The market remains predominantly bullish, and there are several potential bullish trades we have considered in our Group Coaching class.
In the 4/18/16 blog I showed a study about US tax day (normally April 15th). The reason tax day may be important is that it is the last day that people can make IRA contributions to count for the previous tax year.
The current market rally is like a playground bully; shoving to the ground anyone in its path
The economic calendar is normal and includes some important reports. Despite this, the data will be overshadowed by Q1 earnings reports.
There wasn’t a whole lot to Friday’s action; Large Caps posted a small gap move break with Semiconductors managing a new all-time gap high.
A broad measure of commodities rose last week, posting the strongest increase for the major asset classes, based on a set of exchange traded funds. By James Picerno The rally marks the second straight week with commodities leading markets higher. The iShares S&P GSCI Commodity-Indexed Trust (GSG) rose 0.9% for the trading week ended Apr.…
April option expiration is generally bullish across the board with solid gains on the last day of the week, the entire week and the week after.
U.S. prescription drug prices are some of the highest in the world.
When silver, gold(NYSEARCA:GLD), and the precious metals industry were red-hot bullish in the 2000’s, investors could do no wrong.
Last week, the Federal Reserve released their March FOMC meeting minutes. Following the release, the markets surged higher as the initial reading by the markets was “the Fed is done hiking rates.”
This morning we got the latest Empire State Manufacturing Survey.
The stock in question is Adesto Technologies Corp(NASDAQ:IOTS), a semiconductor and embedded systems company headquartered in Santa Clara, California.
Last week, the Bureau of Labor Statistics (BLS) published the March monthly “employment report” which showed an increase in employment of 196,000 jobs.
The S&P 500 rose for most of the week and ended flat on Friday. The index closed up 0.5% up from Thursday and up 2% from last Friday and is 1.3% from its record high.
Seeing the triple-digit growth rates with many cannabis stocks, every investor wants a piece of the action. As a result, marijuana stocks have been highly sought after, and early investors have pocketed big profits.
Currently, stocks look likely to retest the late September/early October highs before taking a substantial correction.
To become a well-rounded trader, pay special attention to the major sectors because they are frequently interrelated.
Low volume at a new high has not seemed to matter during this decade.
US companies hired 182,000 workers in March, far above the meager 28,000 increase in February, the Labor Department reports.
The markets had a mixed, volatile session on Thursday.
With jobless claims hitting the lowest levels in almost 50 years today and the ADP report coming in light and below estimates we would not be surprised if the employment report tomorrow also came in light and below estimates.
You see, there’s a way to invest in real estate without ever buying a splinter of a building or a square inch of land.
The long-term trend of Growth stocks being stronger than Value Stocks has been up for years and years.
This commentary has been updated to include this morning’s release of Nonfarm Employment. March’s 196K increase in total nonfarm payrolls had revisions that resulted in 14K more jobs than previously reported.
A mid-cap cloud software application play that has been relentlessly beaten down—and, in my view, doesn’t deserve it—is Cloudera Inc (NYSE:CLDR).