Advisor: Charles Payne Focus: Short - & intermediate - term trades targeting 3 % -15 % gains Volatility Level: Medium Trading Frequency: Up to 5
trades each week Price: $ 199 for 3 - month trial Service Features: click here
Not exact matches
The Trump administration in recent
weeks applied tariffs to imports of Canadian lumber, agreed to investigate charges that Bombardier is using government subsidies to sell its new plane at unfair
prices, and triggered the legislative process that will lead to a renegotiation of the North American Free
Trade Agreement.
Although the oil
price and the dollar have moved in tandem for the last few
weeks, the two generally tend to
trade in the opposite direction, as a stronger dollar encourages non-U.S. investors to sell oil and crude - importing countries to curtail their purchases.
US - focused biotech company pSivida has released
pricing details of a $ US16 million capital raising, after two
weeks of volatile
trading in its ASX - listed shares.
Just a
week ago, Circle, a financial services firm specializing in Bitcoin
trading, acquired Poloniex, a rival cryptocurrency exchange to Coinbase, for a
price believed to be around $ 400 million, as Fortune first reported.
The company's senior unsecured bonds due in 2018 last
traded Thursday at 5.25 cents on the dollar, down from 72 cents the
week before the bankruptcy filing, according to Trace bond -
price data.
Trading started this weekend and so far, it sounds like the mania is intact as the
price soared more than 20 per cent earlier this
week.
On Wednesday, oil
prices were
trading higher, after hitting a three - month low earlier in the
week.
But interest from the underwriters was such that the same shares were offered instead at $ 18 — and doubled in
price over their first two
weeks of
trading.
The difference between the IPO
price and the
price of a company's stock at the end of the first day or
week of
trading seemed to us to be money that should properly be in the hands of the company.
Bitcoin has been
trading in a narrowing
price range over the past
week, but a bullish breakout is looking likely.
The stock has a consensus analyst
price target of $ 81.55 and a 52 -
week trading range of $ 53.70 to $ 76.99.
Treasury yields edge slightly higher, and
prices slip, on Monday as
trade tensions between the U.S. and China appear to be dialed back after helping spark a selloff to close out last
week's action on Wall Street.
NEW YORK (Reuters)- Oil jumped as much as 3 percent on Tuesday as a weak dollar propped up commodities, but crude
prices came off their highs in post-settlement
trading on signs of another big U.S. supply build last
week.
Yesterday, we sold our swing
trade in DB Gold Double Short ($ DZZ), a «short ETF» that inversely tracks the
price of spot gold, for a solid gain of 9 % over a two -
week holding period.
With $ GKOS
trading near its record high, its
price is well above its 40 -
week moving average, as well as its 10 -
week moving average (similar to 50 - day moving average).
$ IHI broke out from its last base three
weeks ago, and the
price is still
trading near its highs (above the 10 - day moving average on the daily chart).
As is frequently detailed on this blog, stocks and ETFs
trading at new 52 -
week or all - time highs typically repeat the «base, breakout, base, breakout» cycle several times before eventually entering into a substantial correction, as there is a complete lack of overhead supply (no technical
price resistance).
Over the past few
weeks,
price action has been quiet and volatility has been low, with the
price trading in a tight range near the highs of the base:
In the coming days and
weeks, we will be providing newsletter subscribers with our detailed entry, exit, and target
prices of any swing
trade setups that qualify.
New futures contracts based on the
price of the digital currency began
trading Sunday on the Chicago Mercantile Exchange, a
week after bitcoin futures launched on rival exchange Cboe.
Gold - mining stocks certainly fared better than the broader equity market during the first four days of this
week as mining shares that
trade in North America surged on higher precious - metals
prices.
Last
week, on October 2, 2012, we locked in an 11 % gain on a swing
trade in US Natural Gas Fund ($ UNG), a commodity ETF designed to roughly track the
price of natural gas futures contracts.
For me the main information coming out of CPI inflation data is that consumer demand relative to total production continues to be too weak to drive up
prices, something confirmed earlier this
week by the August
trade numbers, which failed to suggest strong growth in domestic demand.
One potential ETF
trade entry on our radar screen this
week is SPDR Gold Trust ($ GLD), a commodity ETF that tracks the
price of spot gold futures.
Share
prices of most producers that
trade in North America rose along with the metals themselves this
week.
