Investing Research

Crude Oil Due For A Pullback? Watch Those Yearly Pivots!

Crude oil is pulling back a bit after testing the Yearly R2 resistance Pivot Point. WTI Crude Oil loves the Yearly Pivots! In 2016, the Yearly S1 Support Pivot at $26 was the Low for the year. Last year, the Yearly S1 Pivot at $42 was also the Low for…

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Crude Oil Due For A Pullback? Watch Those Yearly Pivots!

Crude oil is pulling back a bit after testing the Yearly R2 resistance Pivot Point. WTI Crude Oil loves the Yearly Pivots! In 2016, the Yearly S1 Support Pivot at $26 was the Low for the year. Last year, the Yearly S1 Pivot at $42 was also the Low for…

Petrobras Stock Falls After Slashing Fuel Prices: More Downside Ahead?

Brazilian state-led oil company Petróleo Brasileiro traded 13% lower on Thursday morning, after the company temporarily lowered diesel prices by 10% late on Wednesday. Petrobras CEO Pedro Parente called the cuts “an exceptional measure,” noting that they would remain in place for only 15 days. The decision, which is estimated…

US Dollar Correction Over? Big Test Underway!

The U.S. Dollar Index has been mired in a correction for several months. During that time, stocks, gold, and oil exploded higher in 2017 and early 2018. But the greenback has put together a multi-week rally. Is the correction nearing an end? Looking at the chart below, you can see…

S&P 500 Futures Trading Update: Watch Your Levels!

Broad Stock Market Futures Outlook for May 24, 2018 As volume drifts lower, buyers defended the tests of support in our range defined across the futures landscape. The song remains the same – the charts are range bound but with enough range to make trading profitable at these edges – moving…

Dow Jones Home Construction Index: Trouble Is Brewing

After topping in January 2018, the stock market has become a bumpy ride. We endured a correction on most major stock indexes and are now chopping sideways. Monitoring the markets for clues about what’s next, I stumbled upon a key index and indicator for the economy and stock market. The…

Machine Learning Meets Investment Portfolio Management

This article is an excerpt from two larger reports published by the Connected Wealth team. The first is an introductory primer on Big Data and Machine Learning (full report HERE). The 2nd is a White Paper on how we used machine learning to better optimize an investment strategy that targets…

The Market Trend Is Your Friend… Until It’s Not

Before February 2018, the S&P 500 was positive for a record 15 months in a row. Despite the seemingly perfect track record, a series of daily record highs, and unprecedented levels of positive investor sentiment, the market’s tone changed abruptly in the last few days of January. Since the record…

Tiffany & Co Blazes 16% Higher On Earnings: Will It Fizzle?

Tiffany & Company (TIF) traded 16% higher on Wednesday morning, after reporting earnings that beat Wall Street estimates. The company reported earnings per share of $1.14 and total revenue of $1 billion, far exceeding analyst expectations of $0.83 and $958 million. For the fiscal year, Tiffany now projects earnings of…

Micron (MU) To Buyback $10 Billion In Stock, Shares Rally

Micron Technology (MU) traded 7% higher on Tuesday morning, after the chipmaker announced a program to buy back up to $10 billion of its stock. This would equate to 16% of the company’s outstanding shares. “Micron is executing well on its production roadmaps and steadily closing the cost/competitive gap,” noted…