Long-Term Cycle Setting Up Well For Gold
I received a number of comments asking me to have David Vincent back on the site after our initial call about a month ago. In this interview, we look at the long-term charts for gold where David outline the long-term cycles. Check out the charts below to follow along with David’s comments. Audio Length: 00:15:14 […]
The Delirious Dozen Of 2017
Yesterday we noted the massive market cap inflation and then stupendous collapse of the Delirious Dozen of 2000. The latter included Microsoft (MSFT), Cisco (CSCO), Dell (DVMT), Intel (INTC), GE (GE), Yahoo (YHOO), AIG (AIG) and Juniper Networks (JNPR)—plus four others which didn’t survive (Lucent, WorldCom, Global Crossing and Nortel). Together they represented a classic blow-off top in the […]
Malaysia’s GDP At 3-Year High: ETFs In Focus
Malaysia’s Department of Statistics said that the country’s GDP grew 6.2% year over year in the third quarter of 2017 compared with 5.8% in the second quarter and 4.3% in the year-ago quarter. The Malaysian Ringgit increased after the data release. Malaysia’s central bank, Bank Negara Malaysia, left its Overnight Policy Rate (“OPR”) unchanged at […]
Crypto Mania – An-In-Depth Sober Analysis
Written by Brian Langis For someone who has lived through the dotcom bubble, the madness currently unfolding in the crypto space is just plain breathtaking. It is quite awe inspiring to see people make the exact same mistakes they made 17 years ago. Of course, today’s investors are likely different people who, for the most part, […]
Yesterday’s Rally Broke Above The Recent Highs
SPX Monitoring purposes; Sold SPX on 11/17/17 at 2578.85 = gain of .55%; long 11/15/17 at 2564.62 Monitoring purposes GOLD: Short GDX on 11/13/17 at 22.56 Long Term Trend monitor purposes: Neutral. The bottom window is the three day average of the Equity Put/Call ratio. Readings near .58 and lower usually stalled the market short-term. […]
Quick Market Thoughts Before Thanksgiving
The AAA is projecting that almost 90 percent of travelers, or 45.5 million, are planning a Thanksgiving road trip (self-driving – as in driving ourselves), up 3.2 percent from last year. Please be careful and have a wonderful holiday weekend. When Robert Muller III (who is in the news quite often in his new role), […]
Good Fishing: Retail Apparel
Retail. Is. Alive. Those who read me, know how bullish I have been the past few months in the Retail space – not just on oversold retail Apparel, Big Box and Automotive plays but extremely oversold apparel accessory plays: LB, ANF, URBN, GES, GPS, AEO. Most recently I even initiated swing longs in M and JWN, […]
Dollar Dives To 6-Week Lows As Fed Fears Market ‘Partying Like It’s 1999’
1999-like parties are breaking out everywhere across financial markets… Video length: 00:03:45 First things first, US Financials Conditions are partying like its way easier than 1999… The Philly Semiconductor index is partying like its 1999… But what happens next? Meltup time? S&P 500 Valuations are partying like its 1999… The spread between German and US bond […]
Stocks Mixed In Subdued Action Ahead Of Thanksgiving
U.S. stocks were mostly lower, though the Nasdaq was able to tick higher with volume subdued ahead of the Thanksgiving break. In equity action, a flood of mixed earnings reports were highlighted by Deere & Co, while in economic news, a drop in durable goods orders was met with upward revisions to the prior month’s […]
