Category Archive: Finance, No picture
Technical Market Report For December 21, 2024
The good news is: The market is oversold and ready for a bounce. The NegativesThe first chart covers the last 6 months showing the S&P 500 (SPX) in red and a 10% trend (19 day EMA) of NYSE new highs (NY NH) in green. Dashed vertical lines have been drawn on the 1st trading day […]
Golden Cross Death Cross: Skip The Hype, Focus On The Trend
Introduction: The Alluring Tale of Moving Averages The “golden cross” and “death cross” have enthralled many market participants for decades. You see the headlines: “The Golden Cross Is Here—Stocks Likely to Skyrocket!” or dire proclamations like “A Death Cross Has Emerged—Brace for the End!” But how often do these events deliver, and how usually do they […]
Quantum Supremacy
As longtime readers know, I am working on a book outlining five different theories on historical cycles and how their predicted “climaxes” all occur around 2030. I’m also very concerned that around that time (if not before) we will see the bond market react badly to the fast-growing national debt. While my poor editors at […]
Top 3 Best ETFs For Value Investors In 2025
Exchange-traded funds (ETFs) had a strong performance in 2024 as inflows surged by over $1 trillion. Most of these inflows were in active and crypto-focused funds like Bitcoin’s IBIT and FBTC. So, this article looks at some of the best ETFs for value investors to buy and hold in 2025. VanEck Wide Moat ETF (MOAT)Warren Buffett […]
Is 2024 Similar To The Latter Stages Of The Internet Bubble?
Has the AI craze resulted in an unsustainable rise in the NASDAQ similar to the 1998-2000 period, just before stocks plunged 50-70%?Video Length: 00:18:45More By This Author:Weak Breadth & Inflation: Overblown Or Concerning?Are Stock Market Investors Overconfident?Is A Major Shift Taking Place In The Stock Market?
Markets Reject Fed Christmas Gift
Gold closed this week at $2,625 (down about $25 since last week) and silver at $29.55 (down about $1.05). The Fed cut rates in time for Christmas but stock markets dropped on the news, spoiled by promises of bigger cuts in 2025. Video Length: 00:15:01 More By This Author:Gold Holds Above $2600Dismantling The Dollar Brick By BrickSilver […]
Micron’s Revenue Forecast Misses By $1 Billion, Stock Drops
Image Source: UnsplashMicron Technology (MU) recently issued a financial outlook that fell short of Wall Street’s expectations, causing significant shifts in its stock performance. The company projected its fiscal second-quarter revenue to be around $7.9 billion, which is below the anticipated $8.93 billion as per analyst consensus. Additionally, Micron forecasted diluted earnings per share (EPS) between $1.16 and […]
S&P 500: New Highs, Yes. But Weaker Internals Suggest Caution
Image Source: UnsplashThe broad stock market, as measured by indices such as the S&P 500, continues to probe new all-time highs. Last week, there was a positive catalyst in the form of the CPI number, which was benign enough to raise hopes for a further rate cut by the Fed. There is support at 6,010, with […]
A Mini-Depression Is On The Horizon
Image Source: UnsplashStocks had a massive pullback this week following the FOMC’s decision to cut rates by 25 basis points. The Dow Jones extended a 10-day losing streak, the longest since the 70s.Video Length: 00:40:46Key topics and questions David and I talked about include: 0:00 – Market recap 0:50 – Bitcoin: Where do I see the trend for Bitcoin going […]
Powerful Gap Fill
Image Source: UnsplashAwwww, shoot. I was having so much fun, too! Anyway, as I feared, once the DIA gap was filled, the market exploded into the opposite direction. At least my prediction for a bottom in a week still has a chance, since the free fall has stopped.More By This Author:The Uniform Comes OffNovo Nordisk ShortFully Beaten
