Today's Markets

Richmond Fed: "Fifth District Manufacturing Firms Reported Robust Growth in May"

From the Richmond Fed: Fifth District Manufacturing Firms Reported Robust Growth in MayFifth District manufacturing firms saw robust growth in May, according to survey results from the Federal Reserve Bank of Richmond. The composite index swung from −3 in April to 16 in May, boosted by growth in t ...

The Changing Mix of Light Vehicle Sales

Whenever I'm driving, it seems like I'm surrounded by more and more SUVs and trucks. So I thought I'd look at the changing mix of vehicle sales over time (between passenger cars and light trucks / SUVs).The first graph below shows the mix of sales since 1976 (Blue is cars, Red is light trucks and SU ...

Can Advanced Auto Parts (AAP) Put The Chart In Drive?

Advanced Auto Parts has been significantly beaten up over the last year. The last six months shows the stock building a nice base. The stocks sets up nicely here, but lets review the technicals. First of all, the SCTR shows it becoming one of the top stocks for price movement. That is a big plus as ...

Commodity currencies are beaming

  Currency Markets The US dollar has given up some of its gains overnight as investors keenness for Greenbacks has temporarily abated. The shifting dynamics around trade and tariffs does give pause for thought as US dollar bulls are consolidating gains at a very tricky and treacherous junction fo ...

SPX -- Looking Ahead

FundamentalsTotal business sales have been ticking along at nearly 6.5% yr/yr. With reasonably strongvolumes and a price/ cost ratio fairly even, pretax margins have been advancing, and bottom linesare enjoying the large extra kicker from the tax cuts. As well, inventories are being managed wellcom ...

5/20 MWL Recap - Guest Co-Host Julius de Kempenaer - Monday Set-Ups - Earnings Spotlight

  Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. The show runs throughout the day on StockCharts TV or ...

Hasbro Hits Stiff Resistance Zone

I do not often highlight stocks with bearish setups during a bull market, but Hasbro shows some serious weakness over the past year and looks poised to peak again.  First and foremost, the chart shows Hasbro (HAS) hitting a 52-week low in early April and this means the long-term trend is down. ...

Value in Short Bonds

For years after the financial crisis, many investors were resigned to earning next to nothing on their cash and short duration investments. Rising interest rates, however, have brought a new reality: The front end of the fixed income market looks attractive for the first time in almost a decade. In ...

Commodity Volatility 2018-05-18 Video

I posted an additional article regarding this weeks video. This is a link specific to the video. The US Dollar is working real hard against the commodity up trend, but some of the commodities cannot be suppressed. Oil, Natural Gas, Heating Oil, Gasoline, and KOL are all soaring.  I mentioned a ...

Oil Prices Rise: Pushing These Stocks Toward The Top

Oil is climbing today, as it has been for several consecutive sessions. Ultimately, there are two primary causes for the gains in the value of the commodity, one acting as root support and the other acting as the catlystic event that gave the commodity legs. Nonetheless, oil is a massive market, and ...