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Financial

SP 500 And NDX Futures Daily Charts – Like A Patient Etherized Upon A Table

January 9, 2014 - by - Leave a Comment

  The ADP employment number came in ‘better than expected’ today. This month’s Hunger Games, the Non-Farm Payrolls, are on Friday. I see where Boris, the lord mayor of London, is readying his water …

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Financial

The Commodity And Currency Chart Book

January 9, 2014 - by - Leave a Comment

Copper/ weekly 1) Dr. Copper is remains constructive 2) It is at the upper end of prolonged trading range 3)Resistance is at 3.3721 4) The fundamentals (rising interest rate pressures) …

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Financial

SEC Charges Alcoa With FCPA Violations

January 9, 2014 - by - Leave a Comment

From the Securities and Exchange Commission: The Securities and Exchange Commission today charged global aluminum producer Alcoa Inc. with violating the Foreign Corrupt Practices Act (FCPA) when its subsidiaries repeatedly …

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Financial

Emerging Markets ETF (EEM) Degrades Further

January 9, 2014 - by - Leave a Comment

The Emerging Markets ETF has continued down to confirm a break of support.  And yes, I shorted the EM’s (per an NFTRH Update) a few moments after making the previous post noting …

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Financial

Bitcoins And Unicorns: The Digital Currency Lands On The Cover Of BusinessWeek

January 9, 2014 - by - Leave a Comment

First Janet Yellen makes the cover of Time, and concurrently so as not to be left behind, Businesweek, well-known for its suggestive covers (housing, hedge fund managers, the Tea Party), has posted an …

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Financial

FINRA Warns Investors Over Leveraged And Inverse ETFs

January 9, 2014 - by - Leave a Comment

Stifel Nicolaus has been fined more than $1 million by FINRA for the “unsuitable sales of leveraged and inverse ETFs.” While the fine in de minimus compared to the JPMorgan-esque amounts, …

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Financial

Market Commentary: Markets Open Higher At +0.30%, Blue Chips Lagging Behind

January 9, 2014 - by - Leave a Comment

Premarkets were up nicely at +0.30% amidst of mixed news where the US Initial Jobless Claims reported in at 330K versus the 335K expected and 345K prior. (see report below) …

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Financial

Market Commentary: Averages Melt Downward Marking New Lows For This Session

January 9, 2014 - by - Leave a Comment

Except for a brief pause this morning, the averages have continued to melt downward and are all in the red. The volume at noon-time is dipping into the anemic levels …

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Financial

E Mid Cap Report

January 9, 2014 - by - Leave a Comment

  The best scoring mid caps from one year ago (1/10/2013) averaged 551 bps of excess over the S&P 400, with 0% turnover.  The top performers included NFLX up 270%, …

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Financial

Current Market Snapshot

January 8, 2014 - by - Leave a Comment

European indexes were in rally mode before the US markets opened, and the EURO STOXX 50 subsequently logged a 1.36% Tuesday gain. The 8:30 AM Trade Balance data came in …

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