America: a patchwork of potato chip varieties

You say potato, I say pot-ah-toe ... chip. And that's just the start of it.

Though thin and flat may be the national standard _ and bestselling variety _ of this ubiquitous snack, regional and sometimes hyper-local preferences for different calibers of crunch, thickness, seasonings and endless other elements have created a surprisingly diverse culinary patchwork of chip styles around the country.

That's right _ the chips you nosh in the Northeast could be wildly different than those savored in the South. Continue reading "America: a patchwork of potato chip varieties"

Treasuries Close Modestly Lower Following Disappointing Auction

(RTTNews) - Treasuries saw modest weakness during trading on Wednesday, extending yesterday's drop on the heels of a disappointing ten-year note auction.

Bond prices showed a lack of direction for much of the day, sliding a little more firmly into the red following the release of the auction results. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged up by 1.2 basis points to 1.64 percent. Continue reading "Treasuries Close Modestly Lower Following Disappointing Auction"

Daily Video Update: Are you getting a little uneasy about the markets?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 8th of August.

Call it a gut feeling, an intuition, or whatever, but I'm getting a little uneasy with the equity markets, and here's the reason why: Our Trade Triangles are sending out mixed signals and have been for sometime. The market has been unable to push into a +100 Score, and so far has failed to move into a -100 reading. Only our long-term Monthly Trade Triangle has consistently stayed on the negative side of the markets, despite the recent short-term rally.

Long-term indicators are important, as they tend to be correct more often than not and the markets have other major problems that are being swept under the rug at the moment. Europe is still a disaster, cities in America are going bankrupt, and huge amounts of debt have not even been addressed by either political party.

With all this as a back drop, tread carefully in the markets. We are not out of the woods yet and we may still have another reason to yell "TIMBER".

3 Monthly Trade Triangle Alerts today:
Bristol Myers-Squibb (BMY), XL Group (XL), and Lamar Advertising (LAMR)

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

Stocks Turn Higher After Seeing Early Weakness

(RTTNews) - After moving lower at the start of trading, stocks have moved back to the upside over the course of the trading day on Wednesday. Buying interest has remained subdued, however, leading to a relatively lackluster performance.

The major averages have climbed into positive territory and are currently posting modest gains. The Dow is up 23.04 points or 0.2 percent at 13,191.64, the Nasdaq is up 2.52 points or 0.1 percent at 3,018.38 and the S&P 500 is up 1.93 points or 0.1 percent at 1,403.28. Continue reading "Stocks Turn Higher After Seeing Early Weakness"

Are High Frequency Traders Rigging the Stock Market?

By Doug Hornig, Casey Research

High-frequency traders (HFT) have no interest in any company whose stock they're trading.

They don't care about its earnings, what sector it's in, nor who's on the board of directors.

They neither know nor care how it fares in technical analysis, and they don't give a damn about its long-term prospects.

Likely as not, they don't even know its name. Continue reading "Are High Frequency Traders Rigging the Stock Market?"