News

SPX 1 hour stock chart

SPX Stalking 1 Hour Chart For Liftoff

12/11/2018

After yesterday’s Spinning Top candlestick with long lower shadow, the hope was that today would be a significant bounce day. It sort of was at market open but everyone sold into the move up and markets ended the day pretty much flat. Here is how we are going to trade this market. We are looking […]

HEMP stock chart

Notable Press Releases For December 11 2018 $BLNK $BOX $RHHBY $CCO $HEMP

12/11/2018

Below are notable press releases for December 11, 2018. Blink Charging (BLNK) Blink Charging announced today that the city of Peoria, Arizona has renewed its long term, exclusive charging service contract effective immediately through 2023. This renewal allows the city of Peoria to continue offering EV drivers with access to 2 Blink Level 2 EV […]

Trump Shumer Pelosi

Government Shutdown Odds SURGE Higher On December 11 2018

12/11/2018

The odds of a government shutdown exploded higher today after Nancy Pelosi and Chuck Shumer met with President Trump today in the White House. I think there’s now a 75% chance of a government shutdown late next week. President Trump wants $5 billion in funding for a wall, while the Democrats are offering $1.3 billion […]

RGSE stock chart

RGS Energy’s POWERHOUSE Partner Risen Ranked Among Top Three Solar PV Module Manufacturer

12/11/2018

DENVER, Dec. 11, 2018 (GLOBE NEWSWIRE) — Risen Energy (China – Shenzhen: 300118) reported on November 19, 2018 it has been listed by Exawatt Power Rankings as a top three solar PV module manufacturer for the second quarter of 2018. This achievement reflects Risen Energy’s outstanding success in developing industry-leading PV module technology and delivering […]

SPX stock chart with Spinning Top candlestick

Spinning Top on S&P 500 Signals Swing Move Up

12/10/2018

The S&P 500 formed a Spinning Top candlestick on Monday, December 10, 2018. The bearish sell signal on the MACD warrants caution but price action trumps all other indicators. The Spinning Top candle on December 10, 2018, occurred at a major support level which is bullish. I would prefer to wait for a break above […]

China Injunction Could Pave the Way For Massive Settlement

12/10/2018

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S and P 500 futures

Overnight Futures Down Going Into Monday December 10 2018

12/9/2018

Overnight futures are down as we approach market open on December 10, 2018. It’s a good idea to track overnight futures on Sunday night in order to get a feel for how soft trading will be at market open. If overnight futures are down as they are now, it’s usually not a good idea to […]

US and China currencies

Huawei Arrest and the China Trade War

12/9/2018

Huawei is the biggest global supplier of network gear for phone and internet companies and has become the target of deepening U.S. security concerns over its ties to the Chinese government. The U.S. has driven European countries and other allies to limit use of its technology, warning they could be opening themselves up to surveillance […]

ACHN stock

Biotech Stocks To Watch $ACHN $ADMA $CELG $CFRX $FGEN $MRNS

12/9/2018

Biotech stocks are not doing well in this risk-off market. I would not recommend trying to swing trade biotechnology stocks because so much money is being pulled out of them as evidenced by IBB. However, Global Blood Therapuetics (GBT) was a big win for us last week as the stock popped 48% following news that […]

Lance Jepsen, host of the Saturday Night Stock Market Prediction Show

Stock Market Prediction Show For Trading Week of December 10 2018

12/8/2018

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