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Bitcoin Trading Alert: Bitcoin Might Test All-Time High

Bitcoin Trading Alert: Bitcoin Might Test All-Time High

Is Bitcoin in bubble territory? Certainly, the price pattern this year looks like an exponential one, at least locally, but there are also opposing views. In an article on CNBC, we read: [William] Bernstein is a neurologist who began writing about investing in the 1990s, soon becoming a best-selling author and drawing the admiration of legends […]
UK Retail Sales Plunge Most Since March Of 2009

UK Retail Sales Plunge Most Since March Of 2009

Additional cracks are starting to appear in the global economy. In the UK, retail sales plunged the most in eight years. Consumers also becoming worried about falling house prices. I propose consumers should have been worried home prices did not tank long ago. Bloomberg notes that U.K. Retail Sales Plunge at Fastest Annual Pace in Eight […]
Private GDP Continues Its Rise

Private GDP Continues Its Rise

GDP came in at 3% today despite two hurricanes… that means we ought to see Q4 above 3% also as reconstruction begins. It’ll be the first time we’ve seen 3% plus growth for three consecutive quarters since before the financial crisis. You’ll also notice that the current two quarters are coming in well above the 2009-17 trend […]
October 2017: ECRI’s WLI Growth Index Rate Expands Further – Friday, Oct. 27

October 2017: ECRI’s WLI Growth Index Rate Expands Further – Friday, Oct. 27

ECRI’s WLI Growth Index which forecasts economic growth six months forward is remains in expansion. This is compared to RecessionAlerts similar weekly leading index. Analyst Opinion of the trends of the weekly leading indices Both ECRI’s and RecessionAlerts indicies are indicating modest growth six months from today. Current ECRI WLI Level and Growth Index: Here […]
Invictus MD Prepares For Legalization With Expected Cannabis Ready Production Of 6,000 Kg

Invictus MD Prepares For Legalization With Expected Cannabis Ready Production Of 6,000 Kg

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Invictus MD Strategies Corp. (IMH>V) (IVITF) through its interests in two ACMP license holders, its wholly-owned subsidiary Acreage Pharms Ltd. and its one-third interest in AB Laboratories Inc., expects to have production capacity […]
EUR/JPY Plummets Into Monthly Lows

EUR/JPY Plummets Into Monthly Lows

EUR/JPY Daily Chart Technical Outlook: EUR/JPY turned from a key resistance confluence this week at 134.29– a level defined by the 61.8% retracement of the late-2014 decline, the September high-close and slope resistance. The subsequent decline has taken out the October open with price now approaching the monthly opening-range low at 131.70. Note that the 50-line of the ascending pitchfork […]
Fed/ECB Strangle Stock Bull

Fed/ECB Strangle Stock Bull

This epic central-bank-easing-driven global stock bull is starting to be strangled by the very central banks that fueled it. This week the European Central Bank made a landmark decision to drastically slash its quantitative easing next year. That follows the Fed’s new quantitative-tightening campaign just getting underway this month. With CBs aggressively curtailing easy-money liquidity, […]
Harsco May Reverse Off Resistance Trendline

Harsco May Reverse Off Resistance Trendline

Food for thought……….symbol is HSC, and my stop is 22.01:
Amazon Smashing Nasdaq To New Record Highs

Amazon Smashing Nasdaq To New Record Highs

Amazon shares are up a stunning 12.5% this morning after ‘blowout’ earnings…smashing Nasdaq to new record highs… To new record highs… Looks to us like this was a ‘catch-up’ trade to the global liquidity glut… And finally… “probably nothing”
Swing Trading Strategy Report – Friday, Oct. 27

Swing Trading Strategy Report – Friday, Oct. 27

My Swing Trading Approach Strength in the pre-market, will look to add another position to the portfolio today.  Indicators VIX – Traded, surprisingly, higher for a 4th consecutive day. Expect it to get squashed today.  T2108 (% of stocks trading below their 40-day moving average): Down nine of the last ten tradning sessions. Here is my write up […]