Market CommentaryMore Market Commentary
It was quite the day yesterday in the fuel-cell world. How far the mighty can fall when the mighty fly high only on hot air. PLUG fell from the high $11 zone all the way down to just below $6 about as quickly as market gravity allows. Today, it is up somewhat, just as BLDP and FCEL are, but me thinks this is the desperate trying to recoup huge losses.
- Well, yesterday you commented on the stratospheric price level of PLUG and it didn't tank till today. Kindly explain this delay!
That I did a...Read More
May SRW wheat futures a buying opportunity on fresh price strength.
See on the daily bar chart for May soft red winter wheat futures that prices are in an uptrend and have just hit a three-month high. The bulls have the near-term technical advantage. A move in prices above chart resistance at this week’s high of $6.67 1/4 would give the bulls some fresh upside near-term momentum and it would also become a buying opportunity. The upside price objective would be $7.25, or above. Technical sup...Read More
The Tesla Model S is a ground-based vehicle, however when driving one, the nearly 1000/ft/lbs of torque at the wheels makes it seem like the sporty sedan could almost fly. The ‘astronaut effect’ is palpable behind the wheel and the stock isn’t much different.
But heads up: shares of TSLA may be about to hit an air pocket.
One of the core tenets for Tesla bulls is that demand far exceeds supply… and perhaps always will. Last fall, CEO Elon Musk repeatedly emphasized the strong demand picture...Read More
China has bought more beans than needed.
U.S. exporters are not letting them out of previous contracts without severe penalties. The USDA attaché’ in China reduced the import estimate one million tons last week as a result. China importers are desperately trying to move Brazilian contracts forward or sell cargoes to others. Chinese crushers are exporting excess meal to other Asian nations at deep discounts. Will China’s importers eventually pay the price for over purchasing or will recent sp...Read More
Staples Inc. is one of my favorite trading stocks because it always seems to gap and trade very nicely.
As a gap trader I am continually on the hunt for stocks that are gapping against the broader market. For example, on March 6, 2014 SPLS was gapping down on earnings. The gap down broke through prior demand at $12.59. This gave the stock a chance to potentially move into the next area of demand which was at $11.15. The stock opened at $11.87 and had a target of $11.15 giving it a potential o...
Featured StoriesMore Featured Stories
This week features one of the more intriguing IPOs of 2014, in my opinion. The company, Castlight Health , has developed a cloud-based software platform built to help corporations control rising health care costs. This is a problem that seven out of ten CFOs consider to be the most pressing one , according to CSLT.
It is a very early-stage company with limited revenue and significant losses. However, I believe that most investors will focus on its growth potential and the fact that it is a fir...
We’ve all heard the saying about the smart money and the, well, not smart money.
When a stock is trending up or down, it is wise to follow the smart money versus your gut feelings, news, or what your friends are doing.
A LITTLE BACKGROUND
If you’re not familiar with “On Balance Volume” let’s touch on what exactly OBV is. OBV was initially introduced to the world of technical analysis by Joseph Granville. It was one of, if not the first indicator, to measure positive and negative volume flow...Read More
I used to watch CNBC pretty much all day. Every uptick and downtick of the S&P, the Nasdaq Composite and the Dow – I was right there.
IPOs? Sure, I could tell you about them. Earnings reports, hot trades, analyst actions. All of it.
It’s exciting. It drives TV viewership. However, for investors, not only is it useless, but it’s actually dangerous.
Nobody makes serious life decisions based on “Monday Night Football” or “The Voice.” But for some reason, an entertainment vehicle l...
As the calendar turns to March, tensions in the Ukraine are escalating and the threat of war is looming. It's a mid-term election year which is typically negative for U.S. stocks.
The current U.S. equity bull market will enter its sixth year on March 10, which is long in the tooth by historical standards. March could prove to be a bumpy ride for traders.
Here's a quick look back at top stories from last month.
Market WatchRead More
Becoming involved in the impact investment space may sound good, but the Global Impact Investing Network , a sponsored project of Rockefeller Philanthropy Advisors, and nonprofit B Lab jointly offer an analytics platform that helps investors measure the social, environmental and financial performance of their investments.
Specifically GIIN and B Lab together promote tools that help impact investors measure and track the environmental, social and financial performance of their investments using...