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GDPNow Vs Nowcast Gap Widens Again, Huge GDPNow Inventory Contribution

GDPNow Vs Nowcast Gap Widens Again, Huge GDPNow Inventory Contribution

  The Atlanta Fed GDPNow Model Forecasts 4.2% GDP Growth. Nowcast is 2.3%. Inventories contribute 2.2 % to GDPNow. The gap between the GDPNow and Nowcast Third-Quarter GDP estimates widened slightly to 1.9 percentage points. The latest estimates are 4.2% for GDPNow on October 10 and 2.3% for Nowcast on October 12. The inventory contribution […]
Return Of The Trader

Return Of The Trader

Volatility has returned with a vengeance. The market is no longer buy and hold. Now is the time for traders to get back to work and take advantage of the massive opportunity in the market. In this crucial weekend video newsletter update we look at all the opportunities in the coming week.
Constructive Price Action Leads Technicals

Constructive Price Action Leads Technicals

Turmoil in the equity market helped spur the technical pullback in the dollar we anticipated. The greenback finished the week on a firm note as equities stabilized.The technical indicators, which signaled the likely correction, have not turned in the dollar’s favor, but the price action itself was more constructive. Dramatic equity market losses weighed on the […]
Relative Scarcity Of Physical Gold Prompts Large Draw Downs From Funds And ETFs

Relative Scarcity Of Physical Gold Prompts Large Draw Downs From Funds And ETFs

“It appears that there is a dwindling and overleveraged supply heading towards an unmanageable and relentless source of demand.” It is interesting to watch the ongoing management of physical gold holdings in the West. Physical gold has been seeing large draw downs from inventory during this price decline, but silver has not. This is not due […]
Biggest Earnings Reports To Watch Next Week

Biggest Earnings Reports To Watch Next Week

Earnings season began this week, but as shown in the chart below, things don’t really pick up until next week and beyond. Next week, companies with a combined $5.5 trillion in market cap will report Q3 numbers, while $11.2 trillion in market cap will report the following week. Below is a list of the 40 […]
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                        Has Costco Become A Bargain After Its Recent Correction?

E Has Costco Become A Bargain After Its Recent Correction?

Costco (COST) enjoyed an impressive rally in the 11 months leading to early September, as it rallied 57% during that period. However, the stock has incurred a 10% correction in the last month. As Costco rarely incurs prolonged corrections and almost always trades at a premium valuation, the big question is whether the stock has […]
The Stock Market Rout: A Healthy Correction, Or The Start Of A Bear Market?

The Stock Market Rout: A Healthy Correction, Or The Start Of A Bear Market?

Video Length: 00:06:19 Is a bear market beginning? The stock market was pummeled in a two-day stretch from Oct. 10-11, with major indexes tumbling across the globe. This has led many investors to wonder if the much-anticipated beginning to the next bear market is underway. My answer? Probably not. The recent downturn looks a lot […]
Weaponized Analytics?

Weaponized Analytics?

This week the deal we are digging into is Anaplan (NYSE: PLAN) which priced Thursday night at $17, well above the proposed range of $13-15. It’s a good old-fashioned enterprise SaaS company at the highest end of the “enterprise performance management” segment. Earlier this year we saw Adaptive Insights (ADIN) get snatched from the IPO […]
Recapping The Volatile Week For Gold, GDX, Silver, The USD And US Markets

Recapping The Volatile Week For Gold, GDX, Silver, The USD And US Markets

With the crazy week in the markets now coming to an end Doc (Richard Postma) and I look at the charts to see what has changed. We discuss everything from metals to the USD to markets. (Audio length 00:12:16)
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                        SPX, Oil, Gold And G6 Targets For The Week Of October 15

E SPX, Oil, Gold And G6 Targets For The Week Of October 15

The decision to include current trading signals* in last week’s update proved to be very timely, as the SPX remained on a sell signal all week long and dropped 180+ points. The SPX tested our weekly downside target from the beginning of the week, and finally broke below it on Wednesday. According to Hurst, a […]