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OPEC: Further Cuts Off The Table

No further oil output cuts are on the agenda for the July meeting of the ministerial committee set up to monitor compliance with the OPEC-non-OPEC deal, the cartel’s secretary general Mohammed Barkindo told media at a news conference in Istanbul ahead of the World Petroleum...
Posted On 13 Jul 2017

Technology Sector Update for 07/11/2017: STM,TEUM,SNAP

Top Tech StocksTop Tech Stocks MSFT 0 24 MSFT 0 24 AAPL 0 42 AAPL 0 42 IBM 0 10 IBM 0 10 CSCO 0 34 CSCO 0 34 GOOG 0 09 GOOG 0 09 Technology stocks added to their small gains this afternoon but still were overtaken by energy stocks for the largest advance among individual sectors Source
Posted On 13 Jul 2017

Consumer Sector Update for 07/11/2017: JCP,RCII,VOXX

Top Consumer StocksTop Consumer Stocks WMT 0 57 WMT 0 57 MCD 0 41 MCD 0 41 DIS 0 30 DIS 0 30 CVS 0 62 CVS 0 62 KO 0 03 KO 0 03 Consumer stocks were narrowly lower in recent trade with shares of consumer staples companies in the S amp P 500 slipping just over 0 2 while shares Source
Posted On 13 Jul 2017

ATI Crosses Above Key Moving Average Level

In trading on Tuesday shares of Allegheny Technologies Inc Symbol ATI crossed above their 200 day moving average of 17 41 changing hands as high as 17 70 per share Allegheny Technologies Inc shares are currently trading up about 3 3 on the day The chart below shows the one Source
Posted On 13 Jul 2017

Overview Of The Metals Market

By Avi Gilburt, ElliottWaveTrader.net First published on Sat July 8 for members of ElliottWaveTrader.net:   As I see many metals investors and traders begin to throw in the towel, I wanted to take this opportunity to again explain why I will not count myself amongst them just...
Posted On 13 Jul 2017

Technology Sector Update for 07/12/2017: AMZN

Top Technology Stocks Top Technology Stocks MSFT 1 1 MSFT 1 1 AAPL 0 2 AAPL 0 2 IBM 0 2 IBM 0 2 CSCO 1 1 CSCO 1 1 GOOG 0 7 GOOG 0 7 Technology shares were mainly higher in early trade on Wednesday Technology shares were mainly higher in early trade on Wednesday Source
Posted On 13 Jul 2017

Mid-Morning Market Update: Markets Open Higher; Fastenal Earnings Top Views

Following the market opening Wednesday the Dow traded up 0 67 percent to 21 552 69 while the NASDAQ climbed 0 76 percent to 6 240 31 The S amp P also rose gaining 0 68 percent to 2 442 06 Leading and Lagging Sectors Non cyclical consumer goods amp services shares rose by 1 Source
Posted On 13 Jul 2017

SHI Makes Bullish Cross Above Critical Moving Average

In trading on Wednesday shares of Sinopec Shanghai Petrochemical Co Ltd Symbol SHI crossed above their 200 day moving average of 55 70 changing hands as high as 55 71 per share Sinopec Shanghai Petrochemical Co Ltd shares are currently trading trading flat on the day The chart Source
Posted On 13 Jul 2017

AMEC Foster Wheeler Stock Getting Very Oversold

In trading on Wednesday shares of AMEC Foster Wheeler PLC Symbol AMFW entered into oversold territory changing hands as low as 5 42 per share We define oversold territory using the Relative Strength Index or RSI which is a technical analysis indicator used to measure momentum on...
Posted On 13 Jul 2017

Mid-Day Market Update: Ocular Therapeutix Drops After Major Setback In Dextenza; I.D. Systems Shares Surge

Midway through trading Wednesday the Dow traded up 0 67 percent to 21 553 29 while the NASDAQ climbed 0 83 percent to 6 244 87 The S amp P also rose gaining 0 67 percent to 2 441 84 Leading and Lagging Sectors Non cyclical consumer goods amp services shares rose by 1 18 Source
Posted On 13 Jul 2017