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The S&P 500 In Week 3 Of April 2017

The S&P 500 In Week 3 Of April 2017

The third week of April 2017 had bigger negatives than positives for the U.S. economy and markets, with stock prices behaving accordingly during the week. In this case, we think that those negatives led investors to bet that the Fed would delay the timing of its next expected rate hikes into the third quarter of […]
Easter Monday Blues For The US Dollar

Easter Monday Blues For The US Dollar

Trading remains thin on Easter Monday. While more markets are open in comparison to Good Friday, volume remains low. This does not prevent the markets from moving, and it is against the US dollar, which was previously hit by Trump. There are several geopolitical tensions that can explain the rise of the safe-haven Japanese yen, but why are […]
Markets Trying To Stabilize In Holiday-Thin Activity

Markets Trying To Stabilize In Holiday-Thin Activity

Financial centers in Europe are closed for the extended Easter holiday. Australian and New Zealand markets were also closed. The drop in US 10-year Treasury yields in early Asia, with a brief push below 2.20%, appears to have kept the dollar under pressure. As the North American market prepares to open, the dollar is softer against the all […]
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                        Elliott Wave Analysis: USDCHF Trading In A Bullish Impulse

E Elliott Wave Analysis: USDCHF Trading In A Bullish Impulse

On the updated chart of USDCHF we see the pair made a sharp and strong recovery from 0.9813, as an indication of a low in place. If that is the case, then the recent big three wave pattern to the downside was completed as a contra-trend move wave E of a triangle correction, therefore more […]
China’s Lending Bubble Sees Beijing Home Prices Jump 63%

China’s Lending Bubble Sees Beijing Home Prices Jump 63%

Greed and fear are the primary emotions driving China’s housing and auto markets today, as China’s lending bubble hits new heights.  For ordinary citizens, greed is the key driver: Average home prices in Beijing rose an eye-popping 63% between October 2015 – February 2017 In Shanghai, one enterprising estate agent (realtor) has married 4 of his clients to enable […]
Sensex Opens Flat; Sun Pharma Loses

Sensex Opens Flat; Sun Pharma Loses

Most Asian equity markets opened lower today. Stocks fell as soft US economic data added to investor concerns. The Shanghai Composite is off 0.94% while the Hang Seng is down 0.21%. The Nikkei 225 is trading lower by 0.31%. The US equities were lower across the board in their previous trading session amid the geopolitical […]
USDJPY, Yields Slide, Gold Spikes As Markets Finally Respond To Latest Set Of Economic, Geopolitical Shocks

USDJPY, Yields Slide, Gold Spikes As Markets Finally Respond To Latest Set Of Economic, Geopolitical Shocks

With markets shut on Good Friday, even as the one-two knockout punch of the worst monthly core CPI print in 7 years hit…   … coupled with a miss in March retail sales, which suffered their biggest two month drop in 2 years… … on Sunday night traders were desperate to catch up, or rather […]
Gold Prices Rise As North Korea Tensions Keep Markets On Edge

Gold Prices Rise As North Korea Tensions Keep Markets On Edge

Gold prices rose as a dour mood prevailed in thin holiday trade. Stocks in Japan – one of the few major markets not closed for the Easter Monday holiday – declined in a move that appeared linked to geopolitical jitters after North Korea conducted a ballistic missile test (albeit unsuccessfully). Investors appear concerned about escalation after reports emerging […]
Mainstream Media Joke Of The Week: “Trump Tanked The US Dollar”

Mainstream Media Joke Of The Week: “Trump Tanked The US Dollar”

Last Wednesday, president Trump commented, “I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me.” Numerous mainstream media reports were was all over Trump’s statement, attributing major moves in the US dollar to Trump’s statement. Now that the dust has settled, let’s recap some headlines and […]
The Greatest Rally Of All Time? The Day Of 1987 Crash

The Greatest Rally Of All Time? The Day Of 1987 Crash

Howard Marks, the famed investor who runs more that 100 Billion at Oaktree Capital, tells a story of a phone call that changed his life. He had a conversation with Michael Milken who was just starting out as the king of junk bonds at the time. Milken told him that, “If you buy AAA or […]