Unlike any of my other screens, this stock screen focuses only on stocks trading under $10/share, and have a market cap of around $1 billion or less (I’ve included a few above that threshold this time around though). As...
Read MoreEconomic Reports Due out (Times are EST): NFIB Small Business Optimism Index (7:30am), ICSC-Goldman Store Sales (7:45am), Retail Sales (8:30am), Redbook (8:55am), Business Inventories (10am), FOMC Statement (2:15pm) Premarket...
Read MoreThe Bank of Canada’s Governor, Mark Carney, delivered a speech today entitled “Growth in the Age of Deleveraging”…here’s an excerpt: “These are trying times. In our largest trading partner,...
Read MoreHere a few shorts to consider for today and tomorrow as market conditions continue to weaken. Haliburton (HAL) Dow Chemical (DOW) Mosaic (MOS)
Read MoreData released this evening for Australia shows a considerable drop in Home Loans and Trade Balance as shown on the graphs below (provided courtesy of www.forexfactory.com). The Daily chart below of the AUD/USD forex pair shows...
Read MoreEconomic Reports Due out (Times are EST): Treasury Budget (2pm) Premarket Update: Futures are moderately lower heading into the open. Asia was mixed but on the whole, was up 0.8%. Europe is trading lower, on average about -1.0%...
Read MoreBelow is a Daily Year-to-date chart of the VIX. It has closed below December’s TPO Profile POC (red horizontal line)…it is sitting on a 38.2% Fibonacci fan line and its lower Bollinger Band, and is just above its...
Read MoreA Golden Christmas? If Gold, firstly, holds above the 50 sma (red), then breaks and holds above 1733 (triangle apex and Monthly VWAP confluence) and, subsequently, 1745 (trendline resistance), it may be on its way to 1900...
Read MoreNote: I wanted to put this post on the front page and let you all know (or remind) that we have some excellent trading groups on SharePlanner that you can join for free (or even start your own). Below is the latest post from the...
Read MoreA great example of a positive breakout. Wait for the moving average crossover to sell, or because of the amount of profit take 1/2 off the table and let the rest stay in play. Read...
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