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U.S. Business Cycle Risk Report – 20 May 2015

U.S. Business Cycle Risk Report – 20 May 2015

U.S. economic growth has slowed in recent months, but the deceleration to date remains well short of a tipping point for the business cycle, based on a broad set of published reports through April. There’s heightened concern that the economy will remain unusually vulnerable if the weakness persists in the second-quarter. As a result, the […]
Divergent Impulses Spur Dollar’s Comeback

Divergent Impulses Spur Dollar’s Comeback

    The U.S. dollar extended its recent gains against the major currencies. The euro returned to its break out level near $1.1060 after approaching $1.15 at the end of last week.  In three sessions it has surrendered more than 38% of its bounce off the low set in mid-March.  The 50% retracement comes in just […]
Charts To Trade: HDP, ISRG, FTNT, BOX, WIX

Charts To Trade: HDP, ISRG, FTNT, BOX, WIX

This is a quick post on five charts that caught my eye on Tuesday, May 19th. All charts annotated at and downloaded from FreeStockCharts.com. Hortonworks, Inc. (HDP) has struggled to make a good post-IPO impression. The first earnings report underwhelmed and led to a fresh all-time low. The last earnings report was initially well-received and then […]
Japan GDP Surprise Lifts Nikkei

Japan GDP Surprise Lifts Nikkei

The release of Japan’s GDP data Wednesday gave an encouraging sign for the health of the Japanese economy. The country’s growth domestic product (GDP) expanded an annualized 2.4 percent compared with the previous quarter, passing the 1.5 percent print expected by most economic analysts. In the October-December quarter, the economy expanded 1.5 percent during the […]
May 20th – Trading Signals

May 20th – Trading Signals

With the Federal Reserve releasing its minutes from the last meeting during the session today, as well as the Bank of England, it’s likely that we will see a lot of volatility based upon perception. However, it’s very difficult to quantify how the market might react. Because of this, we will have to play technical […]
Liquidity Is A Cloud Bringing A Flood Of Fiat Money

Liquidity Is A Cloud Bringing A Flood Of Fiat Money

USAWatchdog interviewed Hugo Salinas Price, a well-known and highly successful businessman operating in Mexico. Born in the United States, Price is now a passionate advocate for sound money and has been pushing for the Mexican government to adopt monetary silver again. Unfortunately, he sees far too much political pressure against sound money, particularly from the […]
NYSE Adds Bitcoin Index, Paypal Fined $25 Million & More

NYSE Adds Bitcoin Index, Paypal Fined $25 Million & More

NYSE adds Bitcoin Index The New York Stock Exchange is launching a new Bitcoin index (NYXBT). It will track the dollar value of one bitcoin based on how the currency trades at select exchanges. “Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing […]
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                        Hockey Pucks, Finding Funds, And BnB

E Hockey Pucks, Finding Funds, And BnB

Morningstar, which 20-odd years ago ended its useful coverage of individual foreign stocks from Japan, is now going global again, with a “travel kit for global investors”. Then I went to Chicago to plead with Morningstar to reconsider. Now it has thought better of hiding behind our borders and is telling Americans their stick-to-home portfolios […]
EUR/USD Forex Signal For May 20, 2015

EUR/USD Forex Signal For May 20, 2015

EUR/USD Signal Update Yesterday’s signals expired without being triggered. Today’s EUR/USD Signals Risk 0.75% Trades must be entered only before 5pm London time today. Short Trade 1 Go short following a bearish price action reversal on the H1 time frame immediately upon the next touch of 1.1200. Put the stop loss 1 pip above the local […]
The ECB Just Launched Bizarro QE Taper

The ECB Just Launched Bizarro QE Taper

Less than 48 hours after the official launch of the ECB’s celebrated PSPP Q€ initiative (or what we might call ‘Draghi’s descent into delirium’), we examined the program’s structure and noted that full implementation might prove challenging. Citi had already posited a scenario whereby the central bank may be forced to raise the issue cap on non-CAC […]