As markets could be setting an intermediate top, investors are on the lookout of a tactical play to short sell stocks, for a short period of time. The stocks with a weaker stock chart are potential short selling candidates. We already wrote that, by far, the weakest stock market sector was retail, and we concluded that the retail to S&P 500 ratio revealed that the retail stock market sector will be an enticing short once markets weaken. This article features 3 stocks which investors are already selling, so they could be setting up for juicy short selling candidates. One of the weakest charts we observe is the one from Petroleo Brasilei...
Stocks recovered slightly from yesterday’s selling with the Nasdaq being the strongest index. Let’s review the TSLA, EEM, and TLT positions we got in on Monday. Watch tonight’s video to review a few more opportunities that are setting up specifically what stocks and ETFs where it’s time to sell the rallies… Video length: 00:13:54...
Stocks recovered slightly from yesterday’s selling with the Nasdaq being the strongest index. Let’s review the TSLA, EEM, and TLT positions we got in on Monday. Watch tonight’s video to review a few more opportunities that are setting up specifically what stocks and ETFs where it’s time to sell the rallies… Video length: 00:13:54...
The larger trend is probably headed lower from here in order to work off some of the excess that has accumulated since the election. But the short-term is oversold. I think it means we could get a market bounce that will draw people in before heading lower again. Or.. there is always the possibility of the dreaded sideways market. The major indexes bounced back today, but the internals were weak again as shown by the bullish percents. The New Highs / New Lows are weak although not looking too bad. The Transports are right in between the 50 and 200-day averages. The Leader List The leader list has changed quite a bit. There are now eight forei...
The larger trend is probably headed lower from here in order to work off some of the excess that has accumulated since the election. But the short-term is oversold. I think it means we could get a market bounce that will draw people in before heading lower again. Or.. there is always the possibility of the dreaded sideways market. The major indexes bounced back today, but the internals were weak again as shown by the bullish percents. The New Highs / New Lows are weak although not looking too bad. The Transports are right in between the 50 and 200-day averages. The Leader List The leader list has changed quite a bit. There are now eight forei...
While we enjoy a good laugh, the truth is that the first step to protecting ourselves from losses is to protect ourselves from ignorance. Think of the “World Out Of Whack” series as your double-thick armour-plated side impact protection system in a financial world littered with drunk drivers. Selfishly, we also know that the biggest (and often the fastest) returns come from asymmetric market moves. But, in order to identify these moves, we must first identify where they live. Occasionally we find opportunities where we can buy (or sell) assets for mere cents on the dollar – because, after all, we ‘re capitalists....
While we enjoy a good laugh, the truth is that the first step to protecting ourselves from losses is to protect ourselves from ignorance. Think of the “World Out Of Whack” series as your double-thick armour-plated side impact protection system in a financial world littered with drunk drivers. Selfishly, we also know that the biggest (and often the fastest) returns come from asymmetric market moves. But, in order to identify these moves, we must first identify where they live. Occasionally we find opportunities where we can buy (or sell) assets for mere cents on the dollar – because, after all, we ‘re capitalists....
During a session that has a handful of strong announcements, this could be an interesting trading day. The Core Retail Sales and Retail Sales figures coming out of the United Kingdom will be important, just as Federal Reserve Chairwoman Janet Yellen is speaking. We also get New Home Sales numbers coming out of the United States as well, so there should be plenty of action. WTI Crude Oil The WTI Crude Oil market started to fall at the open on Wednesday, as a continues to reach towards the $47 level. A break below that level should be very negative, and send put buyers into the marketplace hand over fist. USD/JPY The USD/JPY pair has broken to ...
During a session that has a handful of strong announcements, this could be an interesting trading day. The Core Retail Sales and Retail Sales figures coming out of the United Kingdom will be important, just as Federal Reserve Chairwoman Janet Yellen is speaking. We also get New Home Sales numbers coming out of the United States as well, so there should be plenty of action. WTI Crude Oil The WTI Crude Oil market started to fall at the open on Wednesday, as a continues to reach towards the $47 level. A break below that level should be very negative, and send put buyers into the marketplace hand over fist. USD/JPY The USD/JPY pair has broken to ...
BATON ROUGE, La., March 22, 2017 (GLOBE NEWSWIRE) — Investar Holding Corporation (“Investar”) (Nasdaq:ISTR), the parent holding company of Investar Bank, today announced the closing of its underwritten public offering of 1,623,530 shares of its common stock at a price to the public of $21.25 per share, including 211,765 shares of common stock issued upon the exercise of the underwriters’ purchase option. Sandler O’Neill + Partners, L.P. served as the sole book-running manager for the offering, Raymond James & Associates, Inc. served as lead manager, and Hovde Group, LLC and Piper Jaffray served as co-managers. Investa...