Wealth Creation Through Natural Resources
As human beings we all have an innate tendency to want to know the answers and solutions to challenges and questions which we encounter on a daily basis. In financial markets this natural tendency is pushed to an extreme as … Continued
Making women’s butts look better is big business and today’s performance by shares of Lululemon (LULU) is clear evidence of this fact: Shares of the yoga apparel & accessories retailer rose nearly 11% on nearly 8x average trading volume. Perhaps … Continued
Some superb technical analysis on bond yields by RBC Chief Market Technician George Davis this morning: The recent bottom in crude oil saw inflation expectations rise which in turn led to the surge in global bond yields we have witnessed over … Continued
The XOP (SPDR S&P Oil & Gas Exploration & Production Index) rose nearly 6% on the day for its 2nd strongest single day performance since December 2011: Today also marks the first daily close above its 50-day simple moving average … Continued
We have been ‘stalking’ Haliburton (HAL) for a couple of weeks based upon a clearly defined double-bottom setup and the potential for a breakout above $41. This breakout is now in progress: The Daily 14-period relative strength index (RSI) is … Continued