Archives by Month:

Archives by Year:

Oil Prices Moderate On Rising U.S. Oil Rigs

Oil Prices Moderate On Rising U.S. Oil Rigs

Global oil investors have started holding back on growing U.S. oil rigs, even as OPEC promise to extend production cuts through the end of 2018. U.S. oil rigs rose to 749 last week, the largest level since September, according to Baker Hughes report. Prompting investors and traders to pullback on concern that growing Shale production […]
Nasdaq Is Getting Slammed As Dow Soars

Nasdaq Is Getting Slammed As Dow Soars

The overnight exuberance in US equity futures is being sold a little at the open, with – most notably – Nasdaq now back underwater from before ABC’s fake news Flynn story on Friday…   Across asset classes – the unwind of Friday’s panic moves is complete, but the rotation out of tech is clear…   Semis […]
Just Another Manic Monday – Tax Free Edition

Just Another Manic Monday – Tax Free Edition

The tax bill passed!   That’s right, the GOP Senate passed the Trump Tax Plan when all the GOP Senators voted for it – what a surprise. In other news, water is wet. Still, the markets are acting like it’s a surprise with the Dow up 227 points in pre-market trading and that’s up about 500 […]
Regression To Trend; Another Look At Long-Term Market Performance

Regression To Trend; Another Look At Long-Term Market Performance

Quick take: At the end of November the inflation-adjusted S&P 500 index price was 112% above its long-term trend, up from 109% the previous month. About the only certainty in the stock market is that, over the long haul, over performance turns into under performance and vice versa. Is there a pattern to this movement? Let’s […]
This Time Is Different, It Just Ends The Same

This Time Is Different, It Just Ends The Same

This past weekend, I was in Florida with Chris Martenson and Nomi Prins discussing the current backdrop of the markets, economic cycles, and future outcomes. A bulk of the conversations centered around the current “everything bubble” that currently exists globally. Elevated valuations in stock prices, extremely low yields between in “junk bonds,” or intense speculation around “cryptocurrencies” all suggest we have […]
Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries

Silver’s Positive Fundamentals Due To Strong Demand In Key Growth Industries

– Increased efforts in green energy and advanced technology set to boosts silver’s demand – Four-year supply deficit set to increase due to fewer mine openings and discoveries – Bank manipulation may be why silver underperforming – TD Securities and the Bank of Montreal expect silver to be best performing precious metal in 2018 – […]
The Next Leg Higher?

The Next Leg Higher?

Good Monday morning and welcome back to what appears to be a celebration of tax reform on Wall Street. But before we get ahead of ourselves in terms of how far the bulls are going to run today, let’s start the week with a look at my key market models/indicators and see where we stand. […]
GBP/USD: Bullish, Biased To The Upside On Trend Resumption

GBP/USD: Bullish, Biased To The Upside On Trend Resumption

GBP/USD: The pair now faces risk of a trend resumption after reversing its Friday losses on during Monday trading session. Support lies at the 1.3500 level where a break will turn attention to the 1.3450 level. Further down, support lies at the 1.3400 level. Below here will set the stage for more weakness towards the […]
Keep Faith In Rising P/E: Play 5 Top-Ranked Stocks

Keep Faith In Rising P/E: Play 5 Top-Ranked Stocks

Generally, investors love stocks with a low price-to-earnings (P/E) ratio. The general perception is that the lower the P/E, the higher will be the value of the stock. The simple logic that a stock’s current market price does not justify (is not equivalent to) its higher earnings and therefore has room to run is behind […]
Dollar Bounces On High Hopes

Dollar Bounces On High Hopes

The US Dollar was broadly higher on Monday after the US Senate approved legislation to overhaul the controversial US tax reform code. With the exception of a single vote, all Republican members voted in favor of the legislation which includes significant rate cuts for corporations and high-income tax payers. Analysts say that gains on the […]