Morning Matters:

The Most Predicted Technical Correction Is Not Going To Happen
by Geoff Garbacz

Many technicians are talking about a troubling head and shoulders formation that at the end of the day will result in a new bear market. Sorry but it is not that easy. The consensus is now for this to occur. We prefer to challenge this mindset. Why? More...

Market Matters:

Futures Rebound This Morning
by by Staff Writers

Asia lower and Europe higher. S&P 500 and NASDAQ 100 futures are higher by 6.80 and 9.00. Brent Crude is at $75.94 from $75.86 with gold at $1245 from $1237 and natural gas at $4.49 from $4.69. The Up Dollar ETF (UUP) closed at $25.06 higher by 0.48%. Currencies see the Yen at 88.70 from 88.80 with the Pound at .67 from .66 and Euro at .81 from .82. The 20 Year Treasury ETF (TLT) closed at $101.07 higher by 1.09%. High yield bonds and corporate investment grade bonds fell. More...

Today's Superstock Investor Stock Scorecard:

SCHNITZER STEEL INDS -CL A (SCHN)
by Superstock Investor

Schnitzer Steel (STZ) will report earnings after the close. The company is expected to make .86 cents versus a loss of -.05 a year ago. The price target is $52.27 so with this week's action it is now 23.73% cheap to its price target. More...

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