Tech Talk for Wednesday September 13th 2017
Over 42,000 followers receive StockTwits comments from EquityClock. Previous milestone was set on August 21st when over 41,000 followers received comments.
Apple: Traders sell on news?
The U.S. Dollar Index recovered yesterday against major world currencies except against the British Pound. Anticipation of a reversal of Brexit is having a positive impact on the Pound.
StockTwits Released Yesterday @EquityClock
S&P 500 Index $SPX moved above 2,490.87 to an all-time high extending an intermediate uptrend
Dow Jones Industrial Average ETF $DIA moved above $221.14 to an all-time high extending an intermediate uptrend.
Job openings up 7.0% (NSA) in July, short of the 9.8% average gain for the month.
Technical action by S&P 500 stocks to 10:15: Bullish. Breakouts: $KSS $AMG $EMR $JEC $LLL $APD $CFG $MOS. No breakdownsRead More
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I always try to read everything that Jeremy Grantham’s GMO publishes, but I somehow missed this one until it was republished on Meb Faber’s Idea Farm. Good stuff: Don’t Act Like Stalin. Lot’s of good takeaways (as always). GMO’s main point was that chasing recent performance is a game yo ...
(Flickr) The markets caught a bout of volatility in the last two weeks. A sudden downdraft led to breathless headlines of impending doom followed by a bounce back. Overall, stocks have been on a long bull run since the U.S. market bottomed in 2009. But the aging bull market comes with lofty v ...
One way to decompose the GDP is in terms of its expenditure components, Y ≡ C + I + G + NX. I like to write "≡" instead of "=" to remind myself that this decomposition is measurement, not theory. In what follows, consumption is measured in terms of nondurables and services only--I add consu ...
Natural Gas has been testing the $2.60 level for two weeks now. I have placed arrows around the centre of the first quarter in each of the last six years. By watching Natural Gas closely right now, there can be a great 4-6 week trading opportunity that is not correlated to the equity market indexes ...
Firm is set to benefit from ambitious infrastructure plans at home and abroad ...