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Nasdaq 100's Premium Valuation Is 'Easier To Digest' As Growth Optimism Surges For 2026: 'Momentum Remains Bullish'
Thursday, June 5, 2025 - 4:52am | 637As the Nasdaq 100 index is nearly 2% away from its all-time high, analysis suggests that it’s “easier to digest” the index’s premium valuation given the growth optimism for 2025 and 2026. What Happened: According to Adam Turnquist, the chief technical strategist at LPL...
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The Shorts Report: 10 Mega-Caps With Increased Short Selling
Friday, May 11, 2012 - 11:12am | 549In today's shaky market environment, it's important for investors to consider a stock's short interest before taking a position. Two indicators typically used are: (1) the percentage of a stock's float (tradable shares) that bears are currently short selling, and (2) the month-to-month change in...
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Comparison of ADP Employment vs Nonfarm Payroll Change
Wednesday, May 2, 2012 - 10:42am | 62Earlier today, ADP employment change for the month of April came in at 119k, lower than the 170k that was estimated. While seen as a good indicator for private job growth, the more significant number comes out this Friday. Expectations are for 170k. Is ADP employment change a good predictor of...
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European ETFs Performing Sluggishly
Wednesday, April 25, 2012 - 2:58pm | 191The European debt crisis and sluggish economic growth have scared the investors away from the equities that have exposure to the region. Just today, the United Kingdom officially entered a double-dip recession, as its GDP fell 0.2% from the Q4 of 2011. Hence, it is interesting to look at a few "...
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What Are the Earnings Numbers Telling Us About Long-Term Trends?
Tuesday, April 24, 2012 - 12:14pm | 210The first quarter earning season is just starting, but we can already draw interesting conclusions based on the earnings beats and misses. Especially, the earnings of consumer electronics retailers seem to be confirming the trend that has been persistent the past couple of years. This morning...
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Gold Direction Depends on Symmetrical Triangle Pattern, Global/Macro Economy
Tuesday, December 6, 2011 - 12:48pm | 592After making all-time highs back in September, Gold has retraced some of those gains and is now sitting in a Symmetrical Triangle, as traders jockey for future direction. The bottom of this triangle comes from a long-term uptrend support line and the top of the triangle comes from a short/mid-term...
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USD/CHF Approaching Critical Resistance Level
Monday, November 21, 2011 - 7:39am | 615Since hitting a five-year low on August 9th (0.7067), the USD/CHF has undergone a sharp rally, currently trading at 0.9199 – a 30% gain in a little over three months. After hitting that August 9th low, the pair climbed to a 6-month high at 0.9314 (October 6th), but quickly retreated as investors...
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S&P 500 Breaks Out of Pennant Formation – More Selling to Come?
Friday, November 18, 2011 - 6:10am | 551The S&P 500 (SPX) broke out of its recent pennant formation on Thursday, plunging 20.78 points (1.7%) to 1,216.12. Pennants are classified as “continuation patterns,” which may signal that market has some rough times ahead of it. Pennant formations occur after a sharp rally or decline (...
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Intel and Home Depot Continue to Surge, but Will it Last?
Wednesday, November 16, 2011 - 8:06am | 841In a volatile trading environment, finding high performance stocks can sometimes prove to be difficult a difficult task. No matter what seems to be going on, however, there are stocks that manage to outperform the market and deliver consistent gains. During market downdrafts, such stocks are...
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LinkedIn Shares Preparing for a Big Move?
Tuesday, November 15, 2011 - 6:40am | 701Since going public on May 19, shares of LinkedIn (NASDAQ: LNKD) have undergone huge price swings, indicating that investors are not quite sure how to value the company's stock. On the day of its IPO, LinkedIn's stock surged, reaching an intra-day high of $122.70. Shares quickly retreated, however...
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Is Gold Headed for $3000?
Monday, November 14, 2011 - 4:45pm | 637Gold is seen by most as a safe-haven. If equity markets are in turmoil, buy gold, we always hear. Gold bulls are currently predicting gold to move over $2000 an ounce by year end. Some of the gold bull's thesis goes something like this: Italy, Greece, and eventually Spain will cause a European end...
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2012-2021: Global Spring, the Time Is Nigh
Friday, November 11, 2011 - 7:20pm | 2128Following the absolute failure and systemic insolvency that shocked global economies in 2008-2009, people of The United States , and the World at large, missed an extraordinary opportunity to champion a revolutionary shift toward liberating global citizenry from the corrupt tyrannical grip of the...
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Apple Breaks Below Support – More Pain to Come?
Friday, November 11, 2011 - 6:33am | 700On Thursday, shares of Apple (NASDAQ: AAPL) dropped $10.06 (2.5%) to close at $385.22. The decline, which may seem insignificant to some, led the stock to break below a short-term support level dating back to October 10th. This development could be considered a minuscule victory for the bears, as...
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GBP/USD Threatening to Break Below Short-Term Range
Thursday, November 10, 2011 - 4:32pm | 494Since October 21, the GBP/USD (British Pound and U.S. Dollar) has been battling within a range of 1.58757 (November 3rd) and 1.61651 (October 30). The pair is currently threatening to break out of that abbreviated range. Today has proven to be an extremely busy day for the GBP/USD, fluctuating...
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Goldman Sachs Back Below $100. More Pain Ahead?
Thursday, November 10, 2011 - 5:19am | 543Over the past 52-weeks, Goldman Sachs (NYSE: GS) has gone from a 52-week high of $174.36 (January 18th), to a 52-week low of $84.27 (October 4th), to its current trading price at $99.67. As the numbers clearly indicate, the once immortal Goldman Sachs is not immune from the financial woes...