Category Archive: Finance
Market Timing Using The Dow Jones’ 200 Count
The Dow Jones made its last all-time high (BEV Zero) on August 7, and for the past fourteen trading sessions the Dow, moving in tiny baby steps, hasn’t moved further than 2.01%. Following this market is like watching paint dry, and it’s been that way for weeks. But about the time you believe you have […]
Silver Price Forecast 2018: Dollars Relative To Silver Price Points To Much Higher Prices
Silver is currently trading around $17 an ounce. This is around 34% of its 1980 all-time high of $50. However, this is an incomplete representation of what silver is really trading at, relative to US dollars. When you look at the silver price, relative to US currency (the amount of actual US dollars) in existence, […]
Which Food Stocks Should You Buy Amid Grocery Industry Woes?
The grocery industry has been grappling with several challenges like stiff competition, and aggressive promotional environment of late. Traditional grocery rivals are strengthening their franchises and outside players are offering alternative outlets for food and other staples. Customers are becoming more inclined toward private label products as they are low-cost alternatives to national brands. Food […]
Gold Prices Press Higher As Yellen Remains Mute On Policy – NFP On Tap
Fundamental Forecast for Gold: Neutral Gold prices eye fresh yearly highs as Yellen offers no policy guidance What’s driving gold prices? Review DailyFX’s New 3Q Gold Projections Gold prices were higher last week with the precious metal up 0.48% to trade at 1288 ahead of the New York Close on Friday. Price action last week remained uninspiring until Friday’s […]
“Time To Dump U.S. Stocks?”
This week the cover of Barron’s had as one of its headlines “Time To Dump Stocks?” This should not be ignored. Having been an avid Barron’s reader for 3 decades, I would describe such headlines as… …not usually very timely, …frequently correct, …and usually a good indication of institutional sentiment. With that in mind, consider […]
Uptrend Resumption Or Rally Fizzle?
Current Position of the Market SPX Long-term trend: The uptrend should continue after pausing for a correction. SPX Intermediate trend: “An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate term correction into October.” The correction has started. Market Overview: After the 20-wk (40-wk?) cycle made […]
Matt King: Global QE And “ETFs Everywhere” Have Created An Unstable, One-Way Market
While the financial industry remains divided over what precisely is the cause of the malaise that affects modern markets, characterized by plunging volumes and trading activity, record low volatility and dispersion, a relentless ascent disconnected from fundamentals, and generally a sense of foreboding doom, manifested by an all time high OMT skew – or record […]
E The Greek Economy Is Finally Growing Again, But Not Very Quickly
“Greece, long Europe’s economic problem child, is trying to prove that it has made progress in its recovery efforts by announcing plans to sell debt for the first time in years. The proposed bond sale, the details of which were released on Monday, offered hope that Greece might at last be preparing to wean itself off […]
Risks For This Asset Class Are Asymmetrically Skewed To The Downside
Just a quick note on emerging markets. We’ve talked a lot lately about the extent to which EM credit weathered the storm a bit better than HY this month as Trump turmoil and heightened risk on the Korean peninsula catalyzed a bout of risk-off sentiment – or, perhaps more appropriately, “what counts as risk-off sentiment these days.” […]
The Best Trump Trade Wasn’t Made In America
Sometime a picture says it all. This week’s Market Outlook commentary is simply the observation you choose to find in this chart. All politics aside (although they are likely the driving force behind these trends). The chart illustrates the percent change trends of key markets since President Trump’s inauguration.In an effort to avoid misrepresenting the […]
