Archives by Month:

Archives by Year:

Expect Q3 Earnings Price Surprises

Expect Q3 Earnings Price Surprises

The weekly DJI (Dow Industrial Average) chart shows our Adaptive Predictive Learning (ADL) modeling system at work. In this example, we asked our ADL system what it believed would be the most likely outcome originating from July 23, 2018. The reason we selected this date is because this weekly price bar prompted the current upside […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, Oct. 2

WTI Crude Oil And Natural Gas Forecast – Tuesday, Oct. 2

WTI Crude Oil The WTI Crude Oil market exploded to the upside, slicing through the $75 level, a very psychologically important level. The fact that we broke above there so drastically during the day suggests that we are in fact ready to go much higher. Because of this, I think it’s clear that you can’t […]
Two Press Conferences That Could Affect Gold Prices

Two Press Conferences That Could Affect Gold Prices

Over the last few days, the two most important people in the world held press conferences. What did they say and how can these remarks affect the gold market? Powell Faces Difficult Questions On Wednesday, Powell held a press conference. We have already analyzed the latest FOMC statement and the dot-plot, but there was not enough room to discuss Powell’s answers to […]
USDCAD Daily Analysis – Tuesday, Oct. 2

USDCAD Daily Analysis – Tuesday, Oct. 2

USDCAD extended its downside movement from 1.3081 to as low as 1.2782. Further decline is still possible after a minor consolidation and next target would be at 1.2700 area. Resistance is at 1.2870, only a break of this level could bring the price back into 1.3000 zone.
Chart: What’s Going On With Global Bonds?

Chart: What’s Going On With Global Bonds?

Quick post – been in Wellington for a couple of days, but back on deck now (before flying off to Singapore next week!). Anyway, here’s a chart I featured in a recent report on global bonds. It’s also one of the resident charts in the global-scan page of my weekly market chart pack….   TO THE […]
EUR/USD At 6-week Lows, Struggling With Italy

EUR/USD At 6-week Lows, Struggling With Italy

The EUR/USD is trading at the lowest levels since August 21st. Concerns about Italy and further strengthening of the US Dollar push the pair lower. The charts point to oversold conditions for the pair. The EUR/USD dipped under 1.1530, a level that supported it in September and is trading at levels last seen in August. It is […]
August 2018 Median Household Income

August 2018 Median Household Income

According to Sentier Research, median household income in the United States rose to $62,685 in August 2018, a 0.4% increase over its July 2018 estimate of $62,450. The following chart shows the nominal (red) and inflation-adjusted (blue) trends for median household income in the United States from January 2000 through August 2018. The inflation-adjusted figures are presented in terms […]
What The September Fed Rate Hike Means

What The September Fed Rate Hike Means

All eyes were on the Federal Reserve Bank last week. As expected, they confirmed a September Fed rate hike – the eighth since December 2015 . This 1/4 point increase brings the Fed Funds rate to 2-2.25%. Even after such a dramatic move higher from the zero-bound level, the rate is still very accommodating to […]
BTC/USD Forex Signal – Tuesday, Oct. 2

BTC/USD Forex Signal – Tuesday, Oct. 2

Last Thursday’s signals were not triggered, as there was no bearish price action at $6,569 or $6,643. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time, over the next 24-hour period only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the next […]
3 Hot Energy Stock Picks For Q3

3 Hot Energy Stock Picks For Q3

Oil prices continue to rally. “We are moving into a world where you have lower inventories, lower spare capacity and less protection for buyers,” says John Driscoll, chief strategist at JTD Energy Services. “So $100 a barrel has become more likely, whether we get there or not, it might be a little early to say,” he […]