Listen, here’s the thing: at some point, credit markets are going to wake up. Now I’ll confess I have no idea when that’s going to be and if the last 13 months have taught us anything, it’s the DM central
July 16, 2017
The price of Ethereum has collapsed in recent weeks. It touched $415 intra-day just 5 weeks ago. Now it is trading around $180, a 55 percent decline. Is this the end of the bull market in Ethereum? The answer to that question
The Japanese yen (FXY) is the one major currency that has been notably weaker than the U.S. dollar for most of the past month. USD/JPY peaked in December, 2016, but it looks like the sell-off bottomed out in April. Source: FreeStockCharts.com
Shares in chipmaker Nvidia (Nasdaq:NVDA) exploded by 4% following a belated upgrade from SunTrust Robinson analyst William Stein. Nvidia closed on July 12 up $6.63 to $162.51. And shares continued to rise for the rest of the week, finishing on Friday at
This sector is showing the price pattern known as the ‘heart’, it is ready to move. Last time we saw this pattern price doubled. With reference to our swing trade idea of long Barrick Gold (Symbol:ABX) the sector is setting up again,
A measure of U.S. wholesale price inflation ticked up in June. U.S. producer prices rose in June, owing to increases in the cost of services. Prices for services edged up 0.2% in June, contributed almost 80% of the increase in the index.
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the AUD(4X) with the CAD(4X) . The weaker currencies are the USD(4X) followed by the JPY(2X) and the
The week finished with some tasty looking breakouts in Large Cap and Tech Indices. Best of the action was given over to Large Caps with volume perhaps the most disappointing aspect of these breakouts. The S&P closed the week out
SPX has met the expectations outlined in the last letter and more bullish action is expected since last week’s action has all the markings of an impulse wave which appears to be on target to reach our 2500 projection. I
There are some things that have happened in real life which, had you told someone not that far in the past, they would find it incredible. And I mean “incredible” in the literal sense – not credible – impossible –
