Monthly Archives: April 2016

Today’s Trading Plan: Playing Bulls For Fools

Technical Outlook: One of the most volatile quarters ever ended on a quiet note yesterday pulling back ever so slightly.  Today’s morning weakness is looking at a respectable gap down. These gaps downs how been difficult for the bears to do anything with, often times leading to eventual, same-day, market rallies.  Last April had a fairly significant…

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Greetings, We begin with China where the latest reports suggest that the nation’s economic growth may have bottomed for now. 1. China’s official manufacturing PMI beat consensus, showing slight growth (PMI > 50). 2. The China Caixin Manufacturing PMI also beat expectations. Here is a quote from Caixin on the latest results.  Source: Markit/Caixin  3. China’s…

U.S. Private Payrolls Rise At Strongest Annual Pace In 5 Months

Private payrolls in the US increased 195,000 in March (seasonally adjusted), a moderately lower gain vs. February’s 236,000 advance, according to this morning’s update from the Labor Department. But the year-over-year trend improved, pointing to sustainable and healthy growth for the labor market in the near term. The annual pace for payrolls at US companies ticked up…

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TM Editors’ Note: This article discusses a penny stock/microcap. Such stocks are easily manipulated; do your own careful due diligence. On Thursday RXi Pharmaceuticals (RXII) announced that it had received a patent from the United States Patent and Trademark Office — USPTO — for a patent that covers RXi’s technology sd-rxRNA along with Connective Tissue…