Thursday, June 14, 2018 8:07 AM EDT
Weekly Charts Update
Each week we highlight charts below of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG,LQD and recently GLD. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name/sector/asset class. More...
Today's Superstock Investor Stock Scorecard:
BUNGE LIMITED (BG)
Bunge (BG) has been rumored to be a potential takeout play. As such, we thought it made sense to see if there is some value in the name. The stock has been basing at $70 and is currently at $70.99. More...
Articles That Matter:
Federal Reserve Raises Interest Rates
Yesterday the Federal Reserve Open Market Committee (FOMC) raised interest rates and announced that they were likely to raise rates two more times. Personally, I am in the camp of one more interest rate rise. More...