Stochastics Indicator The stochastics indicator is in a group of technical trading tools considered oscillators, which travel back and forth (depending on price movement and speed of that movement) between overbought and oversold levels, and in some cases can indicate emerging trends. The term 'stochastic' is a mathematical construct, commonly used in the field of statistics. In the arena of...
A Strong October Employment Report Bolsters the Case for a Rate Hike The good news is, job-growth soared last month, and the unemployment rate fell to a multi-year low of 5%. The bad news is, job-growth soared last month, and the unemployment rate fell to a multi-year low of 5%. The data is double-edged in the sense that it's arguably...
Bitcoin Jumps Again, And This Time May Be A Little Bit Different Say what you want about its risks and arbitrary nature (and inherent structural/fiscal problems), but nobody can deny the value of Bitcoin — the popular cryptocurrency — has soared over the course of the past month, putting the digital currency back into the spotlight thanks to a resurgence of interest...
Tesla Motors (TSLA) Jumps on Production Outlook Despite Shaky Earnings Whether or not Tesla Motors (TSLA) missed or beat earnings estimates last quarter depends on which set of analyst estimates you use; the company topped some aggregate estimates, but fell short of others. Either way, investors loved the outlook Tesla Motors offered for the current quarter, sending TSLA shares up...
Moving Average Convergence Divergence (MACD) The moving average convergence divergence (MACD) indicator is considered by some traders to be the ideal trend-spotting tool. As the name suggests, the moving average convergence divergence tool is a comparison of the relationship between two moving average lines of a stock, index, or other trading instrument. Specifically, the first line of the two-line indicator...
Average Directional Index (ADX) The average directional index (ADX) indicator measures the strength of a trend, whether that trend is bearish or bullish. The ADX indicator is often used in conjunction with the Directional Movement Index (DMI) lines. In fact, the ADX line is derived from the relationship of the two DMI lines (+DMI and -DMI), and is plotted on...
Baidu (BIDU) Shares Jump on Impressive Earnings Beat Baidu (BIDU), the so-called Google of China, released third quarter earnings late Thursday that pleasantly surprised the market, sending BIDU shares firmly higher for Friday's trading session. Per-share profits actually fell on a year-over-year basis, but the bottom line of $1.43 per share was better than the $1.24 per share of BIDU analysts...
PayPal (PYPL) Stumbles in Its Inaugural Quarter While not disastrous, third-quarter results from digital-payment processor PayPal (PYPL) were certainly lackluster given the amount of hype surrounding the company before and after it was spun off from online-auction giant eBay (EBAY) just a few weeks ago. Last quarter, PayPal booked an operating profit of $377 million, or 31 cents per share,...
Amgen (AMGN) Tops Q3 Estimates on Strong Enbrel Sales Biotech (IBB) (XBI) (FBT) (XLV) company Amgen (AMGN) was expected to do well in the third quarter of 2015, but it significantly exceeded expectations thanks to strong sales of its arthritis drug Enbrel. All told, Amgen earned $2.72 per share on $5.7 billion in sales versus analyst expectations for a profit of...
Ford (F) Barely Misses Earnings Estimates, Stock Pays a Sizeable Price Ford Motor Company (F) more than doubled its third-quarter earnings on a year-over-year basis, though it still fell short of expectations, sending F shares down more than 3% on Tuesday morning. It was a close one, to be fair. The per-share profit of 45 cents barely missed the 46...
