Category Archive: Finance
Gold Keeps Control Through Jackson Hole
There was a moment in Friday’s trading session for Gold wherein we said, “Oh no, here we again go, price losing control”. Here ’tis below (left arrow) in the sudden spate of nervousness leading into Federal Reserve Chair Yellen’s Wyoming remarks, wherein rather than talk rates, she assured us of the financial system’s safe state. From our […]
ETF Watchlist: Week Of August 28, 2017
You hear a lot in the marketplace about “buying the dip”. With the market continuing to sit near record high levels, the definition of what qualifies as a dip has grown narrower. Traders used to wait for the markets to drop at least 5%, and preferably more, before looking to pick up some bargains. Nowadays, […]
US Dollar Survives Yellen Speech, Looks On To Jobs Data
Fundamental Forecast for the US Dollar: Neutral US Dollar avoided outright breakdown on Yellen’s Jackson Hole speech Gold prices also held their range, hinting Fed rate hike bets remain alive All eyes now turn to payrolls, PCE inflation and revised GDP statistics The US Dollar spent most of last week in wait-and-see mode as markets braced for a […]
Weighing The Week Ahead: What Can Be Done To Create More Jobs At Better Pay?
We have the biggest data calendar of the year, climaxing with the employment report. It is right before the Labor Day weekend. It is a natural setup for politicians and pundits alike. Expect many to be asking: How Can We Create More Jobs and Better Pay? Last Week Recap My expectation that last week would […]
Technical Market Report For August 26, 2017
The good news is: The breadth indicators firmed up pretty nicely last week. The Negatives We saw a nice rally last week with the secondaries outperforming the blue chips and new lows dropping to non-threatening levels. The rally was consistent with the seasonal pattern which begins to deteriorate in the coming week. The first chart […]
Dealers “Wildly Overweight” SUVs As Sales Slow
The auto boom, one of the key components propping up consumer spending, has come to an end. Dealers are wildly overweight SUVs just as the market turned. As auto-industry growth stalls and family sedans go the way of the flip phone, one silver lining had been the trusty “crossover” SUV. Sales in the category boomed […]
Reading The Tape Of Ticker: Silver (SLV)
Reading the supply and demand points of a ticker can be done. It looks like silver is making a comeback. (Running length 00:07:16) Why you should care about silver? Here are two subjects to research. 1) Internet of things 2) Silver wire.
Grant Williams: “History Is About To Repeat Itself Again… And It Might Get Ugly”
Real Vision’s Grant Williams believes that the 76 million retiring Baby Boomers will trigger a major pension crisis. “With that potentially bad situation we could face,” the seasoned asset manager and co-founder of Real Vision TV said in a recent extended Metal Masters interview, “holding physical metal, somewhere safe, somewhere outside the banking system, is just […]
AUD/USD Forecast Aug. 28 – Sept. 1 2017
The Australian dollar stabilized on high ground, consolidating previous gains. What’s next? Australian capital expenditure and Chinese data stand out in a busier week. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australia’s CB Leading Index advanced by 0.5%, better than 0% seen beforehand. In the US, Trump’s talk hurt the greenback, despite […]
Here’s Why China Tech ETFs Are Surging
Global Tech stocks have been in the spotlight this year. Although U.S. tech stocks have performed strongly, their Chinese counterparts were better performers. U.S. tech sector of the S&P 500 has surged 17.15% in the first seven months of 2017 and remains the best performer. However, MSCI China Information Technology Index has gained more than 56% in […]
