Category Archive: Finance, No picture
The New China And Gold
China has developed tremendously in recent years. But what’s next? Is the country entering the growth recession? And how it will affect the world and the gold market? A New Chapter in China We have not analyzed the publications of the World Gold Council for a while. Let’s make it up, starting with the newest edition of Gold […]
AUD/USD Daily Analysis – Thursday, Nov. 15
AUD/USD’s bounce from 0.7164 extended to as high as 0.7278, breaking above 0.7250 resistance. Further rise towards 0.7302 previous high is possible and a breakout of this level could take the price to 0.7350 area. Support is at 0.7200, only a breakdown below this level could trigger another fall towards 0.7100.
E CenterPoint Delivers Gas, Electric & Energy Services
This week I’m seeking the one and only dividend-paying stock from the utilities business sector for my Ivy portfolio. That utilities sector has five industries including diversified, independent, regulated electric, regulated gas, and regulated water. Today I’m reviewing a Large-cap regulated gas company, named CenterPoint Energy Inc. Its trading ticker symbol is CNP. CenterPoint Energy Inc […]
Gold Oil And Commodities… Back To The Future?
Before we look at tonight’s charts I would like to take a minute to discuss trading the three X leveraged ETF’s. Leveraged ETFs aren’t for everyone as they can be very volatile. These instruments are for those that can take a bigger risk and still come out OK when they go against you. For the […]
The Obvious Politics Of Downturn(s)
There was more than enough evidence that QE didn’t work fifteen years ago. The Japanese had accumulated these monetary experiments at the dawn of the 21st century. And there was even a time when US and Western central bankers were skeptical. What happened was 2008; a dislocation so big and widespread they had no choice but […]
The Energy Sector Could Be In For Some Reversals
Chris Vermeulen, Founder of The Technical Traders, shares his thoughts on the energy sector. With Oil in full breakdown mode, it is at strong support so a short-term reversal could be in the near future. As for natural gas, it is trading at levels not seen since 2014. A reversal here is also very possible. […]
What Amazon Said, What Amazon Meant
In September 2017, Amazon announced that it was planning to set up a second headquarters. It published a “Request for Proposal” that began: Amazon invites you to submit a response to this Request for Proposal (“RFP”) in conjunction with and on behalf of your metropolitan statistical area (MSA), state/province, county, city and the relevant localities therein. Amazon […]
Crude Oil Enters Bear Market As Low Demand Looms
In October, the price of Brent crude oil jumped to a high of $86.70. This was the highest level in more than four years. The reason for the increase was that Iran sanctions were expected to start in November. Therefore, investors expected that an exit from the oil market would reduce the amount of crude […]
Trading The Crown Reversal Pattern
(Video length 00:46:42) “One of the most fascinating lessons I have learned about life is that the struggle is good.” Crude Oil is bearish as it slowly makes its way back to yesterday’s low, and my goal is to use the high of this hidden channel for selling-opportunities tomorrow morning… E-Mini S&P is bearish, but trading […]
Even Though Macy’s Posts Decent Earnings, We Still Rate Stock A Sell
Macy’s (M) is one of the nation’s premier retailers, operating about 885 stores in 45 states, the District of Columbia, Guam and Puerto Rico, under the names of Macy’s, Bloomingdale’s, Bloomingdale’s Outlet and Bluemercury, as well as the macys.com, bloomingdales.com and bluemercury.com websites. Prior to June 1, 2007, Macy’s was known as Federated Department Stores. […]
