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Economic Evolution

Economic Evolution

When you become an investor, you gain the freedom to choose. You get to move beyond a life bound by minimum wage, governments & unions, economic classes, nepotism, favoritism and cronyism. You get to move beyond faulty wealth redistribution. You start to see a better way to redistribute wealth: Do it yourself. A third of […]
GE: Turnarounds Take Time

GE: Turnarounds Take Time

Turnarounds take a long time to be worked out. There is no better case of this than what we are seeing with General Electric (GE). GE stock is seemingly making new lows every single day. The depth of the existing problems now being uncovered at General Electric signals the extent of the changes needed to be made […]
Short Demand For HY ETFs Hits Record

Short Demand For HY ETFs Hits Record

There’s been a lot of discussion about HY ETFs of late and it’s not hard to understand why. As a reminder, junk bond funds saw massive outflows earlier this month in the wake of the market turmoil that also sent investors scurrying from IG funds (as rate jitters hit home) and, briefly, from equities. You might recall the following from […]
Data Distortions One Way Or Another

Data Distortions One Way Or Another

Back in October, we noted the likely coming of two important distortions in global economic data. The first was here at home in the form of Mother Nature. The other was over in China where Communist officials were gathering as they always do in their five-year intervals. That meant, potentially: In the US our economic […]
Is Bitcoin Really A Leading Indicator For The Entire Market?

Is Bitcoin Really A Leading Indicator For The Entire Market?

At the start of February, just before the great vol-quake, we highlighted  that a curious correlation was emerging between the VIX – and therefore the broader market as would be confirmed just days later – and bitcoin. We referenced a recent note from Deutsche Bank according to which “cryptocurrencies are closely watched by retail investors, affecting their […]
US Dollar Rally May Spell Trouble For Precious Metals

US Dollar Rally May Spell Trouble For Precious Metals

The last 14 months has seen the US Dollar Index fall nearly 15 percent (top to bottom). Sentiment toward the dollar has turned bearish as well. From a contrarian standpoint, the US Dollar Index is nearing an oversold bounce. But could it lead to a stronger rally than expected?  Over the past two weeks, the Dollar […]
Why Is The Gold Price Not Moving Higher, Faster?

Why Is The Gold Price Not Moving Higher, Faster?

Inflation Is Back and Risks Are High, But This Is Why the Gold Price Is Not Reacting Federal Reserve Chair Jerome Powell delivered his first testimony before Congress. Investors all over the world had waited anxiously for his words. Many, given the huge leverage that exists in stocks now, wanted to discover where interest rates are […]
Most Active Equity Options And Strikes For Midday – Wednesday, February 28

Most Active Equity Options And Strikes For Midday – Wednesday, February 28

 
Microsoft Chart Is Poised For Another Move Up

Microsoft Chart Is Poised For Another Move Up

Mr. Softy is back! Microsoft (MSFT) has looked good for a couple of years now, but the recent action is quite constructive. Based on what I’m seeing in the chart, there could be more upside to come. Money flow has remained positive, turnover has been solid and option call buying has been decent. The recent pullback […]
Oil Price Outlook Mired By Rising U.S. Output, Fresh Bearish Sequence

Oil Price Outlook Mired By Rising U.S. Output, Fresh Bearish Sequence

  Crude continues to pullback from the monthly-high (64.21), with oil prices at risk for a larger correction as they carve a fresh series of lower highs and lows. Fresh updates from the U.S. Energy Information Administration (EIA) appear to be weighing on oil prices as crude inventories increased 3.02M barrels in the week ending […]