The EUR/USD ended the day at its lows after hitting a high of 1.1961. A reversal as strong as today’s is generally a precursor to further weakness. While it is difficult to say what caused the currency’s underperformance, 1.1975 was
November 27, 2017
After the collapse of German coalition talks last week, the euro took the news in stride. At the time, we wrote that strong GDP growth is the primary driver behind the ongoing euro bull market. Despite the obvious significance of political
It may sound quaint today, but there was once a time when high-speed internet was not ubiquitous, and for many Americans, the only place to find a high-speed internet connection was at work. Due to the lack of high-speed internet
In this interview, Jordan Roy-Byrne talks about an article he posted here. Gold and gold mining stocks have been going sideways all year now and people have forgotten about them and do not care about them. It will take a key
Black Friday was once the king of all shopping. A retailer could make its year up on that one day, often by gimmicking its way to insane single-day volume. Those days, however, are certainly over. Though the day after Thanksgiving
Time to get some financial consulting from those who are not paid to sell us debt and risk. Listening to the banks/broker/dealers/auto sellers has dug undisciplined households a very deep hole. Debt weight will continue to hold back our economy,
Toward the end of October, Brent crude prices crossed $60 per barrel for the first time in two years. They continued their ascent, peaking at around $64. Experts explained the spike with vague references to “geopolitical risk,” without really detailing
Whatever you do – remember “all is well” Dow ended higher (with MMM and HD the biggest drivers) as Trannies, Small Caps (ugly into the close), and the Nasdaq red with S&P clinging to unchanged… until the very last minute…
Ben White had this to say about Fed appointments last week in his Politico “Morning Money” column: “FED TALK – Look for the vice chair nomination to come fairly soon. Mohamed El-Erian remains in the mix but could also be
Average Stock Breakout Since it is an equally-weighted and broad index, the Value Line Geometric Index is a good way to monitor the average stock. As shown in the chart below, a very long-term and bullish breakout occurred recently. Stocks
