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Market Strength Goes Positive

Market Strength Goes Positive

My core measures of market strength have gone positive. That changes the core portfolio allocations as follows: Volatility Hedged portfolio: 100% Long (Since 5/7/2018) Long / Short Hedged portfolio: 80% long high beta stocks and 20% short the S&P 500 Index (or use an ETF like SH) Long / Cash portfolio: 60% long and 40% […]
USD/CAD Pressing Key Support At 1.2900 Once Again

USD/CAD Pressing Key Support At 1.2900 Once Again

USD/CAD is dropping sharply today to retest a key short- and long-term support level near 1.2900 – a break below there could expose the next long-term Fibonacci level near 1.2725 in time. Video Length: 00:04:25
Personal Income Rises 0.3%, Inflation Benign

Personal Income Rises 0.3%, Inflation Benign

Those looking for an explosion in either income and especially inflation did find what they were seeking in August. The BEA’s Personal Income and Outlays Report for August has the details. Personal income increased $60.3 billion (0.3 percent) in August. Disposable personal income (DPI) increased $51.4 billion (0.3 percent) Personal consumption expenditures (PCE) increased $46.4 billion (0.3 […]
How Overvalued Is The S&P 500?

How Overvalued Is The S&P 500?

A review of the stock market and the S&P 500. Video Length: 00:04:15
The Wizard Of Draghi

The Wizard Of Draghi

Central bankers must be using some other dictionary than the one available to all the rest of the world. Janet Yellen, for example, abused the word “transitory” for so long it became unrelatable to the concept of time; which was its original meaning. It evolved into an excuse for explaining how forecasts weren’t wrong, they […]
4 Funds To Ride The Strength In The U.S. Energy Sector

4 Funds To Ride The Strength In The U.S. Energy Sector

America’s energy sector has been growing by leaps and bounds. This is evident from the fact that oil price has been on the rise and production remains robust. Further, experts are of the view that China’s tariffs on its natural gas imports from the United States will end up harming the Asian giant more. Moreover, […]
Prospects Of Canada Out Of NAFTA Sends Loonie Lower

Prospects Of Canada Out Of NAFTA Sends Loonie Lower

Canada is the second biggest trading partner of the United States. Every year, the country exports goods worth more than $500 billion to the US. These goods include automobiles, lumber, and petroleum among others. During the 2016 election, Donald Trump talked passionately about NAFTA and how the deal had devastated the United States. Most importantly, […]
Weekly Technical Perspective On Gold Prices (XAU/USD)

Weekly Technical Perspective On Gold Prices (XAU/USD)

In this series, we scale-back and take a look at the broader technical picture to gain a bit more perspective on where we are in trend. Gold is down nearly 13% from the yearly highs with price trading just above long-term structural support heading into the close of the third quarter. Here are the key targets & invalidation […]
The Odd Couple

The Odd Couple

Here are a couple of short ideas that I don’t think I’ve shared before. The first is Banco Frances, which operates banks in that most stable of countries, Argentina. The failure of the long-term trendline caught my attention. Looking closer, you can see the breakdown in detail. I’ve got a stop set at $13.40. The other chart, which […]