The Blues Triangle

Renowned blues-rock guitarist, singer/songwriter, and 2016 Rock and Roll Hall of Fame inductee Steve Miller returns to Rose Theater for a journey through the Blues Triangle. I am excited about this!   Steve Miller, Jimmie Vaughan & Charlie Musselwhite Having learned his first chords at age five from his godfather Les Paul, how to play… Read More The post The Blues Triangle appeared first on The Big Picture.

Sarah Catanzaro joins Amplify as principal

Menlo Park, California-based Amplify Partners has hired Sarah Catanzaro as a principal. Catanzaro was previously a data partner at Canvas Ventures, which she joined in mid-2016. Prior to joining the firm, she was head of data at Mattermark. She said she left Canvas after a year-and-a-half to focus more on her passions of machine intelligence and enterprise infrastructure, specialized sectors that are more in line with what Amplify focuses on. Leading Amplify as general partners are Sunil Dhaliwal and Mike Dauber. The firm raised $125 million for its second seed and early-stage fund in 2015. Source: Medium blog post Photo of Sarah Catanzaro, principal at Amplify Partners. Archive photo courtesy of Canvas Ventures.

Qualcomm: Broadcom Would Throw Licensing to the Wolves, Says Bernstein

Broadcom's Hock Tan intends to take Qualcomm's licensing business and "throw it to the wolves" if he gets his hands on the company, speculates Bernstein chip analyst Stacy Rasgon, trading rich royalty dollars for greater chip sales, based on his conversations with Broadcom and with investors. That could mean an ugly proxy fight is coming, he speculates.

Currencies Are At An Important Inflection Point

The Yen ($XJY), the Euro ($XEU) and the US Dollar ($USD) are all at important inflection points this week. Stay tuned as this could really decide the direction of Gold, Silver and other commodities this week.

Starting with the Yen, this is a critical one to watch, Gold tracks it quite closely. With this close tracking, a break to the upside in the Yen could lead to a big move in Gold. < p class"entry-more-link">Continue reading "Currencies Are At An Important Inflection Point" »

Commodities Countdown Video Recording 2017-11-17

The Commodities Countdown Video Recording With Greg Schnell 2017-11-17 is now available.

If you would like more commodity related stories, check out the entire Commodities Countdown blog. There are also some tips on scanning and breadth in October 2017. Commodities Countdown Video With Greg Schnell 2017-11-17 from StockCharts.com on Vimeo.
Good trading,
Greg Schnell, CMT, MFTA
Author of Stock Charts for Dummies (Pre-order now, available January 2018) Amazon.com
Author of Stock Charts for Dummies (Pre-order now, available January 2018) Amazon.ca

11/17 MarketWatchers LIVE Recap – Bookmark This! Erin’s Chart Pattern Samples

  Welcome to the recap of today's MarketWatchers LIVE show, your antidote for the CNBC/FBN lunchtime talking heads. Listen and watch a show devoted to technical analysis of the stock market with live market updates and symbols that are hot. You'll find the latest episode here. Information abounds in our Monday through Friday 12:00p - 1:30p shows, but the MWL Blog will give you a quick recap. Be sure and check out the MarketWatchers LIVE ChartList for many of today's charts.  Your comments, questions and suggestions are welcome. Our Twitter handle is @MktWatchersLIVE, email is marketwatchers@stockcharts.com and our Facebook page is up and running so "like" it at MarketWatchers LIVE. You'll also find archives of our shows on our Facebook page and YouTube channel. Don't forget to sign up for notifications at the end of this blog entry by filling in your email address.  < p class"entry-more-link">Continue reading Continue reading "11/17 MarketWatchers LIVE Recap – Bookmark This! Erin’s Chart Pattern Samples"

DP Weekly Wrap: Incongruous Sentiment

When I posted the NAAIM (National Association of Active Investment Managers) Exposure Index this week, I thought to myself, "What's wrong with this picture?". To clarify, rather than stay fully invested all the time, NAAIM members adjust their exposure based upon their assessment of market conditions, and exposure can be anywhere from +200% to -200%. Although, the Exposure Index has never been anywhere close to those extremes, it does, however, give a good reading of sentiment among this group of professionals.

< p class"entry-more-link">Continue reading "DP Weekly Wrap: Incongruous Sentiment" »

Succinct Summation of Week’s Events 11.17.17

Succinct Summations for the week ending November 17th, 2017 Positives: 1. U.S. stocks had their best day on Thursday since early September. 2. Industrial production rose 0.9% m/o/m, manufacturing rose 1.3%, both well above expectations. 3. Housing starts rose 13.7% to a 1.29 million annualized rate, above the 1.135 million expected. Permits came in at… Read More The post Succinct Summation of Week’s Events 11.17.17 appeared first on The Big Picture.

Tennessee’s Historically Low Unemployment Rate Isn’t All Good

Tennessee’s unemployment rate hit a record low in recent months, and the state clocked one of the nation’s largest unemployment rate declines in a year. But the state’s employment picture isn’t as bright as the number suggests. The state’s unemployment rate was 3% in October, a historic low for Tennessee and a decline of 2 percentage points in just 12 months, according to the Labor Department. But the recession pushed many Tennesseans out of the workforce, and the workforce participation rate has trended down since. Almost 65% of the state’s population were in the workforce a decade ago. In 2017, that number was less than 61%. In short, Tennessee’s unemployment rate has fallen, but largely because many people in the state stopped looking for work. “The opioid crisis and educational attainment: the best explanations for why our labor force participation is so low,” said Matthew Murray, a University of Tennessee-Knoxville economics Continue reading "Tennessee’s Historically Low Unemployment Rate Isn’t All Good"