Thursday, September 20, 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. Adding this to your investment exercises will make you a better investor. More...
Futures Higher This Morning
U.S. futures: S&P +6.50, Dow Jones +79, NDX +24.75 and Russell 2000 +3.30 with fair values lower helping gains. Asia mixed to lower and Europe higher. More...
Today's Superstock Investor Stock Scorecard:
Red Hat, Inc. (RHT)
Red Hat (RHT) reported earnings yesterday after the close. The company beat estimates with earnings of $0.85 versus estimates of $0.82. However, the company guided the next quarter lower. So the stock fell -4% in after hours. Now the question is what is the price target with a price of $142.71 down from $177.70 in June. More...
Articles That Matter:
China Economy in Trouble?
I am shocked that the number two leader in China, Chinese Premier Li Keqiang, who spoke this morning at the opening of a World Economic Forum conference in Tianjin, China indicating their economy has issues to deal with besides tariffs. More...