Today started nicely when I closed my postion with NEOM. Plan was to try to conserve my capital for a NEOM bounce but too many other plays popped up and, well, I took them. We’ll see how wise that was in the coming days. Tomorrow I’m pretty much bu…
Today started nicely when I closed my postion with NEOM. Plan was to try to conserve my capital for a NEOM bounce but too many other plays popped up and, well, I took them. We’ll see how wise that was in the coming days. Tomorrow I’m pretty much bu…
Broadcom Corp.(NASDAQ:BRCM) is one of the leading semiconductor stocks that has come under selling pressure this afternoon. BRCM stock is trading lower today by $1.14 to $35.38 a share. This stock is selling off sharply lower today after staging a three day rally into important daily chart resistance. Short term day traders should watch the [...]
Our task is to estimate relative growth in a given price with time. We use the ratio of price index, P(t), and GDP per capita in current prices, Y(t) (the idea borrowed from V.Kossov): Z(t)=P(t)/Y(t)Figure 1 presents the evolution of the pr…
Yesterday marked six months since the launch of the VelocityShares Daily Inverse VIX Short-Term ETN (XIV).While XIV’s launch was received with little fanfare, I was a huge fan of this ETN right from the start. Less than one week after XIV was launche…
Food is getting more and more expensive. Everybody knows that. Figure 1 illustrates the evolution of the price index of food since 1913. At the same time, the US economy also grows including the growth in real GDP per capita which is shown in Fi…
(The following is the Introduction to the latest BullBear Market Report for BullBear Traders members) In the last BullBear Market Report, I called for a significant correction to begin and announced that I had closed all long positions and initiated a short position. My current analysis suggests that that continues to be the correct view [...]
This morning, it was announced that Morgan Stanley (NYSE:MS) in Asia invested $50 million in Yongye International, Inc. (NASDAQ:YONG). This is a significant investment for a company only valued at approximately $250 million. In addition, it is catching Wall Streets eye because of the recent problems in many Chinese stocks. Over the past few months, [...]
Germany, already an avid fan of solar energy, announced they would have all nuclear power plants shut down by the year 2022. This was in response to the horrific catastrophe in Japan just a couple months ago. The meltdown at the Fukushima Daiichi nuclear plant caused radiation to spread throughout much of the region and [...]
This morning, the major stock market indexes have faded from the sharp gap higher open. This fade from the open can only mean that the U.S. Dollar Index is trading off the morning lows. The S&P 500 Trust(NYSE:SPY) is short term oversold intra-day, however, the next major support level for the SPY will be around [...]
This morning, the major stock indexes are all trading higher as the U.S. Dollar Index remains at the lows of the session. The rally today is broad based with early strength in energy, commodities and technology. Two leading technology stocks are not participating in the morning rally and they are Salesforce.com Inc.(NYSE:CRM), and VMWare Inc.(NYSE:VMW). [...]