Tremor Video – Chart Of The Day
The Chart of the Day belongs to Tremor Video (TRMR). I found the video advertising stock by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 8/10 the stock gained 61.86%. Tremor Video, Inc. offers technology-driven […]
Highly Unusual Developments In The U.S. Money Supply
The numbers for the final week of August have just been released and they show a highly unusual development for being this late in the year: the money supply is actually lower today than at the beginning of the year. If this continues it will not be long until the year on year growth […]
Market Talk – Thursday, September 7
Yes, Asia benefited off of the back of the US markets bouncing but it was far from encouraging. We saw small gains for the Nikkei (+0.2%) and the ASX but declines for the Hang Seng (-0.35%) and Shanghai (-0.6%). Given we have little new headline news concerning North Korea the KOPSI has seen a 1.1% […]
Markets Coiled And Ready To Strike
After Tuesday’s sell off markets have traded into tight coils (inside days) which are traditionally viewed as swing trade opportunities; buy break of high/stop on reverse side + vice versa for a short. The S&P is sitting just above its converging 20-day and 50-day MAs and rising channel support. Technicals are still on the bullish side […]
Market Remains Overvalued – Thursday, September 7
Here is a summary of the four market valuation indicators we update on a monthly basis. The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more) The Q Ratio, which is the total price of the market divided by its replacement cost (more) The relationship of […]
Banking Stocks Breaking Down, Bad For Stock Markets
Banking stocks in the U.S. are breaking down. The leading indicator for banking stocks, KBE ETF, representing regional banks, is breaking through support. The finance sector, with regional banks in the lead, have been leading stock markets higher since last summer. After 12 months, that trend is coming to an end. Banking stocks are drifting […]
3 Alternative Mutual Funds To Ride Out A Spooky September
Though President Trump’s support toward the extension of the debt limit deadline might have helped stocks book modest gains on Sep 6, a slew of headwinds will continue to spook investors in the month of September. Investors are expected to grapple with issues pertaining to North Korea. The rogue nations’ testing of its deadliest ballistic […]
Amazon.com, Inc. Valuation To Reach $1.6 Trillion Within 8 Years: Analyst
Amazon (AMZN) stock popped during regular trading hours on Thursday after one analyst said his Amazon valuation estimates suggest the company will be worth $1.6 trillion within the next seven to eight years. His note about the cloud and e-commerce giant boosted its stock by more than 1%, raising its market capitalization to nearly $472 […]
Is The Federal Reserve Doing Its Job?
Today let’s talk about the Federal Reserve’s “dual mandate” from Congress. It’s a phrase that gets thrown around a lot, so it’s worth unpacking. The Federal Reserve Act of 1913 established the central bank as we know it today, and, later, Congress also charged (mandated, if you will) the institution to promote maximum employment as […]
