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How To Spot The Market’s Next Move

How To Spot The Market’s Next Move

Video length: 00:09:57 The trade war is on… then off as stocks react to the trade news. In this important video newsletter update we look at the range in all the indices that traders need to keep a close eye on. Whether you’re trading stocks, options, or futures these key levels are going to determine […]
BlackBerry Sues Facebook, Alleging Messaging Patent Violations

BlackBerry Sues Facebook, Alleging Messaging Patent Violations

Image source: BlackBerry (screen shot from video via YouTube) BlackBerry has filed a lawsuit against Facebook, Messenger, Instagram, and WhatsApp over allegations of patent violation. The Canadian firm states that it has seeking a resolution to the patent dispute for “several years,” but apparently, those efforts have all come to nothing. Citing online court records, Reuters initially […]
Stocks And Precious Metals Charts – Storm Warnings

Stocks And Precious Metals Charts – Storm Warnings

Stocks turned in the typical ranging day, finishing up a little to the positive side.   The notion of a trade war has them spooked, and they are fluctuating with every nuance to the tariff issue coming out of Washington DC. Leo Gerard, the United Steelworkers President, had an interview with the spokesmodels of financial […]
Uber Self-Driving Trucks Delivering Goods In Arizona

Uber Self-Driving Trucks Delivering Goods In Arizona

The hub-to-hub self-driving truck model is no longer a theory. For now, there’s a backup driver. Two years from now? The future of long-haul autonomous trucking has arrived: Uber’s self-driving trucks are now delivering freight in Arizona. Uber’s big push to dominate the trucking industry took a leap forward today with the announcement that the ride-hailing […]
CADJPY – A Turn For The Making?

CADJPY – A Turn For The Making?

  No pair has been more beaten up by tariff talk than CADJPY. The cross got it from both sides as it suffered declines from risk aversion flows and from the idiosyncratic risk facing Canada which on the sharp end of the stick in both Nafta negotiations and general global tariff threats. Today, however, was […]
Trump And Tariffs – Not A New Risk

Trump And Tariffs – Not A New Risk

Last week, the stock market dove in part because President Trump appeared to be plunging ahead with new tariffs; on Monday, the market recouped that loss (and then some) as the conventional wisdom over the weekend was that Congress would never let that happen and so it is unlikely that tariffs will be implemented. I’m always fascinated […]
WTI Down, RBOB Up After Huge Gasoline Draw, Crude Build

WTI Down, RBOB Up After Huge Gasoline Draw, Crude Build

WTI/RBOB prices chopped around today, but drifted lower into the API data which shocked both ways. A larger than expected crude build sparked WTI selling and the biggest gasoline draw since October sparked RBOB gains.   API Crude +5.66mm (+3mm exp) Cushing -790k exp Gasoline -4.536mm – biggest draw since Oct 2017 Distillates +1.487mm   Prices limped lower into […]
Tug Of War

Tug Of War

From the March 4, 2018 HRA Journal: Issue 283 The markets have calmed down a bit but the White House is injecting plenty of political uncertainty.  I’m surprised Wall St is taking things as well as it is.  Seems like traders think tax cuts (excuse the pun) trump everything else.  We’ll see.  The complacency didn’t […]
Market Cap To GDP — An Updated Look At The Buffett Valuation Indicator

Market Cap To GDP — An Updated Look At The Buffett Valuation Indicator

Note: This update incorporates the latest monthly close and the GDP Q4 Second Estimate data. Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001, he remarked in a Fortune Magazine interview that “it is probably the best single measure of where valuations stand at […]
A Classic Bull Market With Skeletons In The Closet

A Classic Bull Market With Skeletons In The Closet

From the private collection of Arnold Lieberman-Art Dealer, Santa Fe, NM This week, I am coming to you from a little town in Mexico called La Penita. The market is coming to you from hints by North Korea that they are willing to discuss a nuclear arms agreement. But that’s not all. The market also […]