Inside a Moneymaking Machine Like No Other: (This is Hot) http://www.bloomberg.com/news/articles/2016-11-21/how-renaissance-s-medallion-fund-became-finance-s-blackest-box Apple Replacing iPhone 6s Batteries For Free: http://www.marketwatch.com/story/apple-to-replace-defective-iphone-6s-batteries-for-free-2016-11-20 How Fake News Spreads: http://www.nytimes.com/2016/11/20/business/media/how-fake-news-spreads.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=b-lede-package-region®ion=top-news&WT.nav=top-news&_r=0 Oil At 3 Week High Pre OPEC Meeting: http://www.foxbusiness.com/markets/2016/11/21/oil-rises-to-three-week-highs-ahead-opec-meeting.html
The United States Dollar Index has broken out above its nearly two year Horizontal Consolidation Region (HCR). Going back to the start of 2015, the /DX has traded in a range between $93 and $100 but has broken through the overhead resistance level. The upward breakout of this range coupled with the fact that it has… Continue reading The US Dollar Index Shows Further Signs of Upside
Goldman Sachs’ Top Trade Ideas for 2017: http://www.bloomberg.com/news/articles/2016-11-18/here-are-goldman-sachs-top-trade-ideas-for-2017 Volkswagen to Cut 30,000 Jobs: http://money.cnn.com/2016/11/18/news/volkswagen-job-cuts/index.html?iid=hp-stack-dom Trump to Keep Ford Plant in Kentucky, No Move to Mexico: http://ibankcoin.com/flyblog/2016/11/17/donald-trump-announces-ford-will-keep-plant-in-kentucky-and-ditch-plans-to-move-jobs-to-mexico/ Uber to Replace Rental Cars? http://www.barrons.com/articles/ubers-challengereplacing-rental-cars-1479398520 Don’t Believe the Hype on Trump Trade War http://www.marketwatch.com/story/a-trump-trade-war-why-goldman-thinks-investors-shouldnt-believe-the-hype-2016-11-18
The Cup and Handle formation is a widely recognized bullish continuation pattern developed by William O’Neil in is 1988 book, “How to Make Money in Stocks.” As the name describes, this formation has two parts: The Cup or the rounding bottom, and the handle which forms a range on the right hand side of the… Continue reading Are Coffee Futures Near A Cup and Handle Breakout?
Carl Icahn says to dial back on stocks: http://www.marketwatch.com/story/carl-icahn-says-dial-back-on-stocks-as-trump-rally-looks-overdone-2016-11-17 Yellen and Fed may hike rates soon: http://www.marketwatch.com/story/yellen-says-fed-may-hike-interest-rates-relatively-soon-2016-11-17 Ray Dalio says fixed income on the brink of a “shakeup.” http://ibankcoin.com/option_addict/2016/11/16/dalio-speaks-out-on-bond-bulls-getting-harambed/ SMH Story of the Morning: http://money.cnn.com/2016/11/16/news/companies/pepsi-fake-news-boycott-trump/index.html