Look at the Google Trends for "oil" in the headlines:
Kind of makes you feel like it's not important anymore. Or is it that $3.74 gallon gasoline feels cheap and its mention doesn't sell newspapers?
Coming down from $4.00 plus to a relatively cheap $3.74 means that prices are no longer news worthy. Well, sort of. The pressure on our wallets has eased with last month's downward price movement, but we still aren't seeing the bargain-basement prices that we had a year ago of $2.70 per gallon. Thinking of such a price break almost feels selfish when we so easily remember shelling ...
Staggering numbers from Jonathan Yarmis' interview on TechTicker today: PC market 200M units shipped per year sales growth of 9-11% year-over-year Now compare that to: Mobile market 1.6B units shipped last year sales growth of 20% year-over-year average device life-cycle of 21 months which means the device install base is completely cycled every 2 years The strong growth hasn't translated into bottom line profits for mobile incumbents. In fact, most mobile manufacturers have been hammered (see NOK ...
FeedTheBull and I have both liked $V for it's recent strength. The technicals may indicate further near-term upside. 100-Day with 1-Day bars The trend is clearly higher. Current prices rest on the trend line for potential near-term support. The 20-day moving average is approaching a crossover of the 50-day moving average. Volume remains consistent. The price action is consolidating around $82. I'd argue a clear breakout above the $84 level would be a very bullish sign here. 10-Day with 60-Minute bars There is a retracement to the 50% levels. The pricing is ...