Gerring Capital Partners makes no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made. There is no guarantee that the goals of the strategies discussed by Gerring Capital Partners will be met. Editor’s Note: This article covers a stock trading at less than $1 per share and/or has less than a $100 million market cap. Please be aware of the risks associated with these stocks. Source: The Four Horsemen Of The Stock Market Apocalypse Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Stock Market Update from Briefing.com
The SPX has fallen, but it has descended to a level where there is ample technical support, such as the 50 day moving average at about the 1128 level. (click to enlarge) The advance-decline line remains in an uptrend, though it did violate a support level. (click to enlarge) Other breadth measures remain constructive. I constructed an equal weighted composite of the relative performance of the Russell 2000, the SP 600 and the equal weighted SP 500 against the SP 500 as a broad measure of the small cap vs.
Apr crude oil, on good stocks to buy today the other hand, rose alongside the equities market. It lifted from its session low of $98.16 per barrel set in early morning floor trade and trended higher for the remainder of the session. It settled 1.7% higher at $99.69 per barrel, just below its session high of $99.78 per barrel. 3:05 pm: [BRIEFING.COM] The S&P 500 trades higher by 0.7% with one hour remaining in the session. Following today’s closing bell, investors will receive just a handful of quarterly reports with Adobe (ADBE 68.75, +0.58) and Oracle (ORCL 38.77, +0.55) headlining the list.
The stock market connect
More often than not, stock markets are influenced by what economists call aggregate (which means total) money supply. If theres a lot of spare cash that investors have lying around, or if banks are willing to lend money at very low interest rates, then some of this extra cash may be invested in the stock market. Instead of using this money in ordering more machines for Company X or making it switch to producing pen drives instead of floppy disks, investors may decide to buy shares in Company X. This demand for its shares will push up its share price.