Archives by Month:

Archives by Year:

GBP/USD Sell-Off Approaching Key Support Targets

GBP/USD Sell-Off Approaching Key Support Targets

GBP/USD Daily Chart   Technical Outlook: Last week we highlighted that ‘GBP/USD has been trading within the confines of an ascending pitchfork formation dating back to last year with an outside-day reversal at the highs shifting our focus lower earlier this month. Prices broke below slope support today with the decline now testing the 61.8% retracement at 1.2850.’ Prices sat […]
Cryptocurrency Firm MGT Jumps After Completing Funding For Mining Expansion

Cryptocurrency Firm MGT Jumps After Completing Funding For Mining Expansion

Shares of Bitcoin miner and cybersecurity developer MGT Capital (MGTI) are higher after the firm announced that it completed its $2.4M financing to expand its Bitcoin mining operations. MCAFEE CONNECTION: In November of 2016, the company announced that John McAfee, the colorful founder of software company McAfee Associates was appointed CEO. McAfee, who had previously […]
Learn About Investing: Asset Allocation And Risk And Return

Learn About Investing: Asset Allocation And Risk And Return

(Video length 00:07:23) Today we take another look at asset allocation and risk and return, except in chart form. 
Trump Warning Put These ETFs In Focus

Trump Warning Put These ETFs In Focus

After two consecutive weeks of losses, U.S. stocks regained momentum this week. However, the bullishness seems to be reversing again after Trump warned of a government shutdown if Congress does not fund his proposed border wall with Mexico, in a speech at a rally in Arizona, last night.   Trump has requested Congress to approve $1.6 […]
Thoughts On Long-Term Investing

Thoughts On Long-Term Investing

I recently wrote a blog discussing some of the fallacies and myths surrounding “real” long-term investing. You can read the full article here: (Video length 00:07:26)
GBP: Brexit Round 3 Showdown Weighing On GBP; What’s Next? – BTMU

GBP: Brexit Round 3 Showdown Weighing On GBP; What’s Next? – BTMU

The pound is under pressure, unable to gain ground against the dollar when the greenback is falling. EUR/GBP is getting closer to parity. What’s next? Here is their view, courtesy of eFXnews: BTMU FX Strategy Research sees some similarities between GBP and USD currently with both currencies languishing to a degree on political uncertainties that are outweighing positive signs […]
On CNBC: Explosive Growth In Chinese Parcel Delivery

On CNBC: Explosive Growth In Chinese Parcel Delivery

I joined CNBC last night to chat about ZTO Express (ZTO) earnings. Emerging markets have had a really rough time over the past few years, due to weak demand from The US and Europe, slower growth in China, weak commodity prices, the threat of populist anti-trade politicians and a host of other issues. But around the beginning of […]
New Home Sales Plunge To Lowest Annualized Pace In Three Years

New Home Sales Plunge To Lowest Annualized Pace In Three Years

New home sales plunged to a seasonally-adjusted annualized rate (SAAR) of 571,000. That was far lower than even the lowest Econoday economist’s estimate of 590,000. The Econoday consensus was 610,000 in a range of 590,000 to 622,000. Nonetheless, Econoday was happy about a number of things. Overstating weakness, July’s headline for new home sales fell to a […]
What Behavioral Biases Are Messing You Up?

What Behavioral Biases Are Messing You Up?

News flash: Your worst enemy isn’t inflation, deflation, a market crash, or whatever other scary financial scenarios you can think of. Rather, we ourselves, in many cases become our own worst enemies. And at any given time, our behavior simply amplifies whatever bad things might be happening around us. The field of behavioral finance has given […]
Transports – Global Bulls Market Needs This Support To Hold

Transports – Global Bulls Market Needs This Support To Hold

Below looks at the Dow Jones Transports ETF (IYT) that remains in a long-term bull market. IYT broke to new all-time highs seven weeks ago at (1). It stayed at new highs for one week, before selling pressure started taking place. The weakness has it breaking below 18-month rising support last week, which does send a caution […]