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Weekly Economic & Political Timeline 5/17/2015

Weekly Economic & Political Timeline 5/17/2015

This week should be more news-driven than last week, with key central banks releases on the USD, JPY and AUD. The USD will of course dominate as it is central to the Forex market, which is usual, but right now focus on the USD is very dominant and Wednesday could have a key impact on […]
How Japan Became The Benchmark For America’s Fraudulent “Jobs Recovery”

How Japan Became The Benchmark For America’s Fraudulent “Jobs Recovery”

It was one month ago when we showed how, thanks to a lot of statistical sleight of hand, Japan had completely “revised” one year of increasing nominal base wages to declining or flat at best, confirming that all the much-touted wage “improvements” heading into the Japanese election of late 2014 in which Abe was reelected by a […]
Inside 5 IShares ETFs Targeting The Globe

Inside 5 IShares ETFs Targeting The Globe

iShares is easily the biggest ETF sponsor globally, but other issuers are also holding their heads high now. Most sponsors are tapping lucrative areas as the market for plain vanilla ETFs looks to be maturing, compelling issuers to come up with novel themes. Most ETF launches are now based on the smart-beta theme (read: 2 New […]
Should Micron Technology, Inc. Investors Worry About DRAM Demand?

Should Micron Technology, Inc. Investors Worry About DRAM Demand?

By Sarah Roden Analysts have differing views regarding how Micron Technology, Inc. (NASDAQ: MU) will be impacted by the decline of personal computing. Jefferies analyst Sundeep Bajikar noted that the PC market represents 30% of Micron’s DRAM memory chip business. However, this means that the remaining 70% of Micron’s DRAM business remains in good form. Concerns about a […]
What Will Drive The Dollar In The Week Ahead?

What Will Drive The Dollar In The Week Ahead?

    The dollar bullish divergence story appears to have hit a wall.  With US Q1 GDP likely to have contracted by around 1% at an annualized rate in Q1 and Q2 off to a weak start, whispers of a recession can be heard not only in the blogosphere but in the halls of the House […]
11 Things Successful Traders Will Never Say

11 Things Successful Traders Will Never Say

1. “I never take a loss”. Losses are an inevitable part of trading. Successful traders know that sooner or later a runaway loss would wipe out their account, even if hanging on for a recovery might pay off in the short term. In Forex trading, everyone loses sometimes – it’s the ability to win more […]
What Goldman Is Telling Its Clients: Sell In May, And Don’t Come Back For One Year

What Goldman Is Telling Its Clients: Sell In May, And Don’t Come Back For One Year

While Goldman gives the following explicit warning in all of its public research pieces: “Our asset management area, our proprietary trading desks and investing businesses may make investment decisions that are inconsistent with the recommendations or views expressed in this research”, the reality is that in recent months Goldman’s chief equity strategist David Kostin has […]
Chopped Into Another Marginal All-Time High

Chopped Into Another Marginal All-Time High

T2108 Status: 53.0%T2107 Status: 54.1%VIX Status: 12.4General (Short-term) Trading Call: Neutral.Active T2108 periods: Day #144 over 20%, Day #103 above 30%, Day #47 above 40%, Day #2 over 50% (overperiod), Day #13 under 60%, Day #213 under 70% Reference Charts (click for view of last 6 months from Stockcharts.com):S&P 500 or (SPY)SDS (ProShares UltraShort S&P500)U.S. Dollar Index (volatility index)EEM (iShares […]
Is A 50% Hedged ETF A Good Idea?

Is A 50% Hedged ETF A Good Idea?

U.S. dollar strength is on a roller-coaster ride this year with the currency strengthening massively in the early part of the year on rising rate speculations in the U.S. but falling against a basket of key global currencies since April 2015. Market participants were earlier strongly wagering on the faster-than-expected rise in Fed rates  that […]
Athens Could Default On June 5

Athens Could Default On June 5

The financial situation in Athens remains in limbo. After another week of no progress between the Alexis Tsipras government and its creditors, the International Monetary Fund is showing signs of impatience and is threatening to pull out of any new bailout compromise. Last week, Greece withdrew its SDR reserves in order to make a large […]