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EUR/CAD Back To 1.50?

EUR/CAD Back To 1.50?

  The euro maintained a bid throughout the North American session leading some traders to wonder if we’ve finally seen a bottom. Its difficult to say as ECB President Draghi could easily talk the currency down on Tuesday by highlighting all of the reasons why policy needs to remain extremely accommodative but if there weren’t […]
Bitcoin Has A Massive Problem

Bitcoin Has A Massive Problem

You’ve just arrived at the airport parking garage after a grueling flight. It’s late. It’s cold and raining. You’re tired and hungry. Home beckons. Since it’s the year 2020, you’re paying for things with your bitcoin wallet. Naturally, the parking machines take the cyber-currency. Good thing too… you lost your real wallet, so no cash […]
Cats And Dogs Enter The Brexit Picture, Literally: Turmoil At Odds With Reality

Cats And Dogs Enter The Brexit Picture, Literally: Turmoil At Odds With Reality

The EU’s top Brexit negotiator, Michael Barnier, hit a record high in negotiation silliness, telling a French newspaper “dogs and cats” would be affected by the Brexit vote. Barnier is hoping to force Theresa May into upping her divorce settlement offer. Passports for Dogs and Cats Cancelled Barnier warns that unless there is a Brexit […]
Stocks And Precious Metals Charts – The Great Complacency

Stocks And Precious Metals Charts – The Great Complacency

Stocks were largely unchanged today, as the lack of news left investors spinning around last week’s levels, trying to squeeze a little coin out of the markets. Gold and silver managed to make a little headroom, although they are still lower after the big ‘Dr. Evil’ smackdown last week in which a large volume of […]
General Collapse

General Collapse

I must say, I’m quite proud and pleased with this May 2017 Slope Plus post I did about shorting General Electric. Here’s one of the charts I showed at the time: And this longer-term view….. Here’s what has happened since the post (tinted area) If only the ENTIRE MARKET could likely recognize reality.
SolarEdge Technologies – Chart Of The Day

SolarEdge Technologies – Chart Of The Day

The Chart of the Day belongs to SolarEdge Technologies (SEDG). I found the inverter producer by using Barchart to sort today’s Top Stocks to Own list first by the highest Weighted Alpha, then I used the Flipchart feature to check the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 9/27 the stock gained 27.78%. SolarEdge Technologies, Inc. […]
Two-Thirds Of The Top Primary Silver Miners Suffered Production Declines In 2017

Two-Thirds Of The Top Primary Silver Miners Suffered Production Declines In 2017

It has been a rough year for many primary silver miners as two-thirds have suffered declines in production. Also, many high ranking silver producing countries are also experiencing a pronounced reduction in their domestic silver mine supply. According to the data put out by World Metal Statistics, Chile’s silver production is down 20% in the […]
October 2017 Consumer Expectations About Financial Situations Remain Elevated, While Expectations About Government Debt Growth Climb

October 2017 Consumer Expectations About Financial Situations Remain Elevated, While Expectations About Government Debt Growth Climb

from the New York Fed The New York Fed’s Center for Microeconomic Data today released the October 2017 Survey of Consumer Expectations which shows persistent optimism about consumers’ year-ahead financial situations. The Survey also shows that consumers’ expectations of year-ahead growth in government debt increased again for the third consecutive month. While inflation expectations were relatively stable, year-ahead expectations […]
Bullish Watch List For This Resilient Bull Market

Bullish Watch List For This Resilient Bull Market

Just another buy-the-dip kind of day in the stock market.  Typical Monday with price action sitting just a smidgen above break-even.   Last week’s sell-off is quickly becoming a distant memory, and after the first down week in more than 2 months for the S&P 500, the bulls are looking to put an immediate stop to […]