The good news is: All of the major averages except the Russell 2000 (R2K) closed at all time highs last Friday. The Negatives The market is overbought. The secondaries are underperforming the blue chips. 52 week new highs have not
December 16, 2017
In our uranium outlook 2018 we said we are bullish on the uranium market, and concluded with this quote: The main factor at this point is the Uranium spot price as that’s what’s going to dictate the next direction in the Uranium
Fundamental Forecast for USOIL: Bullish Crude Oil Price News Talking Points: A market divided was the takeaway this week after OPEC & IEA have differing demand views The temporary shutdown of the North Sea pipeline that underlies Brent provided price volatility Per BHI,
There are no two ways about it: 2017 has been a brutal year for US dollar bulls. As of this writing, the world’s reserve currency has fallen against every one of its major rivals on the year, losing a staggering
Global financial markets ended the week on a mixed note after concern from investors over potential obstacles to Republican’s tax overhaul and a slate of policy meetings from major central banks in Europe. In the US, uncertainty over the progress of
Everyone’s bullish and bearish at the same time these days. This cognitive dissonance (a less charitable interpretation would be to just label it schizophrenia) is reflected in fund manager surveys which increasingly show investors are bullish on the very same
Both banking stocks and insurance stocks have done exceptionally well since they literally crashed in 2009. Not only were those sectors hit hardest, they were also suffering from continuously falling interest rates. As interest rates seem to have reached a
Fundamental Forecast for Gold:Neutral Gold prices respond to critical support; post-FOMC rally under review Gold prices snapped a three-week losing streak with the precious metal up 0.44% to trade at 1253 ahead of the New York close on Friday. The advance comes
The Nasdaq Composite index has performed exceptionally well in the year so far by setting record highs for more than 60 times. The index first hit the 6,000 milestone on Apr 25, crossing the 5,000 mark after 17 years. The
