Drug stocks have bounced back this year with the Nasdaq Biotechnology Index and the NYSE ARCA Pharmaceutical Index gaining 18.6% and 10.8%, respectively, year-to-date (YTD). There are several reaso...
I’m sure you’ve heard that malls are getting killed. Pretty soon there will be no malls. Except for those with a Planet Fitness! Source: WZZM There has been lots of ink (and electrons) spilled ove...
The Dow hits new highs, S&P 500 & Nasdaq not far behind. The S&P has rallied 31 points off of the Tuesday’s lows when Don Jr.’s emails hit the wire. Yeah, it actually sparked a...
For the past four weeks including this week’s trading so far, Crude Oil has been trading within a range of $5, whether in Brent or WTI with no clear direction. Brent Crude was in the range between $...
The Producer Price Index year-over-year inflation marginally declined from 2.4 % to 2.0 %. Analyst Opinion of Producer Prices The Producer Price Index is now on a noticeable moderation cycle – w...
Coffee has been rather cold the past few years, as Coffee ETF (JO) has declined from $80 back in 2011 to $15 of late. This decline has created a interesting Power of the Pattern setup and drove away...
The Dollar Index set the year’s high on January 3 a little above 103.20. Today it made marginal new lows for the year at 95.464. The previous low, set at the end of last month was 95.47. As this...
You could have knocked me over with a feather! (read “surprise comments” article here) Who knew? The Committee intends to gradually reduce the Federal Reserve’s securities holdings by decreas...
Bernanke presided over the Great Financial Crisis of 2008. Greenspan had the 1987 crash, along with the 2000 DotCom bust. Volcker had the bond debacle of the early 1980’s and the subsequent Latin Am...
The Bank of Canada raised rates and also pushed forecasts and expectations higher. USD/CAD tanked. Can the C$ continue higher? Here is their view, courtesy of eFXnews: Nomura Research continues to lo...