Entries by The Trend Letter

Headlines – March 9/17

Wall St opens flat with focus on jobs report, rate meeting. Read story US crude prices slump below 50.00 as inventories build. Read story Trump sends B-52 Nuclear bombers to S. Korea. Read story Dimon says Trump has reawakened ‘animal spirits’ in the US. Read story ECB’s Draghi ‘more optimistic’ on eurozone outlook. Read story […]

Headlines – March 6/17

Wall St opens lower on geopolitics, Trump’s comments. Read story Japan moves to highest alert level as N. Korea fire missiles. Read story JP Morgan: “In the near-term we see increasing  risk of a selloff.” Read story Bitcoin more valuable than gold. Read story PSA targets Opel turnaround as GM exits Europe. Read story Apple […]

Headlines – March 3/17

US service sector grows at fastest pace in a year and a half. Read story Fed and ECB go their separate ways. Read story Euro area economy expands most since 2011 as recovery broadens. Read story How wearable technology can transform healthcare. Read story Wendy’s responding to rising minimum wage by replacing humans with machines. […]

Pay attention to these charts

While we are long-term bullish on the equity markets, we are cautious here based on some technical indicators that we pay attention to.  As we can see on the following chart, the S&P 500 is overbought here based on the Bollinger  Bands and the Relative Strength Index (RSI) indicators. On the next chart of the […]

Headlines – Feb. 28/17

Wall St slips as financial, discretionary stocks drag. Read story Traders glued to these Trump stock trades ahead of address. Read story Consumer confidence hits 15-year high. Read story Mom and Pop investors are behind this historic market rally. Read story Greek private sector bank deposits drop in Jan. on review jitters. Read story French […]

Headlines – Feb. 27/17

Wall St slips as tech stocks weigh. Read story What exactly happened with the Best Picture  win at the Oscars? Read story Trillions of dollars are at stake when Trump speaks to Congress. Read story Stockman: “After March 15 everything will grind to a halt.” Read story Trump budget to seek $54 billion more in […]

Headlines – Feb. 24/17

Wall St opens lower as energy, finance stocks weigh. Read story Countries are using the EU’s biggest fear as their ultimate bargaining chip. Read story LePen surges in latest poll as voters serve a ‘slap in face’ to establishment. Read story China says no intention of using currency devaluation to its advantage. Read story Loeb […]

Headlines – Feb. 23/17

Fed may raise rates ‘fairly soon.’ Read story Tesla’s earning report raises new questions. Read story Trump to seek job advice from firms that offshore US work. Read story German budget surplus highest since 1990. Read story Oil to $70, or down to $30? Read story The world’s freest economy is slashing its already low […]

Headlines – Feb. 22/17

Wall St slips on weak oil prices; Fed minutes in focus. Read story This bullish stock signal has never been wrong – and it’s about to flash for 2017. Read story Chinese president has vowed to lead the “new world order.” Read story Iran ready to give the US a ‘slap in the face’: Commander. […]