USDCHF: Having halted its weakness to close higher the past week, USDCHF looks for more strength on recovery. This is coming on the back of its price halt at 0.9786 level on Dec 14 2015. A buildup on that strength
December 18, 2015
“Study the past, if you would divine the future” Confucius Historical analysis of the financials is a crucial part of understanding any company. The problem with most sell side analysts is that they don’t look back far enough – typically
Here are some things I think I am thinking about: 1) Why does the world hate Martin Shkreli? Christmas came a few days early for the 90% of the world that completely despises Martin Shkreli, the hedge fund manager and pharma
On May 1, 2003 on the flight deck of the USS Abraham Lincoln then President George W. Bush, after becoming the first U.S. president to land on an aircraft carrier in a fixed wing aircraft (in a dashing olive drab flight suit),
The Current Account Balance came in worse than expected due in part to the stronger dollar, which like rate increases is one of the lesser things one might prescribe for a shallow and fragile recovery. If there is to be
In my post this morning on Yield Curve and Spreads: Fed’s Real Policy Error in Pictures; What’s Next? there were two important points I intended to make but didn’t. First here’s a repeat of two charts. Yield Curve 1998-2015 (Year-End
If you always overestimate, and don’t change, what does that imply? Since the FOMC started providing their estimates on economic aggregates four years ago, I’ve been simplifying them, and posted a weighted average to cut through the clutter of their
At the last reading, the gold and silver CoT had improved again. Gold was already ridiculous, but silver, which had been middling, really took a positive move. Here are the raw data…
The chart of my core market health indicators says it all. Weak economy and every other category near zero. This week my measures of trend fell into negative territory, while the other categories are barely hanging on. It appears that
