US Markets

Emerging Markets Sovereign Debt (PCY) On The Ropes

Folks, some followers requested that I take a look at the Emerging Markets Sovereign Debt ETF (NYSEARCA:PCY).  Honestly, I hadn’t looked at this particular ETF before. But my initial thoughts are: wow, that was a perfect sell pattern setup. As I’ve said before, some patterns work, while some don’t –…

Global Market Review & Economic Update – October 2016

October was a mildly interesting month, as both bonds and stocks sold off moderately. Usually these asset classes move in opposite directions.  The S&P 500 (INDEXSP:.INX) “total” return for October was -1.82%. Wall Street showed its hand, as stocks sold off on news of the FBI investigation of Clinton’s emails,…

Donald Trump’s Victory & The Fall Of The Middle Class

The Inconvenient Truth behind Donald Trump’s Victory Following the BREXIT vote in late June and passionate support for the Bernie Sanders campaign, the Presidential election of Donald Trump provided yet another sign that the American people, as well as many around the world, are increasingly demanding a new economic path….

US Corn Futures Weekly Price Outlook: Record Corn Yields?

There were a number of notable private U.S. Corn production forecasts issued this week. And we’ll get the USDA’s November 2016 WASDE report on Wednesday, November 9th. FCStone in particular issued a revised 2016/17 U.S. corn yield estimate of 175.3 bpa with total production pegged at 15,226 million bushels versus…

Successful Traders Remain In The Drivers Seat

This post was written by my wife, Holly Burns. We talk a lot about the importance of trading plans, but it has occurred to me that plans may be where many of us are coming up short. Merriam Webster defines a “plan” as a set of actions that have been thought…

Stock Market Video: Consolidation A Positive For Investors

The past 3 months have seen the major stock market indices transition into consolidation mode. This churning in the stock market has created little net gain for the S&P 500 (INDEXSP:.INX) over this time. However, the consolidation looks healthy. October Stock Market Video In the video below, I look at sectors…

Tesla Motors Stock (TSLA): Bull/Bear Battle At Key Trend Line

Last month, I wrote a post about Tesla Motors (NASDAQ:TSLA) bull market trend line.  More specifically, I highlighted how Tesla’s stock price was testing its post-2012 rising trend line. Today, the stock is still clinging to its trend line… perhaps for dear life. Considering that Tesla was once the the tech…

10 Trading Rules For New & Aspiring Traders

Whether an amateur or professional, trading is a difficult endeavor. The markets can be unforgiving… and, as much as it pains traders, are always right. It takes a strict trading process and discipline, amongst others, to succeed in this business. Below are 10 golden trading rules that can help new…

Biotechnology Sector Testing Bull Market Trendline

When this market cycle finally comes to an end, among the sectors that will be remembered as one of its key drivers is biotechnology. With a gaudy 750% gain since its 2009 lows, the Biotech run had been so hot, it attracted “bubble” talk in its descriptions, including by us back…