Lower


 

Nifty index opened positive and negated its formation of lower highs – lower lows of last four trading sessions. Now index has to continue to hold above 9,775 zone to witness an up move towards 9,860-9,880 zones which is the 38.20% retracement of its recent fall from 10,138 to 9,685 levels.

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Home Depot Stock Could Reward Short Sellers [0.11]

Posted on Aug. 15, 2017, 2:59 p.m. by rss_stock_analysis @ [source]

Dow component The Home Depot, Inc. (HD) beat second quarter earnings estimates and raised guidance on Tuesday morning, but market players chose to sell the news, raising the odds for a lower high within a topping pattern that could offer profitable short sale opportunities. A breakdown through $150 would set off preliminary sell signals that could translate into even lower prices in the coming months.

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The results will be visible in the long-term but the latest earnings release already gave investors confidence that the management knows what it is doing. However, the market will need more positive results in order to break the negative momentum and send the shares higher.

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What is Next for Crude Oil [0.06]

Posted on Aug. 15, 2017, 11:28 a.m. by Dragonfly Capital @ [source]

Crude Oil came into the week after consolidating under the big level at 50 for better than two weeks. So is this the end for Crude Oil?

bullish crude downside higher lower momentum Monday oil reversal Scenario

 

With efforts to repeal the Affordable Care Act indefinitely sidelined, the dark cloud of uncertainty hanging over the healthcare sector looks much less threatening. In response, American healthcare stocks are booming.

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Fed Chair Janet Yellen keeps citing consumer confidence and jobs as reasons consumer spending and inflation will pick up.

Curiously, the New York Fed Survey on Consumer Spending Expectations keeps trending lower and lower, despite survey-high expectations for wage growth.

Chair consumer expectations Fed lower projections report spending survey trending

 

Apple, Microsoft Lift DJIA Monday [0.00]

Posted on Aug. 14, 2017, 8:01 p.m. by 24/7 Wall St. @ [source]

August 14, 2017: Markets opened higher again Monday as last week’s geopolitical cool down.

Of the Dow stocks, 26 are on track to close higher Monday and just 4 are set to close lower.

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Be Patient On Kellogg [0.09]

Posted on Aug. 14, 2017, 6:50 p.m. by Long Investing Ideas from Seeking Alpha @ [source]

Kellogg (K) has had a tough time in the past few years trying to remain relevant in a world where breakfast cereals and other processed snacks become less attractive to consumers. This isn't new or Kellogg-specific by any means, but it has taken its toll to be sure in terms of top line growth.

break continue growth higher lower Q2 Revenue snack stock weak

 

J.C Penney: We're Gambling [0.15]

Posted on Aug. 14, 2017, 5:31 p.m. by Long Investing Ideas from Seeking Alpha @ [source]

From the looks of things J.C. Penney (JCP) is on the brink of extinction, but we just took a gamble and initiated a long position following the just reported Q2 earnings. With Amazon (AMZN) eating everyone's lunch, all of retail with any major physical presence has been absolutely decimated.

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The Nifty50 index opened in the positive on Monday and negated the formation of lower highs and lower lows of last four trading sessions.It witnessed a bounceback after the sharp decline of the last week and closed the session near the 9,800 level with an intraday gain of 83 points.It formed a bullish candle on the daily chart and managed to move back near its 50-DEMA. Now, the index has to hold above 9,775 level to witness an upward move towards the 9,860-9,889 levels, which is the 38.20 per cent retracement of its recent fall from 10,138 to 9,685 levels.On the downside, it has support at 9,759 and 9,710 levels to hold the recent pullback rally.On the options front, maximum Put Open interest was seen at 9,500 followed by 9,800 strike prices, while maximum Call OI is stood at 10,000 followed by strike price 10,100.

call index India it levels lower lows put recent strike

 

Microsoft, $MSFT, pushed out of a consolidation range in October and has moved steadily higher. That flag touched the 50 day SMA Thursday and price pushed higher Friday.

call cents flag higher lower October options put SMA Trade Idea

 

Ashland, $ASH, rose steadily from January through to a top in June. Look for a push out of consolidation to participate higher or on the short side…..

IDEXX Labs, $IDXX, rose from a November low to consolidate from December through February.

consolidated consolidation higher lower MACD participate RSI signs weeks zone

 

Gold to remain bullish on safe haven buying [0.11]

Posted on Aug. 12, 2017, 5:03 p.m. by Markets @ [source]

Bullion normally sparks at times of geopolitical tension and is considered a safe bet against inflation. With the festive season coming in, physical demand is expected to rebound in the near term,” said Ketan Shroff, Director, India Bullion and Jewellers Association.While announcing the demand trend early this month, the World Council estimated India’s demand to remain range-bound, with an upward bias.

cent demand dollar India investors lower market oil physical Rs

 

SPY Trends and Influencers August 12, 2017 [0.07]

Posted on Aug. 12, 2017, 1:03 p.m. by Dragonfly Capital @ [source]

Last week’s review of the macro market indicators noted heading into the first full week of August that equity markets were settling and marking time near their highs.

The SPY started the week like it ended the last one, in a tight range.

bias charts equity higher index IWM lower pullback QQQ SPY

 

The broad-based major European indices closed lower in Friday's trading session, as falling mining stocks and banks burdened the markets. Antofagasta Holdings closed 2.3% lower.

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This article explores what this pleasant surprise means to the company's valuation. As I explained in my article, Bye Bye Dilution, this is a very positive development for long-term shareholders.

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Gold hits two-month high, demand falls 3% due to GST [0.15]

Posted on Aug. 11, 2017, 3:53 p.m. by Markets @ [source]

Standard in the popular Zaveri Bazaar in Mumbai jumped by 0.5 per cent or Rs 140 to close at Rs 29,210 per 10 grams on Friday gaining 2.5 per cent during the week.

Meanwhile, prices traded higher by 0.4 per cent today at $1,287 an oz on Friday translating 0.2 per cent increase in on the Multi Commodity Exchange (MCX) here with the contract for delivery in near month jumped to Rs 29,230 per 10 grams.

cent demand Friday grams India jumped lower physical Rs tonnes

 

American depository receipts of European stocks were 0.2% lower at 133.81 on the Bank of New York Mellon Europe ADR Index on Friday morning.

In the UK, Akari Therapeutics ( AKTX ), a development-stage biopharmaceutical company, was 4.1% lower, followed by miners Rio Tinto (RIO) and BHP Billiton (BBL), down by 2.2% and 2.0%, respectively, while Barclays Bank (BCS) was down by 1.8%.

bank biopharmaceutical CGG Continental Europe higher led lower stage York

 

Stocks opened higher Friday after a Labor Department report showed a lower-than-expected rise in consumer prices. The VIX was more than 5 percent lower Friday, but was up about 50 percent week to date.

Friday havens Korea lower market North safe stocks tensions VIX

 

The summer of hell for IPOs [0.04]

Posted on Aug. 11, 2017, 12:34 p.m. by Trader Talk with Bob Pisani @ [source]

It's the summer of hell for IPOs as the mood turns sour despite record high markets.

IPOs started the year with great promise, but have fizzled on high profile disappointments from Snap and Blue Apron and the refusal of tech unicorns to go public and face lower valuations from a stingy investment community.

Apron companies demand IPO lower market private public Smith valuation