Category Archive: Finance
Unmasking The VooDoo: Sentiment
Usually, when I discuss the major parts of technical analysis I’ll use an analogy of a table. Price is the top of the table and the most important part. The legs are volume, time and sentiment. They support price analysis but do not supplant it. Everyone gets price from patterns to trends to momentum. Everyone […]
Jackson Hole’d – Dollar Dumps To 2-Year Lows After 2 Million Ounce Gold Flush
The dollar today… Video length: 00:01:12 Summarizing the week’s moves: Dollar dump sparks buying binge in bonds, bullion, and stocks (but sinks FANG Stocks) Early gains – once again thanks to Gary Cohn confirming he is not resigning – topped out as Yellen’s speech was released. Once Europe closed, stocks went bid as usual, with some noise around […]
Here’s Why International ETFs Continue To Outperform
International stocks have been the real winners this year courtesy of cheap valuations and improving economic growth in many parts of the world. After outperforming in the first half, these stocks continued to outstrip the U.S. equity world since the start of the second half. This is especially true as Vanguard FTSE All-World ex-US ETF […]
Velocity “Magic”, Tax Receipts, And GDP
Reader Jeff asks “Since we appear to have record tax receipts in a record low-velocity environment, could we expect tax receipts to increase if the velocity of money picks up?” Velocity vs Tax Receipts Velocity is defined as (prices * transactions)/(money supply). Economists substitute GDP for (prices * transactions). Real GDP is a flawed […]
Let’s See If We Can Find A Reason Why The Plunging Dollar Isn’t Trump’s Fault
Ok, look… We’ve gotten to a place now where we’re all searching for reasons why we shouldn’t blame Donald Trump for adverse market outcomes. In other words, the default when looking at things that are directly influenced by policy decisions (think FX and yields), is to assume that the only data point which matters is the fact […]
Debunking Common Myths About Bitcoin
Bitcoin is a scam. It’s a Ponzi scheme. It’s a bubble. There’s nothing backing it. I’ve heard all these before. And I understand why some people are wary. At first, many people don’t understand why bitcoin has value. Today I’m going to give a detailed response to these criticisms. One of the most important features […]
5 Efficient Stocks To Buy For A Healthy Portfolio
Companies with favorable efficiency levels are poised to be on investors’ radar irrespective of market conditions as price performance is believed to be positively correlated with the efficiency level. Efficiency or the company’s ability to transform its inputs into outputs is an important measure to determine its financial condition. Ratios to Evaluate Efficiency Levels We have […]
One Of The Best Personal Finance Hacks You Would Least Expect
Despite popular belief, one’s inclination to pay off their mortgage as fast as possible isn’t necessarily a foregone conclusion. If for nothing else, one of the best personal finance hacks I have encountered promotes the idea of maintaining your monthly mortgage obligations. I’m convinced it may not be in your best interest to pay off your mortgage […]
US Dollar Tanks Taking EUR/USD Near 2017 Highs, Gold Price Jumps
We are slowly entering a time of increased seasonal volatility and the turn into September next week is sure to add a spark like we haven’t seen in sometime. On Sunday’s open, the market will begin to price in fully any ramifications from Jackson Hole. The initial take away of focus was that Janet Yellen might have effectively […]
