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An August 2016 analysis outlined a long-term bullish signal for stocks that has occurred only ten other times in the last thirty-five years. If we fast forward to December 2017, is market...
On Monday, most shares on Wall Street rallied sending the overall US Market higher with banking stocks being the biggest gainers during the session at the beginning of the week. The Dow Jones...
Pre-Open Market AnalysisYesterday gapped up to a new all-time high, but sold off in a trend resumption down day. It is a sell signal bar for a micro double top with Thursday’s high. Yet, the...
Data Largely NeutralOpinionThe indexes closed mixed Monday with positive internals on the NYSE while NASDAQ internals were negative. Volumes rose on both exchanges from the prior session. The charts...
This video discusses the forthcoming daily cycle low in the Nasdaq index and projects its likely price path through the rest of this year.
The Canadian dollar continues to move higher on Tuesday, after starting the week with slight gains. Currently, USD/CAD is trading at 1.2644, down 0.24% on the day. On the release front, both Canada...
Since the election, markets have accelerated the pace of the advance as shown in the S&P 500 chart below. The advance has had two main story lines to support the bullish narrative.It’s an...
The day started with a big jump on Globex Sunday night after the senate passed the tax bill over the weekend. The Asian markets closed mixed, and the Stoxx Europe 600 gained 1%. After a hard selloff...
The CAC has started the week with strong gains. In the Monday session, the CAC is at 5355.80, down 0.64% on the day. On the release front, French Final Services PMI improved to 60.4, above the...
Here are six undervalued stocks that could trade significantly higher if and when the corporate tax rate is reduced to 20%.Market Jumps as Senate Passes Tax BillThe Senate narrowly passed a tax bill...
The DAX index has losses on Tuesday, erasing the small gains seen on Monday. Currently, the DAX is at 13,000.00, down 0.45% on the day. On the release front, German Final Services PMI edged lower to...
Viralytics Ltd (AX:VLA) continues to report impressive preliminary data for Cavatak in combination with immune checkpoint inhibitors (ICIs), whether administered intravenously (iv) or by...
Dave & Buster's Entertainment, Inc. (PLAY) just released its third-quarter financial results, posting earnings of $0.29 per share and revenues of $250 million. Currently, Dave & Buster's is a...
Just two and a half months after the US national deficit surpassed $20 Trillion for the first time ever, the United States government has now managed to rack up another half Trillion and the...
L3 Technologies Inc.’s (NYSE:LLL) Vertex Aerospace business unit recently clinched a modification contract for providing additional support to the U.S. Navy’s T-45 Goshawk aircraft...