You could say that Japan has had more than fair share of poor data lately but sadly it continued today after a larger than expected trade data and a further contraction in its (Manufacturing) Purchasing Managers Index. This resulted in an
May 23, 2016
Dire warnings compete with financial fantasy in the ongoing efforts by most analysts and money managers to dissuade investors from demanding selling in a struggling market that is conflicted in so many ways. Simply put, we’ve arrived at the point
The Chart of the Day belongs to Markel Corp. (NYSE: MKL). I found the P&C insurance stock by using Barchart to sort today’s All Time High list first for the most frequent new highs in the last month then again for the technical buy signal of
Photo Credit: Mike Mozart Best Buy Co., Inc. (BBY) Consumer Discretionary – Specialty Retail | Reports May 24, Before Market Opens Key Takeaways The Estimize consensus is calling for earnings of 36 cents per share on $8.30 billion in revenue, 1 cent
…Those who are ignorant of financial history are doomed again to suffer its dreadful and costly consequences…and today’s death crosses…[as seen] in 7 major U.S. stock market indices…are stock market sell signals. Guest post by I.M. Vronsky (Gold-Eagle.com) A recent
Global crude oil prices have risen by more than 75% from near twelve-year lows reached in January. The recent spike was driven largely by unscheduled supply outages in major oil-producing centers including Canada, Ghana and Nigeria. Given the sustained, significant
Jim Rickards recently appeared on CBC News’ The Exchange and made the case for $10,000 gold. He said the recent jump in the price of gold represent a world-wide vote of no-confidence in central bankers. The increase in the dollar price of
GBPUSD: The pair continues to hold on to its downside pressure triggered on Friday. On the downside, support lies at the 1.4400 level where a break will turn attention to the 1.4350 level. Further down, support lies at the 1.4300
I started investing in the midst of the market turmoil in 2008 and 2009 while I was in my last year of college. I was fairly ignorant to finance and investing at the time and actually studying biology. I became
The US Dollar vs Yen (USD/JPY) has garnered most of the attention in the currency markets. However, another forex pair that has intrigued me is the Euro vs Yen (EUR/JPY). The weekly chart I have provided below indicates the trend is clearly bearish,
