Category Archive: Finance, No picture
In Praise Of A Genuine Gold (Not Gold-Backed) Bond
Buffet dismissed gold because it pays no interest. But what if there was a genuine gold bond that paid interest in gold? Keith Weiner at Monetary Metals asks Who Would Invest in a Gold Bond? Berkshire Hathaway CEO Warren Buffet famously dismissed gold. “Gold has two significant shortcomings, being neither of much use nor […]
End Of The Day Financial Video – Saturday, August 18th
A weekend wrap up of the financial markets. Video length: 00:13:46
10-Year Treasury Short Squeeze Fuel Hits Another Record High
The commitment of traders report shows treasury bears are record short 10-yr treasury futures. The treasury bears will cover, but at what price? That’s an unknown, but we can see when the bears increased their bets. And with that we can check gains for someone who held on. 10-Year Treasury Yields That’s one […]
E SPX, Gold, Oil And G6 Targets For The Week Of August 20
Market breadth bottomed-out in the middle of the week, as expected, and the SPX bounced off the projected target low. The upside target for this week is 2875, and the index will remain on track to achieve this target as long as it trades above the CIT Cloud and the 1 x 1 angle: The […]
Stocks Outlook – Saturday, August 18
The economy and stock market move in the same direction in the medium-long term. Hence, leading economic indicators are also leading indicators for the stock market. Thoughts The Philadelphia Fed Index is falling. NOT bearish for the stock market. Breadth continues to trend higher. A medium term bullish sign for stocks. Wal-mart’s rally is not a sign […]
EC Strong Retail Sector Earnings Performance
Wal-Mart (WMT) shares struggled this year, with the retail giant’s February 19 earnings release raising doubts about its online business as well as overall margins. The stock lost more than 10% of its value following the February earnings report, with the subsequent May 17 release doing little to ease those worries. Those clouds appear to have finally lifted […]
Forex Forecast And Cryptocurrencies Forecast For August 20 – 24, 2018
First, a review of last week’s events: EUR/USD. Most analysts (60%), supported by graphical analysis and indicators, expected the pair to fall to the 1.1120-1.1300 zone. And indeed, the pair reached the level of 1.1300 on Wednesday August 15, but did not go lower, turned around and returned to zone 1.1400 by the end of […]
Yen And Dollar Fall On US, China Trade War Breakthrough Prospects
TALKING POINTS – YEN, US DOLLAR, CHINA, AUSSIE DOLLAR, STOCKS, TURKEY Yen, Franc and US Dollar drop amid broad sentiment recovery Hopes for US, China trade war de-escalation stoking optimism Aussie and New Zealand Dollars, Euro emerge as outperformers The markets’ mood brightened in Asia Pacific trade as traders battered by turmoil in emerging market assets were offered a sliver of hope […]
Stock Exchange: Caught Leaning Into A China Trade? Now What?
Review: Is This The Calm Before The Storm? Our previous Stock Exchange asked the question: Is this the Calm Before the Storm? We noted that when the market is slow and conditions are not attractive, patiently NOT trading can be an attractive strategy. However, forcing trades when conditions are not attractive by taking on more risk can […]
Michigan Consumer Sentiment: August Preliminary Slips
The University of Michigan Preliminary Consumer Sentiment for August came in at 95.3, down 2.6 from the July Final reading. Investing.com had forecast 98.1. Surveys of Consumers chief economist, Richard Curtin, makes the following comments: Consumer sentiment slipped to its lowest level since last September, with the decline concentrated among households in the bottom third of the […]
