Operation Twist By Another Name And Method?
The TIP/IEF ‘inflation gauge’ is still motoring upward after breaking above the SMA 200. If this turns the 200 up along with the MA 50 it could indicate a mini hysteria about inflation. The problem lately has been that the longest duration bonds have been relatively strong, putting a cap on yields and inflationary signaling, […]
BofA’s Apocalyptic Forecast: Stocks Flash Crash, Bond Bubble Bursts In H1 2018, War May Follow
Having predicted back in July that the “most dangerous moment for markets will come in 3 or 4 months”, i.e., now, BofA’s Michael Hartnett was – in retrospect – wrong (unless of course the S&P plunges in the next few days). However, having stuck to his underlying logic – which was as sound then as […]
Wal-Mart/Best Buy Lead Major Holiday Retailers
For today’s edition of our bulletin, we used our website’s advanced screening functions to search for data on major US retailers–Amazon.com, Best Buy, Target, and Wal-Mart–ahead of Black Friday and the kick off to the holiday shopping season. They are presented alphabetically. Best Buy and Wal-Mart are rated BUY. Amazon and Target are rated HOLD […]
Stocks And Precious Metals Charts – What’s Cooking, Doc?
This will be a holiday shortened week in the US markets for the national holiday of Thanksgiving on November 23. Trading will be light this week, especially after noon tomorrow. Plenty of room for the usual trading hijinks and shenanigans. Gold and silver were smacked down this morning in light trade, the dollar rallied, and […]
Natural Gas Stumbles Out Of The Gate Again
December contract natural gas prices are now down five out of the last six trading sessions as cold to end November and bring in December has been rather unimpressive. We continue to watch the gap below that bulls have thus far been able to defend, but a new short-term low today seemed to put it […]
XNET – Sky Rocket Or Pump And Dump?
The Chart of the Day belongs to Xunlei (XNET). I found the Chinese Internet software stock by using Barchart to sort today’s Top Stocks to Own list first for the highest Weighted Alpha, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 10/16 the stock has gained 298.12%. Xunlei […]
EUR/GBP – Headed Below 88 Cents?
The worst performing currency today was the euro, which fell sharply against all of the major currencies. Chancellor Merkel failed to secure a coalition after weeks of contentious negotiations and the talks collapsed over the weekend when the Free Democrats walked out. Investors interpreted the political uncertainty as euro negative and rightfully so because […]
Why Traders Are Watching Bonds
Video length: 00:11:39 Stocks quiet in holiday trading. In this video update we took the time to analyze the yield curve. Watch this video to find out what we discovered. This may shock you and have implications for the coming months…
Market Talk – Monday, November 20
Asia closed mixed in a fairly quiet session but ahead of what could be a wild week. The Nikkei’s decline was very much reflected in the Yen’s strength. Financials again weighed on the index but this is a reflection of both low volume of shares traded and the shape of the yield curve (2’s – […]
German Government Crisis Sends Stocks Soaring, Gold Down Most In 4 Months
Following Friday’s best day in 6 months, gold tumbled most in 4 months today as the German Government crisis sent investors fleeing any source of safe haven!!?? Sell bonds, sell gold, sell protection… Seriously… Video Length: 00:00:04 Before we get to the farce in US equities, let’s look at German stocks… Which is odd because […]
