Category Archive: Finance, No picture
E Elliott Wave Analysis: GBP/USD And Gold Update
Cable was hit hard recently, and decline may not be over yet within wave C/3 as current price move above 1.2750 seems slow so it can be a fourth wave that may find some new seller at around 1.2837. Only above 1.2950 we may say that bulls are back! GBP/USD, 1h As we can see […]
The Intolerable Scourge Of Fake Capitalism
All is now bustle and hubbub in the late months of the year. This goes for the stock market too. If you recall, on September 22nd the S&P 500 hit an all-time high of 2,940. This was nearly 100 points above the prior high of 2,847, which was notched on January 26th. For a brief […]
Why Natural Gas Prices Are Breaking Out
In August I warned of a disconnect between natural gas prices and supply risks. Prices have risen nearly 60% since, and may yet go higher. Major disconnects between prices and fundamentals don’t last forever. And when these disconnects revert back to the fundamentals, prices can move quickly and investors can make a lot of money. […]
In A Booming Economy, You Borrow And Build
We often forget the middle 2000’s was not uniquely a housing bubble. It commanded our attention because that’s what ended up affecting so many Americans personally; whether foreclosures or just the negative “wealth effect” of declining real estate values. This was also pretty easy to understand, an asset bubble though complicated in its full manifestations […]
Empire State Manufacturing Survey: Continued Growth In November 2018
This morning we got the latest Empire State Manufacturing Survey. The diffusion index for General Business Conditions at 23.3 was an increase of 2.2 from the previous month’s 21.1 . The Investing.com forecast was for a reading of 19.3. The Empire State Manufacturing Index rates the relative level of general business conditions in New York state. A level […]
What Is The Lindy Effect And How Can It Help Your Retirement?
A beginner’s look at the Lindy effect. The definition of the Lindy effect as follows; The Lindy effect is a concept that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy. […]
Levels And Trades For Gold And Oil Now
With Crude achieving a key weekly chart level, what’s the next play and additional levels for short-term intraday and swing trades? Video Length: 00:06:31
AUD/USD Continues To Eye September-High Despite Waning Retail Interest
AUD/USD appears to be making another run at the September-high (0.7315) as the 32.8K rise in Australia Employment instills an improved outlook for the region, and the exchange rate may continue to threaten the bearish trend from earlier this year as it takes out the series of lower highs & lows from late last week. AUD/USD CONTINUES TO […]
ETFs To Watch On Cisco’s Solid Results
After the closing bell on Wednesday, tech prime Cisco Systems (CSCO – Free Report) reported robust fiscal 2019 first-quarter results. The networking giant topped estimates on both revenues and earnings and provided an upbeat outlook. Results in Detail Earnings of 68 cents per share outpaced the Zacks Consensus Estimate by a couple of cents and improved from […]
Weekly Heating Oil Prices – Thursday, Nov. 15
We’ve used data from the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $3.35, unchanged from last week and up 6 cents since […]
