Kurt Osterberg

Browsing All Posts By Kurt Osterberg

Finance 0
EURUSD Daily Analysis – Tuesday, Aug 29

EURUSD remains in the uptrend from 1.1662. Further rise could be expected in a couple of days and next target would be at 1.2165 area. Near term support is at 1.1900, as long as this level holds, the...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Goldman Says Hurricane Harvey Will Reduce Q3 GDP; JPMorgan Says It Will Boost It

There are still two to three days before the peak flooding – and damage – in Houston arrives, yet already Wall Street is trying to calculate how much the worst natural disaster in decades ...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Deep Purple

Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB) DOW – 5 = 21,808 SPX + 1 = 2444 NAS + 17 = 6283 RUT + 4 = 1382 10 Y – .01 = 2.16% OIL – 1.06 = 46.81 GOLD + 18.70 = 1310.50...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Harvey Sinks Oil Prices, Stocks, & ETFs, Sends Gas Prices Higher

Hurricane Harvey sunk U.S. crude prices by 2.44% on Monday after the massive storm forced closures at multiple refiners in the Gulf of Mexico. Harvey, which began last Friday and caused devastating f...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Gold Approaching Neckline Of Reverse Head & Shoulders

It looks like a a massive reverse Head & Shoulders formation could play out nicely if Gold can break and hold above its neckline (and converging 40% Fibonacci retracement level) around 1376, as...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Ka-BOOM!

I don’t think there’s ever been a single stock I’ve suggested as a short more than Finish Line (FINL). My poor tastytrade viewers probably got sick to death of hearing about it, but it’s one o...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Bullish Trade Setups That I Am Following This Week

Such a dull market. If you are losing your mind watching the ticks, go outside, take a walk, and come back in. You probably won’t miss anything. Since the gap higher, the bears are trending th...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Grocery Stocks Sink On First Day Of Amazon & Whole Foods Merger

Shares of several grocery store chains, including Kroger and Sprouts Farmers Market, dipped on Monday after Amazon’s (AMZN – Free Report) acquisition of Whole Foods (WFM – Free Repor...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Safe Bulkers – Chart Of The Day

The Chart of the Day belongs to Safe Bulkers (SB). I found the dry bulk shipping stock by using Barchart to sort today’s Top Stocks to Own list by the highest Weighted Alpha. The Top Stock...
On August 28, 2017 / By Kurt Osterberg
Finance 0
Deja Vu

According to orthodox theory, if interest rates are falling because of term premiums then that equates to stimulus. Term premiums are what economists have invented so as to undertake Fisherian decompo...
On August 28, 2017 / By Kurt Osterberg