Investing Research

Chart Of The Day: German DAX Bounces Off Key Trend Line

Over the last two weeks, the German DAX stock market index has tested and held its uptrend line from last October. Holding this trend line would be a huge win for European stocks, as well as other major stock market indices. Here’s why. First, the German DAX has been a global leader since last October. While U.S. equities (i.e. the S&P 500) were consolidating in early 2015, the German DAX was

COT Report: Traders Lighten Up Into Big Economic Data Week

The following is a recap of The COT Report (Commitment Of Traders) released by the CFTC (Commodity Futures Trading Commission) looking at futures positions of non-commercial holdings as of May 19, 2015. Note that the change is week-over-week. 10-Year Treasury Note: The April FOMC minutes for all intents and purposes put a nail in the coffin of June rate-hike odds.  At the March meeting, “several” Fed officials thought they should

Top Trading Links: Don’t Fall For The Market Lull-aby

The overall market was quite bland into the long holiday weekend. Undoubtedly, it’s been a stock picker’s market. Given the recent sentiment surveys, it’s safe to say many managers followed the chaser’s playbook. But don’t let the the holiday induced stock market lull you to sleep. There were lots of great reads around the financial web, so let’s dig in to this week’s “Top Trading Links”.   Market Insights The

US Corn Weekly Review: Traders Cautious On Yields Outlook

Monday’s Crop Progress report showed the US corn crop now 85% planted as of May 17th versus 71% last year and the 5-year average of 75%. A number of key corn producing states are nearing the finish line as far as planting is concerned. Illinois was 94% planted, Iowa 92%, and Minnesota 97%. Those three states collectively as of the March 31st Planting Intentions report were expected to plant 33.8 million corn

Intel Corp (INTC) Stock Update: Base Building

When I last looked at Intel Corp. (INTC), the stock had just put out strong earnings and was attempting to bounce after a 3 month decline of around 25 percent. At that time, the setup and earnings report looked good but we were waiting to see if the “big money” felt the same. As well, the stock price (at that time) was below it’s 50 day moving average and downtrend. Here’s an

Apple Inc. (AAPL) Chart Update: Price Pattern Still In Play?

Apple’s stock has spent the past few months consolidating some big gains. And the consolidation range has been wide and tradable for those that are more active. But as Apple Inc. (AAPL) nears its all-time highs again, investors are busy debating whether slowing momentum will lead to a top. That’s a valid question and long-term investors will need to watch price indicators closely to determine exposure. This past February, I

3 Bond Market ETFs Showing Surprising Strength

The weakness in the bond market this year has been primarily centered on Treasury and investment grade corporate debt, which has the highest sensitivity to interest rates. This of course has filtered down to indexes that are heavily overweight quality U.S. bonds. As an example, the iShares Core U.S. Aggregate Bond ETF (AGG) is essentially flat so far this year and erased one-third of its gains in the last 12-months

S&P 500 Hits Major Fibonacci Milestone; Market Looks Tired

Technicians and those technically inclined have waited with abated breath to see if the S&P 500 large cap index would hit 2138.  That price marks the 161.8 Fibonacci extension of the October ’07 to March ’09 decline. For Fibonacci followers, this is an important sequence. That level was hit yesterday. Well, almost. Post-FOMC minutes, the intra-day high yesterday was 2134.72.  Now that the Fib target has been hit, what next?

Historic Rally In Crude Oil Prices Set Up By Bullish Wick

Just two months ago, the 2-month rolling return for Crude Oil prices was -40% (see point (1) in chart below). At that time, Crude Oil had declined almost $70 in the past 9 months, trading near $45/barrel. Many people were predicting that Crude Oil was not near a low and some were thinking the $20 range would come quickly. Well look what happened. Crude Oil has gained 41% in the past 2 months,