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Investors Fret As Politics Override Bank Earnings

Investors Fret As Politics Override Bank Earnings

The investment world is often thought of as conservative, traditional, middle of the road, and one that conforms with the norms of society. Increasingly, especially as the digital age continues to transform our world, these staid notions are being replaced with wild extremes. For example, financial advisers have typically run a relationship business based on […]
Why Meredith (MDP) Is Up 4.9% Since The Last Earnings Report

Why Meredith (MDP) Is Up 4.9% Since The Last Earnings Report

A month has gone by since the last earnings report for media company Meredith Corporation (MDP – Free Report). Shares have added about 4.9% in that time frame, outperforming the market. Will the recent positive trend continue leading up to the stock’s next earnings release, or is it due for a pullback? Before we dive into how investors and […]
“Out Of Cash” – More Than 90% Of India ATMs Run Dry

“Out Of Cash” – More Than 90% Of India ATMs Run Dry

Five months have passed since the demonetization drive, but the people of India continue to face a shortage of cash in banks and ATMs. The Times of India reports that more than 90% of the ATMs in the northern region do not have cash, and in the southern states as many as 65% of ATMs have run dry.   […]
​The Value Of Trading Contracting Triangles And Wave Corrections

​The Value Of Trading Contracting Triangles And Wave Corrections

Many traders appreciated last month’s article with my most favorite wave patterns. Being able to recognize wave 3 and “end of the trend” scenarios makes sense even for non-Elliott Wave traders. This article adds another two patterns, which I think are relatively simple to identify. That is a win-win for both wave and non-wave traders. Today we […]
Stock Market Bounce Coming?

Stock Market Bounce Coming?

“Now that enough re-distribution has taken place, we need to extend the decline from the 2375 (s/b 2378) secondary top.  This is what my indicators are currently projecting and, if they turn out to be correct, a resumption of the downtrend should start immediately and could extend to a new low before the next consolidaton […]
US Dollar Losing Fed Lift, Gambles With Trade, Hopes For Risk

US Dollar Losing Fed Lift, Gambles With Trade, Hopes For Risk

In contrast to the charge the Dollar mounted through the final three-month period of 2016, the benchmark currency seemed to stall through the first quarter of 2017. While not a full tide change, the bulls were much more circumspect about their ambitions. What lies at root to this downshift is an evolving fundamental landscape which […]
Still Looking Healthy But Risky, Too

Still Looking Healthy But Risky, Too

Even with last Thursday’s drop in price, sentiment for the S&P 500 Index (SPX) is still showing healthy signs. Take a look at price targets tweeted by traders on Twitter. Notice that the first time SPX dipped near 2320 traders were tweeting price targets as low as 2200. On the current decline, traders aren’t so […]
Overall And Core CPI Fall In March

Overall And Core CPI Fall In March

I know Donald Trump is lots of fun and everything, but people should be paying at least a little attention to inflation, or the lack thereof. Remember, last time we tuned in the Federal Reserve Board was embarked on a process of tightening through a sequence of interest rates hikes. The concern expressed by proponents […]
Brad Birkenfeld: Lucifer’s Banker

Brad Birkenfeld: Lucifer’s Banker

Just how bad is the ongoing fraud in the banking system? Get ready for a mind-bowing expose by a former insider at UBS. Brad Birkenfield, author of Lucifer’s Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy, recounts the efforts he uncovered by his employer to help its clients cheat the US government out […]
April 17 Daily Trading Opportunities

April 17 Daily Trading Opportunities

During the session on Monday, several of the world’s largest economies are still celebrating Easter, including most of Europe and Australia. Because of this, markets could be a bit thin, but we are watching the following three assets. WTI Crude Oil The WTI Crude Oil market tried to rally during the session on Thursday and […]