Cree (CREE) makes LED lighting and other energy-efficient products. It is a volatile stock in an sector that appears to be growing exponential. There are few companies that compete and one other that stands out: Veco Instruments (VECO).
According to IBD, below are a few key drivers that may provide direction...
Earlier this week, we had Tom McClellan on the TDI Podcast and we discussed a few of his timing models and what they were predicting. One that we like to watch to get a good idea of the sentiment within the markets and to consider potential oversold and overbought conditions...
Some of the more interesting and important items for May 20th :
South Korea Demands ‘Stern’ Reply to North’s Attack – The world is just soooo nuts.. ( polite comment)
Jobless claims rise by largest amount in 3 months (AP) – This is the way to corporate profitability….
British Airways Cabin...
David Rosenberg has really never really seen a rosy outlook for equities. Sure, he called a great deal of the turmoil that hit the world markets over the past few years, but was never able to see that there was some underlying economic recovery in the U.S.
Now he continues with...
Guest: Tom McClellan on important markets and indicators. Tom is looking at an interesting convergence of a few important moving averages and sees a “rainbow convergence” in some of his predictions. We also take the opportunity to discuss the outlook for European markets and how this could play out. Kevin...
