It isn’t much of a short-term uptrend. But the 50-day is upward sloping, and the 5-day is still above the 50-day. It’s really just a sideways consolation with a slight upward bias. The number of new 52-week lows is
March 17, 2018
Following a chaotic end to 2017, the financial markets have somewhat settled over recent months. At least the cryptocurrency and precious metals markets. However there has been volatility in the stock market and signs of deterioration in real estate as
Point 1 – Selling Climax On February 8 the price falls sharply below the previous support with a great volume. Panic is in the air, bad news is widely spread everywhere and there’s no sign of strength, neither a
FUNDAMENTAL FORECAST FOR THE US DOLLAR: BULLISH US Dollar fell on in-line CPI data, then rallied into Fed meeting Pre-emptive gains hint markets worried tightening will accelerate Policy bets tellingly dwarfing news-flow from Washington DC A week marked by seesaw price
Marko Kolanovic – a.k.a. “Gandalf”, a.k.a. the “half-man, half-God” – has a new note out and it’s great. For the past couple of years, Kolanovic’s research has been hijacked by the doomsday crowd as part of that crowd’s ongoing attempt
Having bounced out of the “mystery dip-buyer” zone below $8,000, Bitcoin is back below it this afternoon, erasing Friday’s spike. This move comes as “the man who crashed Bitcoin” denies it was his massive sales of Mt.Gox crypto assets caused the market’s
The massive changes that took place in the past year and those that are well underway could actually help the banking industry enter a new golden age. Thus, the prospects for bank stocks look bright. The key factors that could
Talking Points: UK data releases include, Inflation, jobs and wages Bank of England MPC announcement EU Council meeting on the EU/UK transition period. Fundamental Forecast for GBP: Neutral While we remain neutral on Sterling at this current point, GBP may be in for
So many patterns that have held for decades seem to have broken down, leading to one of two conclusions: Either this time really is different in ways that appear to violate what used to be seen as iron-clad laws of
My favorite indicator for studying future economic growth is the ECRI weekly leading index. While the ISM reports told you growth was accelerating in the first two months of the year, the ECRI forecast growth would fall. Not only did
