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Trump’s Not So Great Deal With China

Trump’s Not So Great Deal With China

President Trump’s recent summit with Chinese President Xi Jinping was only modestly successful. The hard reality is that on both security and economic issues, the United States and China are rivals — not partners — and much tougher days lie ahead. Messrs. Trump and Xi reached no substantive agreement to curb North Korea’s nuclear program and on trade, […]
Widespread Bearishness Indicating Market Nearing A Turning Point?

Widespread Bearishness Indicating Market Nearing A Turning Point?

Bearish sentiment has overtaken what was a bullish environment that unfolded after last year’s election. The sentiment change can be attributed to a number of factors, such as continued gridlock in Washington, U.S. bombing campaigns in several countries overseas, etc. Most of the return generated by the equity market over the past two years has […]
EURNZD Double Three Elliott Wave Structure

EURNZD Double Three Elliott Wave Structure

The EURNZD rally this week failed as pair found sellers in 1.5355 – 1.5399 area and made new lows below 1.5149 low. With the new low seen today, the pair is now showing 5 swings sequence down from 3/24 (1.5485) peak. 5 swings means the sequence is incomplete and is in need of another swing lower […]
Weekend Reading: Markets Go On Alert

Weekend Reading: Markets Go On Alert

In my money management process, portfolio “risk” is “ratcheted” up and down based on a series of signals which tend to indicate when market dynamics are either more, or less, favorable for having capital exposed to the market. This model is published each week in the Real Investment Report as shown below: As you will notice, portfolios NEVER reach 100% cash […]
A Bankruptcy Of Nuclear Proportions

A Bankruptcy Of Nuclear Proportions

With the failure of Westinghouse, the future of American nuclear power looks even bleaker. (JEFF FUSCO/Getty Images) Summary In any given year, a handful of companies file for Chapter 11 bankruptcy in the United States. Rarely, however, does one of these filings reverberate beyond the boardroom and into the realm of geopolitics. Those that do […]
China Faces An Impossible Trinity As Debt To GDP To Hit Over 300% In 2-3 Years

China Faces An Impossible Trinity As Debt To GDP To Hit Over 300% In 2-3 Years

Chinese financial engineers are currently in the process of testing what it calls the ‘Impossible Trinity’ of market feats, a Deutsche Bank report says. The level of difficulty is high as China walks a debt tightrope with rising interest rates potentially creating a tricky headwind as China’s debt servicing costs reach levels hard to manage. Can capital controls […]
Updated View On GBP/USD, USD/CAD & EUR/USD

Updated View On GBP/USD, USD/CAD & EUR/USD

President Trump’s rant about the dollar being too strong led to a sharp fall in the dollar on Wednesday afternoon. Of course President Trump, who seems to be enjoying the flip-flop game immensely now that he is in power, may want to consider he can’t have his cake and eat it too, i.e, he wants his […]
Q1 Earnings Season Ramps Up – Focus On Banks

Q1 Earnings Season Ramps Up – Focus On Banks

Earnings results from the big banks highlight the benefits of diverse revenue streams, with JPMorgan (JPM – Free Report) and Citigroup (C – Free Report) offsetting decelerating loan growth trends with gains from their investment banking businesses. Wells Fargo (WFC – Free Report) has been dealing lately with a number of company-specific issues, but the absence of a strong investment banking franchise was very much apparent in […]
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                        Should You Invest In Structured Settlements Or Bonds?

E Should You Invest In Structured Settlements Or Bonds?

The stock market is probably the most popular form of investment in the world, but that is up for debate especially given the value of transactions executed on a daily basis in the forex market. However, these two are not the only ways to invest. There is at least a dozen more alternatives out there. […]
Above The 40 – The S&P 500 Suffers A Convincing End To Bullish Divergence

Above The 40 – The S&P 500 Suffers A Convincing End To Bullish Divergence

AT40 = 38.2% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 57.2% of stocks are trading above their respective 200DMAsVIX = 16.0 (volatility index)Short-term Trading Call: cautiously bullish (notable caveats explained below) Commentary The 50-day moving average (DMA) is no longer golden. It figures that on a day with the smallest gain in the […]