Market CommentaryMore Market Commentary
BIDU is pretty much the Chinese Google. It’s a stock that has split a few times. As a company, it does not pay dividends. From a trading perspective, this stock can move! It is quite volatile.
The market is resting right now, which is good for some of these tech stocks, which were just on fire. BIDU has been in a consolidation for a few months now. The $166 area is a super strong support. Like Jerremy Newsome doing 120 on the triceps machine in the gym last night strong. It is also at an all-...Read More
Shares of the coal company, Peabody Energy , are down over 31% year to date. Peabody Energy trades at a forward PEG ratio of 0.33 and is expected to grow EPS next year by 83.30%. The median Wall Street analyst price target is $24, which is more than 31% above the current share price. Generating positive free cash flow isn’t a problem either compared to competitors such as Walter Energy who hasn’t done so in the last year. Peabody Energy also offers better yield protection than Walter Energy ...Read More
Industrial stock sector ETF Relative Strength Ratio fell below its 50-day SMA on 12/4/13, thereby turning systematically neutral .
Financial stock sector ETF Relative Strength Ratio whipsawed back up above its 50-day SMA on 12/4/13, thereby turning systematically neutral .
NASDAQ 100/S&P 500 Relative Strength Ratio rose above its highest levels of the previous 14 months on 12/4/13, thereby reconfirming its preexisting long-term uptrend.
Foreign Stocks ETF Relative Strength Ratio fel...
One big problem with the world media today is that sensationalism and fear drive the news flow. This is nothing new, and I have certainly said this before as it relates to the market, but this time, I am saying it as it relates to our lives.
I read something two days ago that immediately struck me as so dangerous, it required further media exploration, but so far none is forthcoming. In fact, it appears the information is benign, ho-hum, and otherwise a given. Drones are coming to a neighbor...Read More
March U.S. T-Bond futures a selling opportunity on more price weakness.
See on the daily bar chart for March U.S. Treasury bond futures that prices are in a choppy downtrend and the bears have the near-term technical advantage. See, too, that the shorter-term moving averages I follow are in a bearish mode as the 9-day is below the 18-day moving average and both lines are trending lower. A move below solid chart support at the November low of 128 31/32 would become a selling opportunity. The do...
Featured StoriesMore Featured Stories
A few colleagues and I were chatting after their return from a recent trader’s expo, and the topic of Futures versus Forex came up.
This seems to have been a hot topic from the event and the subject of numerous debates between the various traders in attendance. The forex traders argued in favor of their ability to trade day and night, without the time constraints futures traders' experience. Futures traders contested that their wide variety of trading opportunities, ranging from currencies, e...
Whenever we look at different places where to put our money, real estate has always come to our minds as traditional investors have made lots and lots of money in this market. It’s only in recent times that with a credit freeze, the brick market has suffered an important contraction.
Fortunately, the tide seems to be turning as we see some interesting growth in the chart of the PHLX Housing Sector Index .
NAHB HOLDS ABOVE 50
The first reason that makes us think this market is ready for us to ...Read More
Profitable traders are educated traders. Every day here at TraderPlanet we publish commentary highlighting Markets on the Move that identify tradable opportunities.
In our Features section, we publish longer-range market outlooks and educational articles that can help you hone your trading approach.
Here's a look back at our top stories from November.
Fortify YourselfRead More
I am a big fan of trading books. How big? I have read over 300 books related to the market, investing, and trading and reviewed almost all of them on Amazon.com. Some trading books have the ability to lay out the principles that lead to profitable trading while others are not written by traders, but instead only about trading by writers who never traded an option or future contract in their life and contain little value beyond basic facts.
Here are the top trading books that really changed my...Read More
Perhaps providing evidence of a belief that social impact investment products are gaining a foothold in the broader financial market, investment management company Calvert Investments has launched a green bond fund that can be utilized by individual investors seeking to diversify a core fixed-income holding with a sustainable investment solution.
The Calvert Green Bond focuses on opportunities related to climate change and other environmental issues primarily through investment in bonds. The ...