Most mining shares that
trade in North America rose during the first four days of the
week, helped by higher gold and silver
prices, with smaller to intermediate - sized companies being the biggest gainers.
Shares of most mining companies that
trade in North America rose during the first four days of the
week along with the
price of most metals, with silver stocks among the outperformers.
However, last
week,
price broke down through the key support of the range near 1.2150, ending the
week below that level, effectively dismantling the
trading range and giving control back to the bears, at least for now.
Stock
prices rose or fell by more than 1 percent in four of five days last
week, and if anything those closing numbers masked even larger swings within each
trading session.
Philip Morris (PM)- Even though the
price has rebounded a bit since my last Buy List post, the international tobacco giant continues to
trade well below its 52
week highs and currently yields 4.5 % at today's levels.
Kinder Morgan Inc. (KMI)- Kinder Morgan is a company I've been reading a lot about recently and wouldn't mind adding it here at current
prices where it currently
trading at $ 31, down from its 52
week high of $ 41.49.
Since stocks and ETFs
trading at new 52 -
week highs have no overhead supply and
price resistance of prior highs to hold them down, our most profitable swing
trades are frequently in stocks and ETFs
trading at 52 -
week highs (like this $ CBM
trade we closed on August 15 for an 11 % gain on a 4 - day hold).
Gold
prices rose on Monday to begin the new
trading week as stocks sold off.
In case you are new to momentum swing
trading, it's important to understand that stocks and ETFs breaking out to new 52 -
week high usually provide us with our largest gains because these equities have a complete lack of overhead
price resistance (which would otherwise be created by sellers who bought a higher
price).
The dollar's weakness, however, failed to help global oil
prices, which continued to fall in Monday
trading following last Friday's data from Baker Hughes (BHI) showed U.S. oil and natural gas producers added 21 rigs over the past
week,
Weeks before the new iPhones were officially released, it implemented a
trade - in program that will take hundreds of dollars off the
price of the new handset if the customer turns in an older model in perfect working condition.
Ethereum
price continued rising along the uptrend line that has been evident since the second
week of April, to score a day high of $ 770 during Thursday's
trading sessions so far.
In case we need a red herring to suggest that the end is nigh, last
week saw the debut of a little Denver fertilizer company, which promptly jumped 58 % above its IPO
price on its first day of
trading.
Many analysts expected the metal to start the
week strong given the geopolitical tensions, yet gold
prices were
trading near unchanged in early U.S. dealings Monday.
While the majority of banks covered by the ECB exercise witnessed a decline in equity
prices on the first
trading day after the disclosure of the results, by the end of the
week quotes for most banks had recovered, with the exception of banks reporting large capital shortfalls.
Last
week Snap went public in an explosive IPO with shares soaring 59 % in the first two days before a selloff this
week that drove the share
price down 21 % through the close of
trading Tuesday.
After spiking to new highs in January, the cryptocurrency's
price languished for several
weeks in March after the SEC rejected the bitcoin exchange -
traded fund proposed by investors Cameron and Tyler Winklevoss.
Corn futures in the May contract were unchanged for the
trading week reversing some of the sharp losses we witnessed earlier in the
week as the Chinese tariffs sent corn
prices at one time lower by $ 0.16 only to rally towards the closing bell.
Spotify began
trading on the New York Stock Exchange today (April 3) and — despite
weeks of wariness around the unusual structure of its public listing — the Swedish music - streaming company is being
priced at around $ 166 a share, giving it a market cap of approximately $ 29.5 billion.
The holding period on the Indian shares we
trade in our model portfolio depends on the strength of
price and volume action, but the average holding period is 2 to 4
weeks.
The livestock sector has sold out tremendously due to the Trump tariffs and a possible
trade war coming with China, but I think all that bad news has already been reflected in the
price as I will be looking at a bullish position in the
weeks ahead.
I'm not involved, but I do think corn and wheat
prices are headed higher as we are right near a three
week high now
trading above the 20 - day moving average, but still below their 100 - day.
After gently retracing from the February 25 high of its recent breakout and
trading in a tight range for more than a
week, the 10 - day moving average has caught up to the
price.
Shares of Shake Shack Inc (NYSE: SHAK) soared in the
weeks following its 2015 IPO, but the stock has since lost all momentum and continues to
trade below $ 45.90, which marks the closing
price on its first day of
trading.