Tweet Moneygram International Inc. (MGI) stock is currently trading at $17.37 per share (+0.93%). The stock has a market capitalization of $938.765 million with an inflated price/earnings ratio of 39.48. The stock’s earnings per share is $0.44. Unfortunately, projections for MGI are bearish with a 1-year target estimate price of $11.89. The stock has traded […]

Tweet The US Dollar actually looks extremely attractive from the long side. Not at this exact moment….but after a pullback….and only if the pullback is orderly. Those two things have to occur before I’ll consider investing in this vehicle, however there are a lot of good things going on with this chart that suggests the […]

03
Jun

Tweet clipped from www.financialsense.com CATALYST It is readily apparent that present day markets have built across-market dynamic hedging machinery with a hair trigger. ?This trigger is designed to launch unimaginable trading volumes in less than 250 microseconds, across global exchanges, operating under different & still uncoordinated rules. The activation could be any number of events […]

Tweet Short term gold appears to be overdone by the bearish wedge pattern. Technically it’s been acting like a dream with the way the RSI continues to set higher highs and lower lows but I just can’t see initiating new positions at these levels. Gold was up almost 2.5% on Friday but most gold miners […]