Stock Ownership Rate Plunges As Credit Card Debt Soars
The savings rate is at a 12-year low. Revolving credit is at a record high and the stock ownership rate has plunged. Stock Ownership Rate Collapses One way to support consumption is to sell your stocks. Many did just that. A May 2017 Gallup survey shows U.S. Stock Ownership Down Among All but Older, Higher-Income. Here’s […]
Eurozone Q4 GDP Rises 0.6% As Expected – EUR/USD Looks Strong
Robust growth continues in Europe: 0.6% q/q as expected. This comes on top of 0.7% in Q3. Year over year, the 19-country currency bloc saw a growth rate of 2.7%. The data for Q3 was revised to the upside, adding to the oomph. This is the first estimate that does include Germany, the largest economy. […]
Stellar Cryptocurrency: Google Trends Confirmed A Top In Price
While Bitcoin (BTC) holds its recent low confirmed by a jump in Google search activity, I decided to look to see whether Google Trends correlated with another cryptocurrency. Stellar is a relatively new entrant on the scene. The cryptocurrency made a big splash at the beginning of the year by rocketing into the top 10 of cryptos […]
Going To Cash And Position Sizing In Volatile Markets
Few people on the Internet that discuss trading talk about going to cash and staying out of the markets for an extended period of time. But the problem is the market doesn’t always trend higher with no volatility like it did from the election in November 2016 until now. Increased volatility occurs from time to […]
The Unusually Hollow Boom
For GDP, one big piece that’s missing, or what’s kept it at a lower rate than in the comparable 2014 period, is inventory. Three and four years ago, American businesses couldn’t get enough. They piled into it at a record pace. The reason they did was almost surely Janet Yellen, or at the very least […]
Gold Slips As Dollar Jumps
Gold prices fell $9.64 an ounce on Monday as the dollar edged up ahead of this week’s Fed meeting and U.S. jobs report. No rate hike is expected, however, markets will be focusing on the central bank’s assessment of the economy and inflation for hints on the timing of future rate hikes and policy adjustments. […]
Stocks To Trade: ACM, TECK, SLCA
Tuesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Aecom Technology (ACM) Long Tech Resources (TECK) Short US Silica (SLCA)
Visualizing History’s Biggest Crypto-Heists
The Japanese cryptocurrency exchange Coincheck had to admit having been targeted by hackers who got away with NEM coins worth half a billion dollars on Friday. As Statista’s infographic based on data by news agency Bloomberg shows, this wasn’t the first such heist. You will find more statistics at Statista In 2014, the crypto exchange Mt. Gox lost digital currency worth […]
AUD/USD Daily Analysis – Tuesday, January 30
AUD/USD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 0.7501. As long as the trend line support holds, the fall from 0.8135 could be treated as consolidation of the uptrend and a breakout of 0.8135 resistance could trigger another rise towards 0.8200. Near-term support is at 0.8055. […]
Active Vs. Passive Investing
Performance matters when it comes to investing. One question that is often asked when it comes to investing is: Active vs. passive investing, which is better? For many years we’ve watched thousands of individuals invest, and the vast majority who tried to make money by picking hot stocks or by market timing end up hurting […]
