Tuesday, May 31, 2016

IT.TO Intertain Group, Still In An Uptrend For Now But Volume Is Falling

PENN Penn National Gaming, Fibonacci Retracement Over?

TWTR Twitter, Double Bottom?

LPTH LightPath Technologies, Forming a Bottom?

US Weekly Economic Calendar

time (et) report period ACTUAL forecast previous
  None scheduled
Memorial Day
8:30 am Personal income April   0.4% 0.4%
8:30 am Consumer spending April   0.7% 0.1%
8:30 am Core inflation April   0.2% 0.1%
9 am Case-Shiller home prices March   -- 0.7%
10 am Consumer confidence May   96.7 94.2
9:45 am Markit PMI May   -- 50.5
10 am ISM manufacturing May   50.3% 50.8%
10 am Construction spending April   0.6% 0.3%
TBA Motor vehicle sales May   17.4 mln 17.3 mln
8:15 am ADP employment May   153,000 156,000
8:30 am Weekly jobless claims May 28
270,000 268,000
8:30 am Nonfarm payrolls May   155,000 160,000
8:30 am Unemployment rate May   5.0% 5.0%
8:30 am Average hourly earnings May   0.2% 0.3%
8:30 am Trade deficit April   -$41.0 bln -$40.4 bln
10 am ISM nonmanufacturing May   55.5% 55.7%
10 am Factory orders April   1.9% 1.5%

Wednesday, May 25, 2016

MGT Capital, Are We Approaching the Next Leg of the Correction?

SWHC Smith Wesson Holding, 2 Month Rounded Bottom Approaching Strong Resistance

LAKE Lakeland Industries May Have Found a Bottom But Needs Heavy Volume to Confirm

HIMX Himax Technologies Correction Appears to be Over

GE General Electric, Fibonacci Pullback Looks Like it's Over

David Gurwitz of Nenner Research – Cycles Not Looking Good for World Share Markets

from Financial Survival Network
David Gurwitz director of the famed Nenner Research Company came on to discuss where cycles are heading. Long term stocks don’t look good for 2017 to 2020. For now they’re choppy. Most markets seems to be trading now in a sideways pattern. Gold and silver are looking good in the future. Currencies again are relatively tame at the present time, but expect more volatility in the near future.
Click Here to Listen to the Audio