Time for Gold to Rest

June, 21, 2019|

All markets go through the same three phases on a regular basis, no matter what time frame you are watching. For most, we watch the longer time frames, but whether you trade a 5-minute chart or a weekly, the same 3 phases are always there...

Apple Looks at Options

June, 21, 2019|

Apple Explores Options for Production in China

Apple Inc has asked its major suppliers to assess the cost implications of moving 15%-30% of their production capacity from China to Southeast Asia as it prepares for a restructuring of its supply chain...

Gold Exploding, 1400 is Here

June, 20, 2019|

For days we have written about the consolidation pattern that gold was trading in and that if the metal could close above 1350, 1400 would be next. In less than 12 hours gold has closed above 1350 and overnight almost got to 1400...

Slack Direct Listing Today

June, 20, 2019|

Slack Stock to Open Thursday

Slack Technologies Inc. is set to make its trading debut Thursday on the New York Stock Exchange with a valuation of about $15.7 billion, the second major company to go public through a so-called direct listing...

Gold Breaks Out, Falls Back

June, 19, 2019|

Another attempt to breakout for gold, once again failure. The pattern looks solid, but gold can’t seem to close above the 1350 level. Although the metal looks like it wants to break to the upside there are some warning signs...

CBS and Viacom Getting Together

June, 19, 2019|

CBS is Preparing an Offer for Viacom

CBS Corp. is preparing to make an offer for sister media company Viacom Inc. in the coming weeks, following a meeting of CBS directors last week in which a potential deal was discussed...

Gold Testing 1350, Again

June, 18, 2019|

As the Gold churns is the soap opera we are watching today. With the FED announcement less than 24 hours away, Gold traders and investors are trying to position themselves for the what the clueless will say...

What’s Next for Huawei?

June, 18, 2019|

Huawei Bracing for Revenue Hit

Huawei founder and CEO Ren Zhengfei estimates the tech company’s revenue will be $30 billion less than forecast over the next two years due to the U.S. government’s ban and ongoing trade dispute with China...