Crude Oil: Having tested the 34.26 level and closed below that level on Thursday, we think crude oil faces the risk of a move lower. On the downside, support resides at the 33.00 level where a break w...
1) Korea’s Financial Services Commission will introduce a so-called “omnibus account” for foreigners investing in local stocks 2) Malaysian Attorney General Apandi Ali closed the investigation ...
The shares of Amazon (AMZN) are falling after the company’s fourth quarter results came in below expectations. However, many analysts defended the stock, saying that the miss was caused by highe...
Naturally, the gold promoters are out in force. The problem with their theories has always been that they are dead wrong. The REAL BULL MARKET will see the metals rise with equities. Right now, they...
It’s no secret that the Chinese stock market was off to a terrible start this 2016, as the government considered lifting emergency measures only to end up adding more uncertainty into the financial ...
Inflation could be worse in the euro-zone: headline inflation rose to 0.4% as expected and core CPI beat with 1%. This is a small comfort to the ECB and its efforts in battling deflation danger. Howev...
US economic output weakened in last year’s fourth quarter, according to this morning’s initial estimate of GDP. The pace decelerated to 0.7%, down from Q3’s 2.0% rise (seasonally adjusted annu...
And so the final quarter of 2015 is in the history books and we can officially accuse the US Bureau of Economic Analysis of “peddling fiction” about the US recovery, because at a growth ra...
Shares of Gilead (GILD), a leader in the hepatitis C virus treatment space, are sliding this morning after one competitor’s hep C drug was granted FDA approval and another’s sales disappoi...
Today is the last day of the first month of the year. I favor monthly charts over weekly and weekly charts over daily. Wanted to take a long-term view of the Nasdaq 100 on a monthly basis on this last...