Category Archive: Finance
Harvey Silver Lining: Odds Of Government Shutdown Fall To ‘Just’ 35 Percent
Well, if you were looking for the silver lining in the catastrophic flooding that accompanied Hurricane Harvey, Goldman is happy to oblige. As expected, analysts of all stripes have bent over backwards this week to try and quantify the impact of the storm on whatever sector or asset class they happen to cover although it […]
Moscow Rules (For ‘Dollars’)
In Ian Fleming’s 1959 spy novel Goldfinger, he makes mention of the Moscow Rules. These were rules-of-thumb for clandestine agents working during the Cold War in the Soviet capital, a notoriously difficult assignment. Among the quips included in the catalog were, “everyone is potentially under opposition control” and “do not harass the opposition.” Fleming’s book […]
Is The US Economy Doing Just Fine?
With or without Trump’s help, the US economy is doing just fine. What does that mean for the US stock market? Consider Urban Carmel: “No Reason to Suspect Bull Market Has Ended” “The reality is that bull markets end when economic expansions end and the balance of the evidence suggests that the economy continues to expand…on […]
Vice Index – Consumer Spending & Confidence Rolling Over
Vice Index Data: Downshifting One of the important aspects of the U.S. economy is that recent business cycles have been longer. But also shallower. I believe that the internet is playing a big role in this “lower-for-longer” phenomenon. Increased communication that is the essence of the internet has also meant: a) Pricing power reduction: Consider what […]
Get Out Now
Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB) DOW + 56 = 21,865 SPX + 2 = 2446 NAS + 18 = 6301 RUT + 2 = 1384 10 Y – .02 = 2.14% OIL – .11 = 46.33 GOLD – .90 = 1309.60 Top Cryptocurrencies Name Symbol Market Cap Vol. Total Vol. % Price […]
Short Term Bull, Longer Term Trapdoor
An eventful 24 hours after North Korea shot a missile over Japan. In tonight’s video let’s review the overall market and what to expect next. Also, a review of AMZN, FB, GOOGL, MSFT, and AAPL which are the big 5 stocks leading this market. Where these stocks go so does the rest of the market. Watch […]
Stocks And Precious Metals Charts – Principalities And Powers
“Surely, there is at this day a confederacy of evil, marshaling its hosts from all parts of the world, organizing itself, taking its measures, enclosing the church of Christ as in a net, and preparing the way for a general apostasy from it. Whether this very apostasy is to give birth to Antichrist, or whether […]
Three Top Healthcare Mutual Funds For Bipartisan Reform
Even with the uncertainty of the Affordable Care Act’s (ACA) future, the Healthcare sector has been one of the top performing segments in 2017. Currently, there are two plans in motion with Republicans attempting one more time to repeal the act, and a second plan more geared at a bipartisan solution. Committee meetings are expected […]
25 Oil Tankers Stuck In Gulf, Unable To Offload Due To Harvey Port Closures
According to ship-tracking data compiled by Bloomberg, coupled with MarineTraffic real-time tracking, at least 25 tankers carrying almost 17 million barrels of imported crude oil are drifting near Texas and Louisiana ports, unable to offload because of closures from Tropical Storm Harvey. Source: coupled with MarineTraffic real-time tracking A Bloomberg further details, 20 Aframaxes, 3 VLCCs, 2 Suezmaxes […]
Bears Stopped Dead In Their Tracks
Today’s gap lower was a big test of the strength of the bull market. It appears to be obvious that the bulls passed the test by staging a very impressive rally from under many key support levels to closing well above them and even up on the day. Additionally the related markets that help measure […]
