Gold’s Long-Term Analogies
A daily rally in gold, daily decline, daily turnaround and other daily price developments are both interesting and dangerous. Interesting, because nothing is as exciting as a big intraday move. Dangerous, because they can make one too emotional about a given trading position and lose the focus on the big picture (forgetting about the forest by […]
3 Top-Ranked Pioneer Mutual Funds To Buy Now
Pioneer Investments, which was founded 87 years ago, provides diverse investment products to its clients. In July 2017, Pioneer Investments was acquired by Amundi, Europe’s biggest asset manager. As of Sep 30, 2017, Amundi together with Pioneer Investments had more than 1.4 trillion euros of assets under management. It has investment hubs in London, Milan, Boston, […]
As Amazon Threat To Netflix May Lessen, Apple Viewed As Possible New Competitor
Amazon (AMZN) has scrapped plans to launch an online streaming service bundling broadcast and cable networks, according to media reports, with The Verge saying that the e-commerce giant has also denied that it is developing a free, ad-supported version of Prime Video. While this may lessen the threat to Netflix (NFLX), some now predict that […]
YY Inc – Chart Of The Day
The Chart of the Day belongs to YY Inc. (YY). I found the Chinese social communications stock by using Barchart to sort today’s 52 Week High list first by the highest Weighted Alpha, then I used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 10/27 the stock gained 8.20% YY […]
Wholesale Inventories Flat, Inventory-To-Sales Ratio Shows Hurricane Impacts
The Census Bureau reported wholesale inventories were flat in October. The bureau revised September from +0.7% to +0.6%. Hurricane impacts distorted the numbers, as well as mainstream media analysis of the numbers. The Econoday comments on wholesale trade are amusing. Business inventories were unchanged in September while sales however, tied largely to hurricane effects at the retail […]
Bitcoin: 2017 Trends And Its Future For Investors
Bitcoin has had an eventful 2017. Starting the year at just under $1,000 per coin, Bitcoin has recently spiked to over $7,000 this month. 2017 has marked an all-time high for bitcoin trading volume. The market for bitcoin never closes, and nearly anyone in the world with an Internet connection can be a participant. However, […]
What Inflation Means To You: Inside The Consumer Price Index – Wednesday, Nov. 15
Note: The charts in this commentary have been updated to include today’s Consumer Price Index news release. Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate” (full text). In effect, the Fed has been […]
Ethereum – Bullish Breakout Of Large Symmetrical Triangle Looks To Be Getting Closer
Long-term bullish setup Short-term bullish setup Bull trend continuation entry setting up for short-term From low volatility to high volatility Since June, volatility in Ethereum (ETH/USD) has been declining with a potentially bullish multi-month symmetrical triangle consolidation pattern forming over that time. Keep in mind that low volatility leads to higher volatility. The pattern seen […]
The Deep History Of Taxation May Surprise You
Two things in life are certain: death and taxes. So goes the saying. And yet despite that, the idea of the necessity of taxation is largely undisputed, “consent” to its use is, historically seen, new. How did it come about that tax evasion, first an act of protection against the abuse of government, is now […]
AUD/USD Bounces Along Channel Support Ahead Of Australia Employment
USD/JPY faces a growing risk of giving back the advance from the 2017-low (107.32) as it snaps the narrow range from earlier this week and it initiates a fresh series of lower highs & lows. Despite the unexpected uptick in the core U.S. Consumer Price Index (CPI), the ongoing batch of mixed data prints may […]
