E Markets Weekend Update- March 26, 2016
VIX began a rally from its Master Cycle low on March 18. An aggressive buy signal (NYSE sell signal) may be made with a rally back above mid-Cycle resistance at 15.90. (Barrons) Lots of market-watchers are talking about the recent plunge in the CBOE Volatility Index (VIX). The VIX, an options-based measure of market expectations […]
Weighing The Week Ahead: Can Markets Finally Celebrate Good News?
The data calendar continues in something of an alternating mode. This week we have a concentration of the important economic releases. We also have daily appearances by Fed members. This provides a daily opportunity for pundits to interpret the news: Can markets finally celebrate good news? Prior Theme Recap In my last WTWA I predicted special attention […]
USD/CHF: Vulnerable Medium Term Despite Recovery Attempts
USD/CHF: The pair faces further weakness medium term despite its recovery attempts the past week. On the downside, support lies at the 0.9700 level. A turn below here will open the door for more weakness towards the 0.9650 level and then the 0.9600 level. Its weekly RSI is bearish and pointing lower suggesting further weakness. […]
Both Value Stocks And Low-Quality Stocks Needed Now
Both investors who favor momentum stocks and those who focus their portfolios around high-quality stocks have probably had a very difficult 2016 so far, but for very different reasons. As a result, it may be a good idea to include both in investment portfolios particularly in light of the macroeconomic changes that are going on right now. […]
US Dollar Tempers Pace, But Bull Trend Still Endures
The US Dollar took a dangerous tumble through the first quarter, throwing into doubt the currency’s ambitions after more than four years of advance. The extreme contrast between the Greenback and its global counterparts has notably moderated over the past months and that in turn has cooled the bullish fervor for the currency. In fact, […]
Swiss National Bank Admits It Spent $470 Billion On Currency Manipulation Since 2010
By now it is common knowledge that when it comes to massive, taxpayer-backed hedge funds, few are quite as big as the Swiss National Bank, whose roughly $100 billion in equity holdings have been extensively profiled on these pages, including its woeful investments in Valeant and the spike in its buying of AAPL stock at […]
Prospects Part 1 Of 4
This weekend, I decided to do still images instead of videos. Showing charts like this takes much, much longer than doing a video, but I know some people prefer it since they can just skim. In any case, the charts this weekend have these things in common: (1) I am NOT presently short any of […]
5 Investment Management Stocks To Sell Now
The U.S. economy is recovering at a gradual pace, but the global growth concerns still persist. Factors like slowdown in China and other developed economies, uncertainty over the timing of the Federal Reserve’s next rate hike and volatility in oil prices have had a significant adverse impact on the confidence of the Americans. Among the […]
Brexit Campaign Gathers 250 Business Executives Including Former HSBC CEO; Project Fear
The former CEO of HSBC, Michael Geoghegan, joined a chorus of 250 business leaders who think Brexit is a good idea. The current and former CEOs of HSBC do not see eye-to-eye in this debate. Back in January, the current CEO, Douglas Flint, threatened to move 1,000 investment jobs to Paris if the UK were […]
Initial Claims Say We’re In Something Deeper Than The Tech Or Housing Bubbles
Initial Claims came in at +265K, making it over a year of Initial Claims below the psychologically important 300K threshold. In looking at comparable cycles, one has to go all the way back to the early 1970s to find a similar instance. This isn’t your typical tech bubble. Nor is it your typical housing bubble. […]
