Market Commentary

More Market Commentary
banner_image

Crude Oil Trading Levels - Labor Day Driving

SHORT-TERM

For Tuesday, 46.52 can contain weekly selling pressures, above which 53.02 remains a 2-3 week target. Upside today, 57.54 should contain initial strength, while pushing/opening above 57.54 signals 48.10 intraday, able to contain session strength. Closing today above 48.10 indicates 49.16 tomorrow, also able to contain session highs when tested and the level to settle above for sustaining a bullish dynamic into later week; 51.67 considered a 3-5 day target above 49.16. Downside tod...

Aug 30, 2016
Read More
banner_image

The Calm Before The Passive Investing Storm

Over a third of the market is now comprised of passive indexers. This is no joke...

Call me old-fashioned, but I was originally led to believe that the function and role of markets in a capitalist society was to direct capital to its most productive end — you know, Smith’s “Invisible Hands” and the productivity/profit link and all that jazz.

So what happens when instead of being deployed by thinking profit-driven investors… a growing portion of a nation’s savings are invested with the same di...

Aug 30, 2016
Read More
banner_image

How to Identify High Frequency Trading Trigger Orders

High Frequency Trading HFT is here to stay. The Securities and Exchange Commission SEC has an ongoing study of how HFTs impact price action. It continues to develop rules, regulations, and restrictions for this high profile Market Participant Group. HFTs provide liquidity to the Exchanges such as NYSE, NASDAQ, BATS, and ISE which is much needed as a huge amount of trading transactions are now off the exchanges.

 

Why is this important to you as a Retail Trader? It is important because it affe...

Aug 30, 2016
Read More
banner_image

Get In On The Ground Floor: Uranium Market Is Ready to Soar

A genius can't be forced; nor can you make an ape an alderman.

Thomas Somerville

By any estimate, the uranium market is trading in the extremely oversold ranges, but when the trend is down, a market can trend into the extreme of extremely oversold ranges, and we have seen this occur many times in the past.  The 15-year chart illustrates that the next layer of support comes into play in the $21.50-$22.00 ranges, so despite being extremely oversold the market still has room to trend lower. One ...

Aug 30, 2016
Read More
banner_image

Profit Big With Palo Alto Networks (PANW) Now

Palo Alto Networks has been a favorite of ours for the past few years.  It had a rough go of it last earnings cycle though.  They reported a 3rd Quarter April 2016 loss of $0.16 per share on revenue of $345.8 million. The consensus earnings estimate was $0.42 per share on revenue of $339.5 million. The Earnings Whisper number was $0.43 per share. Revenue grew 47.7% on a year-over-year basis.  The stock tumbled 12.4% as margins really took a hit.

The company said it expects fourth quarter non...

Aug 30, 2016
Read More