NFTRH+; GILD
Personally, I am leaning slightly toward bearish on the stock market, but the Biotech sector has been going to its own beat. Taken in a vacuum, Gilead has an interesting…
Personally, I am leaning slightly toward bearish on the stock market, but the Biotech sector has been going to its own beat. Taken in a vacuum, Gilead has an interesting…
A quick visual for anyone interested in the Wild Wild West of Canadian speculation, AKA the TSX Venture exchange. The chart is self-explanatory. A break of current resistance would target…
USD came very close to our upside target of 101 and has since had trouble. After testing the March high and dropping, USD is now bouncing from the lower line…
A subscriber who has a history as an India fund manager was kind enough to pass along (actually, remind me of…) a couple more symbols of interest (to go along with Nifty 50 fund INDY and MSCI India fund INDA). These are the Wisdom Tree India earnings fund (EPI) and the Market Vectors India Small Cap fund (SCIF). These are presented for your consideration and further research.
I currently own 3 components of the venerable Dow 30 index, so today is fine. But the markets were driven down on China hype on Friday and up on same…
We do indicators 'n stuff. We stay on the right side of the trends, playing the swings. We refine the elements in play to coming trend changes. We succeed over…
The last time the Yen made signs that the natural market was going to increase its value, the BoJ sprang into action and harpooned it. Now the natural market may…
Stock Markets
Interesting developments in the markets this morning. Apparently momentum-fueled markets are getting knocked down by some hype from China pertaining to authorities allowing shorting of Chinese stocks. That is not fundamental to anything, but it is a shot across the bow to over confident bullish momentum players the world over. In true momo fashion, they are knee jerk selling in response.
As suspected would be the case, the US dollar appears to have resumed its correction after rising to test the high. The first important support zone has been the shelf surrounding 94, which intersects a trend line from last summer’s lows.
There is so much data flying around out there. From the Credit data we reviewed yesterday to weakening manufacturing and exports to employment up nicely one month and down big…
"There is quite obviously some serious financial stress manifesting in the data..." That is not me, the caution-toned risk manager writing. That is a quote from the first paragraph of…
From FactSet, here is a graphic compiling data from the initial earnings reports from S&P 500 companies so far for Q1. At 70%, the US dollar's strength is far and…
Enjoyable to write and of personal benefit in focusing my thoughts, NFTRH 338 was emailed to subscribers this morning. It includes an extended look at GE's move to get out…
China, in a few pictures (courtesy of TradingEconomics.com): China GDP Annual Growth (through 2014)... China GDP Annual Growth trend projection... China Producer Prices... China Interest Rate... China Loan Growth.. China…