Everyone in the trading world is talking about AT&T (NYSE:) these days. As you know, the communications giant recently won a case against the DOJ regarding a merger with Time Warner. Since that court ruling, the shares have continued to slump. Last week, the DOJ said it would appeal the court decision. Watch This Support

Following the relentless rally throughout last year, the price action in the major US stock market indices over the last six months has felt like purgatory. After seeing a blowoff top to new record highs at 2875, the has been consolidating in a lackluster range between 2600 and 2800 since the start of February, frustrating

Netflix (NASDAQ:) traded 4% lower on Friday after Deutsche Bank (DE:) warned it could miss Q2 subscriber growth expectations and UBS downgraded the stock. Deutsche Bank analyst Bryan Kraft projects that new global subscribers will be in a range of 1 million below and 500,000 above the Wall Street estimates. The average estimate is 833,000

The is showing little movement in the Wednesday session. Currently, the DAX is at 12,339, down 0.08% on the day. In economic news, improved to 54.5, beating the estimate of 53.9. rose to 55.2, above the forecast of 55.0 points. On Thursday, Germany releases and the eurozone releases . Chancellor Angela Merkel is working overtime

Nike Inc (NYSE: NYSE:) traded lower on Monday and Tuesday, after it hit an all-time high of 81.00 on Friday. The stock continues to trade within the upside channel that has been containing the price action since the beginning of September 2017, and thus, despite the latest setback, we believe that the medium-term outlook is

Today’s Highlights China is Exposed India Crypto Ban Is NEO Killing Ethereum? Please note: All data, figures & graphs are valid as of July 4th. All trading carries risk. Only risk capital you can afford to lose. Traditional Markets We’d like to wish a very happy Independence Day to all of our colleagues and clients

“You can really find 7% yields today? Safe ones?” “Where???” My personal trainer – a financially savvy person and investor – didn’t believe it. He’s a young guy with two or three decades of active income left, so he’s as interested in building a giant pile of cash as he is in collecting dividends. So

: H&S scenario is too tempting, but we are not there yet. Hard to act before confirmation is there. DAX Chart Original post Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the

Facebook (NASDAQ:) ticker symbol: $FB short-term Elliott wave analysis suggests that the rally to $203.55 ended primary wave ((1)). Down from there, the pullback in primary wave ((2)) remains in progress in 3, 7 or 11 swings to correct cycle from 3/26/2018 low. The internals of that pullback shows an overlapping structure thus suggesting that

Roper Technologies Inc (NYSE:) has been the best-performing Dividend Aristocrat over the last couple of decades. However, Roper is not your typical dividend growth stock. In fact, in many ways I believe the company is better thought of as a growth stock. Nevertheless, growth is a great asset to possess in every investor’s toolbox. Thanks

The junior gold stocks on our list are leveraged to the gold price and are undervalued on an EV/oz basis SmallCapPower | July 3, 2018: prices have weakened over the past few months, falling as low as US$1,235/oz. The junior gold stocks we’ve uncovered today are all low EV/oz companies with high betas. This means

It’s time to look at the current market setup for signs of future strength or weakness. Yes, there is a lot of outside economic and geopolitical factors at play right now that could cause some major market moves, yet we continue to believe the US equities markets are setting up for another upside move after

‘s triple top on the hourly chart. Hourly S&P 500 price chart: Investing.com Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the specific investment objectives, financial situation, or particular needs of any

Two of eight indexes on our world watch list have posted gains through Monday, July 2, 2018. The top performer this year is India’s with a gain of 4.29%. In second is our own with a gain of 1.99%. In third is France’s with a loss of 0.67%. Coming in last is with a loss

On Monday, the market opened the 2nd half of the year with a fumble as Wall Street continues to wrestle with the uncertainty stemming from the White House with regards to tariffs, geopolitical risks, and economic growth. After a sloppy open with the down 14 points, investors managed to grab the ball and run it

Index Futures Net Changes and Settlements: Index Futures Foreign Markets, Fair Value and Volume: In Asia 5 out of 11 markets closed lower: Shanghai Comp +0.39%, -1.41%, -0.12% In Europe 12 out of 13 markets are trading higher: +1.00%, +1.35%, +0.68% Fair Value: S&P +1.50, NASDAQ +18.99, -19.76 Total Volume: 1.21mil ESU & 650 SPU

The has posted strong gains in the Tuesday session. Currently, the DAX is at 12,400, up 1.33% on the day. In economic news, eurozone data was mixed. jumped to 0.8%, well above the estimate of 0.4%. edged down to 0.0%, shy of the forecast of 0.1%. On Wednesday, and the will release Services PMIs. The

The small cap Index broke out of its stagnation in May. It ran to the upside into late June and then became exhausted. After 14 record closing highs it topped out on the last full day of spring. Since then it has pulled back, giving up much of the break out. But Monday may have

A revisit of the support trend line on the daily is the preferred scenario for the S&P 500 Daily Chart Original post Disclaimer: All opinions expressed in this blog are solely for information or educational purposes. The blog material does not constitute investment or trading advice. The blog material has no regard to the specific

Data Remains Mixed Opinion All of the indexes closed lower Wednesday with negative internals on the NYSE and NASDAQ as volumes increased on both exchanges from the previous session. More violations of support and trend were registered on the charts while the data remains mixed and shy of strongly suggesting a meaningful bounce is at

Pre-Open market analysis Yesterday was a big outside down day after Monday’s big bear breakout. The bears want a break below the May 29 higher low, and then a breakout below the 5 month trading range. The bulls 1st want to stop the selling. They want a double bottom with Monday’s low. If the bears

China has gotten tired of playing “tariff tag” with the Trump administration. It’s now playing a new game called the “devalue stock dump.” It consists of China aggressively devaluing the in an effort to crash the US stock market. If you think I’m being overly dramatic here, have a look at the below chart. This

Index Futures Net Changes and Settlements: Index Futures Foreign Markets, Fair Value and Volume: In Asia 7 out of 11 markets closed lower: Shanghai Comp -0.97%, +0.50%, -0.01% In Europe 12 out of 13 markets are trading lower: -0.61%, -1.12%, -0.22% Fair Value: S&P +1.51, NASDAQ +19.12, -16.90 Total Volume: 2.09mil ESU & 562 SPU

Despite ongoing wars and heightened geopolitical tensions in the region, stock markets in the Middle East overall are outperforming the rest of the world so far in 2018, based on a set of exchange-traded funds. WisdomTree Middle East Dividend (NASDAQ:) – the lone multi-country regional US-listed ETF for the Mideast – is up 9.3% year