S&P 500 Sets Another Record, But This May Be Short-Term Top
Briefly: Intraday trade: Our Monday’s intraday trading outlook was bearish. It proved partly wrong, because the S&P 500 gained just 0.2% following slightly lower opening of the trading session. The broad stock market continued its short-term uptrend, but it remained within a relatively narrow trading range. There have been no confirmed negative signals so far. […]
The Fundamental Shift Underway In Energy
I am happy to introduce a new guest to the show, Gianni Kovacevic. Gianni is an active investor and well regarded in the commodity space as an expert in the energy sector. In this interview Gianni provides some data showing the fundamental shift in the energy sector towards more renewable energy sources while still understanding […]
Hypermarcas S.A. Has Good Pharma
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week’s slot in the Safari portfolio is reserved for the […]
20 Of Europe’s Hottest Fintech Start-Ups To Watch In 2018
I really liked this article by John Kennedy over at Silicon Republic, and decided to reproduce it here as it’s fitting for the kickoff of 2018. Who are the fintech start-ups in Europe worth banking on in the year ahead? Europe is in the grip of a fintech revolution and 2018 is set to be a pivotal year, […]
Technically Speaking: Early Warning Signs In COT Positioning
This past weekend, I discussed the surge in market exuberance in terms of both individual and professional investors. Of course, such surges in exuberance is generally indicative of the “capitulation phase” as the last of the “holdouts” finally jump back into a market which “can seemingly never go down.” But therein lies the danger. It worth noting that despite the “hope” of more fiscal […]
Oil Price Rise
WTI crude prices pulled back from a critical technical level after coming within a couple of ticks of the 6258-high hit in May of 2015. Back then oil topped before a collapse in price as three bearish factors caused oil to fall. The first was worries about the future of the European Union. Fears that […]
NFIB Small Business Survey: A Record 2017
The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for December came in at 104.9, down 2.6 from the previous month. The index is at the 96th percentile in this series. Today’s number came in below the Investing.com forecast of 108.4. Here is an excerpt from the opening summary of the […]
The Difference Between A Bitcoin And A Tulip
Over the festive season, the conversation in my household inevitably turned to the phenomenal rise – and fall – in the US dollar price (exchange rate) for Bitcoin during December (Figure 1). The roller-coaster ride of the blockchain-based currency has been front-page news for the mainstream media, where it has been both likened to and disassociated from the boom-and-bust of the infamous 1637 […]
WTI December Trend Lines Form The POC Zone
The WTI is currently getting close to its December trend lines, and it might be either make it or break it. The POC zone ( Weekly camarilla pivot, D L4, 78.6) is sitting precisely between W H1 and W L1 levels, minor camarillas that usually provide a breakout direction on the instrument. 61.50-70 is the […]
Consumer Credit: Largest Gain In 16 Years And Well Ahead Of Expectations
Economic data coming out of the United States continue to show a robust consumer-led expansion. The latest consumer credit report for November 2017 showed the largest monthly gain since November 2001, with outstanding consumer credit rising by $27.95 billion. Expectations were for $19 billion. On the back of strong economic news, interest rates have been […]
