- On the Employment Mess2012/05/08
Last week we were all treated to a report on the unemployment situation in the U.S. that was not pretty. Sure, on the surface the “official” unemployment rate of 8.1% looked good and that was a nice splash for the media to publish. But, beneath the number there were several areas that concerned investors and [...]
- There Will Be Pain – Greece Looking Likely to Exit?2012/05/07
Overall it was a very sloppy day. Perhaps the relief that Greece may be looking to leave the Euro region was reason for European markets to move higher. But, it will obviously cause Greece some hardship. The equity market over in Europe tell the story. Ouch. That is obviously a nasty reaction to the elections. [...]
- S&P 500 – Updated Level Watch for Support2012/05/07
Last week we looked at the key levels of support for the S&P 500. On Friday it held just about the the penny and that would have set up some sort of potential for the bulls to come in – if not for the European debacle again. The S&P 500 has some important tests over [...]
- TDI Podcast: Financial Preppers, Gold and The Two Headed Llama Economy (#262)2012/05/07
Guests: Kerry Lutz of The Financial Survival Network comes to us with a discussion of why some hard assets and MLPs. Gold and Silver are discussed as are some alternative energy (high yield) plays. Hear of the 2-headed Llama? We have the push-me, pull-you markets now and there is a battle between the earnings and [...]
- S&P 500 – Charting the Key Area of Support (Make or Break)2012/05/04
There is clear support across a high volume node from the most recent swing at 1,368.72. That is a point that provides for a “bounce” if it approaches. Now that the index is once again below the 50 DMA, there are additional considerations, but the more important area is defined. Follow @andrewhorowitz Crossing below that [...]
- The Employment Report Cometh – What To Expect2012/05/03
The fear is palpable. What may be coming on Friday could be a disappointment as compared to the lowered expectations – at least that is what the latest market gyrations are saying. Over the past few weeks, initial claims have been ramping higher and had been above to 4-week average. Then a surprise comes today [...]
- Acme Packet (APKT) – Earnings Release Setup2012/05/02
Acme Packet Inc (APKT) is expected to report earnings on 5/2/2012 (after the close). The current consensus of the 22 analysts is a buy rating. Over the past four weeks analysts have increased their rating and have increased it over the past three months. For this analysts are expecting next quarter’s EPS and revenue of [...]
- TDI Podcast: Trends and Cycles – Larry Williams and Mark Hanna2012/05/02
Guests: Larry Williams and Mark Hanna help us wade through the trends and cycles of the markets. Mark starts us off with a nice discussion about the IBD market trend and how that is derived. Then we get deeper into the markets and the areas that may provide some profitability. Larry Wiliams has predicted stock [...]
- Monster Beverage (MNST) – Where there is smoke….2012/05/01
Yesterday, the announcement of a potential deal struck me as obvious. Coca-Cola (KO) would be a direct beneficiary of the energy drink business which is booming. Adding the Monster brand to the mix could be instantly accretive if the price was right. Combining the distribution alone would be a great deal for both companies. On [...]
- China is Slowing – Charting PMI and Leading Indicators2012/05/01
The much awaited manufacturing index for China was released overnight. We have been seeing a sharp weakening in the Flash Index which is a private report by HSBC. In other words it is not the “official” numbers prepared by the Chinese government. There is plenty of skepticism when it comes the “official” data from China, [...]
- Manufacturing Trends are Slowing2012/04/30
By almost any measure, there is a slowdown in manufacturing here and abroad. Clearly the lack of stimulus and the forces austerity in Europe is starting to show through. In addition, as we have been noticing, both business ans wholesale inventory levels have been rising and while that is good for the statistical calculation of [...]
- Market Trend Indicator: Upgraded to Uptrend2012/04/30
Our proprietary Market Trend Indicator (MTI) has been upgraded. Just a few short weeks ago, the market started to slide and the indicator quickly signaled a Strong Downtrend. As of Friday’s close, that changed to a market Uptrend. The MTIs we use: Strong Downtrend Downtrend Uptrend Strong Uptrend When this condition is present, it is [...]
