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Even More Cracks In The Golden Dam

Even More Cracks In The Golden Dam

We’re getting there. Inch by inch, we’re moving closer to the tipping point of the decline when the slow, regular, and somewhat boring move lower turns into a violent drop. Yesterday’s session was still in line with the less exciting manner of declining, but we saw another crack in the dam that’s still somewhat holding […]
It’s Not All Its Fracked Up To Be

It’s Not All Its Fracked Up To Be

While the market starts to come to grips with the new sanctions on Iran and a larger than expected crude draw, as reported by the American Petroleum Institute (API), what should concern them is that U.S. oil production is not quite what it was fracked up to be. The latest evidence of that fact is […]
Gold Is About To Fall 15%?

Gold Is About To Fall 15%?

Seven years ago this month the Power of the Pattern suggested that “Gold could be flat to down for years to come!”  What did we see 7-years ago that would suggest Gold was about to struggle for years to come? The Swiss Franc for years to seems to influence the price of Gold and it was […]
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                        Forex Analysis Of GBP/USD For Wednesday, August 8

E Forex Analysis Of GBP/USD For Wednesday, August 8

First, we look into the previous day trade and what happened on August 7, 2018, and the GBP/USD pair opened at 1.29421 and went high at 1.29728 and gone to low at 1.29230 and finally closed at 1.29375. The calculated pivot point for the day is 1.29444. The difference between high and low was nearly […]
Ruble Tumbles, Russian CDS Jump After Full Text Of “Crushing Sanctions” Bill Leaks

Ruble Tumbles, Russian CDS Jump After Full Text Of “Crushing Sanctions” Bill Leaks

Add Russia to the list of emerging market nations in turmoil. The ruble tumbled, sliding to the lowest level since November 2016, Russian CDS blew out and Russian stock and bond markets plunged after Russian Kommersant newspaper published the full text of the US bill which seeks to impose “crushing sanctions” on Moscow for election […]
Industrials Continued Its Push Higher

Industrials Continued Its Push Higher

My Swing Trading Approach I am a little cautious of being aggressive here following a four-day rally, and an anemic rally yesterday that showed plenty of signs of the market running out of gas in the very near term. Raising my stops is a priority here.   Indicators Volatility Index (VIX) – Broke another barrier and the […]
DXY Index Holds Ground Beneath Resistance Despite New Tariffs

DXY Index Holds Ground Beneath Resistance Despite New Tariffs

The US Dollar (via the DXY Index) has thus far failed to breakout of its consolidation to fresh yearly highs, and the news flow through the first half of the week has been less than helpful in getting us there. The latest impediment came in the form of new retaliatory tariffs from China, announced within the last […]
Trump Tariffs Crush Small Businesses: “We Are At The Limit”, Optimism Sinks

Trump Tariffs Crush Small Businesses: “We Are At The Limit”, Optimism Sinks

Small businesses, unable to make operational changes, are “at the Limit” of what they can take from Trump’s tariffs. Small businesses lack the wiggle room to absorb cost increases or shift production, and many are reevaluating plans and strategies: ‘We Are at the Limit’ say business owners. M2S Bikes, an electric-bike startup, planned to build itself a […]
Whatever It Takes

Whatever It Takes

“At the end fiat money returns to its inner value—zero.”  – Voltaire  “Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.” – Mario Draghi July 26, 2012 On July 26, 2012, European Central Bank (ECB) President Mario Draghi essentially guaranteed the ECB would […]
Small Cap Returns Are Leading For US Equity Factors So Far In 2018

Small Cap Returns Are Leading For US Equity Factors So Far In 2018

After a volatile start to the year, the US stock market has recovered its bullish edge and is currently dispensing strong results. Carving equities up into so-called factor buckets reveals that small-cap firms are leading the field year to date, based on a set of proxy ETFs. The core small-cap factor is currently dispensing the number-one factor […]