Analysis from Éric Chwaliszewski / @ChroniqueBourse posted June 30th 2019. By the close of the semester the S&P 500 index has confirmed the continuation of the phase 3 uptrend. One more time, the Bund / Tnote ratio has been a remarkable predictor of the stock market price action by forecasting its progress two semesters in […]
The Global Dow Index is Nearing a Major ...
Analysis from Ryan Detrickk, CMT via Twitter: The Global A/D line made new highs again. Additionally, the Global Dow Index is nearing a major breakout. Tough to buy the ‘we’re headed for a global recession’ crowd when these two things are happening.
Which is the strongest Currency, the Jap...
Looking to open new short positions against weakest currencies (AUD, NZD, CAD, GBP) by the opening of the week, month, quarter and semester we are now hesitating between selling them against the Swiss Franc (CHF) or the Japanese Yen (JPY). Now the question that arises is, which of the two is the strongest and expected […]
Amerant Bancorp, There is No Smoke With...
Put differently, there is no increase of trading volumes without underlying motives, and when such an increase of activity occurs in a bullish set-up there is certainly a good reason for the asset to move up: June 26th Amerant Bancorp (NASDAQ: AMTB, AMTBB) announced: Amerant Bancorp to Be Added to the Russell 2000® Index | […]
Is the Natural Gas Price Collapse Done F...
At the time of writing natural gas is bouncing 5% off yesterday’s low. This raises the question if the gas price collapse is finally done for good. Natural Gas Real Time Daily Price Chart NATGASUSD Chart by TradingView Loyal readers of this blog now understand that the longer term trends always prevail and that a […]
GSI Technology Buy Signal
We are buying GSI Technology (Symbol: GSIT) at the opening on June 24th 2019 with a limit order set at $8.7. $GSIT closed last week at $8.63. The initial stop loss should be placed below $7.8. The motive for this long trade is the dynamic GSIT price trend propped up by the moving average, the […]
Before / After Analysis – Solar ETF vs.
In March 2018 we published Solar Stocks Are Vowed to Crush Oil, Coal and Nuclear Stocks with several technical scenarios for the energy sector outlining an expected outperformance of solar stocks. In particular it was envisioned for the ratio between the solar stocks and the refining stocks to break out from an identified bottoming pattern […]
Before / After Analysis – AMD – March 20
In March 2018 we published: Advanced Micro Devices (Symbol: AMD) Is Consolidating Its 2-Year Advance Within a Falling Monthly Wedge and commented: AMD is retracing its 2-year move from mid-2015 to July 2017 and looks good to buy at the bottom of the falling wedge. Another oscillation could happen inside the wedge but the next […]
Ethereum Attempting a Monthly Breakout a...
Summary: Ethereum is attempting a breakout on both the daily and monthly time frames and at the same time showing intentions to revert its underperformance against Bitcoin. Ethereum is a buy at the present level but preferably below 290 dollar and with a protective stop around 260 dollar. Daily ETHUSD Breakout in Progress At the […]
Global Automotive Company Issues Purchas...
Global Automotive Company Issues Purchase Order to Nano One Global Automotive Company Issues Purchase Order to Nano One Vancouver, Canada – June 20, 2019 – (TSX-V: NNO) (OTC-Nasdaq Intl Designation: NNOMF) (Frankfurt: LBMB). Nano Oneâs CEO, Mr. Dan Blondal, is pleased to announce that Nano One has entered into an agreement and has received a […]
Intrexon Corporation and Surterra Wellne...
Intrexon Corporation and Surterra Wellness Partner in $100mm Deal to Advance Commercial Scale Fermentation-based Cannabinoid Production Intrexon Corporation and Surterra Wellness Partner in $100mm Deal to Advance Commercial Scale Fermentation-based Cannabinoid Production Intrexon Corporation (Intrexon) (NASDAQ: XON), a leader in the engineering and industrialization of biology to improve quality of life and health of the […]
Neptune to Expand Cannabis Oil Extractio...
Neptune Receives Health Canada’s Amendments to Expand Cannabis Oil Extraction Capacity to 200,000 kg and for Cannabis Oil Capsule Production Laval, Québec, CANADA – June 17, 2019 – Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT) is pleased to announce that its wholly owned subsidiary, 9354-7537 Québec Inc., has received a […]