Archives by Month:

Archives by Year:

EURGBP Faces Corrective Recovery Threats On Price Rejection

EURGBP Faces Corrective Recovery Threats On Price Rejection

EURGBP faces corrective recovery threats on price rejection. This is coming on back of the reversal of earlier losses for the week. A follow through higher is now expected in the new week. Support stands at the 0.8750 level where a violation will turn focus to the 0.8700 level. A break will aim at the […]
Stocks’ Last Cheap Sector

Stocks’ Last Cheap Sector

The lofty stock markets suffered a sharp selloff this week that may prove a major inflection point. There was one lone sector that bucked the heavy selling to surge in the carnage, the gold miners’ stocks. They are the last cheap sector in these bubble-valued stock markets, long overlooked and neglected. Wildly undervalued today, the […]
Below Trade Expectations Firm Corn And Soybean Prices

Below Trade Expectations Firm Corn And Soybean Prices

Market Analysis With the general market mantra “Big crops get bigger” and spillover negative economic ideas from a weakening US stock market, October’s below trade expectations in both corn & soybean outputs caught the market leaning. With the trade expecting a higher yield, corn’s 1.1 bu low-er US level provided the biggest percent price lift. […]
Stocks Bounce Usually After A Decline Like This

Stocks Bounce Usually After A Decline Like This

Stocks Bounce – Time To Buy Stocks Sentiment on stocks has shifted so quickly the S&P 500 went from being overbought to oversold in a few trading days. The CNN Fear and Greed index bottomed at 6 out of 100, which signals extreme fear. That doesn’t mean stocks will increase over the next 12 months. […]
Cash Is King For Natural Gas

Cash Is King For Natural Gas

The November natural gas contract whipsawed around quite a bit this week, shooting higher on Monday and setting a new high for the week on Tuesday before re-testing it Wednesday. From there prices attempted to decline Thursday, bouncing into the settle but following through on that downside with a 2% decline Friday to settle up […]
Ranking The Value Of “Nation Brands”

Ranking The Value Of “Nation Brands”

What comes to mind when you think about Spain or Japan? Just like anything else, our brains tend to associate certain images and attributes with a given country in order to form a unique mental perception. In a global marketplace, a country’s national image can be one of its most valued assets or a challenging […]
Chinese Car Sales Suffer Record Drop, Set For Historic Collapse

Chinese Car Sales Suffer Record Drop, Set For Historic Collapse

Earlier this month we reported that one month after US carmakers slashed dealer and customer incentives, US auto sales plunged with most OEMs missing even the most pessimistic estimates. Now, the US auto malaise has appeared to the world’s largest car market: China. Looking at the latest Chinese auto sales car market, which has been one of […]
A Sell-Off Of Global Proportions

A Sell-Off Of Global Proportions

Wow! That was pretty extreme. After the most severe sell program in the market since the ‘flash crash’ of 2010 sent US equities plunging for a second straight day, the S&P 500 finished at what can only be considered a ridiculously oversold level on Thursday at more than 3.7 standard deviations below its 50-day moving […]
Reality Versus Market Agitprop: Did Everyone Really Turn Bearish On Wednesday?

Reality Versus Market Agitprop: Did Everyone Really Turn Bearish On Wednesday?

I was going to leave well enough alone on Friday when it comes to whether the technical selloff on Wednesday and its less dramatic sequel on Thursday together presage something ominous into year-end. But reader feedback over the last few hours suggests an appetite for “more cowbell” (as it were) and I can certainly understand […]
ECRI Weekly Leading Index Update – Friday, Oct. 12

ECRI Weekly Leading Index Update – Friday, Oct. 12

This morning’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 148.6, down from the previous week’s 149.1. Year-over-year the four-week moving average of the indicator is now at 2.84%, down from last week. The WLI Growth indicator is now at 0.57, up from the previous week. “Outsized Gains […]