“You’ll never make that money back!” the pitchman breathlessly exclaimed. The guy on the radio was selling annuities and warning investors not to put their money in the risky “Wall Street casino.” He tried to scare listeners by telling them
April 17, 2017
On Friday, the Nikkei closed lower amid geopolitical tension across the globe. There wasn’t just one, but two incidents that came about. The Nikkei also dropped as the yen surged higher. Data from the U.S. sparked some hope that global
China is the world’s largest net importer of crude oil, and in recent years, China’s crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC). As the EIA reports in a recent blog post,
SPX Monitoring purposes; Long SPX on 4/12/17 at 2344.93. Monitoring purposes Gold: Long GDX on 4/13/17 at 24.54. Long Term Trend monitor purposes: Neutral. Last Thursday, the TRIN closed at 2.29 and the Ticks closed at -315 and that combination
A worried tone at the open of the trading week proved fleeting as Wall Street returned online after the Easter holiday. Gold prices reversed from intraday gains as recovering sentiment weighed against Treasury bonds and bid up yields, boosting the US Dollar along the
Debt Bubble As a clarification to a previous article, I showed a chart which had an elevated level of equity financing as a percentage of U.S. M&A. It’s worth emphasizing that while equity issuances have been funding M&A at a
With the break-out over the prior week’s high, we now have structures in gold and silver off the March lows which can be considered strongly impulsive. And, as I have noted many times in the past, if there is a
United Continental Holdings Inc. (UAL – Free Report) released its first quarter fiscal 2017 earnings results, posting diluted earnings of 41 cents per share and revenue of $8.4 billion. Currently, UAL is a Zacks Rank #3 (Hold), and is up 0.82% to
Many analysts have been so excited that gold broke to new highs, above $1,262, in late February. I was excited as well, but for a different reason. I’d forecast that gold could bounce back just above the July 2016 highs
The SPX is almost back to the point of the break down. A break above this level tomorrow would definitely confuse things. Sector Strength What is this spreadsheet telling us? I see quite a few red and blue boxes which
