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A Brief History of The Global Economy
LIKE THIS? JOIN OUR FREE NEWSLETTER Has copper lost its importance? The basic premise is that for the past few years, copper and other industrial metals, no longer play a critical role for global economic growth. Don’t take my word for it; the proof is in the charts. Since 2011, copper prices have been…
Adam Sarhan Reuters Gold Quote
“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.
A Near Term Top & The "V" Word Has Returned To Wall Street
Read here: https://www.forbes.com/sites/adamsarhan/2017/06/29/a-near-term-top-the-v-word-has-returned-to-wall-street/#5d72016e1ebd
The Black Swan Returns
Insight on the bearish options bets that initially sparked the thousand point decline on the Dow, with Nassim Taleb, “The Black Swan” author.
Resistance Should Become Support
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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FindLeadingStocks.comReuters: Wall Street to open flat as ADP jobs data boosts rate hike odds
Wednesday, March 08, 2017 9am EST U.S. stocks were set to open little changed on Wednesday after a better-than-expected private sector hiring pointed to a healthy labor market, making an interest rate increase by the Federal Reserve next week near certain. The report is seen as a precursor to Friday’s more comprehensive nonfarm payrolls data,…