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Commodities Outshine Stocks in 2010
December 2010 Stock Market Commentary: The major averages surged in December and enjoyed double digit gains in 2010. Furthermore, the 18-week rally which was confirmed on the September 1, 2010 follow-through day (FTD) remains intact which is a healthy sign for 2011. Background: Before we address the current market outlook, it is important to step…
CNBC: Trade data will be in vogue as Trump-Xi meeting approaches
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…
Negative Reversal From Resistance; Stocks Give Back Earlier Gains
Heretofore, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been strong but the market action has been wide-and-loose which is not a healthy sign. The S&P 500 sliced below its two month upward trendline (shown above) which is not ideal. The next level of support for the major averages is their September highs, then their respective 200-day moving average (DMA) lines while the next level of resistance is their respective April highs. We have enjoyed large gains since the September 1st FTD and over the past two weeks, the tape remains somewhat sloppy. Trade accordingly.
Reuters Asks Adam About Cloud Computing
Cloud computing drives massive growth for big U.S. tech firms SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O), Microsoft Corp (MSFT.O), Alphabet Corp’s (GOOGL.O) Google and Intel Corp (INTC.O) are all putting their chips on the cloud computing business, and it is booming. All four companies posted stellar quarterly earnings on Thursday, showing the strength of…
Is The Market Expensive?
I’m frequently asked: Is the Market Expensive? Value is Subjective: I believe the answer is very subjective. My standard response is: “Value, like beauty, is in the eye of the beholder.” -Adam Sarhan P/E Ratio: The P/E ratio is a common ratio used to measure a market (or stock’s ) value. The ratio is derived…
July 4th Special- Put Some Fireworks In Your Portfolio With Big Leading Stocks Today
July 4th Special! Sign Up To Our Find Leading Stocks Report Today For Only 17/Week And Get 6-MONTHS FREE! ($600 Value!) – Sign Up Here WHAT WE DO: Help You Buy And Own Leading Stocks…Early WHY WE DO IT: Information Is The Most Valuable Commodity On The Planet. Big Institutions Pay Millions Of Dollars…