Really?! Brokers Trade Lower on Citi Call [View article]
Weekly, that's the inherent conflict in investment banking. The syndicate guys get realy pissed when the retail research guys issue a Sell on a company they're trying to do a deal with. I've been in the brokerage industry for 23 years, and it only took me a year to recognize the problem. That's why for the pasr 22 years, I've been using technicals ONLY!
Interesting comments. However, a look at most all of the commodity charts, like the one above, shows a bullish divergence in the MACD and RSI. While 100 may be a good test for a low, I don't see it in the near future chart-wise.
For an interesting intermediate-term look, overlay a SMI of 200 and 360. Watch for a break-out of the BB's, and a cross of the two SMI's gives a very clear picture.
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Take your Spam elsewhere.
Really?! Brokers Trade Lower on Citi Call [View article]
Really?! Brokers Trade Lower on Citi Call [View article]
A Crude Sign of the Times [View article]
For an interesting intermediate-term look, overlay a SMI of 200 and 360. Watch for a break-out of the BB's, and a cross of the two SMI's gives a very clear picture.