Stock Market No Clear Direction As Investors React To Quarterly Earnings ReleasesStock-Markets / Stock Markets 2015Apr 23, 2015 – 04:47 PM GMTBy: Paul_RejczakBriefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is bearish:Intraday outlook (next 24 hours): bearishShort-term outlook (next […]
Stock Trading Alert: No Clear Direction As Investors React To Quarterly Earnings ReleasesBy: Paul Rejczak | Thu, Apr 23, 2015SharePrintEmailStock Trading Alert originally published on April 23, 2015, 6:59 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is bearish:Intraday […]
Car trader Paul Law predicts sales at his company could be 10 per cent higher than normal for this time of year. Photo: Nora TamTo some, the fun ride has only just begun.”Sales have been better,” Paul Law Siu-hung, chairman of Olympic Motor Group and a used car dealer, admits cheerfully.He says the recent rally in stocks gave a welcome […]
Shares of Sagent Pharmaceuticals Inc (NASDAQ: SGNT) and Impax Laboratories Inc (NASDAQ: IPXL) were up on Wednesday, after analysts at Deutsche Bank initiated coverage on Tuesday.
Sagent Pharmaceuticals
The analysts initiated coverage of Sagent with a Buy rating and a $29 price target. They say they have always liked the biotech company’s “focus on the attractive generic injectables segment but now believe […]
Submitted by David Stockman via Contra Corner blog,Surveying the Fed’s handiwork during last week’s press conference, Janet Yellen noted that all was awesome except that stocks were now slightly “on the high side” of their historical range. You can say that again!In fact, you can say that any one capable of uttering such tommyrot has been totally bamboozled by Wall […]
Sy Harding: Remain bullish because the bull market remains in place, with most indexes making new highs as recently as last week. Support levels continue to hold on short-term pullbacks, technical indicators remain on buy signals, and the market’s favorable season usually lasts into April/May.However, be watchful – because the rally is increasingly abnormal, is unlikely to be sustainable much longer, and could […]
Gold Up 11% in Euro This Year As Currency Wars IntensifyGold has risen 11% versus the euro in 2015
Builds on 12% gains against the euro in 2014
Sentiment poor despite reasonable performance
Gold performing well considering significant gains in stocks and dollar
Dollar centric view misleading
Currency wars intensifying
Complacency and hubris rife
Gold rose 12% against the euro in 2014 and so far in 2015, […]
Stock Trading Alert: Uncertainty Following Recent Sell-Off – Will Downtrend Continue?By: Paul Rejczak | Thu, Mar 12, 2015SharePrintEmailStock Trading Alert originally published on March 12, 2015, 7:53 AM:Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,090 and profit target at 1,980, S&P 500 index)Our intraday outlook is bearish, and our short-term outlook is bearish:Intraday outlook (next […]
There’s nothing better than getting a great value — and let’s face it, when the market tumbles, often great stocks get crushed too. That could end up being particularly true in biotech. Since 2013, the industry’s return has tripled the S&P 500’s return, and that may mean that with the market slipping lately, biotech’s leading names — including Celgene — […]
Given the scale of tax evasion worldwide, it feels wrong to knock the Greek finance ministry for proposing a clampdown.So, if wiring up concerned members of the public and tourists is questionable, is there a better way?Well, Greece could learn from Slovakia’s example. It roped in its civilians to help, by collecting all their sales receipts for anything over one […]
