Recent Articles
Trade of the Day: Mohawk Industries (MHK)
We like shorting Mohawk Industries (MHK) as a bearish hedge going into an extremely uncertain 2016.
Trade of the Day: Philip Morris (PM)
We expect that a break beyond PM’s October highs should send Philip Morris shares into the $95-$97 range.
A 2016 Santa Claus Rally? Yeah, Get Your Milk and Cookies Ready!
Santa might bring presents, or he might bring coal, but when he visits Wall Street for his annual Santa Claus Rally, investors take note.
Trade of the Day: American Railcar Industries (ARII)
We like a put trade here, but the chain sheet for ARII is somewhat thin
Remain Cautious with Retail Stocks
Cyber Monday sales were impressive this year, but retail stocks may suffer as a result of all those deep discounts.
Trade of the Day: Walmart (WMT)
With Walmart in a longer-term downtrend, we anticipate the fall from the short-term bounce above $60 is going to happen relatively quickly.
Trade of the Day: Phillips 66 (PSX)
We anticipate Phillips 66 will break above its recent high.
Retail Stocks Struggle as Energy Prices Fall
With Black Friday approaching, some retail stocks are struggling with the correlation between low energy prices and shopping revenue.
Trade of the Day: Caterpillar (CAT)
Caterpillar’s stock continues to show signs of weakness, and we anticipate it is going to continue falling in the near term.
Price of SPY and IWM Correlates With Investor Confidence
Traders typically skew more toward small-cap stocks when they are confident and more toward large-cap stocks when they are less confident.
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