“Seasonally, on average, the index highs have come between mid April and early May during the 2nd year of the Presidential Cycle. It seems unlikely we will see new index highs in the next month, but a significant rally is
March 24, 2018
The big question for the SPX is how low it will drop. Price action shows a lot of similarities with the February leg of the decline. A decline of similar magnitude gives lower price targets of 2532 and 2470. The
JAPANESE YEN FUNDAMENTAL FORECAST: NEUTRAL Talking Points: Anti-risk Japanese Yen appreciated last week as sentiment soured amidst white house developments Domestic economic calendar docket lacking key event risks, the focus turns to external factors again Keep an eye out for the US
The Trump presidency has been a major boon for the aerospace and defense industry, as can be seen from the industry’s stock market performance. Since the November 2016 election, stocks in the Zacks Aerospace & Defense sector rose +61.8%, handily outperforming the
This update is by far one of the most important as the silver price setup is the best I have seen in years. According to the data, the silver price is by far in much better position to outperform gold when
Global financial markets turned negative on fears about a global trade war, with Trump going on the offensive on Chinese goods. President Donald Trump announced on Thursday that he would impose tariffs worth US$ 50 billion on Chinese goods. The US
The Central Bank Bull Market ended on January 26, 2018. The new bear market began the same day. It seems almost impossible to believe, but it was only nine trading days ago that the NASDAQ, the last holdout, was at its highest level in
In the end it isn’t about money printing, interest rates, who’s president, stock buy backs, PE ratio’s, etc. etc. It’s about whether a new technological advance is driving the bull, or low interest rates and money printing. I would argue
Retaliation threats, intense lobbying and an emphasis on alliances explain how some countries got steel exemptions. Please consider the messy process that explains How Some Countries Won U.S. Tariffs Exemptions while others didn’t. An hour before the global tariffs took effect, the White
