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GBPUSD Eyes Key Resistance Zone At 1.3200/16

GBPUSD Eyes Key Resistance Zone At 1.3200/16

GBPUSD eyes key resistance zone located at the 1.3200/16 zone. This is coming on the back of its two-day strength on Thursday and Friday. Resistance stands at the 1.3150 level. A turn above here will allow for more strength to build up towards the 1.3050 level. Further out, resistance stand at the 1.3100 level followed […]
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                        Is Now The Right Time To Consider Lam Research?

E Is Now The Right Time To Consider Lam Research?

The shares of the leading supplier of wafer fabrication equipment and services, Lam Research (LRCX), have fallen sharply after the company’s recent disappointing revenue and earnings guidance for its fiscal 2019 first quarter. On its July 26, 4Q-2018 report the company guided for its next quarter revenue of $2.15-$2.45 billion while the consensus among analysts […]
The Power Of ‘AND’, And The Walmartization Of Advice

The Power Of ‘AND’, And The Walmartization Of Advice

Growing up in the beautiful swamp that is Brazoria County, Texas, you learned quickly that you took entertainment where you could get it. I’m not saying that it was boring, but having fun did require a certain amount of creativity. Some of the kids, by which I mean the ones who weren’t the drum major […]
The Week In Charts: Your Trading Success Might All Boil Down To This One Thing

The Week In Charts: Your Trading Success Might All Boil Down To This One Thing

In this episode, Dave discusses how your trading success could boil down to just two words. And, last but not least, he fielded your trading questions and analyzed your favorite stock picks. Video length: 01:20:20
Breaking With Wall Street: L.A. Puts It To The Voters

Breaking With Wall Street: L.A. Puts It To The Voters

Wall Street owns the country. That was the opening line of a fiery speech by populist leader Mary Ellen Lease in 1890. Franklin Roosevelt said it again in a letter to Colonel House in 1933, and Sen. Dick Durbin was still saying it in 2009. “The banks – hard to believe in a time when […]
Tulchinsky, The UnRules

Tulchinsky, The UnRules

In some ways Igor Tulchinsky has written an “un-book,” and it’s undoubtedly the better for it. The UnRules: Man, Machines and the Quest to Master Markets (Wiley, 2018) is a short book, coming in at about 150 pages. As Tulchinsky explains in the preface, he is a man of few words. As it is, even […]
Australia Auto Crash On Top Of Housing Crash

Australia Auto Crash On Top Of Housing Crash

New car sales in Australia are down for the sixth consecutive month. The real numbers are worse. News AU reports New-Car Sales Hit the Brakes for the Sixth Month in September. Here’s the punchline: Dealers report the downturn is sharper than what the reported sales figures show. Official figures show new-car sales hit the brakes […]
Peek Into Future Through Futures, How Hedge Funds Are Positioned

Peek Into Future Through Futures, How Hedge Funds Are Positioned

Following futures positions of non-commercials are as of October 2, 2018. 10-year note: Currently net short 740.2k, down 16.1k. Kudos to non-commercials for having doggedly remained bearish on 10-year Treasury notes. They reaped a bumper crop this week. In September last year, the 10-year rate (3.23 percent) began to rise from 2.03 percent. These traders […]
Best Stock Charts | Bond Bubble Has Burst!

Best Stock Charts | Bond Bubble Has Burst!

In this week’s Best Stock Charts we discuss how the 35 year bond market bull market has now burst. We have broken down below the lower band of the rising uptrend channel on the charts of the bonds. This breakdown to a new quarterly low is very bearish for the bond market as it forces […]
Notice How Quickly Market Psychology Changed?

Notice How Quickly Market Psychology Changed?

“How did you go bankrupt?” “Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises On the surface, nothing much changed last week. The Fed, as expected, raised short-term interest rates very modestly, the US, Canada and Mexico cut a new NAFTA deal (kind of a pleasant surprise), unemployment fell again, Trump continued […]