Airtime: Wed. Feb. 10 2010 | 10:49 PM ET
The BoK’s decision to keep rates on hold at 2% on Thursday came as no surprise to PK Basu, MD & chief economist at Daiwa Capital Markets. He tells CNBC’s Oriel Morrison what contributed to the central bank’s dovish tone.
Own Leading Stocks An easy way to beat the market is to find and own leading stocks. Put simply, that is exactly what you get with your FindLeadingStocks Membership. We receive quite a few emails asking us what is included in a FLS Membership. So we decided to give you a glimpse of some of our work…
Monday, April 3, 2017 What to expect from Trump’s meetings with el-Sissi and Xi. As the backend-loaded week kicks off, Wall Street will turn its eyes to U.S. trade data ahead of U.S. President Donald Trump‘s meeting with Chinese President Xi Jinping. “Traders are going to be parsing through that data for hints on what…
Market Outlook- Confirmed Rally:
The major U.S. averages are back in a new confirmed rally and broke above resistance of their 6-week base. The benchmark S&P 500 index scored a proper FTD on Tuesday, October 18, 2011, i.e. Day 12, when it rallied over 2% on heavier volume than the prior session. The next important area of resistance is its longer term 200 DMA line. In addition, it is important to note that the bulls scored a victory since many of the major averages closed above their downward sloping 50 DMA lines for the first time since late July! Our longstanding clients/readers know, we like to filter out the noise and focus on what matters most: market action. If you are looking for specific help navigating this market, please contact us for more information.
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“It Is Not the Strongest of the Species that Survives But the Most Adaptable.” ― Charles Darwin Digital Media 1.0 Is Dead: Earlier today, Todd Harrison, of MinyanVille Fame, penned a great piece titled “Why I’m Exiting The Digital Media Business.” Once again he is way ahead of his time and has his finger right on the…
The following was from my twitter feed (to get live access, simply follow @adamsarhan) on 12.29.2011 1. @adamsarhan One of the strongest correlations remains: S&P500/ $XLF (financials ETF) = +97.5%! 2. @adamsarhan Another very strong correlation is SP500/Crude Oil= +95.2%! 3. @adamsarhan However: Euro/Gold correlation remains very strong at nearly +90% 4. @adamsarhan SP 500/Gold correlation has…
“Once the 50-day average is broken on a weekly basis, it a first sign of weakness and that the trend may be changing,” said Adam Sarhan at Sarhan Capital.