My Secret Sauce For Crypto Success
The key to making money in cryptocurrency is simple. Buy. Hold. That’s it. Yes, you need good security too. But the most important thing is simply being able to hold on during volatile years. Many are tempted to take profits after they’re up 2X or even 5X. Both would be a mistake (unless you desperately […]
It’s Approaching A Record, But Not For Expansion
Home construction activity bounced back in October from several months of appreciable weakness. It may have been hurricane related where plans and projects delayed by the path of Harvey and Irma were finally cleared to resume. More likely, in my view, it was just the normal variation that the construction figures always have exhibited. Total […]
Walmart Nation: Mapping The Largest Employers In The U.S.
In an era where Amazon steals most of the headlines, it’s easy to forget about brick-and-mortar retailers like Walmart. But, even though the market values the Bezos e-commerce juggernaut at about twice the sum of Walmart, the blue big-box store is very formidable in other ways. For example, revenue and earnings are two areas where […]
Stocks And Precious Metals Charts – The Willful Mispricing Of Risk
Today was a stock options expiry. Gold and silver rallied smartly, back up to the levels where they roughly were before they were bushwhacked on the Comex into the FOMC meeting and Non-Farm Payrolls boogie woogie. I guess the theory that this smackdown of gold to retest 1270 earlier this week was a gambit ahead […]
The Natural Gas Gap Continues To Hold
The natural gas gap held again today as the December natural gas contract bounced off it and rallied a bit through the day on marginally colder weather forecasts. Some of the move was weather-driven, as the front of the strip saw the largest gains and parts of the rally coincided with American modeling guidance, but […]
Unmasking The VooDoo: Trends
When discussing technical analysis and trends, the erudite snoots among us, which unfortunately can include me, like to talk about physics. Objects, or trends, in motion will stay in motion unless acted upon by an outside force. That’s inertia and yes, markets have it. How else do we explain momentum stocks, let alone bubbles? As […]
Market Talk – Friday, November 17
The tax reform bill passing the US House yesterday certainly added to sentiment, after great earnings releases for markets but Asia need more help for cash today. Having opened strong all core markets then drifted and even saw the Nikkei trade negative. For the week it closes down 1.3% which has broken a two month […]
