Research
Research
Investors To Pay For Getting Carried Away
Traders "got carried away.": http://www.marketwatch.com/story/us-stocks-on-pace-for-muted-open-as-analysts-argue-traders-got-carried-away-2016-11-29 What if OPEC Can't Reach A Deal?:...
Is Russian Internet Provider, Yandex Set To Breakout?
I believe the chart of $YNDX would suggest a breakout could be imminent, and I like the risk reward here. Here is what I see: A. Head and Shoulders bottom. Many times the breakout from this bullish pattern comes back to retest the breakout level as it looks to be...
Monday Morning Headlines
OPEC bid to save oil deal: http://www.reuters.com/article/us-opec-meeting-idUSKBN13N0Q6 Rally in US Stocks is "Just Getting Started": http://www.marketwatch.com/story/why-the-rally-by-us-stocks-is-just-getting-started-in-one-chart-2016-11-28 Italian Banks Hit:...
Quick $FCX Trade Update
Back on November 15th I blogged about $FCX getting to $20: https://omahacharts.com/single-post/2016/11/15/Freeport-FCX-to-20-and-Beyond I was recently asked if it was too late to get into $FCX if you didn't already have exposure as it has run up to above $16 quickly....
New York Times Conferences
It's a relatively slow news morning so I am watching these: Activist investing with Bill Ackman, CEO of Pershing Square: https://www.youtube.com/watch?v=1qhaTir8hRQ The Future of Banking with Lloyd Blankfein, CEO of Goldman Sachs:...
Fun With Technical Patterns (Pennants)
The $IBB Biotech Index is displaying a textbook Pennant pattern. These patterns begin with a straight line run up to the triangle pattern, formed by two converging trendlines. Price in these patterns most often slopes against the prevailing trend and can breakout in...
Research
Research
Investors To Pay For Getting Carried Away
Traders "got carried away.": http://www.marketwatch.com/story/us-stocks-on-pace-for-muted-open-as-analysts-argue-traders-got-carried-away-2016-11-29 What if OPEC Can't Reach A Deal?:...
Is Russian Internet Provider, Yandex Set To Breakout?
I believe the chart of $YNDX would suggest a breakout could be imminent, and I like the risk reward here. Here is what I see: A. Head and Shoulders bottom. Many times the breakout from this bullish pattern comes back to retest the breakout level as it looks to be...
Monday Morning Headlines
OPEC bid to save oil deal: http://www.reuters.com/article/us-opec-meeting-idUSKBN13N0Q6 Rally in US Stocks is "Just Getting Started": http://www.marketwatch.com/story/why-the-rally-by-us-stocks-is-just-getting-started-in-one-chart-2016-11-28 Italian Banks Hit:...
Quick $FCX Trade Update
Back on November 15th I blogged about $FCX getting to $20: https://omahacharts.com/single-post/2016/11/15/Freeport-FCX-to-20-and-Beyond I was recently asked if it was too late to get into $FCX if you didn't already have exposure as it has run up to above $16 quickly....
New York Times Conferences
It's a relatively slow news morning so I am watching these: Activist investing with Bill Ackman, CEO of Pershing Square: https://www.youtube.com/watch?v=1qhaTir8hRQ The Future of Banking with Lloyd Blankfein, CEO of Goldman Sachs:...
Fun With Technical Patterns (Pennants)
The $IBB Biotech Index is displaying a textbook Pennant pattern. These patterns begin with a straight line run up to the triangle pattern, formed by two converging trendlines. Price in these patterns most often slopes against the prevailing trend and can breakout in...