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FANG Vs The Market

FANG Vs The Market

“Davidson” submits: As you know, I do not invest in FANG type issues, the majority of which do not build long-term shareholder equity. Every market cycle has them. They are built on ‘the new, new thing’ mentality and are often infused with investors’ wild imaginations as to future growth prospects as in TSLA owning the […]
Beat The Tech Blues With These Inverse ETFs

Beat The Tech Blues With These Inverse ETFs

The technology sector, which is the biggest contributor of the nine-year bull market and the Trump rally, has been caught in vicious trading over the past month. This was primarily due to the huge decline in large-capitalization technology and Internet stocks, as a result of a slew of negative news from some of the key […]
The Real Estate Doomsday Map

The Real Estate Doomsday Map

Jeff was a small business owner in New Hampshire. One Tuesday afternoon, his neighbor called… “You need to get home NOW! There’s a dumpster in your yard, a padlock on your door, and a bunch of guys are ransacking your house!” Completely panicked, Jeff dropped everything and raced home. When he got there, he found most […]
Where Next For The Oversold And Overbought Currency Pairs?

Where Next For The Oversold And Overbought Currency Pairs?

It never ceases to amaze me the extent to which markets can stay overbought and oversold, and this is one of the reasons why David and I decided to develop the Quantum heat map indicator for MT4 and now for MT5. This indicator not only allows us to rank our 28 currency pairs in terms […]
JPM: “Buy Tesla Crash Puts” As Stock May Drop To $100

JPM: “Buy Tesla Crash Puts” As Stock May Drop To $100

Tesla stock has managed to stage a modest rebound this morning after reporting that, as Elon Musk leaked previously, it had produced just over 2,000 Model 3 cars in the last week, which while still well below the company’s own prior guidance of 2,500/week (which in turn was 5,000/week before that), was better than the Street’s worst […]
Irish Border And Magical Realism

Irish Border And Magical Realism

The UK says it will leave customs union on in a year’s time. However, it also says it accepts that there cannot be a hard border between Northern Ireland (part of the UK) and the Republic of Ireland. Nor can the hard border be placed between Northern Ireland and the UK. The Democratic Unionists of […]
As You Sow…

As You Sow…

As 25% tariffs were imposed on US pork exports to China, hog futures continued the downward decline. Source: ino.com. In longer term perspective, prices have been trending down, with futures for June 2018 now lower than spot prices at the end of 2016: Figure 1: Pork prices (net farm value, cents per pound) (blue), 2 April futures for June […]
Bullish April Seasonality Not Until Second Half Of Month

Bullish April Seasonality Not Until Second Half Of Month

April has historically been one of the strongest months of the year for the stock market. Recently, though, the gains have all come in the second half of the month once Tax Day (April 15th) passes. We ran a screen to find the median change of S&P 500 sectors over the last 12 years from […]
Gold Stocks: The New Safe Haven

Gold Stocks: The New Safe Haven

Will this Friday’s US jobs report be the catalyst that sends gold above the key $1370 resistance zone and ushers in a new era of institutional enthusiasm for gold stocks? Double click to enlarge.   The US stock market suffered yet another “cardiac arrest” moment yesterday.    Market breadth has thinned horrifically, and the low rates and QE that […]
SPX Elliott Wave View: Further Weaknesses Likely

SPX Elliott Wave View: Further Weaknesses Likely

SPX Elliott Wave view suggests rally to 2801.90 on 3/13/2018 ended Primary wave ((X)). Decline from there is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 2585.89 and Intermediate wave (X) ended at 2674.22. Subdivision of Intermediate wave (W) unfolded as another double three of a lower degree where Minor wave W […]