Thursday, September 27, 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 Up Slightly As The S&P 500 Holds Above 2900
U.S. futures: S&P +3 Dow Jones +17, NDX +22 and Russell 2000 +2.10 with fair values flat. Asia higher and Europe lower More...
Today's Superstock Investor Stock Scorecard:
Exxon Mobil Corporation (XOM)
This morning we are looking at Exxon (XOM) as we own the stock in our Morning Matters Portfolio and we are commenting on the price of oil in our Articles That Matter section.The current price is $85.78 and our price target is another 5% higher with the upper bound even higher.So it makes sense to remain long. More...
Articles That Matter:
Saudis To Increase Production
Saudi Arabia will increase production to offset the loss of Iranian production due to the current sanctions enforced by the U.S. However, they note that U.S.... More...