Stock Market Gains for 2018 Vanish

Stock Market Gains for 2018 Vanish

Posted by Halifax America Source: Marketwatch “U.S. stocks fell sharply at the start of trade Tuesday, extending a pre-Thanksgiving rout that has been fueled mostly by a selling in shares of technology and internet-related companies. Sharp declines in Target and...
$9 Trillion Corporate Debt Bubbling in the Economy

$9 Trillion Corporate Debt Bubbling in the Economy

Posted by Halifax America Source: CNBC   At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors.   On Wall Street,...
Nothing Is Working!

Nothing Is Working!

Posted by Halifax America Source: Zerohedge   Usually the excuse “nothing is working” is used by finance professionals when begging clients not to pull their money, desperate to explain woeful performance and when there are no other explanations left....
Happy Thanksgiving from Halifax America!

Happy Thanksgiving from Halifax America!

On behalf of everyone here at Halifax America, we wish you all a Happy Thanksgiving!   “Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.”– Oprah Winfrey   “Do not indulge...
UPDATE on 5 Cybersecurity Stocks – Swing Trade Levels (Part 1)

UPDATE on 5 Cybersecurity Stocks – Swing Trade Levels (Part 1)

Stocks: PANW, ZS, OKTA, QLYS, FTNT   On November 6, I posted a few swing trade levels for 5 cybersecurity stocks. The format was left pretty bare, as I felt there was nothing any “narrative” could have added that the technical levels themselves wouldn’t already...
Crypto Crash Impacts Large Financial Firms as SBI Shares Decline

Crypto Crash Impacts Large Financial Firms as SBI Shares Decline

Posted by Halifax America Authored by Editors at CCN   On November 15, the crypto market experienced a wipeout of more than $27 billion, as its valuation dropped from $210 billion to $183 billion.   As CCN reported, the intensity of the drop reached to a...