Technical Market Report For August 26, 2017
The good news is: The breadth indicators firmed up pretty nicely last week. The Negatives We saw a nice rally last week with the secondaries outperforming the blue chips and new lows dropping to non-threatening levels. The rally was consistent with the seasonal pattern which begins to deteriorate in the coming week. The first chart […]
Dealers “Wildly Overweight” SUVs As Sales Slow
The auto boom, one of the key components propping up consumer spending, has come to an end. Dealers are wildly overweight SUVs just as the market turned. As auto-industry growth stalls and family sedans go the way of the flip phone, one silver lining had been the trusty “crossover” SUV. Sales in the category boomed […]
Reading The Tape Of Ticker: Silver (SLV)
Reading the supply and demand points of a ticker can be done. It looks like silver is making a comeback. (Running length 00:07:16) Why you should care about silver? Here are two subjects to research. 1) Internet of things 2) Silver wire.
Grant Williams: “History Is About To Repeat Itself Again… And It Might Get Ugly”
Real Vision’s Grant Williams believes that the 76 million retiring Baby Boomers will trigger a major pension crisis. “With that potentially bad situation we could face,” the seasoned asset manager and co-founder of Real Vision TV said in a recent extended Metal Masters interview, “holding physical metal, somewhere safe, somewhere outside the banking system, is just […]
AUD/USD Forecast Aug. 28 – Sept. 1 2017
The Australian dollar stabilized on high ground, consolidating previous gains. What’s next? Australian capital expenditure and Chinese data stand out in a busier week. Here are the highlights of the week and an updated technical analysis for AUD/USD. Australia’s CB Leading Index advanced by 0.5%, better than 0% seen beforehand. In the US, Trump’s talk hurt the greenback, despite […]
Here’s Why China Tech ETFs Are Surging
Global Tech stocks have been in the spotlight this year. Although U.S. tech stocks have performed strongly, their Chinese counterparts were better performers. U.S. tech sector of the S&P 500 has surged 17.15% in the first seven months of 2017 and remains the best performer. However, MSCI China Information Technology Index has gained more than 56% in […]
Matching Up
Mixing and matching is famous in the garment industry for being useful. Matching is also an important part of nearly ever sport, especially the team sports like football, basketball, and baseball. For example, good coaches and managers often try to identify situations in football and basketball where a superior player is being defended by a […]
Uber Under Fire As Ride-Hailing Firm’s Valuation Falls
Uber was supposed to disrupt the existing, entrenched taxi industry in countries around the world and redefine ridesharing, benefiting both customers and the environment with lower costs and fewer trips travel via the ride-hailing revolution. From the start, Uber’s business model was based on achieving market dominance. The company massively subsidized (and still does) customers’ […]
World’s Largest Ad Company Crashes After Dismal Earnings, “Terrible” Guidance
If Tuesday’s tape bomb came courtesy of the most prominent UK subprime lender, Provident Financial, which plunged over 70% after it gave a “clearly awful” business update coupled with the resignation of its CEO, Wednesday’s market shock belongs to ad giant,update coupled with the resignation of its CEO, the market shock belongs to ad giant, WPP, whose […]
Gold Stocks Quietly Leading Gold
Welcome to the dog days of summer. The low volatility in precious metals continues. Janet Yellen or some other Fed heads said something Friday. Precious Metals sold off but quickly recovered. It appears that not much has transpired in recent weeks as precious metals grind higher, albeit slowly. However, while it may be a fledgling […]
