How The Fiduciary Rule Can Make You Money
The Post-DOL world is here. Despite delays, certain elements of the fiduciary rule are already in place. With full implementation scheduled for July 2019, figuring out how to deal with the fiduciary rule is the top priority for many firms and advisors. Here’s how you turn this regulatory bombshell to your advantage. Don’t Fight the Inevitable Many […]
The Risks Of Being A One-Product Company
Look no farther than the performance (even in this ridiculous market) of GoPro… …or FitBit…
Then There Is The Dollar
Oil prices pulled back after Brent Crude hit its $70 objective and Chinese crude oil imports hit a record high but was a bit shy of expectations, but still strong as global demand is surging, global supply is falling and then there is the dollar. The dollar index hit the lowest level since September and […]
Euro Advances To Three Year High On German Coalition Agreement
The Euro jumped to a three-year high on Friday following the preliminary agreement reached by Angela Merkel led political party with another party to form a coalition government that has stalled the administration for months. The Euro rose against most of the G10 currencies after the report was made public, breaking the 1.2116 resistance level for […]
Core Consumer Prices Rise Faster Than Expected As Rents Accelerate
Following deflationary prints in import prices and producer prices, core consumer prices came in modestly hotter than expected. Core CPI printed +1.8% YoY – highest since April 2017 – as shelter costs re-acclerate. Headline SPI rose just 0.1% MoM (as expected) but notable slower than the 0.4% MoM rise in November. The index for all items […]
As Sisyphus Fails Gold Will Ascend
Welcome to 2018 – a year that will be the culmination of at least 105 years of mismanagement of the Western financial system by governments, central bankers and the elite. 2018 will be a year of major volatility in many markets. Stocks are now in a melt-up phase and before the major bear markets start […]
The US Dollar Is Under Pressure
The US dollar index (DX) fell to a three-month low yesterday. The US currency fell against the major currencies. Yesterday, consumer price indices were published, the values of which were lower than forecasted expectations. The US dollar is also under pressure due to the increase in the number of jobless claims. Today will be important […]
Gold Reached The Full ATR Projection
Gold has reached the full ATR projection boosted by the positive EUR flow and weaker USD. According to Admiral Correlation Matrix, we see a very positive correlation between EUR/USD and Gold on last 500 H1 bars. At this point, we could see a retracement from the top 1333.40 and if the price breaks 1326.70 to the […]
Crude Oil Rally Pauses As Investors Await Trump’s Iran Decision
Yesterday, the price of WTI and Brent crude oil reached new three-year highs. The recent surge is attributed to four reasons. First, this week, the American Petroleum Institute reported a huge withdrawal of 11.2 million barrels of crude oil. Second, the Energy Information Administration (EIA) released data showing a reduction of 4.9 million barrels of […]
Gold & Silver- Potential Monster Bullish Pattern Says Joe Friday
Below looks at the ratio of Silver to Gold over the past 30-years. Metals bulls historically receive a bullish message when this ratio is moving higher. Back in 2011, the ratio hit highs that took place in the early 1980’s and its been downhill for Gold and Silver ever since. Could the long-term trend in […]
