American Buying Power Degraded
The U.S. Dollar collapsed sharply today after Secretary of the Treasury Steven Mnuchin said the United States wanted a weaker currency. This statement comes aft...
Know This Trade Level For This Regional Bank Stock
Since the start of November, leading regional bank stock, U.S. Bancorp (NYSE:USB), has been pulling back on the charts. On November 2, 2017, USB stock traded as...
Why I Bought 5,000 Shares Of Cara Therapeutics $CARA
I bought 5,000 shares of Cara Therapeutics, Inc. (NASDAQ:CARA) at $12.32 just minutes ago. The reasoning is mostly technical, as the stock chart is hitting majo...
Starbucks Corporation Gets Roasted
Starbucks Corporation (NASDAQ:SBUX) is a leading marketer and retailer of coffee products around the world. Recently, the stock peaked out on June 5th, 2017 at ...
The Trend In Retail Is Down, Where Is The Bottom?
As you all know, the retail stocks have been trading lower since April 2015. At that time, the SPDR S&P Retail (ETF)(NYSEARCA:XRT) was trading around $51.00...
Not All Retail Stocks Are Created Equal
Last week, leading high end fashion retailer Nordstrom Inc (NYSE:JWN) was the latest department store stock to drop sharply after reporting earnings. On May 10t...
Telecom Stocks Retreat, But Know These Trade Levels
Two of the leading telecom stocks in the U.S. are Verizon Communications (NYSE:VZ) and AT&T Inc (NYSE:T). Recently, these two companies have been on the pro...
Know The Buy Level For This Leading Auto Parts Maker
Tenneco Inc (NYSE:TEN) is a leading auto parts manufacturer that has been pulling back over the past couple of months. The stock price peaked out on February 7t...
Bond Yields On The Verge Of A Break-Out
Many of the talking heads in financial media continue to say that yields on the 10-year U.S. Treasury Note ($TNX) cannot and will not trade above the 2.60 perce...
Bond Yields Send Shock Waves Into The Market
This morning, the yield on the 10-year U.S. Treasury Note is breaking out to new highs. The yield on the 10-year note is trading higher by 7.1 basis points to 1...
This Is One Of The Best Stocks To Short Right Now
3M Co (NYSE:MMM) is collapsing today, dropping to $180.14 -1.28 (-0.71%). This is following an all-time high yesterday. While most investors marvel at the stock...
This Indicator Is Screaming "Buy This Now"
The Non Farm Payrolls Report was insanely strong, yet yields (interest rates) did not budge. Good economic news usually spikes yields because it means the Feder...
Financial Stocks Ready To Bounce!
The financial stocks are taking a beating again, following Brexit last week. The European banks are dropping the most, some by another 20% just today.
While mos...
Trade Home Depot Inc (NYSE:HD) Right Here, Right Now!
Home Depot Inc (NYSE:HD) has hit a key support level at $125.00. The stock is near term oversold after falling from near $138 in recent weeks.
Look for a techni...