Oil Will Be Over $50 A Barrel By July 4th
A strong API Report reporting over a 4 million barrel drawdown in Oil inventories, and a report out of Kuwait saying that an output freeze deal by major oil producers would proceed without Iran will be bullish for the oil market. We expect the short covering to begin tonight, tomorrow and for the next 8 […]
Sell These 3 Popular Stocks Before They Miss Earnings
These three widely-owned stocks have gradually decreased their first quarter earnings expectations over the first three months of the year signaling that business is not doing as well as hoped. This points to a high probability of missing earnings when they report next week which will lead to a dramatic decrease in price. First-quarter earnings […]
Gold Posts 1.3% Gain As Stocks Fall
Gold prices rose 1.3% on Tuesday, breaking a two-day losing streak, as declines in global stock markets drew buyers to the perceived safety of the precious metal. Equity markets around the globe slid after investors took a cautious stance ahead of the release of the Fed’s minutes. The Fed is due to publish minutes from […]
What The Charts Say: Complacent, Complacent-er, Complacent-est
While breadth and seasonals are constructive, BofA’s Stephen Suttmeier warns complacent put/call, VXV/VIX, and volume distribution are April risk factors. Since mid-March, accumulation (up volume or buying) has fallen relative to distribution (down volume or selling) as the US equity market has rallied, which is negative divergence and risk factor for April. To suggest that this complacency […]
Time To Invest In Tech ETFs?
Technology ETFs were badly hit in the first quarter of 2016, having returned minutely or posting massive losses. Among the gainers, most were from either the high-yielding or equal-weight or value-centric semiconductor segments (read: Tech ETFs that Braved the Storm in February). Broad-based sell-off in high-growth stocks due to overvaluation concerns, global growth issues and […]
When Contrarianism Turns To Complacency And Conspiracy In SPX, USD/JPY
Video length: 00:26:41 Picking tops and bottoms is a statistically fraught trading approach, however markets do change direction. Trading with a contrarian approach – against the prevailing view or trend – therefore needs to be well thought out and executed. Trend of course is relative to individual perspective, but the concept holds across time […]
Watch Japan – For All Is Not Well In The Land Of The Rising Sun
One of the epicenters of the global financial crisis that started during the second half of last year is Japan, and it looks like the markets in the land of the rising sun are entering yet another period of great turmoil. The Nikkei was down another 390 points last night, and it is now […]
Precious Metals, Likely To See Another Leg Higher
While Gold and Silver prices showed signs of retreating from their yearly highs over the past weeks, it is clear that both the metals are likely to see another leg to the upside going by the market sentiment and the technical patterns on the charts. Yesterday, Gold posted another 1.0% gains as a high risk […]
EUR/USD: ‘Torturing The Bears’: What’s Next? – BofA Merrill
EUR/USD is off the highs but also refusing to fall. What’s next? The team at Bank of America Merrill Lynch explains how markets are torturing the bears: Here is their view, courtesy of eFXnews: Themes: the Fed in the driver’s seat. Our last report argued that the March ECB meeting would be the most difficult in recent […]
3 REITs Increasing Dividends In May
Investing in an accelerating dividend is one of the best ways to consistently increase your wealth over the long-term. With these three stocks expected to increase their dividends in May, now is a great time to add them to your portfolio. My investing strategies for dividend stocks all focus on finding, owning, and trading dividend […]
