Written by Lance Roberts, Clarity Financial
Two week's ago, I wrote an article entitled 'Oversold Bounce Or Return Of The Bull,' wherein I laid out the probabilities of a short-term rally due to the oversold condition that existed at that time.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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Written by Econintersect
Econintersect: Here is a day-by-day rundown of the global economic calendar events for the coming week and the important earnings announcements each day, as well. The presentation is by Merlin Rothfeld from Online Trading Academy and Power Trading Radio.
Video presentation follows the Read more >> jump
Infographic Of The Day: Cheat Sheet: NAFTA's Mixed Track Record Since 1994
On January 1, 1994, the North American Free Trade Agreement (NAFTA) officially came into effect, virtually eliminating all tariffs and trade restrictions between the United States, Canada, and Mexico.
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Written by Sig Silber
Typical Spring weather. There is a hint of El Nino gaining ground but there are other reasons for thinking that we may be setting up for an active Atlantic Tropical Storm Summer. Generally those two concepts do not coexist well but since Summer happens before Winter it might be possible.
Written by Danielle DiMartino Booth, Money Strong
Article of the Week from Money Strong - How do you take your plaque?
C'mon, we all have our victual vices that risk turning the gourmet in us gourmand. Those naughty nibbles that do so tempt us. Is it a bacon, cheese, well .... anything? Maybe a slice of pie - pizza or otherwise? Or do you take yours scattered, smothered and covered? As in how you order your late-night hashbrowns at Waffle House - scattered on the grill, smothered with onions and covered with melted cheese.
Written by Jeff Miller, A Dash of Insight
Every trader wants to be a contrarian. You get to be the 'smart money.' You buy low and sell high. Buy the dips and sell the rips. Contrarians may not always be right, but they certainly get attention.
28Apr2017 Pre-Market Commentary: Wall Street Expected Top Open Fractionally Higher, But Trading Will
Written by Steven Hansen
Econintersect's Economic Index improvement trend continues - and the index is now forecasting normal growth for the first time since early 2015. Six-month employment growth forecast indicates modest improvement in the rate of growth.