The Danger Is Still High, Here’s Why
After a face-ripping rally Wednesday, markets took a breather yesterday. Futures were pointing lower, which, frankly, wasn’t all that surprising given how sharply things ripped higher.
But while some have pointed to a bottom, the reality is the danger is still high. Look no further than how the rally failed at the downtrending resistance line.
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Read MoreRed Hot Inflation, Volatility Soars And Scary Prediction
When the CPI news hit the wires, the market immediately started to sell off on Wednesday. Concerns rose that inflation, which many thought had tempered, was in fact red hot.
Translation: The Federal Reserve would be less likely to cut rates. And since rate cuts have been priced in, the only way for the market to go was down,
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Read MoreIs a 34.6% Annual Return a Slam Dunk?
The old fox Warren Buffett might still have the midas touch after all. One of his favorite stocks in recent years has been Occidental Petroleum, and it’s been on a tear recently.
A quick look at the chart reveals that the stock has broken out to the upside, above an old yet key resistance level.
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Read More1 Under-the-Radar Stock with April Tailwind
You may not know EQT Corp well but it’s a prominent player in the natural gas industry and historically has a strong seasonal trend during the spring and early summer months as a result of a complex interplay of demand dynamics, investment trends, regulatory changes, historical performance, and global events.
Over the next 10 weeks,
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Read MoreThis Airline Just Made a Huge Change, Will It Pay Off for Investors?
Southwest Airlines (NYSE:LUV) is one of America’s major air transportation companies. Recently, under pressure to deliver improved value for shareholders and renewed growth, the company announced a slate of changes that could, if successful, increase both its top and bottom lines in the years to come.
Today, let’s take a look at Southwest Airlines to see if LUV is a buy,
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Read MoreThe Burst
Billionaire Buys Stake In Gene Therapy Stock
Ultragenyx may not have crossed your radar but it’s already in billionaire Stan Druckenmiller’s portfolio. What has he spotted in this novel therapies for rare and ultra-rare genetic diseases firm that convinced him to take a position?
Its focus on underserved patient populations, deep pipeline of innovative products, and strong track record in obtaining regulatory approvals make it an attractive long-term investment,
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Read MoreThe Spotlight
Is Apple’s Dip The Perfect Buying Opportunity?
Apple has fallen by almost 15% from nearly $200 per share in recent months. The decline appeared to precede the major market averages more recent correction but does it bode ominously for Apple or has the recent pullback offered new buyers an opportunity to get in on a great company at sale prices?
In the near-term,
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Read MoreThe Daily
Why gold is having its best year since 1979
Gold has broken yet another record this week, illustrating just how anxious investors are about the health of the U.S. economy.
This week, the price of gold hit $4,000 per ounce for the first time ever. That’s the latest milestone in its massive ongoing rally, with prices rising more than 50% just this year.
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