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Cautious Optimism

Cautious Optimism

Last week I pointed out several signs from the Twitter stream that indicated the market should break higher. Most of those signs are still in place, but the current optimism is a bit tempered. On Friday the daily print for Twitter momentum (or sentiment) for the S&P 500 Index (SPX) was a very strong +31. This […]
EC
                        
                        Recession Check: Updating The Indicators

EC Recession Check: Updating The Indicators

In December of 2007, I wrote in my weekly newsletter that we were “…either in, or about to be in, the worst recession since the ‘Great Depression.'” At that time, the warning rang hollow as GDP growth was positive, and the markets were still marching higher as the calendar turned to 2008. It was a year […]
NAHB Housing Market Index: Confidence Falls Two Points In May

NAHB Housing Market Index: Confidence Falls Two Points In May

The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook. The latest […]
Keurig Green Mountain: No Longer The Netflix Of Coffee

Keurig Green Mountain: No Longer The Netflix Of Coffee

Up until November of last year, Keurig Green Mountain was the Netflix of coffee companies. Their stock did nothing but go up, rising something like 60-fold based on mo-mo madness. I have been enthusiastically touting this as a short candidate, and it is unwinding quite nicely. I think it’s got plenty to go, particularly given […]
Gold Miners Ratio Working On Bullish Breakout

Gold Miners Ratio Working On Bullish Breakout

CLICK ON CHART TO ENLARGE When it comes to buy and holding senior gold mining stocks (GDX), they have been a place to avoid for the past few years. The same is even more true of Junior Mining stocks (GDXJ), as its performance has even been worse over the past few years. The chart above looks […]
Bond Bubble Will Explode Violently

Bond Bubble Will Explode Violently

Central banks are incapable of saving economies or creating growth. The only thing a central bank can do is create inflation. These market manipulators set forth on a journey seven years ago to save the world by engaging in massive monetary manipulation, euphemistically called Quantitative Easing (QE), and a Zero interest rate policy known as […]
Fewer Hires Means Fewer Fires

Fewer Hires Means Fewer Fires

Peter Schiff digs under the surface of the latest economic data. As usual, Wall Street locked onto the headline number last week, which showed the lowest weekly jobless claims in 42 years. Peter asks the question no one else will — is this really the strongest economy America has seen in four decades? Highlights from […]
Is The Smart Money Running For Cover?

Is The Smart Money Running For Cover?

Will Greece Be The Bearish Straw? The debt clock continues to tick in Greece, which is something the stock market bulls need to respect. From CNBC: “What is coming into focus is an alternative approach. Instead of forcing Greece into a Grexit (a Greek exit of the euro zone), they will simply force Greece into a […]
May 18th – Market Analysis & Trading Opportunities

May 18th – Market Analysis & Trading Opportunities

1 – The S&P 500 looks as if it is trying to break out on Friday, and as a result we believe that this is essentially a market that you can only continue to buy calls in, and that we will eventually go much higher. We have not only fire off several short-term call buying signal, but […]
Bear Of The Day: Tronox

Bear Of The Day: Tronox

Tronox Inc. (TROX – Snapshot Report) recently reported Q1 15 results, and posted a big miss on both the top and bottom lines. The earnings and revenue miss was due to a large drop in titanium dioxide pricing coupled with a decline in overall volumes. Further, challenging global market conditions are not expected to improve in the […]