Other Markets In Dow Points
Russell 2000: Down >400 Dow Points

Transports: Down >400 Dow Points

- Platinum down 5% almost 735 dow points
- Palladium down 6% almost 885 dow points
Russell 2000: Down >400 Dow Points

Transports: Down >400 Dow Points

Following excerpt explains it all: But doesn’t money growth produce inflation? Normally, yes, but it has to go somewhere for that to happen. He says, “You miss the circulation effects as the money moves between buyer and seller, saver and spender, three or four times. [Now] it just stays in the bank.” Full Article: Barron’s:…
6/1/15… It’s more complicated than you think The jury’s still out on how history will treat the Federal Reserve’s unprecedented stimulus program. After the central bank pushed its main policy rate to zero in December 2008, it started buying hundreds of billions of government debt and mortgage-backed securities to keep longer-term interest rates low. That became known as…
This week’s Trading Lesson Few Make Money; Most Lose: People frequently ask me, “How much money can you make trading stocks?” I understand why people ask the question but it is a question that does not have one easy answer because there are so many variables. It is like asking, “How much money can you…
Where’s the Data? & Would You Place This Trade? We know anything is possible but based on the “data” we don’t see a powerful reason for the Fed to raise rates when they meet on Thursday and here are 10 reasons why: First and foremost – The Fed is data dependent – Where’s the “data” that…
Guest post, by Adam Sarhan 11.23.15 Earlier today Pfizer ($PFE) inked a record deal to buy Allergan ($AGN) for $155B. The deal was primarily due to help Pfizer save billions of dollars every year in taxes (a.k.a. tax inversion). Pfizer is the latest in a series of high profile companies that are moving their headquarters…
The major averages advanced on Wednesday as the greenback slid to a 14-year low against the yen after the latest round of economic data was released. As expected, volume, a critical component of institutional demand, was lower than Tuesday’s levels ahead of the the Thanksgiving day holiday. The stock market will be closed on Thursday and is slated to close early on Friday (1pm EST) in oberservence of the holiday. Advancers led decliners by over a 2-to-1 ratio on the NYSE but trailed by a narrow margin on the Nasdaq exchange. There were 22high-ranked companies from the CANSLIM.net Leaders List making a new 52-week high and appearing on the CANSLIM.net BreakOuts Page, higher from the 12 issues that appeared on the prior session. In terms of new leadership, it was encouraging to see new 52-week highs outnumber new 52-week lows on the NYSE and Nasdaq exchange.