- Economics To Watch This Week – Important Numbers Ahead2012/04/30
There are many areas to watch this week as some of the seasonal trends may have come to an end. Several key manufacturing reports will be in focus in the early part of the week and the big daddy NFP Payroll report will be coming on Friday. Follow @andrewhorowitz Earnings and economics have been diverging [...]
- TDI Podcast: Trends and Cycles – What To Expect Next and How to Prepare (#261)2012/04/29
Guests: Larry Williams and Mark Hanna help us wade through the trends and cycles of the markets. Mark starts us off with a nice discussion about the IBD market trend and how that is derived. Then we get deeper into the markets and the areas that may provide some profitability. Larry Wiliams has predicted stock [...]
- Sunday Fun: The Most Expensive Cigars in the World2012/04/29
I found a great article that just had to be a Sunday Fun piece. But $1,500 for one cigar? That is one expensive stogie… Ever wondered how much the 10 most expensive cigars in the world will set you back? As anyone who regularly smokes cigars can tell you, the hobby is not a cheap [...]
- Initial Claims Can’t Hold2012/04/26
The claims out this week were another sign that the employment situation is not only stalling, but it could be getting worse. Yes, Bernanke lowered his unemployment rate outlook, but the FED was way off on their last forecast. They are economists for goodness sake and allowed to change the forecast when thy are wrong…. [...]
- The Fed Statement – Side by Side Comparison2012/04/25
The Fed released the minutes of the recent meetings earlier and had a few noticeable differences from last month. By far the biggest change was the observation that inflation is picking up. That is not what this Fed is known for commenting on. Inflation has picked up somewhat, mainly reflecting higher prices of crude oil [...]
- Durable Goods: Another Negative Surprise2012/04/25
Durable goods orders were a mess. Falling the most in 3 years and way off estimates is a sign that the expansion is cooling. Obviously the economy and the performance of individual stocks need to be separated in this discussion, but depending on how poorly the economy does will eventually show up in earnings. [...]
- DHUnplugged #148: AAAAAAPPPPLE Does it Again, and Again….2012/04/25
Here is our latest conversation …. We cover a wide range from the earnings and the new rock car. An interplanetary asteroid retrofit in order to mine for raw materials. Apple is in focus as well as Netflix and other high profile names.. Several key items related to tech stocks that are perplexing along with [...]
- TPR – Apple (AAPL) Pre-Earnings Report and Gameplan2012/04/24
From TriggerPoint Research (our subscription services site) Apple Inc is expected to report earnings on 4/24/2012 (after the close). The current consensus of the 56 analysts is a strong buy rating. Over the past four weeks analysts have decreased their rating and have decreased it over the past three months. For this quarter’s earnings report, [...]
- TriggerPoint Research ALERTS! – Track Record Update2012/04/24
Every couple of weeks we provide and update of the overall status of the recent ALERTS! Here is the latest…. Excerpt: Interest and excitement remains high about TriggerPoint ALERTS! and we are continuing to expand our offerings with the introduction of Pre-Earnings Reports as well as ALERTS! for Latin American markets. Just this week we [...]
- The Spearman Indicator – Two Ways to Decipher2012/04/24
We often look to the Spearman Indicator as a reference point for the level of damage that is being inflicted on the markets in general and the potential for the trend to continue. If the indicator is under zero and heading lower, it is a sign that there is additional lows that should follow. Also, [...]
- Netflix (NFLX) – Pre-Earnings Report and How to Position2012/04/23
Netfilx (NFLX) will be reporting after the close on Monday. Since January, short interest has all but dissipated as the run from a the low $60′s to $135 humbled a good number of the bears. The current days to cover of 1.8 is close to the low which shows that there is a bullish sentiment [...]
- Economics You Need to Know – A Big Week Ahead2012/04/23
Economics and earnings reports will be coming in hot and heavy again. Europe will be the focus and we are probably going to be subject to a few wild swings over the near future as the 50-DMA will be contested. This is the line-in-the-sand that we often discuss as a place that volatility picks up. [...]
- TDI Podcast: DAS is Back! Market Trend, China Implosion and EuroZone Troubles (#260)2012/04/23
Guest: Satyajit Das explains how China is doing and provides insight into the real estate meltdown that may or may not be coming to the country. We also take a hard look at Europe and why there will continue to be trouble in the region. This episode begins with a discussion about the market trend [...]