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Using Gold To See Where The Dollar Will Move Next

Using Gold To See Where The Dollar Will Move Next

I’ve written a lot about how the US dollar is the fulcrum of the global financial system. Commodities are priced in dollars. Global trade is done in dollars. And the majority of international funding is in USD. The dollar is important. Dollar trends impact markets and assets around the world in various ways. Hence why the dollar […]
‘Can It Continue? Yes.’ Asian Stocks Push To Records As Hang Seng Dusts 30,000

‘Can It Continue? Yes.’ Asian Stocks Push To Records As Hang Seng Dusts 30,000

Another day, another ebullient session in Asia. The regional benchmark passed its previous record closing high intraday for the second time this month as the MSCI AC Asia Pacific rose above 172.32, the closing record set in November 2007. It would seek out the record close at 172.62. This damn thing is up something like 26% YTD […]
Hedgers Give Thanks

Hedgers Give Thanks

Business and users of oil that did not buy into the lower for longer talk are giving thanks this Thanksgiving for having hedged their oil, gasoline and diesel purchases. Suddenly, the oil glut that many had predicted would last forever has suddenly turned into a very tight market. Oil futures are in contango for the […]
Quality Dividend ETFs To Tackle Uncertainty

Quality Dividend ETFs To Tackle Uncertainty

U.S. equity markets are going through a rough patch. There is a lot of political uncertainty as markets predict the odds of the timely passing of President Donald Trump’s tax reform bill. This has increased the appeal of dividend investing. Trump’s Impact There is increased uncertainty with regard to Trump’s ability to pass the promised […]
Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs

Asian Stocks Smash Records; Dollar Slides As Crude Surges To July 2015 Highs

Global shares hit another record high on Wednesday, propelled higher by what increasingly more call (ir)rational exuberance, and investors’ unflagging enthusiasm for tech stocks. That said, S&P futures are unchanged the morning before Thanksgiving (at least before the market open ramp), as are European stocks (Stoxx 600 is flat), despite the euphoria in the Asian […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, November 22

WTI Crude Oil And Natural Gas Forecast – Wednesday, November 22

WTI Crude Oil The WTI Crude Oil market rallied on Tuesday, breaking the top of the hammer that was formed on Monday. This is a very bullish sign, and it looks as if we will try to break out above the $58 level next. Once we do, the market will almost certainly go looking towards […]
Next Time You Talk To A Gold Bear, Show Them These Charts

Next Time You Talk To A Gold Bear, Show Them These Charts

If you look at gold’s performance over the last few months, or even quarters, it would be hard to feel much excitement. Stocks are near all-time highs, oil is roaring back, and Bitcoin has blasted off. Meanwhile, gold sentiment is negative. Getting almost anyone excited about gold seems like a monumental task; it appears to be stuck in […]
BTC/USD Trading In A Rational Uptrend Channel

BTC/USD Trading In A Rational Uptrend Channel

Bitcoin is quite volatile, to say the least. The price has been surging only to collapse and only to rise again. Yet within this noise, one can find a trend. BTC/USD is making higher highs and higher lows, marking a clear uptrend in the past week. It is looking a bit more rational than the […]
Beware The Marginal Buyer, Borrower And Renter

Beware The Marginal Buyer, Borrower And Renter

Bubbles always look unstoppable, yet they always burst. When times are good, the impact of the marginal buyer, borrower and renter on the market is often overlooked. By “marginal” I mean buyers, borrowers and renters who have to stretch their finances to the maximum to afford the purchase, loan or rent. In bubble manias, buyers of […]
Sensex Finishes Marginally Higher; Automobile & PSU Stocks Rise

Sensex Finishes Marginally Higher; Automobile & PSU Stocks Rise

Indian share markets continued to trade well above the dotted line in the afternoon session amid firm international markets. At the closing bell, the BSE Sensex closed higher by 83 points and the NSE Nifty finished higher by 15 points. The S&P BSE Mid Cap finished down by 0.1% while S&P BSE Small Cap finished up by 0.2%. Gains were largely seen in automobile sector and PSU […]