2018.01.11 Silver Cycle Model Chart This is the same model, and I thought it might not converge since it took more iterations than average, but it clearly shows, if it is correct, that the price has reached a local maximum
January 13, 2018
Using a simple cumulative average: as opposed to a simple moving average to compare the period in question (usually the current market, or a recent possible major low or high) with the prevailing trend or correction. Definition: Average of all
Listen, people are running out of superlatives when it comes to describing the inexorable rally in equities. Wait, that’s not entirely true. Donald Trump isn’t running out of superlatives because his vocabulary consists entirely of superlatives. But outside of the
Investors are waiting with bated breath for small caps to turn around this year and cash in on the newly signed tax cuts. So, it is quite likely that they will be eager to know which theme to pick now
EUR/USD rallied on the news about a German coalition, a somewhat bullish ECB and the great weakness of the US dollar, that failed to rally on good American figures. What’s next? Here are four opinions: Here is their view, courtesy of eFXnews: EUR/USD: Targeting
On Friday, January 12, Bitcoin (XBT/USD) found support at $12,854.57 from its cumulative average (blue) of closing prices. The cumulative average starts with the secondary low (L2) of $5,664.87 on November 13, 2017 (all prices from Optuma, as shown): (Note the preceding
Stocks rallied again Thursday as the S&P 500 was up 0.7% and the Russell 2000 was up 1.72%. The S&P 500 is now up 3.45% year to date. That’s an amazing month of returns and we’re only almost halfway through
That was fun. Since mid-December gold has behaved like a tech stock, jumping from $1,240/oz to $1,337 and carrying a long list of gold mining stocks along for the ride. Now everybody’s asking the same question: Is this finally the
Sterling/GBP Talking Points: UK inflation data may derail the current Sterling rally in the short-term. GBP rally continues against the weak US dollar but the EUR remains the strongest currency. Fundamental Forecast for GBP: Bullish We remain buyers of GBP going into the third week
JPMorgan (JPM – Free Report) is not only biggest player in the banking industry, but it also has a well-earned reputation of being properly run. Wells Fargo (WFC – Free Report) had that kind of shining reputation some time back, but that is a thing of the
