E Bearish Breakdown On NZDUSD
On the 4h chart of NZDUSD, we can see a nice bearish breakdown to be in progress, with the price now specifically trading in the middle of red wave three. As we know, wave 3 is known as the strongest and the steepest wave, which means in our case, even more, weakness may follow. Well, […]
Goldman: “Lack Of Hard Evidence” Aside, Long Oil, Copper Reco Still A Good Idea
Time stamp it. Sure, it may seem like a deflationary bombshell has been dropped on markets over the past two weeks or so, but as Goldman reminds us, “there’s reflation and then there’s reflation.” Consider the following from a note out late last night that essentially conveys the following simple message: “f*ck reality.” Via Goldman Despite […]
Gold Bugs; Bullish Reversal Pattern At Support
Gold & Silver Mining stocks have had a rough few weeks, falling in excess of 15%, after a sharp post Christmas rally. Are they in trouble or about to bounce of newly created rising channel support? Below looks at the Gold Bugs Index (HUI) over the past few years. Gold Bugs index has created a series of […]
The Bear’s Lair: Where Is All The Malinvestment?
We have had eight, nearly nine years of zero interest rates and negative real interest rates. You don’t have to be a convinced Austrian economist to believe that in this length of time an extraordinary amount of “malinvestment” – investment that is not justified by economic reality – has grown up. Now that interest rates […]
Nikkei Trades Lower On Core Machinery Orders
On Monday, the Nikkei traded lower after the Japanese government released the core machinery orders data. The core machinery orders report was highly negative, and that’s what led the Indice lower. On top of that, the corporate goods price index matched expectations for the month of February. Finally, the yen pushed lower allowing the Nikkei […]
E Smartwatch Vs. Fitness Tracker: Fitbit Dives Deeper Into Smartwatches As Sales Decline
Fitness tracker or a smartwatch? Well, that’s a question that was asked a couple of years ago, but plainly put to rest over the last 2 years. Utility and price point have been the two determining factors when it comes to wearable adoption. Fitness trackers have outsold smartwatches by more than 3:1 over the last […]
What To Do At Market Highs
With U.S. markets up over 300% since the March 2009 lows and continuing to set new all-time highs, where are investors to look for future returns?1 Although U.S. valuations are stretched compared to developed international (specifically Japan) and emerging markets, we think the pro-growth policies and potential tax cuts put forward by the new administration can help drive […]
Global Stocks Rise, S&P Futs Flat As Dollar Rebounds Ahead Of Critical Week For Markets
European bourses advance and Asian share rose led by a surge in Hong Kong stocks which rose the most in three months as Japan hit 15 month highs. U.S. futures are little changed along while the dollar rebounded from session lows after Friday’s selloff. Crude oil has continued its retreat, down 0.2% and sliding for […]
Most Markets Fell Last Week, Led By A Slide In US REITs
Red ink spilled across nearly every corner of the global markets last week, based on a set of exchange-traded products representing the major asset classes. The lone exception: foreign stocks in developed markets in US dollar terms. Otherwise, losses took a toll far and wide. Vanguard FTSE Developed Markets (VEA) bucked the trend, posting a slight gain […]
Bonds And Equities Rally, Dollar Heavy
Hit by profit-taking ahead of the weekend, despite US jobs data that remove the last hurdle to another Fed hike this week, the greenback remains on the defensive. It has softened against all the major currencies and many of the emerging market currencies.The chief exception is those in eastern and central Europe. Turkey and Dutch tensions rose […]
