VIX bounced from its Pennant formation trendline closing above its Short-term support at 14.60. This maintains a potential aggressive buy signal (NYSE sell signal). A breakout above the weekly high ...
The confidence in the European banking system is decreasing on an almost daily basis. Six years after the global financial crisis, most of the European banks are still struggling to meet the minimum r...
After recent (and in some cases very dramatic) bearish conversions by the likes of JPM, BofA (BAC), Citi (C) and UBS, the only bank that steadfastly held a bullish view on stocks during the rec...
The US dollar continued the recovery begun May 3 and rose against most of the major currencies over the past week. A nearly 3.5% rally in oil prices, the fifth weekly gain in the past six weeks (a $9....
Up until late April the market was on one incredible rally. Day after day, week after week, all stocks could do was go up, up, up. We even saw the market get within 27 points – less than 2% ...
After a week in which all the big retailers—Macy’s (M), Kohl’s (KSS), Nordstrom’s (JWN), Gap (GPS), JC Penney (JCP), Dillard’s (DDS)—reported exceedingly downbeat results for their April q...
After a week in which all the big retailers—Macy’s (M), Kohl’s (KSS), Nordstrom’s (JWN), Gap (GPS), JC Penney (JCP), Dillard’s (DDS)—reported exceedingly downbeat results for their April q...