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Focus On Finance

Focus On Finance

Note on “Focus” Posts: this weekend I decided to do things a little differently, and share some charts that were in a related industry. I am short all of these positions shown. ……….and, as a subset, insurance companies:
1984 Is Not The Future

1984 Is Not The Future

Jacobello Alberegno, The Beast of the Apocalypse 1360-90 The Guardian ran an article yesterday by one of its editors, David Shariatmadari, that both proves and disproves its own theme at the same time: “An Information Apocalypse Is Coming”. Now, I don’t fancy the term apocalypse in a setting like this, it feels too much like […]
Will The Fed Rate Hike Be Dollar Bullish?

Will The Fed Rate Hike Be Dollar Bullish?

  Investors remain convinced that the Federal Reserve will lift its interest rate target when its meeting concludes on March 21 with new forecasts and a press conference.  Recent disappointing data, especially average hourly earnings, and retail sales, coupled with a core CPI that has been stuck at 1.8% for three months has seen some […]
A Short-Term Uptrend?

A Short-Term Uptrend?

It isn’t much of a short-term uptrend. But the 50-day is upward sloping, and the 5-day is still above the 50-day. It’s really just a sideways consolation with a slight upward bias.   The number of new 52-week lows is still at a reasonable level. The bullish percents are still ticking higher, although just barely, […]
If Rates Rise, What Happens To Stocks?

If Rates Rise, What Happens To Stocks?

Following a chaotic end to 2017, the financial markets have somewhat settled over recent months. At least the cryptocurrency and precious metals markets. However there has been volatility in the stock market and signs of deterioration in real estate as well. So have we reached the end of this historic rally fueled by unprecedented amounts […]
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                        Wyckoff Focus – Why Is S&P500 Not Ready To Surge Again?

E Wyckoff Focus – Why Is S&P500 Not Ready To Surge Again?

  Point 1 – Selling Climax On February 8 the price falls sharply below the previous support with a great volume. Panic is in the air, bad news is widely spread everywhere and there’s no sign of strength, neither a hint of reaction. The very next day the price reacts, supported by what we can […]
US Dollar On Offensive Before Fed Rate Decision – Will It Last?

US Dollar On Offensive Before Fed Rate Decision – Will It Last?

FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US Dollar fell on in-line CPI data, then rallied into Fed meeting Pre-emptive gains hint markets worried tightening will accelerate Policy bets tellingly dwarfing news-flow from Washington DC A week marked by seesaw price action ended with a spirited push higher for the US Dollar. The rally was especially […]
Marko Kolanovic On BTFD, Trade Wars, ‘Clickbait’ And Trump Impeachment

Marko Kolanovic On BTFD, Trade Wars, ‘Clickbait’ And Trump Impeachment

Marko Kolanovic – a.k.a. “Gandalf”, a.k.a. the “half-man, half-God” – has a new note out and it’s great. For the past couple of years, Kolanovic’s research has been hijacked by the doomsday crowd as part of that crowd’s ongoing attempt to justify a bearish lean that has been perpetually and decisively wrong for a solid […]
Bitcoin Tumbles After Mt.Gox Trustee Denies Massive Sales Affected Prices

Bitcoin Tumbles After Mt.Gox Trustee Denies Massive Sales Affected Prices

Having bounced out of the “mystery dip-buyer” zone below $8,000, Bitcoin is back below it this afternoon, erasing Friday’s spike. This move comes as “the man who crashed Bitcoin” denies it was his massive sales of Mt.Gox crypto assets caused the market’s demise. As CoinTelegraph’s Molly Jane Zuckerman reports, the trustee of Mt. Gox – a once major and now […]
Are U.S. Banks On The Verge Of A New Golden Era?

Are U.S. Banks On The Verge Of A New Golden Era?

The massive changes that took place in the past year and those that are well underway could actually help the banking industry enter a new golden age. Thus, the prospects for bank stocks look bright. The key factors that could drive the industry’s growth are a new tax regime, a rising interest rate environment and […]