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European markets have opened higher on Wednesday. Asian markets were mostly positive with China the exception to the rule. Wall Street is set to open on a positive note later. Oil prices are positive...
Last December, Wall Street looked like a forest thanks to all the bears prowling around. This December, things seem a little more jolly, with major indices beginning the month near all-time highs and...
MACROThe S&P 500 finished higher by 25 basis points to close at 3,141 yesterday. It is hard to complain about anything when it comes to how the market has performed in 2019. I can’t think of...
Bed Bath & Beyond Inc. (BBBY) BBBY had a nice corrective pullback, exploding the last two days. On Tuesday, it was up another 91 cents, or 6.7%, to 14.48, with a high of 14.52, closing just...
After the powerful rally this year in computer chip manufacturer shares, these companies now have little room for error. Investors have built a strong bullish case for the sector that went through a...
Emini and Forex Trading Update: Tuesday, November 26, 2019Pre-Open market analysisAfter a big gap up and strong bull trend on the open yesterday, the Emini entered a trading range. It broke above last...
Despite an embarrassing debut of the cybertruck last week, which saw shares in the stock drop 6%, orders for the electronic pick up truck are through 200,000.The bulletproof armoured glass of the...
It could be the fact that the calendar year is winding down. Or, it might be the recent volatile seesawing of share prices in the cannabis sector that has market watchers wondering out loud about the...
European markets have opened flat on Tuesday. LCG pricing points to a lower start on Wall Street after record highs were made yesterday. The US dollar is mostly firmer while the British pound is down...
S&P 500 (SPY) Stocks jumped on November 25 with the S&P 500 rising by approximately 70 basis points, closing at 3,132. The index managed to clear support at 3,110 and was off to the race,...
The FTSE 100 trades just shy of 7440 resistance, although yesterday’s relatively small range and tall upper wick shows a hesitancy to break higher. As it currently trades around...
How does Netflix (NASDAQ:NFLX) manage to show positive net income yet burn hundreds of millions of dollars each quarter? It’s the magic of GAAP accounting. Each quarter NFLX has to spend...
One thing for sure, I have talked about the Russell 2000 IWM enough for you all to know, that we really wanted to see this index move across the monopoly board. Over the weekend I wrote, “With...
AbbVie Inc (ABBV) ABBV popped 1.71, or 2%, to 87.76, with a high of 87.88, on 7.75 million shares on Monday. This stock is a swing that we’ve been putting out for about a month now that has gone...