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Best Stocks Below Their Graham Number – June 2018

Best Stocks Below Their Graham Number – June 2018

One popular approach to investing based on Benjamin Graham’s methods is to use the so-called “Graham Number.”  There are some important differences between the Graham Number and the Graham Formula, but using the Graham Number is definitely useful even if the investor only uses it as a screening tactic. I’ve selected the best companies reviewed by […]
Emerging Markets: What Changed – Friday, June 29

Emerging Markets: What Changed – Friday, June 29

(from my colleague Dr. Win Thin) In the EM equity space as measured by MSCI, Mexico (+3.8), Colombia (+2.9%), and the Russia (+2.3%) have outperformed this week, while China (-3.5%), Chile (-2.9%), and Thailand (-2.0%) have underperformed. To put this in better context, MSCI EM fell -1.7% this week while MSCI DM fell -0.6%. In […]
The One Thing That Will Stop Gold’s Bleeding

The One Thing That Will Stop Gold’s Bleeding

For the last four sessions, the price of gold has fallen and closed at new lows for the year. We’ve talked all week about how gold can’t seem to get a foothold despite having several prospective “hooks” for attracting safe haven demand among investors. In today’s commentary, we’ll look at the one thing that will […]
The 2018 World Cup And The Cause Of The Next Stock Market Crash

The 2018 World Cup And The Cause Of The Next Stock Market Crash

iStock.com/Fotokot197 World Cup Prediction Exposes Our Vulnerability to the Next Stock Market Crash Wall Street—not to mention other exchanges—is heading for a major stock market crash. Indeed, a confluence of factors points to what could be a massive stock market crash. And while there has been no shortage of like-minded opinions on Lombardi Letter, recent developments have […]
Gold Breaking 16-Year Rising Support

Gold Breaking 16-Year Rising Support

Gold has been weak for the past several weeks. So what gives? Gold prices have been trading in a tightening wedge pattern (between its rising trendline and horizontal resistance – see point 1) for several months. Bouncing back and forth in a narrowing range. The latest test of horizontal resistance failed yet again, leading to a […]
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                        Are Miners Calling The Bottom?

E Are Miners Calling The Bottom?

Gold and silver haven’t done much to indicate a bottom, but miners are showing signs of life. Sometimes miners will bottom a day or two before gold establishes a low. To remain positive, I’d like to see miners maintain today’s rally into the close and not selloff. There is an opportunity for a trend day […]
July 4th Week: Not As Bullish As It Used To Be

July 4th Week: Not As Bullish As It Used To Be

Next Wednesday is July 4th, and because the holiday falls right smack in the middle of the week, it is also likely to be a week where many people look to take extended weekends on either end of the holiday. That doesn’t mean it will be a quiet week in terms of economic data, though. Not […]
Don’t Tell Trump, But The Atlanta Fed Just Slashed Q2 GDP

Don’t Tell Trump, But The Atlanta Fed Just Slashed Q2 GDP

Just two days after Donald Trump Jr slammed “the experts” and crowd of expectations for a 4.5% Q2 GDP print, The Atlanta Fed took an ax to its forecast this morning following disappointing spending data… The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2018 is 3.8 percent on June 29, down […]
The Weight Of The World

The Weight Of The World

Now that Bitcoin has breached $6,000, it should be melting away, but I suspect enough major players realize how vulnerable crypto is at these levels that they are doing a yeoman’s job keeping things propped up for now. From a support/resistance perspective, there is little in the way of support at these levels, however. One piece of bad news […]
Put/Call Ratio Just Spiked. What Happens Next To Stocks

Put/Call Ratio Just Spiked. What Happens Next To Stocks

As outlined in today’s market outlook, the Total Put/Call Ratio has become very high at 1.32   I said I thought that this is a short-medium term bullish sign for the stock market. Here’s the data to support that claim. This is what happens next to the S&P 500 when: The Options Put/Call Ratio exceeds […]