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Will The SPX Reach 2600?

Will The SPX Reach 2600?

I last wrote about the SPX:VIX ratio on September 30. Price action on the Monthly ratio chart below shows an inability, so far, for volatility to be held at bay, while the SPX continues to make new highs, almost daily. It has failed to hold, with conviction, above the 250 level and advance above its […]
Less Than Square One

Less Than Square One

Goldman Sachs was the latest Wall Street bank to jump on low volatility. Despite an enormous gain in prop trading, most of the rest of the firm’s results were moving in the wrong direction. In its market making segment, for example, the firm booked $2.1 billion in net revenue in the third quarter, 22% less […]
You Gotta Be In It To Win It

You Gotta Be In It To Win It

Anyone who has ever attempted to make money trading has learned the lesson all too quickly that timing is everything. Some of the world’s greatest investors have lost nearly everything because their timing of the market was just slightly off. Without getting into individual names, we saw this among some of the greatest value investors in the […]
The French Say “Blame The Fed”

The French Say “Blame The Fed”

It’s the central bank’s fault! This common refrain has grown louder as Fed Chair  Janet Yellen engages in some of the most delicate maneuvers that a central bank has ever attempted. With the economy generally moving along at a reasonable if slightly awkward clip – unemployment is abnormally low, but income inequality is abnormally high – central […]
Food Industry Staples: 3 Stocks To Buy Now

Food Industry Staples: 3 Stocks To Buy Now

While some investors might want to look for the next hot sector or up-and-coming industry to dive into, sometimes investing in more everyday industries can prove just as beneficial and profitable. With that said, we will look at three companies that hold unique positions in an industry close to many peoples’ hearts: food. On top […]
Dow Fails To Hold 23,000 As Yield Curve Carnage Continues

Dow Fails To Hold 23,000 As Yield Curve Carnage Continues

The Dow is now up 17% YTD – crushing bonds and bullion – NOTE everything changed when China’s central bank decided that it would remove a reserve requirement for financial institutions trading in FX forwards for clients by cutting it to zero from 20% currently.. But let’s not spoil the party! Video length: 00:02:44 Dow 23,000… 1200 points […]
Stocks And Precious Metals Charts – The Arc Of The Moral Universe

Stocks And Precious Metals Charts – The Arc Of The Moral Universe

“Since 1970, every time asset values have risen above 520% of households disposable income (the dashed line in the chart) then the US has been in a bubble and a subsequent crash has followed.This has simply meant asset values growing much faster than households income or households capability to sustain those price increases. The depth […]
Agriculture Markets Report – Tuesday, October 17

Agriculture Markets Report – Tuesday, October 17

Video length: 00:12:01
Gold Resources – Nice 3Q 2017 Production Figures

Gold Resources – Nice 3Q 2017 Production Figures

Yesterday Gold Resources (GORO) released 3Q 2017 production figures. These figures once again confirm the fact that GORO is a base metals producer and not, as many think, a precious metals producer: The chart shows that in 3Q 2017 base metals’ (copper, lead and zinc) contribution to the total production was 56%. What is more, the high contribution of […]
Stocks To Trade: IP, Z, DLPH

Stocks To Trade: IP, Z, DLPH

Wednesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long International Paper (IP)   Long Zillow Group (Z) Short Delphi Automotive (DLPH)