Archives by Month:

Archives by Year:

King Dollar Rally Here, Suggests Crude & Copper Peaking, Says Joe Friday

King Dollar Rally Here, Suggests Crude & Copper Peaking, Says Joe Friday

King Dollar weakness over the past 18-months has been of benefit to several commodities. Are the good times for commodities about to end due to a U.S. Dollar rally? Are inflation concerns peaking as the Dollar is testing support? Possible! Below looks at King Dollar over the past 25-years The U.S. Dollar has spent the […]
5 Questions For James Rosseau On Legal Shield’s Economic Indexes

5 Questions For James Rosseau On Legal Shield’s Economic Indexes

Interest in alternative data sets has exploded in recent years as investors scour the world for relatively obscure numbers that may offer insights overlooked in standard economic releases. Some of these figures are genuinely useful for developing an edge in trading and portfolio design, but there’s plenty of junk, too. Accordingly, caveat emptor applies when […]
Stop Looking At The Price

Stop Looking At The Price

There’s a new hashtag trending on Twitter that I feel is very relevant for myself and all of you as well. Most of us are already familiar with the tag HODL, it was a misspelling of the word hold on a Bitcoin Forum Post and eventually evolved into a battle cry for crypto-investors. Behind this […]
Gold Prices Drop As Dollar Strengthens – Friday, March 9

Gold Prices Drop As Dollar Strengthens – Friday, March 9

Gold prices fell for a second straight session and settled at $1321.76 an ounce with investors cautious ahead of the Labor Department’s monthly non-farm payrolls report. The greenback rallied following the European Central Bank’s policy update. World stock markets were mostly higher yesterday. XAU/USD is currently trading at $1318.03, lower than the opening price of […]
Indian Indices Trade Marginally Higher; IT Stocks Witness Buying Interest – Friday, March 9

Indian Indices Trade Marginally Higher; IT Stocks Witness Buying Interest – Friday, March 9

Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the IT sector and telecom sector witnessing maximum buying interest. Metal stocks are trading in the red. The BSE Sensex is trading up 40 points (up 0.1%) and the NSE Nifty is trading up 16 points (up 0.2%). The BSE Mid Cap index is trading down by 0.1%, […]
Housing Liquidity Crisis Coming: Debt Deflation Follows

Housing Liquidity Crisis Coming: Debt Deflation Follows

A liquidity crisis in housing is on the way. Non-banks are at the center of the storm. The Brookings Institute says a Liquidity Crises in the Mortgage Market is on the way. This is in guest post format. What follows are key snips from a 68-page Brookings PDF. This article isn’t very long. My comments follow. Abstract […]
Copper At Risk Of Further Weaknesses

Copper At Risk Of Further Weaknesses

Copper (HG_F) broke below $3.5 low ($3.095) earlier today. As a result, it shows a bearish sequence from 2/16 peak ($3.272), risking for further downside. Current short term Elliott Wave view in Copper suggests that the rally to $3.272 on 2/16 ended Primary wave ((X)). The decline from there is unfolding as a double three Elliott Wave structure where […]
Trade Deficit And Tariffs: It Is Complicated

Trade Deficit And Tariffs: It Is Complicated

President Donald Trump’s announcement that he is instituting tariffs on imported steel and aluminum came as a surprise to some although reducing the trade deficit was one of his campaign promises. Dealing with the trade deficit issue is a complicated one since no one factor impacts trade. What is complicating a necessary discussion at the […]
More Volatility Ahead For Italy’s FTSE MIB Index

More Volatility Ahead For Italy’s FTSE MIB Index

Italy’s FTSE MIB Index still remains more than 60% below its record high reached pre-2007 financial crisis, as shown on the monthly chart below. It’s facing major overhead resistance with the convergence of a triple top price formation, 40% Fibonacci retracement level, and the lower edge of its original uptrending channel around 24,568, which is still a long way […]
Japan ETFs To Buy As GDP Growth Revised Upward

Japan ETFs To Buy As GDP Growth Revised Upward

GDP growth in the world’s third-largest economy expanded more than initially thought, owing to an upward revision in key business areas. It grew for eight consecutive quarters, the longest streak since a 12-quarter expansion ended in 1989, the period of Japan’s economic bubble. Into the Headlines Japan’s economy grew at an annualized 1.6% in Q4 […]