December 29, 2013
We mentioned this in this week’s TDI Podcast episode (If you have not listened yet, you should…) There is a overheated reading on the Key Reversal Indicator and clusters forming.
Note that the chart below provides some of the recent history of the S&P 500 and the turning points. Now, not all overheated readings will result in a major correction, but they do point to a period where a change of short-term direction may occur. We have tested this Read more
December 29, 2013
We are talking with Frank Curzio to close out the 2013 year and find out what is ahead for 2014. Franks talk about some of the potential in the shale oil arena as well as gold stocks and cloud computing. We then talk with Ken Shea about the potential for growth of the e-cig market. This could be a real winner from the looks of the growth track. Read more
December 24, 2013
The Yule Log used to be on WPIX in New York when I was a tot – for the whole day of Christmas. It was simply a wood fire crackling in the background with Christmas/Holiday music playing for HOURS AND HOURS…
For you to enjoy.. Read more
December 22, 2013
Guest Satyajit Das has a few items on his list to talk about. We cover the meaning of the taper, what is going on in Spain as well as the problems that an increasing dollar has on emerging markets. Read more
December 19, 2013
The buy the dip mentality was re-ingrained as the market made new closing highs on Wednesday, December 19th. This was on the heels of the Federal Reserve decision to taper asset purchases by $10 Billion. This was pretty much on par with what analysts had expected as far as the amount they would taper. However, only 30% of analysts actually believed the Fed would go through with tapering after this meeting.
If you weren’t looking closely as the decision came out, you would have missed the initial reaction to sell stocks. However, as they reiterated the fact that rates would remain low for an exceptional length of time, the game plan to bid the market was re-instilled.
Using TriggerPoint Research’s proprietary algorithm we have identified some of those stocks with the potential to break out higher in the near term. While they have not quite hit that point, these stocks are on our watch-list for a TPR Equity ALERT!
Please see important risk disclosures before acting on this ALERT!
Link to this article: http://wp.me/p2bhUt-1Cq