E Short Covering The Main Feature In Oil
This has been the constant theme for the entirety of this new year and it continued again this past week in the Oil markets. Here is a breakdown of the LARGE SPECS positions. The hedge funds have covered a whopping 136,500 short positions since the start of the year bringing their outstanding short positioning to […]
Russia Continues Gold Accumulation As The West Sells
Russia knows the game that the Western financial elites are playing. They know about the fiat Ponzi scheme that the US government is involved in and in control of through their entitlement as the reserve currency of the world. They know this, which is exactly why they continue to invest in precious metals, predominately gold. […]
E How Tesla Takes Over The World On Thursday
I stopped by Tesla’s (TSLA) Fremont, California factory last week to test drive my new high performance Model X SUV and noticed something interesting. There was major new construction under way in the customer delivery area. That was to be expected, since the company has already announced that they plan to boost production of their […]
Avon Reaches Deal With Activists To Avoid Proxy Fight
Shares of Avon Products (AVP) are rising in early trading after the company reached an agreement with Barington Capital. The company also named a former FedEx (FDX) executive to its board. WHAT’S NEW: This morning, beauty products maker Avon said it reached an agreement with an investor group led by Barington Capital in connection with […]
E This Market Wears An Easter Bonnet
You could say the market wears an Easter Bonnet. More accurately, a ‘broadening top’ of significance has been forming for some time now; hence the relatively neutral action in the wake of the push-up after the Fed’s dovish guidance was received in a favorable way. This was solely because it pressed rates even lower, pushing ideas […]
The Mixed Opinions On Gold
Gold closed at its worst week of 2016 last week, which raised worry around the industry. The recent pull back, however, is not likely to last according to Market Expert Todd Gordon. He believes market prices should be bolstered by key technical support, creating an opportunity for investors to buy. Moreover, he believes that inaction from […]
USD/JPY And AUD/USD Forecast – March 28, 2016
USD/JPY The USD/JPY pair initially fell during the course of the day on Friday, but bounced enough to form a hammer. Keep in mind that it was Good Friday, so the liquidity would have been as strong as it typically could be. Having said that, it looks as if we are going to try to […]
4 Growth ETFs & Stocks To Bloom In Spring
As the spring season kicked off, economic activity across all the sectors are likely to step up, injecting fresh optimism in both business and consumer confidence. The housing and transport sectors in particular gain momentum with demand building up over the frigid winter for new homes and transportation, which is a barometer of broad economic […]
Q1 GDP Crashes To 0.6%: Latest Atlanta Fed Estimate
Earlier today we said that following the abysmal January spending data revision as shown in the chart below: … that “the Atlanta Fed will have no choice but to revise its Q1 “nowcast” to 1.0% or even lower, which would make the first quarter the lowest quarter since the “polar vortex” impacted Q1 of 2015, and the […]
A Top In Place For Oil & SPX?
Stock markets rebounded solidly from their lows of February 11th, 2016, making new multi-month highs, earlier last week. The SPX rescinded 0.7% by the end of last week. These market gains can be attributed to the very bullish decisions of the European Central Bank (ECB) and the FED Central Banks.On March 10th, 2016, the ECB […]
