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Tag Archives: stocks

Buyers Keep Shorts At Bay

Just when it looks like shorts may have something to attack, buyers step in to make up the lost ground. The rally is out on a limb, but not enough to place it at the outer extremes of historic price action. So while there hasn't been any big pullback since the election, there isn't much to suggest a pullback is coming soon ...

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How to make use of Swing Trading Strategy?

Summary: Swing trading is known to be much better to beginners compared to scalping. Though scalping is alluring, but it can be destructive too. Body: While trading in money market, you will to invest a good amount of time. Therefore, it is often considered to be best to choose swing trading rather than scalping. Scalping is known to be a confident approach which appears to be very appealing, but can also...

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The Hot Stock: Foot Locker Rises 9.4%

Foot Locker (FL) was the best performing stock in the S&P 500 on Friday, following its  fourth quarter results. Getty Images Foot Locker rose $6.43, or 9.4%, to $75.01, while the S&P 500 rose 3.53 points, or 0.15%, to 2367.34.

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Oil: Keep an Eye on Saudi Pricing

WTI crude is down 0.83% to around $54, weighing down energy stocks. The iPath S&P GSCI Crude Oil ETN (OIL) and United States Oil (USO) declined 0.65% and 0.52%, respectively. Meanwhile, the Energy Select Sector SPDR (XLE) is down 1.13%. Almost half of the XLE's assets are in its top five holdings, including supermajors ExxonMobil (XOM), Chevron (CVX), and ...

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Defensive Gold and Treasuries Bullishly Break Resistance

File this under “very interesting” – defensive markets Gold and Treasuries just reversed higher. If this continues, we could see a bearish development for the US Stock Market (money flow). Let’s take a look and see if the breakout holds: For some perspective, see our featured post “How Other Markets Behaved while Stocks Surged.” In it, you’...

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Sharp Down but Fast Up Emini Pullback Update Feb 24

And the plot thickens! Stocks pulled back for a second time this morning, gapping lower but then recovering the gap within the first hour. Not only was this similar to yesterday’s session but it’s somewhat similar again to February 16th’s pullback. Here’s today’s updated Emini (@ES) trading levels for your trades: Here’s our key planning quote from last night’s strategy plan for members...

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Valeant’s Ugly Earnings History May Repeat Itself

Wells Fargo's David Maris and his team reiterated an Underperform rating and $10 to $13 valuation range on Valeant Pharmaceuticals (VRX) Friday, writing that the company's 2017 might not be much better than its 2016. Maris lowered his fourth-quarter earnings, but writes that the results are less important than the company's longer-term deteriorating cash flow generation, high debt, and poor business ...

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Gap Slips As Full-Year Forecast Disappoints

Gap (GPS) is falling on Friday; although its fourth-quarter earnings were in-line with the company's preannouncement, but investors were disappointed with its guidance. Gap said it earned 51 cents a share in the quarter, in-line with analysts estimates and its preannouncement of 5o cents to 51 cents. Revenue rose 1% year over year to $4.43 billion, above the $4.39 consensus; it had forecast revenues of $4.43 billion to $4.4 billion earlier this month.

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