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China And Reserves, A Straightforward Process Unnecessarily Made Into A Riddle

China And Reserves, A Straightforward Process Unnecessarily Made Into A Riddle

The fact that China reported a small increase in official “reserves” for February 2017 is one of the least surprising results in all of finance. The gamma of those reserves is as predictable as the ticking clock of CNY, in no small part because what is behind the changes in those balances are the gears […]
Agriculture Markets Report – Tuesday, March 7

Agriculture Markets Report – Tuesday, March 7

A review of the day’s trading in the agriculture markets. Video Length – 00:08:52
My Watch List For All Stocks Bearish Following End Of Day Sell-Off

My Watch List For All Stocks Bearish Following End Of Day Sell-Off

That was one nasty market sell-off at the close today (comparatively speaking). Plenty of people were selling stocks, myself included. The biggest concern for me right now is that only 49% of stocks are trading above their 40-day moving average. That is with us only being about a week removed from having established all-time highs.  […]
This Is Not Selling – Yet

This Is Not Selling – Yet

For the 4th consecutive trading day stocks ended slightly lower or unchanged. After the March 1st break out day the major indexes are near the low of that day. Since then there has been Fed comments that took the probability of a March interest rate hike to 84%. Here’s what to expect the higher Fed […]
The Market Of Dragons

The Market Of Dragons

A huge fan of Game of Thrones, one of my favorite characters is Daenerys Targaryen, Mother of Dragons. After losing her husband and child, she helps hatch three dragons from their eggs. At times, although they regard her as their “Mother,” she struggles to maintain control over them. Much of the same can be said […]
Is BTL Group A Bitcoin Stock To Buy?

Is BTL Group A Bitcoin Stock To Buy?

BTL Group (BTLLF), a tiny bitcoin stock with a market cap of $50M, has been rising sharply in 2017. Today, the stock lost 21 percent. Is this bitcoin stock a buy or not? Fundamentally, bitcoin and blockchain stocks have a great outlook. As explained in our Bitcoin price forecast for 2017, usage and acceptance of Bitcoin […]
Sinclair Broadcast Group – Chart Of The Day

Sinclair Broadcast Group – Chart Of The Day

The Chart of the Day belongs to Sinclair Broadcast Group (SBGI). I found the TV broadcasting stock by using Barchart to sort today’s Top Stocks to Own first for the most frequent new highs in the last month, then again for technical buy signals of 80% or better. Since the Trend spotter signaled a buy in 2/9 the stock gained 21.20%. […]
The Rally Has Been Delayed, But Not Cancelled

The Rally Has Been Delayed, But Not Cancelled

My Perspective In the past, I have noted that when the metals complex is in a larger bullish posture, I will always look towards the more bullish of the patterns as my primary, because experience has taught me this market often leaves people behind with shallow retracements: “. . . based upon the larger degree […]
Snap Walks Back IPO Gains In Two-day Freefall

Snap Walks Back IPO Gains In Two-day Freefall

Snap Inc. (SNAP) fell double digits Tuesday, marking two days of losses after two days of gains as investors and analysts grapple with how the newly-public social media company will confront mixed expectations and significant competition. NEW DATA SHOWS USER DECELERATION: Aegis Capital’s Victor Anthony, whose firm initiated Snap with a Hold rating and $22 […]
Do Record Debt And Loan Balances Matter? Not Even Slightly

Do Record Debt And Loan Balances Matter? Not Even Slightly

We live in a non-linear world that is almost always described in linear terms. Though Einstein supposedly said compound interest is the most powerful force in the universe, it rarely is appreciated for what the statement really means. And so the idea of record highs or even just positive numbers have been equated with positive […]