Archives by Month:
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Weekly Forex Forecast – March 18
EUR/USD The EUR/USD pair initially tried to rally during the previous week but found enough resistance near the 1.24 level. We rolled over to form a bit of a shooting star, which is a negative candle, but there is a lot of support underneath. The 1.21 level underneath is massive support, as you can see […]
Pandora’s Box: Another Look At Steel Tariffs
Even if one foolishly believes tariffs can be a good thing, Trump went well beyond any semblance of rational thinking. The Peterson Institute for International Economics (PIIE) reports US Steel Is Already Highly Protected from Imports. The US steel industry has been the largest beneficiary of special protection from imports for decades, with more than […]
Weekly Market Outlook – It May Be Ugly, But The Bulls Are Holding The Line
The bulls were able to muster something of a gain on Friday after slowing the bearish train on Thursday. But, it wasn’t enough to undo the damage done earlier in the week. Stocks lost a little ground last week, bringing a quick end to the prior week’s healthy bullishness. It’s not the end of the […]
The Troubling Realities Of Our Energy Transition
I recently asked a group gathered to hear me speak what percentage of the world’s energy is provided by these six renewable sources: solar, wind, geothermal, wave, tidal, and ocean energy. Then came the guesses: To my left, 25 percent; straight ahead, 30 percent; on my right, 20 percent and 15 percent; a pessimist sitting […]
Ethereum Price Crash Almost Over – Bull Market To Resume In 2018
It is a painful month for cryptocurrency investors, at least the ones that bought high. Ethereum is one of those leading cryptocurrencies which we also consider to evaluate any future price trend in cryptocurrencies. So it’s worth analyzing the Ethereum chart, and comparing the insights to the other leading crypto charts like Bitcoin or leading blockchain […]
AUD/USD Weekly Analysis – Sunday, March 18
AUD/USD broke below 0.7712 support, suggesting that the downtrend from 0.8135 has resumed. A further decline could be expected in a couple of weeks and the next target would be at 0.7500 area. Key resistance is located at the falling trend line on the daily chart, and only a clear break above the trend line […]
Nearly Two Decades Of US-Canada Trade Balance Data
There seems to be some confusion regarding the distinction between trade balance in goods and services (a typical macro variable of interest) and trade balance in goods (more commonly reported, but less and less relevant on its own as countries become more service intensive). Figure 1: US-Canada bilateral trade balance (bold blue), and merchandise trade balance (red). NBER […]
The Bulls’ Last Stand?
Last week, I wrote the following: “… some cycles … suggest that a consolidation should take place over the next few weeks. Minor cycle lows are due next week, and larger ones around mid-April. And then, the all-important 40-wk cycle is due in mid-May. So the forecast made above could be altered by some corrective […]
Dow Jones’ Daily Volatility Continues To Increase
Since February 8 when the Dow Jones broke below its -10% BEV line in the chart below, it’s been building a pennant formation. I don’t know how significant it will be when the BEV plot breaks above or below the pennant, as technical analysis in today’s “regulated” markets isn’t what it used to be. However, […]
