Daily Market Commentary: S&P And Russell 2000 ‘Bull Traps’ Blown
Well, it didn’t last long. The ‘bull traps’ created in the Russell 2000 and S&P yesterday were dissected by today’s open. It would have taken an aggressive short to jump …
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Education Organization Protests Lack Of School Choice Scholarships
The Center for Education Reform has issued a statement protesting the omission of the D.C. Opportunity Scholarships program from the 2015 Obama Budget Proposal. This is a school choice support …
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Bernanke Finally Reveals, In One Word, Why The Financial System Crashed
Now that Ben Bernanke is no longer the head of the Fed, he can finally tell the truth about what caused the financial crash. At least that’s what a packed …
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SP 500 And NDX Futures Daily Charts – Rally Time, For Now
The markets took off higher overnight as Vladimir Putin indicated he was not interested in invading the Ukraine, but has moved to protect Russia’s interest in the Crimea, which is …
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50% Profit Growth And Historical Realities
As the markets push once again into record territory the question of valuations becomes ever more important. While valuations are a poor timing tool in the short term for investors, …
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Sypris Solutions – Sell Signals
Last week I deleted Sypris Solutions (SYPR) for the Barchart Van Meerten Speculative portfolio for negative technical indicators and price momentum: Barchart technical indicators: 60% Barchart technical sell signal Trend Spotter sell signal Trading …
Read More Fuel Tech & GOGO, Go Go!
An un-sexy cleaner coal technology company and an in-flight WiFi company with a really unfortunate name. Very different companies, same result. Fuel Tech now joins GOGO in having broken out …
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Deficit Projections Out To 2024
The Wall Street Journal addresses that widening gap between how the administration and the CBO view future deficits in writing: The White House on Tuesday forecast the budget deficit would return …
Read More Obama’s $3.9 Trillion Budget Predicts Fastest GDP Growth Since 2005
Having destroyed any credibility that this budget could possibly have yesterday, President Obama has outdone himself with the predictions in this $3.9 trillion budget… *OBAMA BUDGET PREDICTS FASTEST GDP GROWTH THIS YEAR …
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USDJPY 102 Sends S&P To New Record High
What? Us worry? Thanks to the magic of the 102.00 USDJPY tractor beam, the S&P 500 has decided that Ukraine is fixed, the worst macro data in 6 years, and a …
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