs to be asked, “is this a pull-back, or an emerging down-trend?”
Tuesday’s trade review looks to capitalize on a stock that has gone through one of these larger pull-backs not-yet-a-down-trend, and could be on the verge of a big turnaround – Neogen (NASDAQ: NEOG).
Neogen was having a phenomenal […]
Morning technical analysis – 17 January 2014January 17, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is still looking bearish against the dollar despite rallying for much of yesterday’s session. The pair failed to break above this week’s highs during the rally and closed below the marabuzo line of the previous candle. This suggests yesterday’s rally was just a brief […]
Think the U.S. market has been on a nice run? Try Egypt.Here’s a one-year chart of the CASE-30 index, via Bloomberg. The index is up a breathtaking 55% just since last summer.BloombergCoincidentally or not (probably not, actually), the bottom almost perfectly coincides with the Egyptian army toppling Morsi last summer, proving once again that moments of extreme chaos can make […]
In the long-run, earnings are without question the most important drivers of stock market returns.Dividends, which are a usually financed with earnings, are another big driver of total returns.In the short-run, however, returns can be effected tremendously by swings in the premium investors are willing to pay for those earnings. This is reflected by an expanding or contracting […]
Here and there a book becomes canonical. It is extolled as a “bible,” the standard work in its field. Such is the case with Martin Pring’s hefty, 800-page Technical Analysis Explained: The Successful Investor’s Guide to Spotting Investment Trends and Turning Points, now in its updated and substantially revised fifth edition (McGraw-Hill, 2014).Pring’s book is divided into three parts: trend-determining […]
Everyone is looking for bubbles these days. I, too, am looking for bubbles, so I do not feel alone.The problem is…how do you identify a bubble.Alan Greenspan is famous for saying one time that a bubble cannot be identified, before it bursts! The conclusion he drew from this is that monetary policy cannot fight a bubble…because…if you cannot identify […]
The S&P 500 is heading for returns of between 25% and 30% for 2013. Exceptional? Not totally. LPL Financial ‘s Jeff Kleintop has compiled the historic frequency of stock returns on the S&P 500 since 1927. It turns out that 25%-30% gains range is not terribly rare: there have been five other years that saw such gains. In fact, the […]
Analysis of people’s perception after reality show Bigg Boss participant Armaan Kohli gets arrested on a complaint filed by Sofia HayatThis season of Bigg Boss has been in the highlights for all the wrong reasons. And with show contestant, Armaan Kohli, getting arrested after evicted contest Sofia Hayat filed a complaint with the Mumbai police accusing Armaan of assaulting […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe gold markets fell during the session on Wednesday, showing that the $1260 level continues to be resistive. However, there is a line of noise below, and we believe that this market will find buyers in this general vicinity. Because of this, it is almost […]
Daily Technical Analysis – 10 December 2013December 10, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is continuing to push higher against the dollar on Tuesday after recording a fifth consecutive day of gains at the start of the week. The pair is looking quite overbought now, as seen on the stochastic where it looks in the process of crossing […]
