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New Risk Resistant Economy

New Risk Resistant Economy

Recency bias is causing many investors and economists to believe we are in a new era of uncertainty because of the dot com bubble and the 2008 financial crisis. It’s like saying inflation would always stay high after the bout of inflation caused by monetary policy mistakes in the late 1970s and early 1980s. Analyze […]
The S&P Has Become Overbought For The First Time In 7 Months. What’s Next?

The S&P Has Become Overbought For The First Time In 7 Months. What’s Next?

The U.S. stock market (S&P 500) has become overbought for the first time in a long time. It’s 14 daily RSI has reached 70 for the first time since late-January 2018 while it remains above its 200 daily moving average. In other words, momentum has returned to the stock market. When momentum returns to the stock […]
​EUR/USD Is Bullish But Close To Strong Resistance

​EUR/USD Is Bullish But Close To Strong Resistance

Source: Admiral Markets MT5 with MT5 The EUR/USD has made a breakout in the form of an inverted head and shoulders pattern, but the upside could be contained due to strong resistance close to the M H3 and W H4 pivot points, along with historical sellers. 1.1735-55 is the POC zone, and we might see some rejections within the zone. […]
EURUSD: Euro Bulls Recovered Their Losses With Some Help From The Pound

EURUSD: Euro Bulls Recovered Their Losses With Some Help From The Pound

Previous: On Wednesday the 29th of August, trading on the euro closed up despite falling during the first half of the day. The main driver for the pair’s growth was an increased appetite for risk among investors, as well as a decline on the dollar which was brought about by a sharp rise on the British […]
S&P 500 And Nasdaq 100 Forecast – Thursday, August 30

S&P 500 And Nasdaq 100 Forecast – Thursday, August 30

S&P 500 The S&P 500 rallied during trading on Wednesday, breaking above the 2900 level quite decidedly. At this point, I’m looking for short-term pullbacks to take advantage of, as we have cleared a major hurdle. I believe that now we will eventually go looking towards the 3000 level, but it’s going to take some […]
Why Diesel Prices Are Set To Soar

Why Diesel Prices Are Set To Soar

A new rule coming into effect for marine shipping in 2020 promises to drive up the price of diesel, as well as low sulfur crudes like West Texas Intermediate. The world is ticking down to a deadline that promises to have major ramifications in the global fuel markets. On January 1, 2020, the International Maritime Organization […]
Hawkish Fed Narrative Slowly Changing

Hawkish Fed Narrative Slowly Changing

Are we on the path to a hyperinflation? Video Length: 00:56:29
Midsummer Scenes From The U.S. New Home Market

Midsummer Scenes From The U.S. New Home Market

We’re going to tell the story of the United States’ new home market primarily through pictures today, where our first chart visualizes the median and average sale prices of new homes in the U.S. from January 2000 through the just-reported preliminary data for July 2018. There’s quite a bit of month-to-month volatility in the sales […]
Homebuilder Shares Dramatically Underperforming: Consumer Confidence Didn’t Help

Homebuilder Shares Dramatically Underperforming: Consumer Confidence Didn’t Help

Homebuilder shares are down 12% to 23% while the stock market is up 9%. Housing data has been miserable. The Wall Street Journal reports Home-Builder Shares Miss Out on Stock Rally Consumer confidence tracking near 18-year highs, strong corporate earnings and soaring retail sales haven’t translated into gains across the housing market—something that has kept home-builder […]
GBP/USD Path Of Least Resistance May Be Down After The Jump

GBP/USD Path Of Least Resistance May Be Down After The Jump

The GBP/USD soared on the optimism in Brexit talks after a long standstill. The pair topped 1.3000. What’s next? Resistance lines look more substantial than support ones. The Technical Confluences Indicator shows that a considerable cap awaits at 1.3057, where we see the convergence of the Bolinger Band one-day Upper, the Fibonacci 23.6% on-month, and the Simple Moving Average 50 […]