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Here we are going into yet another earnings season. We saw Monday how the market has rallied significantly from the March lows and the major indexes are even up in positive territory for the 2009...
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The Shanghai stock exchange rocketed up 2..5 % after being closed most of the week. Energy stocks lead by PetroChina (NYSE:PTR) made among the largest moves as crude traded up toward $72. Douglas A....
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Gold has just hit a new contract high of $1,035.00 on a nominal basis. While this is far short of an inflation-adjusted price compared to the 1980’s highs, this is still a nominal high. The...
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Maybe it is time after a 50%+ gain in the major equity indexes, or maybe it is just everyone getting into the October bearish mode. We are hearing more and more calls for a very weak equities...
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It is the weekend, albeit a long three-day weekend for Labor Day. Earnings season is done, gone, bye-bye, but this coming week there are going to be some key events and key stocks to watch...
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The commodities call is back on. It isn’t $100 oil, but it is for $1,000.00 gold. We have two well respected market technicians calling for higher gold prices. At 10:12 AM EST, Spot Gold...
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We have almost a whole new slate of stocks in this week’s round of “The Unusual Suspects” for key stocks traders need to keep an eye on for the week ahead. Activision Blizzard Inc. (NASDAQ:...
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Wal-Mart Stores Inc. (NYSE: WMT) was supposed to be the big winner of the Great Recession as the giant trade-down retail play for America. Interestingly enough, the peak of the stock was almost...
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It is normal to see pullbacks. The problem is that most market pullbacks in the last five months have been rare or short-lived since the near-depression levels of early March. But it has also...
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This morning’s move in gold may have seemed like an anomaly as gold briefly traded up over $970.00 per ounce. The shiny yellow stuff rose $2.28 at $964.78 as of 10:42 AM EST. What is...
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It always good to keep watch lists. There were some key issues over the last week that will have important implications for the coming week (or weeks). This is definitely the case for Tyson Foods...
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Everyone has figured out that the Dow Jones Industrial Average is a more difficult yardstick for the overall stock market because its price-weighted rather than market-weighted. But the S&P 500...
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Oil was already against the ropes and off current highs because of the CFTC seeking limits on speculators and on non-end-user trading activities in the energy commodity markets. But this...
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Rumors that China’s GDP and demand for oil are increasing continue to take oil prices up, even if they turn out not to be true. The madness over a Chinese economic recovery grows by the day. The...
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We won’t go as far as to say that the DJIA and the S&P 500 are directly correlated even after the recent rebalance. However, there is one common notion on today’s weakness that has brought...
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