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Cash Outperforms Stocks & Bonds First Time Since 1992

Cash Outperforms Stocks & Bonds First Time Since 1992

Cash is outperforming stocks and bonds in 2018 for the first time since 1992. Gone are the days of no corrections and low volatility. In fact, we discussed this almost exactly one year ago, that the probability of 2017 style low volatility repeating in 2018 was very low. Rates are rising, growth stocks are starting to […]
Crude Oil Declines Start To Get Real

Crude Oil Declines Start To Get Real

After trying to stabilize in the last few days, crude oil prices took another leg lower today, falling more than 5% and below $55 per barrel. Relative to its 52-week high on October 3rd (less than two months ago) crude oil prices are now down over 30%.While there have been drawdowns of this magnitude in […]
Retailers Hammered By Profit Concerns: Target Down 10%, Kohl’s 8%

Retailers Hammered By Profit Concerns: Target Down 10%, Kohl’s 8%

A retail sector rout is adding to tech misery. Target, Kohl’s, and Lowe’s lead the action to the downside. The S&P 500 fell into negative territory for the year as Retail Warnings added to the misery of a tech bust in progress. Target Corp shares (TGT.N) slumped 10.28 percent after the retailer’s third-quarter profit missed analysts’ estimates […]
Gold Price Forecast: Monthly-High On Radar Amid String Of Higher-Lows

Gold Price Forecast: Monthly-High On Radar Amid String Of Higher-Lows

Gold pulls back from a fresh weekly-high ($1229) despite the renewed rout in risk sentiment, but recent price action keeps the monthly-high ($1237) on the radar as prices for the precious metal extend the recent string of higher-lows. GOLD PRICE FORECAST: MONTHLY-HIGH ON RADAR AMID STRING OF HIGHER-LOWS Keep in mind that gold prices appear to be bound […]
Junk Bonds Sending 2000 & 2007 Bearish Messages Again

Junk Bonds Sending 2000 & 2007 Bearish Messages Again

This chart looks at Junk Bond Fund (PHDAX) and the S&P 500 over the past 25-years. Junk bonds sent bearish messages “before stocks peaked in 2000 & 2007.” Bearish divergences took place for 24-months in 2000 and 7-months in 2007, prior to stocks peaking and turning much lower. This year Junk bonds have been sending a bearish message […]
2 Mutual Funds To Buy Ahead Of The Holiday Season

2 Mutual Funds To Buy Ahead Of The Holiday Season

A robust labor market, steadily rising wages and strong household finances have resulted in a surge in household spending across the United States. Further, clothing remains the preferred gift item ahead of what is expected to be a record-breaking holiday shopping season. Even though consumer spending showed signs of cooling last month, industry experts believe […]
2018’s Biggest Winners Turned Into The Biggest Losers This Week

2018’s Biggest Winners Turned Into The Biggest Losers This Week

The S&P 500® Index is down approximately 3% on the week and approximately 9.5% from its peak on September 20, essentially wiping out gains for the year. But the selloff is concentrated in a few mega-cap tech companies. The overall Nasdaq 100 is down approximately 13% since September 20. But take a look at some […]
Trigger Time For Gold Stocks

Trigger Time For Gold Stocks

After breaking upside from a double bottom pattern, gold continues its solid price action. More good times lie directly ahead for precious metals investors, because Chinese New Year buy season begins very soon. Double-click to enlarge.   Note the solid position of my key 14,7,7 Stochastics indicator on this daily gold chart. The US stock market’s […]
The Most Important Trendline Of The Year

The Most Important Trendline Of The Year

This is very, very important. The NASDAQ Composite is at a moment of truth. It has BOUNCED and FOUND SUPPORT at the only trendline that matters. The last time it did this, twenty-three months ago, it went on to extraordinary gains, and the bulls stomped the living guts out the bears. Know this: if our bullish friends can’t find support here, they’re going to be screwed, […]
G-20 Meeting – Will Presidents Trump & Xi Face Off?

G-20 Meeting – Will Presidents Trump & Xi Face Off?

G-20 Meeting – Very Strong November Empire Fed Report Before going into the G-20 Meeting, let’s go over some stats from the November Empire Fed Report. Not every manufacturing survey from the Fed was weak in November. The first example of this is the Empire Fed report. It came in at 23.2, which beat estimates […]