Category Archive: Finance
Heavy Resistance For The Q’s
While the S&P 500 price action is my primary guide for gauging market sentiment, it does help to keep a close eye on the Nasdaq and Russell and to a lesser extent, the Dow Jones Industrial Average. When I look at the Nasdaq, unlike the other indices, you have an index that is having an […]
Good Action As We Are Set To Now Move Higher
“Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude” – Thomas Jefferson Pretty quiet with Europe closed but we did see some good moves and even when an officer was shot in Washington and we saw the Capital put […]
SP 500 And NDX Futures Daily Charts – Quiet Flows The Con
Today was an exceptionally quiet day in the markets, with volumes off almost 30% from the twenty day moving average. Most likely this is because of the number of people who are on Easter holiday, quite popular in Europe and a thing for the upper crust in the states. Economic news came in weakly this […]
China’s Unilateral Debt Jubilee?
Western nations are bankrupt. This is “old news” to regular readers, as is the (obvious) conclusion that these corrupt/insolvent regimes will once again have to resort to History’s economic get-out-of-jail-free card: Debt Jubilee. What has been far less-obvious is what form such a “jubilee” would take. We live in a Crime Syndicate system. Literally every facet of our […]
Gaming And Leisure Properties, Inc. Announces Public Offering Of 19,000,000 Shares Of Common Stock
WYOMISSING, Pa., March 28, 2016 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (the “Company” or “GLPI”) (NASDAQ:GLPI), the first publicly traded gaming-focused REIT in North America, today announced that it has commenced an offering to sell 19,000,000 shares of its common stock in an underwritten public offering.The Company intends to grant the underwriters a […]
YTD Corporate Default Jump To Highest Since 2009
While many were looking forward to the weekend in last week’s holiday-shortened week for some overdue downtime, the CEOs of five, mostly energy, companies had nothing but bad news for their employees and shareholders: they had no choice but to throw in the towel and file for bankruptcy. And, as Bloomberg reports, with last week’s […]
GDPNow Forecast Plunges To +0.6%; Tracking Lockhart’s Momentum With Pictures
In the wake of a dismal personal income and outlays report today, the Atlanta Fed GDPNow Model forecast plunged to +0.6%. Recall that on March 21, Atlanta Fed president Dennis Lockhart cited “sufficient momentum evidenced by the economic data to justify a further step at one of the coming meetings, possibly as early as the meeting scheduled […]
Binary Options Trading Opportunities For March 29, 2016
During the day on Tuesday, we could get quite a bit of volatility in the US stock markets due to the Consumer Confidence numbers, but beyond that there isn’t much in the way of market moving information that we see at this moment. USD/CHF The USD/CHF pair initially tried to rally during the course of […]
E ADRs Best & Worst Report – March 28, 2016
The best sectors across ADRs are utilities, services, and technology. The top countries are Canada, Taiwan, and So. Africa. The average ADR score is 48.33 and that’s above the four week and eight week average score of 49.73 and 45.83, respectively. The average ADR in our universe is trading -28.45% below its 52 week high, […]
Bear Of The Day: Compass Minerals
Just like the weather changes with the seasons, so can your profits. Certain businesses are obviously more cyclical than others. While some cycles are based on economics others are based on weather. Today’s Bear of the Day is a company that should have had a wonderful winter season but instead struggled. Low snow fall meant low profits […]
