As it has for much of 2015, China’s soft economic underbelly will remain a core concern for the growth of the global marketplace. Indeed, the odds are that China’s economic troubles will only continue to get worse in 2016—and the events of these very first days of the new year are not a good omen. This is because Beijing has painted itself into a corner and the various policy levers it is trying to press are producing contradictory outcomes. ...
"While inventories were lower when the Energy Information Administration released its weekly Petroleum Status Report Jan. 6, prices continued to drop for the week, indicating that investors are not likely to see improvement in oil price levels for at least the first half of 2016." Weekly price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition. Fibo support level at 30.39 is going to be broken by the price from above to below for the ...
A stock market already in the mood for a bounce got a little extra goose from a solid December jobs report issued Friday morning. Even with a comforting economic number, a tough trading week leaves some Wall Street observers warning for more volatility, however—market twists that are likely to include at least short-term recoveries such as the one taking shape on Friday. The major stock averages fell some 2%-3% in Thursday’s volatile session, ...
Many investors see dividend aristocrat McDonald’s Corp. (MCD) as a slam-dunk for big gains and another hike in 2016. Too bad they are, like many dividend growth disciples, betting on what they see in the rearview mirror. Daily price for MCD stocks are in bullish breakout located above Ichimoku cloud, and weekly stocks are on weekly bullish breakout to be started in September this year. Chinkou Span line is located above the price indicating ...
For over five years the oil market has been led to that believe Brent was the global proxy futures benchmark, more reflective of supply and demand permutations around the world, as opposed to the West Texas Intermediate deemed more indicative of US conditions. Crude Oil Weekly price is on bearish market condition: the price is bouncing from 37.88 resistance level to start ranging within the primary bearish market condition with 35.94 support level as the nearest target to re-enter. ...
Recent Visitors
Archive
Go to Profile
Mark as Read