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Gas Prices Near Two Year Highs

Gas Prices Near Two Year Highs

With all of the concern over inflation recently, nowhere do rising prices hit closer to home than at the gas pump (unless you’re driving a Tesla of course), and as you might expect given that crude oil prices are in the mid-60s, prices at the pump have been on the rise. According to AAA, the national […]
Loonie Takes Big Step Toward Technical Objective

Loonie Takes Big Step Toward Technical Objective

For a little more than two weeks, we have been monitoring the formation of a possible head and shoulders top in the US dollar against the Canadian dollar. The neckline broke a week ago. It is not uncommon for the neckline to be retested after the break. That was what happened yesterday. The US dollar recorded an outside down […]
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                        The Bank Of Canada’s Business Outlook Survey Reveals The Real Challenges To The Canadian Economy

E The Bank Of Canada’s Business Outlook Survey Reveals The Real Challenges To The Canadian Economy

One of the more important reports emanating from the Bank of Canada is its quarterly update on business conditions since it sets out both positive and negative factors underlying the qualitative strength of the economy. Parsing the report,[1] we find that: The overall outlook is positive. While on balance the outlook for sales remains positive, firms […]
Gold Market Nirvana: The Time Is Now

Gold Market Nirvana: The Time Is Now

The main drivers of global stock, bond, and gold markets are interest rates and demographics. Unfortunately, most investors focus on items that get a lot of media attention but are almost irrelevant to price discovery in the markets. I’ve predicted that there will be no trade war, but governments around the world will roll out […]
Why Stocks Will Be Body-Slammed

Why Stocks Will Be Body-Slammed

MIAMI – During the legendary 1998 wrestling match known as “Hell in a Cell,” two professional wrestlers faced off: “The Undertaker” and Mick Foley, aka “Mankind.” The idea was for the two to do their usual stunts – poking, whacking, tossing, and grappling with each other – in a metal cage. And in a crescendo […]
Most Active Equity Options And Strikes For Midday – Tuesday, April 10

Most Active Equity Options And Strikes For Midday – Tuesday, April 10

Top tickers for midday: AET, BAC, NXPI, T, FB, AAPL, CLF, AAL.
USD/CAD – Verification Of Breakdown And Its Consequences

USD/CAD – Verification Of Breakdown And Its Consequences

Monday’s session was very good for the sellers. Although their opponents took USD/CAD higher, the previously-broken support/resistance line stopped them, triggering a sharp pullback and making currency bears more profitable. Is the worst already behind currency bulls? Focus on the USD Index From today’s point of view, we see that although the USD Index invalidated […]
Recession And 40% Plunge In Equities Baked In By Extreme Debt And Prices

Recession And 40% Plunge In Equities Baked In By Extreme Debt And Prices

Interesting comment in this recent segment about US home prices having less downside risk and being more affordable relative to income today than in 2008. That is true in many cities. Not that several ‘hot’ markets are not set up for correction again, but risk is a function of price, so less overvalued this cycle […]
Cryptos Bounce Despite Ethereum Suffering ‘Death Cross’

Cryptos Bounce Despite Ethereum Suffering ‘Death Cross’

Just a few short days after Bitcoin suffered its ‘death cross’, Ethereum just saw its 50-day moving-average cross below its 200-day, flashing the ominous-sounding warning. Bitcoin has been largely range-bound since it suffered its death cross… And Ethereum has gone nowhere in a couple of weeks, glued to $400 as it triggers its death cross today… […]
A Gold Explorer For The Summertime

A Gold Explorer For The Summertime

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Aben Resources Ltd. (ABN:TSX.V; ABNAF:OTC.MKTS) looks like a very attractive speculative gold investment here for three big reasons—one is that, as we will see, it is at the support of a long-term trendline that […]