It was more whimper than roar, but the S&P 500 (SPX) ground to another record high last week. This achievement was scored within whisker-thin trading ranges as select measures of broader-market volatility probed 2015 lows. Now, economic data comes into focus in this holiday-shortened week and in the week following, which features the typically closely watched monthly jobs report.Volatility flared […]
Indexes posted moderate gains Monday as a mixed morning led to afternoon buying; that is the pattern one wants to see. The S&P 500 gained 0.30% and the NASDAQ 0.60% as news flow was very light. For the year the S&P 500 is 3.4% higher and the NASDAQ is up 7.2% – but it has not been easy sledding in […]
I just had to share the following testimonial, received yesterday from one of my Weekly “Counts” Webinar subscribers:—“Sid,I wanted to thank you for the incredible research and analysis that you provide by giving you a brief history on me and how my account is exploding to the upside since I started following you and attending your webinars.After the economic meltdown […]
Premier Membership: Live Stock Trade Alerts to Buy & Sell with JoeThis is where the majority of our members come to. FOR $99/month or $799 (1 installment) you become a member of an exclusive group of traders wanting to tap into this powerful resource on a daily, if not hourly, basis. In addition to the educational videos, weeknight market recaps, […]
I borrowed this blog post from Michail Shadkin aka @EpicaCapital . I am posting it here so I can read it often. This a copy and paste and no editing has been done.6 types of relative strength/weakness very specific to MY intraday trading.Everybody has heard of relative strength and relative weakness, but what exactly is the strength/weakness relative […]
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 […]
Welcome to the meat grinder, bud.The market took a ton of traders and ground them into hamburger meat last week…The Dow dropped 280 points Friday. The S&P spit back more than 1%. Both China and Greece took it in the backside. But hey, don’t worry…Today you’re gonna learn exactly how to stay away from the meat grinder. You’ll learn three […]
On the call, Zillow CEO Spencer Rascoff announced that the company is expecting EBITDA in the range of $80 million to $85 million for the full year 2015—Wall Street had expected that figure to be about $146.8 million, according to FactSet.”The work we are doing this year lays the foundation for an incredibly bright 2016 and 2017. However, 2015 is […]
I’ve taken some flak recently for my persistently bearish views of the stock market over the past year. Rightfully so. I’ve been dead wrong. And with a record level of bulls it should come as no surprise that they’d like gloat.But I’d like to make a few things clear. First, I’m not a perma-bear. Far from it. I was rip-snorting bullish […]
Stock Trading Alert: More Short-Term Uncertainty As Investors Await Quarterly Earnings ReleasesBy: Paul Rejczak | Thu, Apr 2, 2015SharePrintEmailStock Trading Alert originally published on April 2, 2015, 6:39 AM:Briefly: In our opinion, no speculative positions are justified.Our intraday outlook is now neutral, and our short-term outlook is neutral:Intraday outlook (next 24 hours): neutralShort-term outlook (next 1-2 weeks): neutralMedium-term outlook (next […]
