Category Archive: Finance, No picture
Walgreens Boots Alliance Triangle Top
Image Source: UnsplashWalgreens Boots Alliance (WBA) is a right triangle top I’ve mentioned recently here as well as on my tastylive show. Nice to see this one down about 7% today – – a good start!More By This Author:X-DividendOne-Week U-TurnA Review Of ETFs And Market Movements On Day One Of Trading
Debt Jumps Past $34 Trillion, $1 Trillion Interest, Another Budget Showdown Looms
Image Source: PixabayLost in the wake of debt topping $34 trillion is another budget showdown. Will this showdown be like all the other Republican capitulations? And what about the chants of hyperinflation?Debt Blasts Past $34 TrillionData from US Treasury, chart by MishQ&A on Debt LevelsThe Committee for a Responsible Federal Budget has a nice Q&A on Gross Debt […]
Rates Spark: No Validation Yet For Rates To Fall – Means Only One Thing!
Image Source: PixabayWe continue to expect market rates to get lower in 2024, but let’s take this one step at a time. Evidence is mounting for a step higher in market rates first. The eurozone economy remains a 3% inflation one and the angst level on the US labour market remains low. It’s not all about […]
Stocks And Precious Metals Charts – Following That Madness Into Hell
Image Source: UnsplashStocks continued to wallow in weakness.The Dollar chopped sideways.Gold and silver continued to drift lower.VIX crept higher to the 50 DMA.Tomorrow is the Non-Farm Payrolls report with all its attendant hoopla.This may likely set the direction of the markets.The Great Beast incites the leaders of other nations into madness.The innocent are sacrificed to the […]
2024 Market Outlook And Thematic ETF Ideas
Image Source: Pixabay In this episode of ETF Spotlight, I speak with Jon Maier, Chief Investment Officer at Global X, about the market outlook and thematic investment ideas for 2024. Global X currently offers 109 US-listed ETFs, with over $43 billion in assets, including some very interesting ETFs in the thematic space.Heading into 2023, most strategists […]
Exposing The Price Level Myth
Image Source: Pixabay Price inflation statistics were a hot topic in 2023. Official measures, like the Personal Consumption Expenditures Price Index (PCE) and the Consumer Price Index (CPI), rose to levels not seen in over four decades.These measures were under commentators’ microscopes as recently as last week. The FRED Blog (run by the St. Louis Fed) briefly discussed how these […]
National Debt Tops $34 Trillion But So What?
Image Source: UnsplashOn Dec. 29, the national debt slipped above $34 trillion for the first time.On the date, the debt was $34,001,493,655,565.48, to be exact.But so what?Despite a few alarming headlines, nobody really seems to care. In fact, NPR did a story highlighting the supposed “benefits” of a massive national debt. The debt continues to increase at […]
Home Depot Stock Named A ‘Top Pick’ For 2024
Image Source: HomeDepot.com Home Depot Inc (NYSE: HD) has already gained over 20% since late October but a Wells Fargo analyst is convinced it can push further up in the coming months. Home Depot stock has upside to $385 Zachary Fadem named the home improvement retailer a “top pick” for 2024 in his research note on Thursday. His […]
What The Fed Accomplished: Distorted The Economy, Enriched The Rich And Crushed The Middle Class
Let’s summarize what the Federal Reserve accomplished since embarking on its massive interventions to control volatility, risk, bond yields, interest rates, the mortgage market, bank subsidies and liquidity, all of which can be summed up as the cost of credit-capital, that is, capital that is borrowed into existence based on some form of collateral or income […]
A 13% Climb For ‘struggling’ Gold, What Now In 2024?
Image Source: Pixabay Happy New Year to you all. This is our first update of 2024. What a way to start a year given gold ended 2023 with its first annual gain in three years, achieving around a 13% climb.Depending on what you read and who you listen to there were three commonly cited reasons as […]
