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My Bearish Outlook On Bitcoin Still Intact

My Bearish Outlook On Bitcoin Still Intact

I haven’t pulled away from my thesis that Bitcoin (BTC.X) is likely heading lower in the short-to-intermediate time frame.  There is so much emotion in the crypto-currencies and largely that is because many, if not most, of the traders in it, have never traded anything else before, and they are seeing this as a “money-making […]
Intel Corporation Earnings Beat Estimates, Stock Rallies

Intel Corporation Earnings Beat Estimates, Stock Rallies

 via Wikimedia Commons Intel Corporation (Nasdaq: INTC ) released its latest earnings report after closing bell tonight. Intel earnings came in at $1.08 per share on an adjusted basis, smashing the consensus estimate of 87 cents per share. Intel’s Q4 revenue rose to $17.1 billion from $16.37 billion in the year-ago quarter. Intel earnings swing […]
Stocks And Precious Metals Charts – On The Road To Damascus – Precious Metals Options Expiration

Stocks And Precious Metals Charts – On The Road To Damascus – Precious Metals Options Expiration

The US dollar was swooning this morning, and stocks were in a light rally. The cause of this was the ongoing policy of the Trump Administration for a weaker dollar. The weak dollar increases the price of imports, and decreases and makes more competitive exports, priced in dollars. Treasury Secretary Mnuchin had just affirmed that […]
Will Trump Bump Help USD/CAD?

Will Trump Bump Help USD/CAD?

Donald Trump as he is wont to do flipped the FX market around with one single statement that he was in favor of a strong dollar. The greenback which was getting pounded all day long suddenly found a bid and ended up coming off the lows in what appeared to be a sentiment reversal move. […]
Inside Warren Buffett’s Brain (Infographic)

Inside Warren Buffett’s Brain (Infographic)

Continued from Part 1: The Remarkable Early Years Of Warren Buffett. What springs to mind when you think of legendary investor Warren Buffett? For some, it’s his humble Omaha origins or his long-lasting obsession with Coca-Cola. For other people, it’s Buffett’s impeccable investing track record and extraordinary wealth that make a lasting impression. While these […]
Hot Options Report For End Of Day – Thursday, January 25

Hot Options Report For End Of Day – Thursday, January 25

Top tickers for end of the day, January 25
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                        The U.S. Dollar Policy Puts The ECB In A Straight Jacket

E The U.S. Dollar Policy Puts The ECB In A Straight Jacket

In a rather blunt language, the ECB President Mario Draghi calls the American Secretary on the carpet for breaking an international understanding in its pursuit of a weaker dollar. The ECB has a major headache because of the shift in U.S. policy away from international cooperation, raising the prospect of a currency war that will […]
Steve Mnuchin Sends Dollar To A 37 Month Low

Steve Mnuchin Sends Dollar To A 37 Month Low

Dollar Is Crashing? Manufacturing is being helped by the declining dollar. As you can see from the chart below, the dollar has been in a one way path downwards. The DXY hit a 37 month low as it’s down against every major currency in the past year. The daily sentiment index for the dollar is […]
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                        Canada’s Central Bank Raises The Key Overnight Rate To 1.25% In January

E Canada’s Central Bank Raises The Key Overnight Rate To 1.25% In January

“The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent… However, uncertainty surrounding the future of the North American Free Trade Agreement (NAFTA) is clouding the economic outlook… In Canada, real GDP growth is expected to slow to 2.2 per cent in 2018 and 1.6 per cent in […]
Stocks Are Looking Shaky

Stocks Are Looking Shaky

Stocks are looking shaky, and some indexes such as the Transports have already started to correct. I know that taking profits into this market strength makes sense, but I am struggling with how much to sell. And what is happening with these gold miners? The dollar is so weak, yet the miners just aren’t responding. […]