Speculator Extremes: Lean Hogs, AUD, 5-Year & 2-Year Bonds Lead Bullish & Bearish Positions Here Are This Week’s Most Bullish Speculator Positions: This Week’s Most Bearish Speculator Positions:
The latest update for the weekly Commitment of Traders (COT) report was released by the Commodity Futures Trading Commission (CFTC) on Friday for data ending on November 5th.This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.To signify an extreme position, […]
Stocks Are The Most Overpriced In 100 Years
Image Source: Pexels Today’s guest expert wrote in her latest newsletter: “This month, animal spirits surged on bets that artificial intelligence and central bank rate cuts can solve the problem of spreading insolvency.” She is highly dubious that they can.And if indeed they cannot, what then lies ahead for the economy, for the markets, and for […]
Chegg Stock Price Outlook: Could CHGG Surge 75% After Earnings?
Image Source: Pixabay Chegg stock price has imploded as it became one of the biggest victims of the artificial intelligence craze. CHGG shares have crashed by over 80% this year and by almost 100% from its all-time high of $115. Its market cap has crashed from $115 in 2020 to $116 million today. Chegg stock and […]
WMA: Bitcoin Hits $80,000 And The Market Booms Amid U.S. Elections Results
Image Source: Pexels This Week’s Summary The crypto market ends the week at a total market capitalization of $2.74 trillion. Bitcoin increased by over 17% to trade at around $80,000. Ethereum is up by over 30% to trade above $3,000 again. XRP is up by 23%, Cardano by 87%, and Dogecoin by 63%. Almost all altcoins […]
What Do Major Sector ETFs Say Now?
NOTE: Weekly charts except for TLT and BTCUSD, both Daily chartsConsidering where the Economic Modern Family was just a few weeks ago, clearly euphoria has spread since the election.There are though, key levels to watch, not to mention a couple of Family members that look good but not quite as euphoric as the Dow, S&P 500 […]
Silver Could Double The Returns Of Gold
Image Source: Pixabay David Morgan shares how Silver could Double Returns of Gold despite being still very Bullish on Gold.He discusses the rapid growth of the U.S. national debt, the role of gold as an economic barometer, and the potential for silver to outperform gold. David shares insights on the importance of precious metals, the impact of […]
What’s The Best Game In Town
Image Source: Pixabay S&P 500 went up again after Friday‘s opening bell, yet the second day of rising bond prices led to rotations favoring defensives alongside my Monday picks of PLTR and TSLA. Financials continued doing great, industrials are among the easiest bullish choices together with energy readying an upswing. Retailers such as WMT speak as much […]
Weekly Technical Update: S&P 500 – Sunday, Nov. 10
Image Source: PexelsThe S&P 500 has continued to power higher in response to the US election results, with the markets factoring in how the incoming administration may benefit certain sectors. However, the seasonal factors have also continued to indicate that a powerful “year-end” rally should still be expected during November — and here we are in the midst of it all […]
The Good, The Bad, And The Ugly: A Recap Of Post-Vote Winners & Losers
Image Source: PexelsWhat’s promised on the campaign trail and what comes to reality are often different. But that didn’t stop investors and traders from speculating on the most prevalent and profitable themes under a new administration. So, let’s summarize what moved and why, explains Tom Bruni, head of market research at The Daily Rip by Stocktwits. Small-Caps Soared US stocks […]
Internet Services Industry Is Hot: Buy Shopify, Alphabet, Uber
Image: BigstockMacro factors currently driving the economy, such as the relatively high interest rates, relatively strong labor markets, supply chain issues (though minimal right now and in pockets), and so forth have a varied impact on players in the extremely diverse Internet – Services industry, although a stronger economy is generally positive.Additionally, since this is […]
