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  1. Bezos Vs Putin - Who Will Be The First...

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Trade Idea of the Day Presented by: Barchart's Chart of the Day - Cutera

The Chart of the Day belongs to Cutera (CUTR). I found the electomedical stock by using Barchart ot sort today's Top Stocks to Own list first for the highest Weighted Alpha then again for technical buy signals of 80% or more. Since the Trend Spotter signaled a buy on 8/8 the stock gained 27.61%. Cutera Inc... Read More

Transports- Global bulls market needs this support to hold!

Below looks at the Dow Jones Transports ETF (IYT) that remains in a long-term bull market. transports weekly chris kimble chart CLICK ON CHART TO ENLARGE IYT broke to new all-time highs seven weeks ago at (1). It stayed at new highs for one week, before selling pressure started taking place. The weakness has it breaking below 18-month rising support last week, which does send a caution signal to bulls. The next critical support level for IYT comes into play at the $159 zone. With an “unfilled weekly gap” still in place at the $142 level, what it does at (2), could become very important for the uptrend. from Kimble Charting Solutions. We strive to produce concise...

WTI Algos Uncertain After Gasoline Draw But Production Surge

WTI crude prices managed to scramble back up to pre-API-tumble levels ahead of DOE's data dump this morning with all eyes on gasoline inventories, which did not disappoint showing a small draw (in line with expectations) along with crude's draw which was roughly in line with API and expectations. Production continues to rise to highest since July 2015. API Crude -3.595mm (-3.5mm exp) Cushing -462k (+300k exp) Gasoline +1.402mm (-1mm exp) Distillates +2.048mm DOE Crude -3.33mm (-3.5mm exp) Cushing -503k (+300k exp) Gasoline -1.22mm (-1.25mm exp) Distillates +28k Builds in products (gasoline and distillates) according to API...

New Home Sales decrease to 571,000 Annual Rate in July

The Census Bureau reports New Home Sales in July were at a seasonally adjusted annual rate (SAAR) of 571 thousand. The previous three months were revised up solidly. "Sales of new single-family houses in July 2017 were at a seasonally adjusted annual rate of 571,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 9.4 percent below the revised June rate of 630,000 and is 8.9 percent below the July 2016 estimate of 627,000." emphasis added New Home SalesClick on graph for larger image. The first graph shows New Home Sales vs...

MBA: Mortgage Applications Decrease in Latest Weekly Survey

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 0.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 18, 2017. ... The Refinance Index increased 0.3 percent from the previous week. The seasonally adjusted Purchase Index decreased 2 percent from one week earlier. The unadjusted Purchase Index decreased 3 percent compared with the previous week and was 9 percent higher than the same week one...

Parallel currency talk gains ground in Italy

Talk of a domestic parallel currency being introduced in Italy is not new. But it has been reinvigorated this week because of an interview with Silvio Berlusconi (a longstanding proponent of the idea) in Italian publication Libero Quotidiano, where he argues the introduction of a national parallel currency will help Italy regain monetary sovereignty in a way that later supports domestic demand.'' ... Berlusconi's point is that a parallel currency could be launched entirely legally within the constructs of European treaties, with the ECB potentially powerless...

A 3% Drop Is All It Takes...

A 2.8% drop in stocks is all it takes... convert sheer near full euphoria into outright panic... Source: CNNMoney Quite a collapse in confidence for a 'blip' in stocks... (NOTE - this collapse in sentiment is bigger and faster than the plunge in Aug 2015 following China's devaluation and the US flash crash) At the same time, the 'plunge' in stocks has hammered BofAML's Global Panic-Euphoria index out of 'Euphoria'... On a global basis, put-call ratios signal less euphoria than a month ago, and volatility has risen, taking Global Risk-love indicator from a protracted period in euphoria to barely inside the neutral zone. With most of...

Here's the Bounce, Next Comes the REAL Drop

The bounce is here. Stock market corrections follows a particular pattern. That pattern is:1) The initial decline, 2) The bounce, 3) The REAL decline, The downwards move last week was #1. We’re now in #2. Next up is #3. You've been warned. On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide. In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse...

Global Equities Up; Trading Tentative Ahead Of Jackson Hole Central Bankers Confab

World stock markets were mostly up in quieter trading Tuesday, on corrective bounces from recent selling pressure. U.S. stock indexes are pointed toward firmer openings when the New York day session begins. Many of the world stock indexes, including those from the U.S., are down overall for the month of August. Gold prices are weaker in pre-U.S.-day-session trading, on some profit taking from recent gains. The highlight of the trading week is the annual central bankers meeting held in Jackson Hole, Wyoming, Thursday through Saturday. Highlights of central bank speakers from around the world include Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi...

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