Investors overlooked weaker-than-expected nonfarm payroll additions to focus on economic strength in the report; helping benchmarks finish in the green on Friday. Unemployment rate dropped to a five-year low and construction sector showed strong gains. Encouraging earnings from Expedia also helped improve the mood. The two days of gains helped benchmarks rebound from losses to end with weekly gains; the […]
Morning technical analysis – 10 February 2014February 10, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is looking a little more bullish against the dollar this morning, although it is still very much in a short-term downtrend as it stands. Last week was quite bullish for the pair, as you can see on the weekly, with it having produced an […]
SPX: Weekly Technical Analysis By: TheWaveTrading | Sun, Feb 9, 2014 SharePrintEmailFrom the November 2012 low, fourth time, the 27-week ma has acted as support
preventing a larger decline.As well the weekly hammer with the low of the tail at the 0.5 retracement
of the advance from the October low is suggesting that at least the corrective
[…]
Stock Market Back Testing…Now What….Stock-Markets / Stock Markets 2014Feb 09, 2014 – 10:21 AM GMTBy: Jack_Steiman
The market fell quite a bit from the first day of January and kept going pretty much until midweek this week. The market oscillators got very compressed lower, while the Dow was testing its 200-day exponential moving average. It told me that […]
Will Stock Market 2014 be Like 2008?Stock-Markets / Stock Markets 2014Feb 08, 2014 – 06:04 PM GMTBy: Clif_Droke
One of the biggest problems for the stock market entering 2014 was the near unanimous belief on Wall Street that stock prices would only go higher this year. Indeed, you had to look a long way to find […]
Aaron Benia, a junior at the Lander College for Men (LCM), won the school’s fall semester Stock Market Challenge, his third victory in the last four contests. A psychology major with a minor in marketing management, Benia had an incredible 28 percent return on investments.The bi-annual contest, organized by senior Avraham Weiser and junior Shlomi Landesman, is an opportunity for […]
The USD/JPY is trading above its upward trend line on a 60 minute time frame. The pair is trading above the 100day (shown in yellow) moving average and the 50day (shown in green), which means that the bulls are in control of the price. The ADX indicator is not giving any clear signal at the moment, however, we do have […]
Stock Market Sentiment Playing Out perfectly…….Stock-Markets / Stock Markets 2014Feb 06, 2014 – 06:06 AM GMTBy: Jack_Steiman
Just a few weeks ago we were at 46% on the bull-bear spread. We had spent numerous weeks trading with a number above 40%, which is extremely rare and unusual. You know it can’t last, but you never know when it’s […]
With continued chaos around the world and uncertainty in global markets, today KWN is publishing an incredibly powerful piece that was written by a 60-year market veteran. The Godfather of newsletter writers, Richard Russell, has issued a a major warning that the stock market is now on the “edge of a crash.”Russell: “As I write, fiat currencies around the world are […]
Cloudera this week delivered on its October promise to provide a centralized enterprise analytics platform with a major portfolio overhaul that introduces three new offerings and support for the fast-growing Apache Spark project. Hailed as the next big thing in Big Data by SiliconANGLE founding CEO John Furrier, the framework executes queries up to 100 times faster than MapReduce and […]
