EUR/USD To 1.15
We continue to have our eye on EUR/USD which is vulnerable to a deeper correction. Its been trading in a very narrow range over the past week and has been relatively immune to the rising dollar. That should change in the near future as progress on U.S. tax reform lifts the greenback. The House Ways […]
What’s Behind Our Upside-Down Bizarro World?
It’s earnings season, and that means plenty of opportunities to make or lose money based on whether companies beat or miss expectations and how investors react to future guidance. Normally, this is a good time to profit from solid research and preparation. Companies doing well tend to rise, and those that fall short tend to […]
Stocks And Precious Metals Charts – The Court Of The Dragon
What is driving US equity prices now is classic bubble action. Stocks are being bought, not with regard to any fundamentals for the most part, but for the sheer momentum of ever rising prices by speculators. Having created this asset bubble, again, in conjunction with the financiers and Wall Street, the Fed is deathly afraid […]
Hormel (HRL) Is Worth A Look At These Levels
Income is central to my investment philosophy. Dividends help to mitigate risk, provide return when the overall market is stagnant, and provide income for reinvestment. I follow a group of stocks that have a long history (25+ years) of raising dividends. When a company is at or near 52-week lows, I look at the company’s financials […]
Valuations Are Dead, Here Is What Matters Now
Video length: 00:14:25 In tonight’s important video market update we look at how 5 stocks are really driving the market higher. Watch this video to find out how the markets are really working right now…
Square Inc. Q3 2017 Earnings Results Sink Shares
The Square Q3 2017 earnings results were released after closing bell tonight, and the company posted adjusted earnings of 7 cents per share on $257 million in adjusted revenue and $585 million in total net revenue. Analysts had been looking for 5 cents per share in earnings on $244.6 million in adjusted revenue. In last […]
Junk Bonds Dump To 3-Month Lows Amid Longest Curve Flattening Streak In 6 Years
Ignoring the surge in junk bond risk and collapse of the yield curve, stock investors were overheard saying… Video length: 00:00:02 Gold remains the post-Saudi-purge winner… Stocks rebounded today. The Dow has now been up 7 days in a row thanks to today’s last second ramp… But despite small caps bounce, they remain red on […]
Gold, Oil, Tax Reform, And The USD
Rick Ackerman is with me this week to look at the gold, oil and USD charts. We also assess the impact the of any tax reform and how it could impact the US markets. As a deflationist Rick is able to look at the charts and shares his thoughts on how some of the moves […]
NZD/USD Rises On Relatively Hawkish Forecasts
The Reserve Bank of New Zealand is in a transitional period. The previous governor, Graeme Wheeler, is out. In his place, Grant Spencer is only in an interim role. The new government led by Jacinda Ardern is planning a change in the mandate of the central bank, perhaps giving it an employment mandate. So in the interim period, […]
