The current market environment is tough for traders. There’s a plethora of indicators that... Read More
The current market environment is tough for traders. There’s a plethora of indicators that are either disconnected or conflicting, making the market difficult to navigate. But I’ve seen... Read More
A recent breakout sets shares up for a rally to last year’s highs and possibly beyond. As the... Read More
A recent breakout sets shares up for a rally to last year’s highs and possibly beyond. As the broader market moves sideways in a fairly tight range, we must dig a little deeper for... Read More
The commodities frenzy in 2007-2008 drove energy and mining stocks up to astronomical heights... Read More
The commodities frenzy in 2007-2008 drove energy and mining stocks up to astronomical heights before the ensuing bear market erased all of those gains. While energy stocks and precious metals miners... Read More
Apple (NASDAQ: AAPL) surprised investors who were concerned about slowing iPhone sales when it... Read More
Apple (NASDAQ: AAPL) surprised investors who were concerned about slowing iPhone sales when it reported its fiscal Q3 earnings in late July. While profits on the smartphone were down, Apple reported... Read More
When it comes to what people say versus what the market says, I think it is wisest to listen to the market. Just look at mining machinery maker Caterpillar (NYSE: CAT), which fell almost 1% in premarket trading on Tuesday after the company beat second-quarter earnings estimates but reported declines… Read More
Fast food purveyor Shake Shack (NYSE: SHAK) burst onto the trading scene last January with a... Read More
Fast food purveyor Shake Shack (NYSE: SHAK) burst onto the trading scene last January with a hotter-than-hot initial public offering. SHAK soared from its $21 offering to $45.90 by the close on its... Read More
After a record-setting rally in bonds, the better-than-expected June jobs report gave bond traders... Read More
After a record-setting rally in bonds, the better-than-expected June jobs report gave bond traders an excuse to bank some fat profits. However, a look under the hood shows that, structurally, nothing... Read More
For as much time as analysts spend studying charts and getting the opinions of other professionals,... Read More
For as much time as analysts spend studying charts and getting the opinions of other professionals, sometimes the most useful information comes from people outside the job. Whenever I attend one of... Read More
With the Brexit dominating the news and fraying traders’ nerves, it seems crazy to think a... Read More
With the Brexit dominating the news and fraying traders’ nerves, it seems crazy to think a footwear maker would be poised to rally by double digits. However, the chart of Crocs (NASDAQ: CROX),... Read More