The plight of natural gas driller Chesapeake Energy could almost make you feel sorry for CEO McClendon. He lost his chairmanship after his conflicted entanglements and an in-house hedge fund had seeped out. The company announced it may run out of cash…
The market selloff looked ugly, but cycle screening measures are either lagging badly or signaling that this weakness won’t be sustained. That’s like saying the…
Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks…
This Energizer Bunny rally continues to surpass every target I’ve set thus far. My expectations leading into it were, quite frankly, wrong.
The one consolation I can take is that — while my price targets are being blown th…
ES 1147 -32.75 so far ugly action in trying to form intraday bottom. A couple big spikes on volume trapped more bulltards at higher prices which will provide further resistance, and if we collapse back down, the downside momentum will be even greater…
As ugly as Friday was, it did not break the short term uptrend. Because the market is so illiquid, trend channels have widened. What goes…
“….so what poopypants? I’m short.”
Yogibear, by request
*The entire quote should have been “short, fat, and ugly with the unmistakable stench of toad coming from my pants.”
With the May non-farm payroll report coming out Friday morning, the market’s focus remains on the labor market. And we got a less-than-reassuring glimpse of the jobs picture through the weaker-than-expected report this morning from payroll processor…
Tax receipts collapsed at an annual rate of 18% in October, which is far worse than I had feared based on our tracking of the…