Anyone who knows me knows how big a fan I am of “Market Internal” divergences (or momentum divergences as well).[More...]
I wrote an article on July 5th, 2010 as Taseko was collapsing after a Federal Review Panel concluded that Prosperity would have significant adverse affects on the environment. As the stock was plummeting from the news I wrote to readers that Taseko was…
ITT Educational Services, Inc. (ESI), a leading provider of technology-oriented postsecondary degree programs, is scheduled to report Q3-2010 results on Thursday, October 21, 2010. In the last four quarters ending June 2010, the company’s reported eps …
Delta Air Lines, Inc. (DAL), the largest passenger airline in the world, is scheduled to report Q3-2010 results on Wednesday, October 20, 2010. In the last quarter ending June 2010, the company’s returned to quarterly profits after two consecutive quar…
So far, the S&P 500 has gently crept to the two shorter-term upside price targets after the breakout from resistance at 1,130.[More...]
Last week saw another string of active sessions in commodity markets, with precious metals continuing their climb higher and agricultural ETFs soaring on supply concerns around the world. The most interesting performance of the week came on Friday, whe…
The bank stress tests in Europe, which took place earlier in July, represented only the most recent steps in understanding and evaluating the debt crisis which struck the euro zone in early 2010. That crisis appeared to materialize out of thin air foll…
Commodities can have great trends and represent a diversification alternative for longer term profit opportunities. However, very few individual investors are willing to trade futures, which is traditionally how traders get access to that market. There…
The Monster Employment Index Europe for online job opportunities increased in September to 21-month high of 117, up by 2% from 115 in August, and by 21% from the 97 reading in September last year (see chart above). Worker demand in almost all sectors…
The earnings season for the third quarter is now underway and it seems analysts have lowered their expectations for earnings. Although expectations have been lowered, earnings are still estimated to increase by 24% compared to Q3 2009. Three of the S&a…
US stock-index futures declined on Tuesday as investors stayed on the sidelines ahead of the release of minutes from the Federal Reserve’s September policy meeting.[More...]
Hello guys, seems like many of you who trades in the US stock market are enjoying a long weekend because its the Columbus day today and US banks are closed in observance for this.
Despite a number of fairly important disappointments last week (details below), the market was up for the week. The likely reason is an overwhelming belief that the Fed will continue its easing policy; after all, this is election season. An…
Kraft Foods (KFT), even before buying Cadbury earlier this year for $19.6 billion, had a great portfolio of processed food brands. And well before being fully spun off from Altria (MO) in 2007, Kraft had embarked on a five-year restructuring plan – t…