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The Hot Breath Of Mr. Bear On The Back Of My Neck

The Hot Breath Of Mr. Bear On The Back Of My Neck

Extreme volatility (Dow Jones 2% Days) continues being a major feature in the market; Tuesday of this week saw the Dow Jones close 2.17% above the previous day’s close. Yes, this was a big daily gain, but big daily percentage gains are events usually seen in bear markets. So, that’s the third day of extreme […]
GBP/USD Forecast October 22-26 – Bitten By The Brexit Blues

GBP/USD Forecast October 22-26 – Bitten By The Brexit Blues

GBP/USD was on the back foot as Brexit talks broke down amid a deadlock on the questions of the Irish border and the customs arrangements. What’s next? A speech by BOE Governor Mark Carney stands out. Here are the key events and an updated technical analysis for GBP/USD. The European Union and the United Kingdom could […]
A Quick Look At Gold And US Dollar (Going In Tandem)

A Quick Look At Gold And US Dollar (Going In Tandem)

On September 30, 2018 I published a short piece on the US dollar. The conclusion was as follows: “If something cannot go up pushed by hordes of optimists, it is supposed to go down. Summarizing – I am bearish on the US dollar in the medium term” After nearly one month the situation has not […]
Weekly Fundamental Forecast: Markets Trade The EU Summit For ECB Rate Decision And US GDP Next Week

Weekly Fundamental Forecast: Markets Trade The EU Summit For ECB Rate Decision And US GDP Next Week

High level fundamentals proved substantive this past week between a possible Brexit path after the EU Summit and the slowest pace of growth for China in 9 years. Ahead, the scheduled updates are still material – such as US 3Q GDP as well as ECB and BOC rate decisions – but we should also keep […]
Here’s What Humanity Will Have To Pay To Limit Global Warming Per HSBC

Here’s What Humanity Will Have To Pay To Limit Global Warming Per HSBC

Last week the Intergovernmental Panel on Climate Change (IPCC) released its ‘Special Report on Global Warming of 1.5 °C’. The long-awaited, highly anticipated report from the UN climate science body, is one of the most comprehensive studies on climate change. The report considers the actions required by the global community to limit global warming to 1.5°C, […]
Weekly Market Outlook – The Bulls Have A Lot To Prove, And Fast

Weekly Market Outlook – The Bulls Have A Lot To Prove, And Fast

It could have been worse. Though the market didn’t log any meaningful gain last week, it didn’t lose ground either. Nevertheless, stocks ended last week on a low note, pointed lower and beneath some key lines in the sand. And, there was certainly no lack of volume behind the selling – a LOT of people […]
Square Is A Fast Growing Company In A Great Industry

Square Is A Fast Growing Company In A Great Industry

Earlier this year, we went through many of our very favorite industries to go hunting for investments in. One of the industries we highlighted was the payment processing industry. There are so many wonderful attributes of this business. For one, payment processing is a very stable business, with a very high percentage of recurring revenues. These companies process […]
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                        Elections To Influence Moves In Metals And Stocks

E Elections To Influence Moves In Metals And Stocks

The November 6th elections will influence investment decisions, and money flows for the next several months. There are two potential “extreme outcomes” that would potentially cause the greatest shift in financial assets. Extreme outcome 1: We see a blue wave, and Democrats gain control of both the House and the Senate. Probably bad for stocks […]
EURUSD Weekly Analysis – Sunday, Oct. 21

EURUSD Weekly Analysis – Sunday, Oct. 21

EURUSD is facing 1.1432 support and a breakdown below this level could trigger further downside movement towards the next support level at 1.1301. Below here would aim 1.1000. Near term resistance is at 1.1622, a break of this level could bring the price back towards 1.1851 key resistance. he price back towards 1.1851 key resistance.
Funding Secured

Funding Secured

SoftBank CEO Masayoshi Son and Crown Prince MBS in happier times Can you imagine if Tesla were actually moving forward today with the Saudi sovereign wealth fund in a take-private transaction? Can you imagine the uproar over Elon doing this sort of major deal with the Saudis after the Khashoggi murder? Well, no need to imagine. Or […]