ETF Talk

Will the Dow’s Record Streak End with a Bang?

On Monday, February 27, the Dow Jones Industrial Average (DJIA) recorded its 12th consecutive up day. This is the second longest such streak since 1930 (the longest run was 13 days in January 1987).
The S&P 500 hasn’t dropped more than 1% a day for 104 trading days.
The record gains haven’t...

S&P 500 Reaches Up Side Target – Now What?

The S&P 500 has reached the up side target zone highlighted in February and August/September 2016. Now what?
The August 28, 2016 PRR published the chart below and stated: “Elliott Wave Theory and the June breadth thrust suggest that any weakness will be bought (perhaps even furiously). We...

Short-term S&P 500 Outlook

Tunnel vision is almost always a risky approach to investing, however, this is one of those rare times where tunnel vision is actually the best way to go.
With tunnel vision I mean focusing on the (only) indicator that’s been working, and tuning out all other indicators.
Elliott Wave Theory...

2017 Oil Forecast

Although volatile, 2016 was a good year for crude oil. The January 10, 2016 Profit Radar Report printed this outlook for 2016:
“Sentiment is bearish (which should be positive for oil), but seasonality has a minor weak spot until early February. The overall setup for oil in 2016 looks positive,...

Amazon.com Inc. Revenue And Outlook Miss Estimates, Shares Fall

The Seattle-based retail superpower reported Q4 EPS of $1.54, which was $0.12 better than the Wall Street consensus of $1.42. Revenues rose 22.4% from last year to $43.74 billion, missing analysts’ $44.69 billion view, however.
Amazon’s North American sales rose 22% in the latest period to $26...

Did Apple Shares Really Deserve A 6% Rally From That Report?

Apple shares surged 6.1% in the session following the release. It can’t be overstated how huge of a move that was for a stock of Apple’s size. You simply don’t see a $700 billion company’s shares explode in either direction like that very often (granted, Apple is the...

Australia Is Red Hot, EWA Hits New 52-Week Highs

Will this ETF continue its string of recent wins? Let’s take a closer look at the fund, its recent gains, the category it resides in, and its ratings and outlook to get a sense of whether its momentum is sustainable or not.
Inside EWA’s Rise
As mentioned earlier, EWA has now gained...