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Major Signals Suggest New Gold Bull Market Coming Soon?

Major Signals Suggest New Gold Bull Market Coming Soon?

Written by Austrolib Assuming the fundamental argument of the gold bulls is correct and that: a rising dollar supply means rising price inflation, a rising price inflation means a rising gold price (and over the last century that is certainly the case) the question is did we just see a major trend change? What follows are […]
Staying Cautious On Corvus Pharma IPO

Staying Cautious On Corvus Pharma IPO

Corvus Pharmaceuticals Inc. (NASDAQ:CRVS) expects to raise $67.8 million in its upcoming IPO. Based in Burlingame, California, Corvus Pharmaceuticals is a clinical stage biopharmaceutical company focused on the development and marketing of immune-based cancer treatments. We previewed CRVS on our IPO Insights platform. CRVS will offer 4.7 million shares at an expected price range of $15 to $17. […]
The CAC 40 Fails To Find Direction

The CAC 40 Fails To Find Direction

The CAC 40 is trading up .23% this morning, as the Index looks poised to consolidate for the ninth consecutive day. For the session, LafarageHocim is leading the Index trading up 2.41%. Conversely, Unibal has the biggest decline for Wednesday trading down -1.82%. Technical traders should note that the CAC 40 is still trading inside […]
S&P 500 And Nasdaq 100 Forecast – March 23, 2016

S&P 500 And Nasdaq 100 Forecast – March 23, 2016

S&P 500 The S&P 500 fell initially during the course of the day on Tuesday, testing the 2040 level for support. We found it there though, and therefore ended up turning back around and formed a hammer. Obviously, I feel that this is a very bullish sign and as a result if we can break […]
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                        Taking Profits On Our Short Russell 2000 Put Spread

E Taking Profits On Our Short Russell 2000 Put Spread

I am going to use the Brussels terrorist attack to take a quickie profit on our position in the Russell 2000 iShares ETF (IWM) April, 2016 $112-$117 in-the-money vertical bear put spread. Profits have been few and far between lately, and a 7.26% profit in 11 trading days is not bad. At $4.77 we are […]
Two Down – Two To Go

Two Down – Two To Go

The Federal Reserve’s years-long campaign to sheepishly back away from its own policy forecasts continued in earnest last week when it officially reduced the four expected 2016 quarter point hikes, suggested back in December, to just two. Given the deteriorating economic outlook, I believe there can be little doubt that the Fed will soon complete the capitulation […]
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                        Amidst ‘Alice In Wonderland’ Optimism

E Amidst ‘Alice In Wonderland’ Optimism

Amidst ‘Alice in Wonderland’ optimism – flowing forth to justify the expiration and post-FOMC rally of the past week, was an absence not only of anything that approaches realistic assessments of economic prospects, but a few things too. Among those: a sort of benign complacency towards extended market levels; an absence of all kinds of […]
New Home Sales At 512K – Better Than Expected

New Home Sales At 512K – Better Than Expected

Slightly better than expected new home sales: they rise 2% to 512K in February, better than 510K expected. In addition, there is a small upwards revision from 494K to 502K for the month of January, easing the shortfall seen at the time. The US dollar is slightly stronger in the aftermath of the publication, but nothing […]
3 Strong Buy Goldman Sachs Mutual Funds

3 Strong Buy Goldman Sachs Mutual Funds

With more than $1 trillion assets under management, Goldman Sachs Asset Management (GSAM) prides itself in having more than 2,000 professionals across 33 offices worldwide, since its inception in 1869. GSAM offers financial services including investment and advisory solutions along with risk management expertise to institutional and individual investors throughout the globe. With its global […]
February 2016 New Home Sales Improve?

February 2016 New Home Sales Improve?

Written by John Lounsbury and Steven Hansen The headlines say new home sales improved from last month – and is in contraction year-over-year. The rolling averages smooth out much of the uneven data produced in this series – and this month there was a significant decline in the rolling averages. This data series is suffering from methodology issues. Econintersect analysis: […]