Sunday, May 31, 2020

Margaret Thatcher Capitalism and a Free Society

Margaret Thatcher and William F Buckley Jr. touch on a variety of subjects including economic incentives, minimum wage and redistribution of wealth.

Wednesday, May 27, 2020

HEN20 Lean Hogs Jul '20

CLN20 Crude Oil WTI Jul '20

Is A Blow-Off Top Setting Up In the Stockmarket?

Our research team has become increasingly concerned that the US Fed support for the markets has pushed price levels well above true valuation levels and that a risk of a downside price move is still rather high.  Recently, we published a research article highlighting our Adaptive Dynamic Learning (ADL) predictive modeling system results showing the US stock market was 12% to 15% overvalued based on our ADL results.  Today, Tuesday, May 26, the markets opened much higher which extends that true valuation gap. (more)

Wednesday, May 20, 2020

Gold, Silver, Miners On The Brink Of A Breakout

With Monday’s big pop in the stock indexes, the big rally was based on vaccine news and bullish comments from the fed, convincing most traders and investors to be overly bullish this week.

My volume flow indicator showed a reading of 10 all day yesterday, which means ten shares were being bought on the NYSE at the ask, to everyone share being sold at the bid. Any reading over 3 is considered bearish short term, so ten was extreme. After the pop on Monday, stocks/indices closed lower by 1-2% on the session respectively the following session.  (more)

VSLR Vivint Solar Inc

OHI Omega Healthcare Investors

EVRI Everi Holdings Inc

Saturday, May 16, 2020

The Vizsla (VZLA.v) pump: They are getting desperate

the following email was in my Inbox today.

"EricCoffin, Keith Shaefer, Gwen Preston, David Forrest, all the corrupted and bought newsletter writers who pretend independence are pumping as hard as they can this morning, their envelopes of thanks dependent on the stock getting above 55c before the placement is announced."


Monday, May 11, 2020

ZCN20 Corn Jul '20

Corn is getting ready to turn up, DMI and RSI have not yet given the signal.

AIG American International Group

AIG stock wants to breakout, trading above all 3 EMA's, RSI above 50, and DMI crossed.

SIG Signet Jewelers Ltd

SIG has finally broken out, crossing all 3 EMA's, RSI above 50, and DMI crossed.

CREX Creative Realities Inc

CREX almost a full Fibonacci retracement, looks like found support near 2 EMA's.

NVAX Novavax Inc

NVAX stock looks like it has bounced off EMA support after retracement, same with the RSI and above 50.