A Gold Price Forecast For 2018
What will the gold price do in 2018? That’s the question top of mind of investors after both bulls and bears got confused this year: gold moved from a breakout to a breakdown situation. Gold made investors bullish this year only to result in strong bearish price action subsequently. Given the recent neutral trend in […]
There Are Things Underfoot In The Market That Could Cause Some Scares
As we like to say at Tematica, the stock market is much more like a good movie than a photo in that there are several story beats with a developing plot that can have a few twists and turns. In keeping with our Connected Society and Content is King investing themes, we would say the market is resembling Netflix’s […]
Forex Strength And Comparison Week 46 / 2017
In the Currency Strength table, the CAD was the strongest currency while the AUD was the weakest. There were some significant changes last week with the GBP and CHF gaining 2 points and the USD losing 3 points. The other currencies remained around the same level of last week with a maximum change in the strength of just […]
Correction Phase In SPX Not Over
On Nov. 7, SPX appeared to make a short-term top at 2597.02 which was re-tested successfully the next day at 2595.47 before pulling back sharply down to the 2566 support. It was unfortunate that we did not go a little higher on the second top, since it looked as if an ending diagonal triangle was […]
Crypto Chaos Explained – Bitcoin Crashes As ‘Cash’ Tops Ether For First Time
Bitcoin collapsed overnight, trading as low as $5555 – down 30% from its highs – before bouncing back above $6000, as Bitcoin Cash soared to as high as $2450 (4 times its price on Friday), overtaking Ethereum briefly as the second largest market cap cryptocurrency. image courtesy of CoinTelegraph Bitcoin has lost around $30 billion in market […]
A “New” Marijuana ETF Is On The Way
In 2012, Washington and Colorado became the first states to legalize recreational marijuana use. By 2020, it’s expected that marijuana will grow to a $21 billion a year industry. ETF investors who have been clamoring for a good way to get in on the cannabis trend have largely been unserved. There’s the recently launched Horizons […]
Equity Corrections Will Occur Again, Maybe Sooner Than One Expects
If there is one factor that perplexes me about the current market environment it is the lack of volatility since the election. The last time the market experienced a greater than 5% correction was in June of 2016 and the last double digit pullback was in February 2016. Going back to 1980 the average intra-year […]
Breadth Declining
Breadth calculated between the most bullish and bearish stocks on Twitter is declining. The culprit is the count of bearish stocks. It’s slowly creeping up even as the market rallies. Sentiment for the S&P 500 Index (SPX) is bouncing between extreme optimism and neutral. The behavior is similar to the rally from November 2016 to […]
Forex Forecast: Pairs In Focus – Sunday, Nov. 12
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Forex Weekly Outlook – November 13-17
The US dollar fell across the board last week following the report that Senate Republican leaders are considering a one-year delay of the tax cut. This pushed the US dollar to a one-week low against the Yen and plunged the US stock market further. “The delay to the tax cut by one year is certainly a […]
