Gold Continues To Trump Resistance On Geopolitical Tensions
In “Post-Fed Rally: Good as Gold”, I concluded that gold futures prices looked “poised to shape a new upleg and test $1281 in coming weeks”. The level, corresponding to both a 61.8% Fibonacci retracement and a 61.8% target, constituted a fairly significant technical resistance and bypassing this threshold is a notable bullish development. Over the […]
Intuitive Surgical, Inc. Q1 Earnings Beat As Da Vinci Sales Rise 13%
Written by StockNews.com Intuitive Surgical, Inc. (Nasdaq: ISRG) late Tuesday posted market-beating first quarter results, as its revolutionary surgical robotic-assisted surgery machine continues to prove very popular. The Sunnyvale, CA-based surgical system maker reported: Q1 earnings per share (EPS) of $5.09, which was $0.11 better than the Wall Street consensus estimate of $4.98. Revenues rose 13.4% […]
IBM Shares Slump On Sales Miss, Yahoo Reports Earnings
Yahoo (YHOO) and IBM (IBM) released their latest quarterly earnings report after closing bell tonight. IBM reported adjusted earnings of $2.38 per share on $18.2 billion in revenue, compared to the analyst estimates of $2.35 per share and $18.4 billion. In the year-ago quarter, the company reported $2.35 per share in non-GAAP earnings and $18.7 […]
The US Dollar Is Determined To Have A Showdown
The US Dollar is determined to have a showdown with its 200-day. With all the global tensions I would have thought the dollar would be doing better. I haven’t had time to read the news so I don’t know if this selling is news related. Or maybe it doesn’t matter. People just didn’t want to […]
Stocks And Precious Metals Charts – What Is A Youth
“In one of his last speeches as Fed Chair, Bernanke bragged about how Fed didn’t have info it needed in 2009 to say banks were solvent. How would Bernanke know? He never took significant interest in the regulatory findings, simply followed assurances of others. OCC was complicit in tolerating excesses of banks in the lead […]
Is Passive Investing Toxic?
I can analyze the economy in specific detail for endless articles, but the health of the economy has had declining relation to the stock market returns lately. I calculated the correlation between quarterly GDP and the S&P 500 from 2008 to 2016. The correlation coefficient is 0.973 which signals there’s very high correlation between the […]
Sanderson Farms – Chart Of The Day
96% technical buy signals 14 new highs and up 14.10% in the last month Technical support at 107.45 The Chart of the Day belongs to Sanderson Farms (SAFM). I found the poultry products stock by using Barchart to sort today’s All Time High list first for the most frequent number of new highs in the last month, then again for technical […]
Clean Energy Stocks: Will This Be The Breakout Sector Of May 2017?
One of the questions we most frequently get from readers is about breakout markets and breakout stocks. That is why we are covering breakout stocks more than average in recent weeks. One of the few sectors that really look constructive at this point: clean energy stocks. It is almost the only potential candidate for a stock market breakout […]
How To Invest In New Discovery Plays
In this interview, Steve explains how he chooses to identify and invest in new discover plays. Video Length: 00:10:01
The Phenomenon That’s Been Plaguing U.S. Investors For Years
Call it patriotic… Call it lazy… But most people stick close to home when it comes to investing. This is called home-country bias, and it’s a phenomenon that’s too big to ignore. It’s pervasive across time and geography. And even though it makes investors feel all warm and fuzzy inside, it generally tricks us into accepting lower returns and higher […]
