American Electric Power Co., Inc. (AEP) Sector: Utilities (Market Score 9)...
Market Watch
Current Gold Bubble May Coming to an End
On August 16th I posted an article about the memorizing metal gold. More or less about how it was in a bubble. Here is a little of what I said: Needless to say, it’s the gold bugs who have proven right all these years, even with their sometimes ridiculous investment theories. But, for today, I [...]
Great Investment Opportunity: Antares
Antares Pharma (AIS) Sector: Healthcare Industry: Medical Instruments & Supplies Recommendation: Set Buy Stop Order at $2.20, Set Buy Stop order at $2.60 Antares Pharma (AIS) is specialty pharmaceutical company that has developed three proprietary platforms, two of which now include FDA approved products. The company’s products typically improve safety and efficacy profiles by minimizing [...]
American Electric Power Looks Attractive
American Electric Power Co., Inc. (AEP) Sector: Utilities (Market Score 9) Industry: Electric Utilities Recommendation: Strong Buy American Electric Power Company, Inc. (AEP), together with its subsidiaries, engages in the generation, transmission, and distribution of electric power to retail customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric energy. The [...]
Proceed with Caution: Gold is Looking Parabolic
This month gold has broken out to new all-time highs again over $1,750 an ounce. It has also broken above its long term bull market channel going all the way back to 2002. I still see this market as a bubble. I know the doom and gloomers would say much different. They would say this [...]
Relationship Between Oil and GDP Growth
Since the 1970′s there has been an observable relationship between the price of oil and the GDP growth with oil price shocks followed by recessions. Energy is a necessity and people have to consume them before discretionary goods. When necessity goods are expensive people are worse off in terms of standard of living; this relationship [...]
Nasdaq Approaches Resistance
In times like this we can learn a great deal of information from analyzing inter market relationships. The Nasdaq is seems to be the first one of the major indexes to challenge its topping pattern. Intense resistance is going to be in the 2600 area. Depending on how the Nasdaq reacts near 2600 we can [...]
Update on the French Situation
Here’s a little something to hold you over until I can publish my weekend market update. More than likely that will come tomorrow. Yesterday in my market update, which can be found here, I detailed how European debt concerns are hurting financial institutions here in the United States. I said: Anyway, don’t look for a sustainable recovery in [...]
Weekend Market Update: 12 August 2011
Hello everyone! What a volatile week we had. If you remember back on August 1st in the post titled, “Critical Junction for Financial Markets,” which can be found here, Cole Borgia (my co-founder) said: The market seems vulnerable at the moment as it’s back below the 50 day moving average and still a few percent away [...]
Market Update on S&P 500 and Financials
Today the S&P 500 (market) is retesting a critical area of resistance in the 1180 zone. Most indicators on the daily timeframe are extremely oversold, meaning a strong bounce in the markets is a very likely possibility. However, just because the indicators are oversold doesn’t mean that can’t be more oversold. Watch the S&P for [...]
Dylan Ratigan Goes Off About U.S. Political System
I’ve watched Dylan Ratigan since 2006 when he started at CNBC. He was on the floor of the stock exchange during the 2008 crash and never missed a beat. I respect him. So when I see him lose it like this about the United States political/financial infrastructure it almost scares me. Mr. Ratigan is clearly [...]
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