Economic Data Calls for March 19, 2019

Here’s what we are looking for in tomorrow’s economic reports (March 19, 2019) — Good Luck Trading! 1. RBA Minutes (20:30 ET) No Trade -- We do not trade minutes...

S&P 500’s New Medium-Term High, but Will Uptrend Continue?

The U.S. stock market indexes gained 0.6-0.7% on Wednesday, as investors' sentiment remained bullish. The S&P 500 index retraced more of its October-December downward correction of 20.2% yesterday. The...

Intel Will Have You In the Chips

The markets dropped hard today. The Dow Jones fell fast and hard, but one name in the $DJI held up well in the fallout. $INTC showed a lot of...

Chemical Weapons Watchdog Says Chlorine Was Used In Douma

The global chemical weapons watchdog said Friday it found "reasonable grounds" that chlorine was used as a weapon in a deadly attack on the Syrian town of Douma last...

Can Netflix, Apple, Square, and Micron Continue To Rise?

S&P 500 (SPY) The stock market finished flat on February 26. It would seem as if the S&P 500 is consolidating around this 2,800 level. It likes a good place...

China Blocks Travel For ‘Social Credit’ Offenses

Travelers in China were blocked from buying plane tickets 17.5 million times last year as a penalty for failing to pay fines or other offenses. The Chinese government reported this...

Stocks Gann Price Time Squaring Analysis

Positional  Traders can use the below mentioned levels Close above 1291 Target 1320/1333 Intraday Traders can use the below mentioned levels Buy above 1286 Tgt 1295,1305 and 1320 SL 1277 Sell below 1274...

Forget About 6% Earnings Growth For 2019–How About 1%?

I wrote about the possibility of an earnings recession in 2019. And I noted that the Wall Street analyst consensus for the year was pointing toward 6% growth in...

China Trade Talks Outcome Uncertain–But Market Reaction Even More Difficult To...

Today, a day when the U.S. financial markets seem to be in a mood to worry about China, is a good time to look at the likeliest outcomes of...

BB&T, SunTrust Announce Blockbuster Merger as Charlotte Gains a New Bank...

BB&T and SunTrust Banks announced Thursday that they have agreed to merge in a $66 billion deal to form a new bank that will be headquartered in Charlotte. The blockbuster...

A Gift for Republicans Editorial: Why the Abortion Controversy in Virginia...

If President Trump wins re-election in 2020, he may be able to thank a first-term state legislator from Virginia and a folksy, mild-mannered pediatric neurologist. The political turmoil stirred up...

Jobs Report Today Adds To Fed Puzzle

Last week the Federal Reserve signaled a huge policy change–no (or at most one) interest rate increase in 2019 and flexibility on continuing/ending the $50 billion a month program...