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Stocks: Top This Week

Stocks: Top This Week

Cycles pointing to a low near August 21 were successful. We now have cycles and Lindsay models pointing to a high this week. Middle Section forecasts point to a top this week. The high on 7/16/14 counts 575 days to the low of the basic decline on 2/11/16. 575 days later is 9/8/17.  No middle […]
Balancing The Debt Ceiling Debate And North Korea Fears

Balancing The Debt Ceiling Debate And North Korea Fears

(Audio length 00:14:05) As we kick off a busier time of the year for investors we again have money moving into safe havens. Chris Temple and I discuss the ongoing debt ceiling debate (see stat below regarding how silly this debate is) and the recent North Korea H bomb test. Depending on your investing strategy […]
Bitcoin’s Fall Unlikely To Last: 3 Great Choices

Bitcoin’s Fall Unlikely To Last: 3 Great Choices

Digital currencies received a massive jolt on Monday when China’s authorities issued a notice declaring that initial coin offerings (ICOs) were illegal. Following this announcement, the price of bitcoin declined from $4,584 to nearly $4,350 per bitcoin. By Tuesday morning, the virtual currency was hovering just above the $4000 mark, nearly 20% lower than the […]
Chubb: A Conservative Dividend Grower In The Insurance Industry

Chubb: A Conservative Dividend Grower In The Insurance Industry

Chubb (CB) is one of the best managed insurance companies in the world and has increased its dividend for more than 20 consecutive years. Prior to the 2016 merger of Chubb and ACE (the largest merger ever in the history of the insurance industry), these companies had raised their dividends for 33 and 22 consecutive […]
Under The Line

Under The Line

Today is going decently so far. I’ve got three October put positions (XRT, AMZN, IWM) which are doing decently, and my short equity portfolio is overall showing a profit. I’m quite light right now, having started the day with 25 positions and currently at 39 (for me, “heavy” is like 80 positions). The uptrend on […]
July Factory Orders Plunge To Weakest Since Feb (As Boeing Bounce Disappears)

July Factory Orders Plunge To Weakest Since Feb (As Boeing Bounce Disappears)

Following the Boeing-driven spike, July is landing with a thud back to reality as final data today confirms a 3.3% MoM tumble in factory orders and 6.8% plunge in durable goods orders. In fact, it gets worse as aggregate factory orders are now back at their lowest level since February… As goes Boeing… so goes America? (or […]
USDCAD Daily Analysis – Tuesday, Sept. 5

USDCAD Daily Analysis – Tuesday, Sept. 5

USDCAD is now in downtrend from 1.2662. Range trading between 1.2339 and 1.2500 would likely be seen in a couple of days. Near-term resistance is at 1.2500. As long as this level holds, the downside movement could be expected to continue and next target would be at 1.2050 area. Only break above 1.2500 resistance could bring […]
A Perspective On Secular Bull And Bear Markets

A Perspective On Secular Bull And Bear Markets

Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? At this point, over eight years later, the S&P 500 has set a series of inflation-adjusted record highs based on monthly averages of daily closes. Let’s examine the past to broaden our understanding of the range […]
USD/JPY – Another Invalidation Of Breakout

USD/JPY – Another Invalidation Of Breakout

Earlier today, the U.S. dollar moved sharply lower against the yen as demand for safe-haven assets increased after yesterday’s South Korea’s Defense Ministry commentaries. As a result, USD/JPY slipped under important support line once again, invalidating the earlier breakout. What does it mean for the exchange rate? EUR/USD   From today’s point of view, we […]
Some Preliminary Thoughts On The ECB’s Capital Key

Some Preliminary Thoughts On The ECB’s Capital Key

The ECB’s asset purchase program is constrained by the self-imposed guidelines. As it QE continues, the ECB seems to be bumping against some of these parameters. The situation is thought to be coming to a head shortly, perhaps as early as this week’s ECB meeting.  One of the constraints is the country exposure capped at a […]