On June 22nd we detailed a way to fade what I thought was too much too soon for shares of Verizon (VZ) as global bond yields continued to tumble causing an insatiable bid for defensive …
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Leader of the U.K. Independence Party and guy who led the charge for the Leave vote, Nigel Farage, took his Muppet Show on the road to EU headquarters in Brussels yesterday. Farage agreed to an …
Continue readingShares of Verizon (VZ) are up 10% in the last month, now approaching 2016 highs: And threatening a long term breakout: The stock’s 4.17% dividend yield is one of the big drivers for the out-performance over …
Continue readingRegular readers know I haven’t had many positive things to say about the prospects for banks stocks in 2016. My cautious view has had little to do with the recent concern emanating from the increased (yet …
Continue readingMy co-contributor to The Ticker District, Peter Bookvar, Chief Market Analyst for the Lindsay Group, had a thought provoking post yesterday on what he feels is the main cause of the recent bout of downward volatility …
Continue readingEarlier today (below) I highlighted what could be a developing technical set up in FB similar to what just occurred in TSLA over the last week or so, the dreaded “head and shoulders” top formation. …
Continue readingFor the smart guys out there, the most significant events of the week were fairly obvious – the EU lowering their growth forecast for the entire union, an unexpected rate cut by the ECB and …
Continue readingMorningWord 11/6/13: With more than three quarters of the S&P500 components having reported, I think it is fairly safe to say that the results (despite the repeated lowered estimates over the course of the year) …
Continue readingWhen I first saw the images from Taksim Square on Friday, I didn’t think much of it. Turkey has seen numerous protests for freedom of expression in the past few years, all of which …
Continue readingCalculated Risk • At 9:45 AM ET, the Chicago Purchasing Managers Index for August will be released. The consensus is for a decrease to 53.0, down from 53.7 in July. • At 9:55 AM ET, …
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