Chart

Morning Matters Update

There will be no Madison Letter and Market Crash Indicators today due to vacation. Both will appear on Monday. We remain with our new long position in … [Read More...]

fl

Foot Locker (FL)

Foot Locker (FL) beat estimates by $0.09 with earnings of $0.63 versus estimates of $0.54. The stock has just broken out to a new 52 week high. … [Read More...]

Chart

The Speech

Today is all about Federal Reserve Chairman Janet Yellen and what she will or will not say when she speaks at the Jackson Hole Conference. Personally, … [Read More...]

1

Retracements & Other Considerations

We have been highlighting the retracements in the Russell 2000 and IWM since the July high. The Russell 2000 is still below its March high meanwhile … [Read More...]

cmg scorecard

Lowe’s (LOW)

Lowe's (LOW) has had a big run to the upside. The company beat estimates by $0.01. However, its price target is less than $1 away from yesterday's … [Read More...]

Chart

Merger Activity Up Mid Week

Mergers and acquisitions are fast and furious. This morning Bloomberg has a story that Infineon is looking to acquire a U.S. semiconductor company and … [Read More...]

Chart

Portfolio Update

The S&P 500 rebounded higher since our last update. The Nasdaq Composite rose for a third week in a row. The portfolio is now 84% invested long, … [Read More...]

Scorecard

Lazy Boy (LZB)

Lazy Boy (LZB) will report earnings after the close. Estimates are $0.21 versus $0.18. There is some nice upside to this name as it begins to recover … [Read More...]

Oil Rigs

West Texas Intermediate (WTI) Finds Support While Brent Crude Continues to Fall

The price of West Texas Intermediate (WTI) the crude used by U.S. refiners to produce gasoline hits support while Brent Crude which is used in Europe … [Read More...]

urbn

Urban Outfitters: URBN)

Urban Outfitters (URBN) will report earnings after the close. Estimates are $0.49 versus $0.51. There is some nice upside to our price target but we … [Read More...]

Chart

Merger Monday

First there was a bidding war for Hillshire Brands between Tyson and Pilgrim's Pride. Now we have a bidding war this morning for Family Dollar (FDO). … [Read More...]

Chart

The Week Ahead

1.Geopolitical and Fiscal Events. Congress is on recess for the next four weeks and markets should like this vacation from the political nonsense. … [Read More...]

Breaking News

Futures Higher

In After Hours Trading No IPOs on deck today. Secondaries on deck today CLRB NEO. IPO Financial provides our capital raise data. In After Hours … [Read More...]

madison market timiing

The Madison Letter: Current Update

We began to offer a buy and sell strategy via our Madison Market Timing Indicator at the beginning of April of 2007. There are now 23 open and closed … [Read More...]

Chart

Markets Await Fair Amount of Economic Data

Markets are higher but are awaiting Consumer Confidence at 9:55 a.m. EDT and at 8:30 we get PPI and 9:15 Industrial Production. Today is also August … [Read More...]

jcp

J.C. Penny (JCP)

J.C. Penny (JCP) rose in after hours on better than expected earnings. The beat was $0.20. There is still nice upside with respect to our price … [Read More...]

oix daily

Options Activity

Index ETF Options Volume We are going to highlight unusual options activity as well going forward. The third column from the left will highlight … [Read More...]

Chart Futures Lower

German Economy Shrinks

Europe is suffering as Germany, which is the leading economy, contracted with its latest GDP report. Germany Struggles   … [Read More...]

wmt

Walmart (WMT)

Walmart (WMT) reported earnings today and beat estimates. The stock is at a decent discount to its price target.   … [Read More...]

chart

Weekly Charts

Each week we highlight charts below of the SP500, Russell 2000, NASDAQ Composite, UUP, EEM, TLT, HYG and LQD. The charts use the 50 day moving average … [Read More...]

Breaking News

Futures Higher

In After Hours Trading IPOs on deck today C1 Financial. Secondaries on deck today CLRB REXR RICE ZOES. IPO Financial provides our capital raise … [Read More...]

oix daily

Options Activity

Index ETF Options Volume  We are going to highlight unusual options activity as well going forward. The third column from the left will highlight … [Read More...]