Thursday, May 2, 2024

Silver Attempts a Pre-Fed Breakout: Technical Analysis

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Silver has been dead money since the summer as the U.S. dollar ripped higher. But now it’s attempting a breakout -- despite next week’s...

Chart of the Day: Is This Forgotten Agricultural Stock Quietly Breaking Out?

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The rise of inflation has investors quietly returning to many commodity-related stocks that were popular 2003-2007. One of them is Bunge. Earlier this month, the...

Energy Stocks Aren’t The Only Companies Riding the Inflationary Trend Higher

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Inflation is a key theme for investors this year. Aside from lifting energy stocks, it's also boosting a lesser known corner of the market:...

Chart of the Day: Is This Gold Mining Giant Headed for a Breakout?

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Last week, we cited the potential breakout in the SPDR Gold ETF. Today’s chart shows a similar pattern in miner Barrick Gold. First, consider the...

With Technology Still Under Pressure, Where Is Money Going in the Stock Market?

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Steel stocks are flying as investors scramble to stay ahead of spiraling inflation. The DJ US Steel Index ($DJUSST) surged 29 percent in February. It...

Chart of the Day: Will Alcoa Continue Lower?

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Alcoa rallied early last year after the Ukraine war threatened aluminum supplies. It’s struggled since and now some traders may expect further pushes to...

Global Takes a Beating: Midweek Sector Check

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Political risk and economic data are hammering foreign stocks, but headlines have been more positive for U.S. regional banks.

Don’s Notebook May 9, 2018

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Don’s Notebook May 9, 2018 Producer prices open three straight days of inflation data. Today’s announcement, the Producer Price Index (PPI) of the Bureau of...

Don’s Notebook May 4, 2018

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Payrolls rose 164,000 after an upwardly revised 135,000 advance,  according to the Labor Department data announced earlier today. The jobless rate fell to 3.9...

Here’s Your Ultimate Guide to Trading the Weak Dollar

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A perfect storm of forces is lining up against the U.S. dollar. Here are some key things for investors to know. First, even if you...
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