Thursday, April 17, 2014 8:07 AM EDT
Weekly Charts Updated
by Geoff Garbacz
Each week we highlight charts below of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG and CFT. The charts use the 50 day moving average slope indicator. When it is green we like the instrument we are tracking and when it is red we avoid the name/sector/asset class.
Daily P/Laybook: Futures Higher
by Geoff Garbacz & Staff Writers
US futures: S&P -1, Dow Jones -16 NDX +2 with fair higher hurting the open. Asia mixed and Europe lower. Copper abd silver higher with gold lower. WTI Crude higher and Brent Oil Futures lower. Natural Gas higher. $ is lower vs Euro, lower vs. Pound and lower vs. Yen. US 10 year Treasury yield +1. Prices as of 7:45 a.m. EST
Today's Superstock Investor Stock Scorecard:
ADVANCED MICRO DEVICES (AMD)
by Superstock Investor
Advanced Micro Devices (AMD) will report earnings after the close. Estimates are $0.01 versus $-0.13. The company is in the midst of a turnaround with a new CEO. The price target has some nice upside on a percentage basis. The upper bound far away making this an interesting idea.
The Madison Letter:
by Staff Writers
We are invested on our overall Market Call. Our weekly updates had been only on the Weekly Crash Indicators but we have started producing this in coordination with the Weekly Crash Indicators release. Since inception, our overall timing return is 60.11% versus 31.07% on the S&P 500 for excess return of 29.04%
Articles That Matter:
Gold Moves Back Below $1300
by Geoff Garbacz
Gold struggled this week as the U.S. economy posted numbers to support a recovery which means interest rates will eventually rise. The only hope for gold is conflict in Ukraine. Worth the read.
Morning Briefing Archives