Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. China rallied while Hong Kong, India, Indonesia, Japan, New Zealand and Singapore dropped a bunch. Europe is currently down across-the-board. Spain is down almost 3%; Austria, France, Germany, Norway, Switzerland, London, Italy, Greece and the Czech Republic are down more than 1%. Futures here in […]
Before the Open (Jan 23)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. Australia, Hong Kong, South Korea and Singapore dropped more than 1%. Europe is currently mixed. Greece is down 1.5%, Austria 0.6% and Norway 0.5%. Futures here in the States point towards a moderate gap down open for the cash market.
Before the Open (Jan 22)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. China rallied 2.2%; Indonesia and New Zealand also did relatively well. Europe currently leans to the downside. Belgium, Italy, Spain and Switzerland are down the most. Futures here in the States point towards a down open for the cash market.
The Warnings from the Retail Space Continue
This is a follow up to last week’s post where I wondered out loud if the declining retail group was a “canary in a coal mine.” Here are more stocks from the group that support my claim that something may be going on with the consumer. A few stocks are doing well (AMZN, M), but […]
Before the Open (Jan 21)
Good morning. Happy Tuesday. Hope you enjoyed your day off. My 19 days of visitors ended, and we moved to a new house in the mountains. I’ll post pictures later. The Asian/Pacific markets closed mostly up. Japan rallied 1%; Australia, China, New Zealand and South Korea also did well. Europe currently leans to the upside. […]
Earnings (Jan 20-24)
Next week’s earnings reports…I don’t entirely trust these because they are changing daily. Double check for yourself.
Before the Open (Jan 17)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. China, India, Malaysia and South Korea are down the most. Hong Kong is up. Europe is currently mostly up. Gains are not big, but they’re across-the-board. Futures here in the States point towards an up open for the cash market.
Solar Stocks Still Look Good
Solar stocks have been doing great. We’ve played several of them over the last few months (I hope you have too). Here are some charts that ought to give you some trading ideas going forward.
Before the Open (Jan 16)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Australia was the only country to post a decent gain. Indonesia and Malaysia dropped the most. Europe is currently mixed. Greece and the Czech Republic are down the most. Belgium and Amsterdam are up the most. Futures here in the States point towards a down open […]
The Retail Sector – A Canary in a Coal Mine?
As the market continues to move up and I maintain my bullish bias, I’m constantly on the lookout for a “canary in the coal mine.” Most of the time nothing exists; every once in a while something pops up that gets my attention. Right now it’s the retailers. Many – not just a couple, many […]