Tag Archives for " gold "
The market pulled back on all the indices today. It’s almost as if it is teasing the bears. It has done this stair stepping process higher for several weeks now.
But there may something a little different this time and I discuss it in tonight’s video. I also briefly look at Michael Kors (KORS) which was up 8%, Mosaic (MOS) which was down 8% and Netflix (NFLX) which was up 4% today.
After the market closed, Facebook (FB) reported earnings and the stock was up about 3%. FireEye (FEYE) on the other hand was trading down 14% along with Whole Foods Market (WFM) trading down 6% in after hours trading. Continue reading
The stock market continues to push higher with the DJIA up 89 points, the SPX up 5.7 and the Nasdaq Composite up 18 points. Oil was higher today and positively influenced our two trade ideas on Apache (APX) and Chevron (CVX).
In tonight’s video I look at today’s market action and talk about a revised scenario for gold (GLD) that seems much clearer to me. Continue reading
The markets added another push higher today with a fair amount of volatility in the afternoon after the Fed announced no change in interest rates. The DJIA ended the day up 198 points and the Russell 2000 started to play catch-up also, up 33 points, almost 3%.
Oil looks like it may trying to trap some bears with the move today. In tonight’s video I also talk about 2 new trade ideas on Apache (APA) and Chevron (CVX). Continue reading
It started in China again last night as they reported lower than expected inflation. Then U.S. retail sales were below expectations. Then Wal-Mart dramatically cut its future earnings forecast and whoosh…the stock was down 10% on its heaviest trading day since January 2009 and its lowest close since May 16, 2012.
In tonight’s Weekday Market Wrap video I look at all of today’s action and check in on Germany and China. Gold continues to push higher. Three new trade ideas tonight on Celgene (CELG), Lululemon Athletica (LULU) and Tesoro (TSO). Continue reading
The stock market finished off its big rally week with an extremely compressed trading range on Friday. All the indices were showing this compression. In today’s Weekend Market Analysis video I talk about what this type of action might mean and when was the last time we were this extremely compressed. You might be surprised. Continue reading
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