Category Archive: Finance
EUR/USD And GBP/USD Forecast- Friday, Sept. 8
EUR/USD The EUR/USD pair rallied a bit during the day on Thursday, breaking above the 1.20 level. We did stop just about at that level, so I think we need to make a fresh, new high to start buying. In the meantime, we could get pullbacks that are attempts to build up momentum to finally […]
Highly Unusual US Treasury Yield Pattern Not Seen Since Summer Of 2000
Curve watchers anonymous has taken an in-depth review of US treasury yield charts on a monthly and daily basis. There’s something going on that we have not see on a sustained basis since the summer of 2000. Some charts will show what I mean. Monthly Treasury Yields 3-Month to 30-Years 1998-Present It’s very unusual to […]
Morgan Stanley Asks “If Employment So Good,” Why Is This Happening To Credit Card Delinquencies
In a new downgrade of subprime lenders Capital One and Synchrony, Morgan Stanley sought to answer the nagging question of why subprime credit card losses are suddenly soaring, per the chart below, “if employment is so good.” After reportedly spending the entire month of August analyzing that question, Morgan Stanley came to many of the same […]
Where Are We Going?
Gold has broken out and is holding its level above the high set in the aftermath of the Trump election upset. Silver is holding its level on the 18 handle. Now gold seems to be consolidating, most likely for the attempt to push higher to take on the intermediate highs and resistance around 1370-1380. More […]
Major Gold-Stock Breakouts
The gold stocks are off to the races again, with big gains mounting. They just staged major breakouts, shattering a vexing consolidation that had trapped them for an entire year. Such momentum early in gold’s strong season is a very-bullish portent. As higher prices improve both technicals and sentiment, buying begets more buying. With gold-stock […]
Deflation And The Markets: Are Deflationary Forces Here To Stay
Machines are worshipped because they are beautiful and valued because they confer power; they are hated because they are hideous and loathed because they impose slavery. Bertrand Russell Manufacturing output continues to improve, even though the number of manufacturing jobs in the U.S. continues to decline and this trend will not stop. While some jobs […]
Value ETFs & Stocks To Beat Market Volatility
The stock market has been on a stellar ride this year courtesy of a pickup in global economic activity, robust corporate earnings, and rising consumer confidence. But bouts of volatility and uncertainty have threatened the bull run lately. This is especially true as United States’ tensions with North Korea reached an alarming stage that could […]
AUD/USD Breaks Above 0.8065 Resistance
AUDUSD extends its bullish movement from 0.7871 to as high as 0.8095, breaking above the previous high resistance at 0.8065. AUD/USD 4-hour Chart On the upside There is a bullish trend line with support at around 0.7990 on the 4-hour chart. There is also another bullish trend line on the daily chart now at 0.7930. […]
Confident Dudley Expects Rate Hikes Will Continue, Hurricane Effect To Provide Long Run “Economic Benefit”
New York Fed president William Dudley expects the Fed to proceed with its asset reduction plan at the September FOMC meeting. Dudley is upbeat on economy’s underlying trajectory and claims Hurricanes May Have Temporary Effect on Hike Timing. Federal Reserve Bank of New York President William Dudley said back-to-back hurricanes in the third quarter could temporarily […]
