The Morning Call
4/12/16
The
Market
Technical
Yesterday’s
pin action was not good. A strong open
that gets faded the remainder of the day is not a bullish pattern. That said, breadth has not weakened.
GLD
broke above the upper boundary of its very short term downtrend. It is not in the clear yet but getting close.
Fundamental
This
is a slow week for US economic data but the start of earnings season. Since some earnings weakness is expected the
key will be forward guidance.
Atlanta
Fed lowers first quarter GDP growth estimate to +0.1%---fifth in as many weeks.
JP
Morgan chimes in raising concerns about declining profit margins (medium):
Obama’s
meeting with Yellen. Think legacy.
(short):
What
if we get an oil production freeze?( medium):
Is China now cheating on
the G20 agreement? (medium):
The
Japanese endgame (medium):
Used
car prices plunge (medium):
Visit Investing
for Survival’s website (http://investingforsurvival.com/home)
to learn more about our Investment Strategy, Prices Disciplines and Subscriber
Service.
No comments:
Post a Comment