Stop Searching For The Holy Grail
In a recent post, I came to the following conclusion: “the notion that simply ‘following the trend’ in Gold will lead to vast riches is a false one.” I made this statement after analyzing a simple trend following system (going back to 1975), using the 200-day moving average as a signal of when to get […]
There’s (Still) Deflation In Hyperinflation Forecasts
Is it just me or has there been a resurgence in the number of people who worry about hyperinflation? I don’t engage in these conversations too often anymore because they’re almost always the same. That conversation usually goes something like this: Inflationista: The government has destroyed our purchasing power by printing too much money! CR: […]
The Cost Basis Of Our Economy Is Spiraling Out Of Control
What will it take to radically reduce the cost basis of our economy? If we had to choose one “big picture” reason why the vast majority of households are losing ground, it would either be the stagnation of income or the spiraling out of control cost basis of our economy, that is, the essential foundational expenses of […]
Asian Markets Stall On Mixed Data
Asian stock markets were mixed on Tuesday following a choppy session in New York on Monday and after news that the Reserve Bank of Australia kept its cash rate stable at its December policy meeting. On Wall Street, the technology sector struggled on Monday, falling 1.9 percent and causing the benchmark S&P 500 to close […]
Will Dividends Or Interest Boost My Retirement Savings More?
In a well-diversified portfolio, you normally have three different type of earnings — appreciation, dividends, or interest. “Appreciation” is the growth in the value of your investment based on the market going up. Income investors receive “dividends” or “interest” on their investments. INTEREST Interest is what you earn on money you lend out. For example, when you […]
Brexit: Theresa May Failure To Reach Agreement EU Plunges Pound
U.K. Prime Minister Theresa May failure to reach an agreement with the European Commission President Jean-Claude Junker on Monday deepened Brexit uncertainties. The talks which broke down after Arlene Foster, the DUP leader, ruled out any deal “which separates Northern Ireland economically or politically from the rest of the United Kingdom”. Took a surprise turn […]
Forex Strength And Comparison Week 49 / 2017
In the Currency Strength table, the GBP was the strongest currency while the NZD was again the weakest. There were some significant changes last week with the USD, GBP, AUD and CAD gaining 1 point, the JPY losing 3 points and the EUR losing 1 point. The GBP showed a good performance during the whole […]
USD/CAD Daily Analysis – Tuesday, December 5
USD/CAD moved below 1.2666 support. Further decline would likely be seen and next target would be at 1.2600 area. Below this level would aim 1.2433 support. Near-term resistance is at 1.2750, only break above this level could trigger another rise to test 1.2916 resistance.
Stocks To Trade: HDS, ROK, KLAC
Tuesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long HD Supply (HDS) Short Rockwell Automation (ROK) Short KLA-Tencor (KLAC)
In Search Of The Mythical Vol. Spike
Where next for vol.? Nowhere. Unless it’s lower. Of course. That’s how things work. That’s how things have to work. That’s how things must work. Because as Citi recently put it, “trades and strategies which explicitly or implicitly rely on the low-vol environment continuing are becoming more and more ubiquitous.” That ubiquity begets feedback loops – i.e. self-feeding dynamics […]
