This news of AET pulling out of Obamacare was interesting. I think if push comes to shove, a single payer plan will get pushed through if insurers want to play it that way.
Did those buy signals come 1 day before it called bottom? I've been hearing things, about emerging markets (EEM). I looked in XHB and bought AOS
Is SDS a buy at $16.35? Seems very tempting. (And damnit, I'm not new, my account with my fancy Mr. Men, "Mr. Bounce" icon was deleted from the HSM transfer!)
Welcome to the board @JaysonW I know nothing about this stock but it looks like the trend started two days \. It is currently at 16.35
my brain moves too slow, i am happy with my moves today, but unhappy with my location. picked up nugt at $155, i could have gotten in at 148, but i was trying to hear out the minutes and nugt just started moving. also got back in LABU at $41.20 , based on the fact that the markets reversed the way they did and there is still that poor high around the all time high that needs to be repaired on the market profile.
The Dollar/Yen is now trading below the 100 level, usually it is not a bullish when the yen is strong.
yea i just saw that, the nikkei getting hit, wouldnt be surprised if the us indicies get hit tomorrow.
RE: poor high on the profile keep in mind that while we definitely had that very poor high from monday on the market profile having just 3 tpo's across the top and zero excess above ... doesn't necessarily mean that it needs to get repaired this week, or even this month ... but that its up there and will need to be revisited at some point ... and we can't really have an official end to the auction without seeing some kind of excess high and preferably during the RTH as according to jim dalton highs in the ETH don't usually mark and end to the up move ... it would be nice to see some kind of blow off top type excess put in during RTH but we've yet to see that as of yet ... fwiw -- a true excess top would need to be up in clear air territory at ATHs ... we'll see what happens but yes that does need to get repair at some point whether its today, tomorrow, next week, next month, etc ... lol
Early movers: WMT, HRL, TWTR, PCLN, CSCO, LB, NTAP, A, GPRO, SCTY & more Wal-Mart — The retail giant earned an adjusted $1.07 per share for the second quarter, 5 cents a share above estimates. Revenue also topped forecasts. Wal-Mart raised its full-year earnings forecast, as well, and posted a 1.6 percent increase in U.S. comparable sales, the strongest in eight quarters. Hormel Foods — The food producer reported quarterly profit of 36 cents per share, beating consensus forecasts by 1 cent a share. Revenue also beat estimates. Hormel's results were driven by strong sales for brands such as Skippy, Spam, and Muscle Milk, and the company also raised its full-year forecast. Twitter — Evercore downgraded Twitter to "sell" from "hold," saying it sees more risk than reward because of competitive concerns. Evercore specifically cites Snapchat's move toward monetizing its own popular service. Priceline Group — Evercore upgraded the stock to "buy" from "hold," noting the travel website operator's advantage of scale among other factors. Cisco Systems — The Dow Jones industrial average component reported adjusted quarterly profit of 63 cents per share, 3 cents a share above estimates. Revenue was slightly above forecasts, and the networking equipment maker announced it would cut up to 5,500 employees or seven percent of its workforce. L Brands — The apparel seller beat estimates by 11 cents a share, with adjusted quarterly profit of 70 cents per share. The Victoria's Secret parent also raised its outlook for the full year. The company's' results were helped by a 3 percent rise in comparable-store sales. NetApp — NetApp came in 10 cents a share above analysts' estimates, with adjusted quarterly profit of 46 cents per share. The data storage company's revenue was essentially in line with forecasts, as is its current-quarter guidance. NetApp's bottom line was helped by cost cuts that offset a revenue decline. Agilent Technologies — Agilent reported adjusted quarterly profit of 49 cents per share, 2 cents a share above estimates. Revenue essentially came in line with forecasts. The life sciences company also cut its annual guidance even as sales rise in two of its three business segments. GoPro — GoPro shares could be pressured as Nokia announces a 25 percent price cut in the price of its OZO virtual reality camera. ResMed — ResMed filed legal action to halt what the medical device maker alleges is patent infringement by New Zealand device maker Fisher & Paykel Healthcare. The patent in question involves technology used in Fisher's Eson nasal mask. SolarCity — The solar equipment company announced new cost cuts, including cutting the salaries of CEO Lyndon Rive and Chief Technology Officer Peter Rive to $1 from $275,000. The company, which is in the process of being bought by Tesla for $2.6 billion, cut expenses to compensate for a reduced solar installation forecast. Ceasars Entertainment — The casino operator settled one of several outstanding lawsuits by bondholders, as it moves through the bankruptcy process. Broadcom — The company is close to a deal to settle a shareholder lawsuit, according to The Wall Street Journal. The company is accused in that suit of underpaying for PLX Technology when Broadcom predecessor company Avago Technologies bought it in 2014 for $300 million. The tentative agreement would see the semiconductor technology company pay $14 million to former PLX investors. Tyco — Tyco sold its security business in South Africa to Fidelity Security Group for about $140 million. Gannett — Gannett has raised its bid for Chicago Tribune parent Tronc, according to The Wall Street Journal, although the exact details of the new bid could not be learned. Gannett first bid $12.25 per share for the former Tribune Publishing, then raised it to $15, although both bids were rejected.
yes , well said. im a patient guy, if we dont retest next week, or even next month, ill be fine as i know its information to be carried forward.
The YEN/USD pair printed $99.70 overnight on disappointing factory orders. At this stage, I don't see how Japan can allow the Yen to strengthen further if they are to avert a recession by Q12017. A weaker Yen is their only saving grace. Everyone is talking about the oil, gold, stocks but I haven't seen much discussion centered around the Yen, which I continue to believe will be the key driver into 2017. In its latest meeting, the BOJ will commit to doubling US dollar funding to $24B. That to me screams devaluation but the market hasn't yet caught up to the idea of further easing being negative for the Yen. Or t we at a stage were markets no long believe central banking policy? Either way, I am sure Japan will put out all the stop and do whatever it can to devalue the Yen.
initial claims have fallen for 76 consecutive weeks with a sub 300k print; the longest such stretch since 1970 however ... the philly fed employment index paints another picture ... that index fell to its lowest since 2009 initial claims (inverse) vs. philly fed employment
