Two Marijuana Startups Raising Money Now
A brand-new CBS poll out this week shows support for marijuana legalization is at an all-time high. A full 61% of Americans now support overall legalization of cannabis. An impressive 88% are in favor of cannabis for medical uses. We’ve come a long way since the peak of anti-pot propaganda. That same poll showed just 27% in […]
Investing Opportunities This Quarter
Written by Richard Turnill We see three interrelated themes shaping investing this quarter: broadening reflation, low returns and the need for a different approach to diversification. We believe reflation is going global, and the reflation trade—favoring assets likely to benefit from rising growth and inflation—has room to run. We see muted returns across asset classes in […]
Gold Upleg Momentum Building
Gold’s young upleg just enjoyed a major upside breakout, bolstering strong technicals and heralding a coming Golden Cross buy signal. Investors have started aggressively buying gold again after record-high stock markets distracted them. This gold upleg’s upside momentum is really building, portending accelerating gains in coming months. Yet sentiment remains poor, with traders still quite […]
EUR/USD Drops As Final French Polls Continue Showing A Tight Race
Are markets just a bit more cautious within the cautious optimism about the French elections? EUR/USD dipped under 1.07 as the week comes to an end. This is close to 100 pips below the high levels seen early in the week and a few dozens pips below levels seen earlier in the day. The last […]
5 Personal Finance Tips That Will Help You & Your Business
Personal finance tips take center stage when tax season is in full effect, and for good reason: it’s this time of the year when the importance of saving is made most apparent. It’s worth noting, however, that personal finance tips are valuable to individuals well beyond April 18th. With the right mindset and a little financial literacy on […]
Market Thoughts And Forecast From The Legendary Robert Prechter
In a recent interview I conducted with the legendary market technician Robert Prechter, he offered some very interesting insights into how he views today’s market, along with his perspective on socionomics. He also provides us with a general forecast as to how he sees the market playing out in the coming decade. 1. How did […]
EUR/JPY Back To 116?
How EUR/JPY trades in the coming week hinges almost entirely on the outcome of this weekend’s French election. The results will affect the euro and risk appetite, which effectively amplifies EUR/JPY’s potential reaction. Chances are Marine Le Pen and Emmanuel Macron will be the last 2 standing and euro’s fate will depend on who has […]
E Gold Is On The Cusp Of Long-Term Bullish Reversal Ahead Of French Elections
Gold ended 2016 at $1150.62 and since then the metal has been on a winning streak that pushed prices to a five-month high of $1295.46. As of now, the metal trades around $1286; this amounts to 11.76% gain from the Dec closing level. One may feel confused as the Fed did move interest rates higher […]
Tech Sector Holds The Key
As of mid-day on Friday (April 21), and during the past couple of range-bound months, the Technology sector is outperforming the large-cap and small-cap stocks, as shown on the following charts. It’s still sitting above both its 20 and 50 day moving averages, while the Dow 30, S&P 500, S&P 100, Nasdaq 100, Nasdaq Composite and Russell […]
Rig Count Rise Continues To Lead US Crude Production To 20-Month Highs
With WTI prices back below $50, it appears stocks and NOPEC production are trumping any OPEC hype/hope and today’s Baker Hughes’ rig count merely adds to those concerns. For the 13th week in a row, the number of US oil rigs rose (up 5 to 688, the highest since April 2015). *U.S. GAS RIG COUNT UP 5 TO 167, BAKER […]
