A Little Euphoria?
The bears had an opportunity to start correcting the uptrend that started at 2000 on June 27 which was, by the way, the two-day 113-point bottoming action of a 20-wk cycle. But seasonality and other causes kept this 20-wk cycle from fully extending and made it bottom with the shortest span since 12/14. Furthermore, […]
USD/JPY Entrenched In Range – Forecast Jan. 8-12 2018
Dollar/yen did not go anywhere fast in the first week of 2018. The US dollar was down against many currencies despite good data, but this did not affect USD/JPY. The stability came despite a busy week to start the year. Will the pair move now, when the calendar is lighter? USD/JPY fundamental movers Good US data, balanced Fed […]
6 GARP Stocks To Invest In For Maximum Returns
Investors on the lookout for stocks with the potential for maximum growth and value investing may consider the growth at a reasonable price or GARP strategy. This popular strategy helps investors gain exposure to stocks with impressive growth prospects that are trading at a discount. GARP investing employs popular value metrics – price-to-earnings (P/E) and […]
What Will The Fed Do If The Yield Curve Inverts? Goldman Answers
The yield curve has been the talk of the financial universe for months now because, well, because it’s collapsing and by many accounts has a date with inversion. Historically speaking, that’s a bright red flashing light vis-a-vis the economy. The December Fed minutes suggest everyone spent a fair amount of time debating exactly what the […]
Trading Support & Resistance – Jan. 7
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over […]
Crude Oil Price Falls From 3-Year High On Swelling US Supplies
Fundamental Forecast for USOIL: Bullish Talking Points: Hedge Funds load into long Brent Crude Bets on move to 3-year closing high Per BHI, U.S. Oil Rig Count falls 5 to 729, helping stem concerns of US overproduction Crude Oil Price Forecast: Price Near 3 Yr. Highs On Strong US Demand IGCS showing net-short retail positioning in […]
Buckle Up: NYSE Files For Leveraged, Inverse Bitcoin ETFs
In a move that will certainly not end well for investors, the New York Stock Exchange has asked the SEC to approve five ETFs including 2x leveraged and inverse flavors, linked to Bitcoin futures – which launched in December on the CME and CBOE, according to a Thursday filing, which is in line with what we said mentioned […]
2018 Opened With A Bang – Week In Review
2018 opened with a bang! Not only did the major averages continue to hit new record highs, there was no selling to speak of. Clearly, this is very strong action and it tells you that the bulls remain in control as sellers are virtually nowhere be seen. What does that mean for 2018? Based […]
2018: So Far, So Gold
A new year and a new look for the above Gold Scoreboard, incorporating both our conservative and aggressive forecast highs for 2018. Also at right, we’ve added that which we’ve often referred to as “Gold’s most important graphic”: the millennium-to-date track of the U.S. money supply (“M2”) vs. the clearly lagging price of Gold. Quite […]
