Archives by Month:

Archives by Year:

EUR/USD Bear Flag Pattern Within Wave 4

EUR/USD Bear Flag Pattern Within Wave 4

EUR/USD 4 hour Source: Admiral Markets MT5 with MT5SE Add-on EUR/USD motive wave The EUR/USD seems to be making a slow and corrective chart pattern, which is probably a bullish retracement within a wave 4 (blue). This is valid as long as the price stays below the 50% Fibonacci level of wave 4 vs 3. A break above the […]
Sensex Opens 220 Points Higher; Metal & Realty Stocks Gain The Most

Sensex Opens 220 Points Higher; Metal & Realty Stocks Gain The Most

Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.5% while the Hang Seng is up 0.5%. The Shanghai Composite is trading down by 0.2%. US stocks closed higher on Thursday on renewed hope that a resolution to a trade dispute with China could be on the horizon. Investors also […]
Stocks For You To Swing-Trade: AMD, CCL, PTC

Stocks For You To Swing-Trade: AMD, CCL, PTC

Friday’s Swing-Trades: Long Advanced Micro Devices (AMD) Long Carnival (CCL) Short PTC (PTC)
Bitcoin ETF Trend Will ‘Shake Out’ Weak Hands, Says Report

Bitcoin ETF Trend Will ‘Shake Out’ Weak Hands, Says Report

Cryptocurrency prices fell sharply last Wednesday following the announcement by the U.S. Securities and Exchange Commission (SEC) to delay their decision over the Bitcoin Exchange-Traded Fund (ETF). If approved, the ETF would have given way to a new paradigm as the first of its kind in U.S. history. The price-fall came after a promising mini bull-run […]
July 2018 Sea Container Movements Slow

July 2018 Sea Container Movements Slow

The July year-over-year export counts were weaker than last month – and imports are now showing a declining trend line. Analyst Opinion of Container Movements Simply looking at this month versus last month – export rate of growth declined whilst exports also declined. The three month rolling averages remain in positive territory – but both […]
The Problem With Historical Illustrations Of Free-Banking Systems

The Problem With Historical Illustrations Of Free-Banking Systems

Neo-banking authors devote strong efforts to historical studies which they intend to support the thesis that a free-banking system would protect economies from cycles of boom and depression, owing to the “monetary equilibrium” mechanism. Nevertheless, the empirical studies produced thus far have not focused on whether free-banking systems have prevented credit expansion, artificial booms, and […]
Is Gold Now Finally Due For A Bounce?

Is Gold Now Finally Due For A Bounce?

Jordan Roy-Byrne and I discuss the recent gold and GDX action that sliced through some key resistance levels. Jordan had a short on the mining stocks but has since closed out that position and is not waiting for that bounce to come. (Audio length 00:14:19)
3 Under-The-Radar Retail Stocks To Buy As Sector Surges

3 Under-The-Radar Retail Stocks To Buy As Sector Surges

The retail sector has been all over the news this week, with many of the major players reporting their latest earnings results, and on Wednesday, the Commerce Department added more fuel to the fire by showing that retail sales increased 0.5% in July. Various retailers have posted impressive results, driven by rising sales to consumers […]
The Crisis Is Turkey

The Crisis Is Turkey

President Recep Tayyip Erdogan of Turkey is finding his dreams of an all-powerful resurrection of the Ottoman Empire falling apart. Qatar has come to the aid of Turkey offering $15 billion in a loan, but keep in mind that the entire issue with Syria began with Qatar proposing a pipeline through Syria to compete with natural gas with Russia. […]
Are Emerging Markets Toast?

Are Emerging Markets Toast?

Domestic stocks outperformed international stocks for a long time. On a year-to-date basis, the S&P 500 Index was up more than 6% through July, while the MSCI EAFE (EFA) Index was down slightly and the MSCI EM (EEM) Index was down more than 4%. The international stock returns are after translation to the dollar, so […]