Scott’s Investments submits:
In this video Adam Hewison shows a candlestick pattern known as a bearish engulfing line and how it may spell some further negative action for equity markets. Keep in mind this video was produced before the huge decline on Tuesday, so it was certainly a timely production.  [ Read More ]

Retail Geeks submits:

Darden (DRI) has become the only retailer that we’re aware of that has made reverse adjustments to its historical gift card breakage calculations. There was an undisclosed amount in Q3 (February 2010) that cost the company ($0.04) and $12.7 million adjustment in Q4 (May 2010) that cost the company ($0.05).
The  [ Read More ]

Brian Kelly submits:

Over the last 18 months fortunes and reputations were built by betting the U.S. government would stand behind the financial system. For its part, the Federal Reserve engineered one of the steepest yield curves on record allowing even the most inept banker to lend long  [ Read More ]

David White submits:

Below are some of the recent negative economic data worldwide:
1. The Conference Board cut its April figure for China’s leading economic indicators from 1.7% to just 0.3%. This mistake was due to a calculation error. This is a huge drop from the March value of 1.2%.

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Dan Plettner submits:
As evidenced by my last article, I was neither surprised by the massive dividend cuts at Total Dynamic Dividend Fund (AOD) and Alpine Global Dynamic Dividend Fund (AGD), nor surprised by the relative strength in Alpine Global Premier Properties Fund (AWP) in Friday’s aftermath. Goals of research include the most thoroughly constructed expectations  [ Read More ]