Category Archive: Finance
Bitcoin, Ethereum Plunge Accelerates As Scaling Deadline Looms
Yesterday it was Bitcoin, today it is Ethereum that is taking the brunt of selling pressure (down 20%) but the dumping of virtual currencies is evident across the entire crypto space with the biggest market cap coins tumbling to 2-month lows… Once again it is the so-called ‘civil war’ that is weighing on the entire virtual currency space as we noted […]
How High Can The Euro Go On This Reaction – 116 Or 125-128?
This upcoming seminar in Frankfurt Germany will deal with both the short-term and long-term. This has been the Year from Political Hell, and it will not end until after the German elections. With the ECB finally throwing in the towel admitting (but certainly not publicly) that nearly 10 years of low to negative interest rates […]
Investment Opportunities In Eastern Europe
Introduction For the last five years, US stock markets have been a good place to invest. Over that period, the S&P 500 is up 77%. And in the last year, it is up 20%. But there are worrying clouds on the horizon: the price/earnings ratios are creeping up – the S&P 500 is now at […]
Momentum Rankings
Momentum rankings for last week (July 14) follow: Momentum Rankings The highest momentum rankings have been quite stable for the last three weeks. Biotech has been unusually strong.
Has This Time Been Different?
One of the main tenets at this space has been to cut away the extremes in your [equity] investing strategy. There are those who see market tops and imminent crashes everywhere, and then there are those who believe debt-financed share buybacks and dividend payments can continue to propel the market higher forever. They are both wrong, but the […]
Oil Forecasters Have To Work Harder
Those in the oil industry who take a long view increasingly worry about insufficient new supply. It’s hardly today’s problem, with crude oil back to the mid $40s as OPEC’s production cuts are offset by increased shale output. But depletion of existing fields is generally believed to take 3-4 million barrels a day (MMB/D) off […]
BofAML Clients Now Expect A Credit Selloff
Listen, here’s the thing: at some point, credit markets are going to wake up. Now I’ll confess I have no idea when that’s going to be and if the last 13 months have taught us anything, it’s the DM central bank liquidity tsunami is capable of keeping spreads near their post-crisis tights even in the […]
Why 125 USD Is Critical To Ethereum’s Bull Market
The price of Ethereum has collapsed in recent weeks. It touched $415 intra-day just 5 weeks ago. Now it is trading around $180, a 55 percent decline. Is this the end of the bull market in Ethereum? The answer to that question is very simple: Ethereum’s price must hold $180 and, ultimately, $125 in order to continue […]
Forex Critical: Speculators Ride The Wave Against The Japanese Yen
The Japanese yen (FXY) is the one major currency that has been notably weaker than the U.S. dollar for most of the past month. USD/JPY peaked in December, 2016, but it looks like the sell-off bottomed out in April. Source: FreeStockCharts.com Against the U.S. dollar, the Japanese yen was never able to reverse the Trump bump […]
