by Tiho Brkan, Short Side of LongChart 1: Equities recently suffered a technical reversal at record highs… Source: FinViz.comPrinter-friendly VersionEmail This Article
This weeks trading sessions in the US equities continue to show evidence of weakness, as majority of the US equity indices stalled at resistance levels. Couple of days ago, the S&P 500 opened at intraday record highs but closed with an outside […]
April 30 Market Close: GovCon Index Plunges 2%, Biotech Losses Send Stocks DownRoss Wilkers April 30, 2015 Financial Report, News 49 ViewsThe GovCon Index capped the month of April with a decline of 2.001 percent to hit its lowest closing figure of the month at 73.372.Bloomberg cited losses in small cap and biotechnology stocks as a driver of declines in U.S. stock […]
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Just waiting for the market to wake up…
Enthusiasm for stocks by retail investors—a group as diverse as the retired schoolteacher in Peoria to the day trader in Miami—is becoming progressively more subdued as the stock market remains mostly range-bound, according to a survey by the American Association of Individual Investors.Bullish sentiment, measured by the number of respondents who believe the […]
Wait– is that the sound of that famous biotech bubble finally popping?Can’t say, dude. But biotechs are definitely losing steam these days, and the worst could be yet to come. Today, I’ll show you exactly what to do about it…We took profits on our big biotech trade earlier this month, booking double-digit gains on Biotech iShares (NASDAQ:IBB). IBB thundered nearly […]
Download all of 2013 Performance: Click to Download!Download all of 2014 Performance: Click to Download!OR Download all of 2015 Performance to Date: Click to Download!Questions ? : [email protected] (702) 490-5317Dow opens – 57 and our open trade gets worse.Market Open (click to enlarge)Dow closes – 75, This is what we closed out: CRUS -549, CSIQ +712, SCTY -1555, SBGL +360TOTAL […]
U.S. indexes were in the red all day today as some quite miserable economic data didn’t do the normal trick of making everyone happy because it means the Federal Reserve will never raise rates in our lives. The S&P 500 fell 0.37% and the NASDAQ 0.63%. The Federal Reserve Open Market Committee released its meeting statement on Wednesday afternoon that […]
Related MAEarnings Scheduled For April 29, 2015MasterCard Earnings Preview: Crowd & Experts Expect 10% EPS GrowthMy Growth Portfolio: Topping Up MasterCard(Seeking Alpha)Related TWXEarnings Scheduled For April 29, 2015Will HBO Now Provide Growth For Time Warner?’Avengers’ Vs. ‘Star Wars’: Which Will Reign Supreme?(Investor’s Business Daily)Some of the stocks that may grab investor focus today are:Wall Street expects Mastercard Inc (NYSE: MA) […]
In this report we will share some good news. As a result of the current government stimulus bill, there are extensions of important tax credits and tax reductions to reward energy conservation. There are likewise some substantial increases in the advantages for property owner. We are positive that the information offered in this report can benefit millions of individuals and […]
Related GPROGoPro: Market Expecting Nearly 9% Move Following EarningsEverything The Street Has Said About GoProTaser, Digital Ally Shares Up Amid Baltimore Clashes(Investor’s Business Daily)GoPro Inc (NASDAQ: GPRO) traders are scrambling to decide how to play the company’s earnings report coming after the market close. Fundamental and technical traders have likely been pouring over countless metrics for days trying to determine […]
Ladies and Gentlemen, the Stock Market is (still) Shrinking
Posted April 28, 2015 by Joshua M Brown
When I give talks to groups of investors or my fellow advisors, one of the concepts I tend to hit on is the fact that there is “a shortage of stocks” right now. This line always draws a good laugh, but then my shtick is […]
