The Federal Reserve Bank raised interest rates by 250 basis points last week. In percentage terms, that calculates to a .25% raise in the rate. Basis points terminology is widely used when talking about changes of less than one percent. As a result, this terminology is often used when discussing interest rate fluctuations. I prefer […]
Stock articles, charts and technical analysis updates for Financial Select Sector SPDR ETF, ticker symbol XLF.
Well, that really stunk. A new battery that was on backorder for my Apple laptop came in during the week and I had to turn in my laptop for a couple of days to have them install the new battery. The out-of-stock battery was not supposed to be here until April due to supply constraints; […]
A Trendy Stock Charts member requested last week that I take another look at some bank stocks. The member also requested that I pick my favorite bank stock of the group. At first, I was not aware of the monumental task I created for myself. I figured that the pool of bank stocks for my […]
This quick hits update will cover a wide swath of companies. AAPL, CAT, DIS, FB, GOOGL, MGNX, SAVE, SIRI, TSRO, TSLA, X & XLF Consider this an overall check-up on the market. The sentiment of the majority of these charts just may provide some insight as what to expect over the next several weeks to […]