The Nigerian president Muhammadu Buhari on Tuesday presented the 2018 proposed budget to a joint session of the National Assembly in Abuja. According to the president, the budget will consolidate on the achievements of previous budgets and help actualize the Nigeria’s
November 7, 2017
Despite declines overnight and into the morning hours, natural gas prices were able to recover today and settle a bit higher following their significant rally yesterday. Much of this appeared to be due to continued GWDD additions to the short
Little changed from Monday’s update. Metals and Miners continue to whipsaw in either direction. Nevertheless, our primary analysis calls for a breakdown, likely before the end of next week. Gold would have to recapture $1,300 to prevent a November slump.
Video Length: 00:13:02 In tonight’s video market update we look at the stages every market cycle goes through and why this current market cycle is in the euphoria stage. Watch this video to find out what to do in this
The West Texas Intermediate crude oil price, the U.S. benchmark, just hit its highest price in 2 1/2 years. We need to know what’s driving it to decide if we should put some oil producers in our portfolio. It’s rising, in part,
Video Length: 00:14:14
The Top 10 of the Ranking and Rating list for the coming month shows the following stronger currencies being well represented for going long: the EUR(4X) followed by the USD(3X) and the CAD(2X). The weaker currencies are the CHF(4X) followed by
Stocks bubbled sideways today, digesting the recent gains, and treading water as additional earnings and economic news comes out. I have made no secret of it, that the US equity markets seem very fully valued at this point, and are
If you look at the yield curve since the early 80s double dip recession, what you’ll notice is that inversion – where 2-year rates exceed 10-year rates – precedes every recession. Right now, we’re still 70 basis points from inversion
The headlines say consumer credit rate of annual growth increased from last month. Our analysis agrees. Analyst Opinion of the Consumer Credit Situation Not only does this data set suffer from backward revision (moderate to significant enough to change trends),
