Archives by Month:

Archives by Year:

ETF Rodeo Roundup Continues

ETF Rodeo Roundup Continues

Continuing on with some interesting ETFs this weekend: below is China Large Cap, which tracks the FTSE China 50 index. It’s got a terrific head and shoulders pattern. The Transports is somewhat sloppier – in fact, it’s one of the worst of the ten I’m highlighting this weekend – but I’ve made note of what […]
Saudi Arabia’s FX Reserves Drop To Four-Year Low Amid Oil Price Collapse

Saudi Arabia’s FX Reserves Drop To Four-Year Low Amid Oil Price Collapse

By Rupert Hargreaves  Saudi Arabia’s FX reserves dropped for the 13th consecutive month during February as below oil prices continue to weigh on the Kingdom’s finances. That’s according to a flash research note on the Kingdom’s financial position from HSBC. The country’s FX reserves stood at $593 billion in February, a month-on-month drop of $9.4 billion. […]
Stocks End Week Higher After Fed Chair Yellen Strikes Dovish Tone

Stocks End Week Higher After Fed Chair Yellen Strikes Dovish Tone

Stocks ended the week higher after Federal Reserve Chair Janet Yellen emphasized that rate hikes by the central bank will be gradual, spurring the market-implied odds of a rate hike at the April FOMC meeting to drop to zero. MACRO NEWS: Speaking at the Economic Club of New York on Tuesday, Federal Reserve Chair Janet […]
Four Stocks That Gained Over 40% In Q1 And Are Still Strong Buys

Four Stocks That Gained Over 40% In Q1 And Are Still Strong Buys

“Markets can remain irrational longer than you can remain solvent.” – John Maynard Keynes With the major stock market indices either ending in the red or merely edging into the green territory – in terms of their year-to-date performance – investors remain highly skeptical about where to invest for better returns. Indeed, the first quarter […]
Binary Options Assets In Focus – April 3rd, 2016

Binary Options Assets In Focus – April 3rd, 2016

  With the European PPI numbers coming out on Monday and taking the headlines, the reality is that it should be a fairly calm session as we got the US jobs numbers on Friday. However, there are a couple of assets that we are paying attention to. Gold approaching support? Gold markets fell last Monday […]
100 CEOs Have More Saved Up For Retirement Than 41% Of U.S. Families Combined

100 CEOs Have More Saved Up For Retirement Than 41% Of U.S. Families Combined

Retirement Insecurity – A Tale Of Two Retirements – CEOs And The Rest Of Us Changing the rules that allow platinum pensions for CEOs and increase retirement insecurity for the rest of us Co-published by the Center for Effective Government and the Institute for Policy Studies Authors Sarah Anderson directs the Global Economy Project at […]
“Production Freeze” Narrative Collapses In Two Days: Russian Oil Output Hits New Post-Soviet Record

“Production Freeze” Narrative Collapses In Two Days: Russian Oil Output Hits New Post-Soviet Record

How quickly the oil production freeze narrative has fallen apart. Source: stockboardasset Indeed, it’s been a tough two days for oil bulls holding on to hope that excess oil production will normalize in the near term and that the world’s oil suppliers would somehow manage to curb oil production in the aftermath of the OPEC’s November […]
Rickards: ‘Unallocated Gold Is A Euphemism For No Gold’

Rickards: ‘Unallocated Gold Is A Euphemism For No Gold’

I think that Rickards is correct in his judgement, and joins many others including Kyle Bass, who because of their backgrounds are much harder to ridicule and dismiss by the creatures of the bullion banks.  And in some of their more recent remarks about this, one can almost feel the desperation.  And here and there, […]
International Economic Week In Review: Japan Is Really Hurting

International Economic Week In Review: Japan Is Really Hurting

Since the beginning of the year, international news has slowly but consistently been grinding slower. It started with a series of policy missteps from China followed by Japan’s 4Q contraction. US news has also slowly ground weaker. The EU can’t seem to generate any inflation and, thanks to a strong sterling, the UK is relying solely […]
Gold Forecast: April 2016

Gold Forecast: April 2016

Gold prices settled at $1222.19 an ounce on Friday, making a gain of 0.49% on the week but suffering a loss of 0.47% over the month. The XAU/USD pair initially moved higher and tested the 1285/0 area but found significant amount of resistance – which then led to long-side profit taking- and reversed its course. […]