Thursday, August 16, 2018 8:07 AM EDT
Weekly Charts Updated
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...
Futures Rebound Today As The Chinese Come Back To The Negotiating Table & Walmart Kills It
U.S. futures: S&P +12.50, Dow Jones +191, NDX +43.75 and Russell 2000 +6.70 with fair values lower. Asia and Europe higher. More...
Today's Superstock Investor Stock Scorecard:
GOLDMAN SACHS GROUP INC (GS)
With interest rates remaining below 3.00% on the 10 year, financial stocks have been struggling. Among those in trouble is Goldman Sachs (GS). As such, we thought it made sense to look at the price target and upper bound for this name. The current price is $229.25. More...
Articles That Matter:
Why Are Restaurant Sales Up Sharply In The Last Three Months?
In the last three months, Bloomberg reports that sales at restaurants are on the rise. The three month growth rate is 25.3% which is the largest increase since 1992. However, this may not be good news. More...