AT40 = 38.7% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 42.4% of stocks are trading above their respective 200DMAsVIX = 20.0Short-term Trading Call: neutral Commentary The bears did their best to spook the market, but they failed to
April 1, 2018
Silver mine supply from the world’s fourth-largest silver producer fell significantly at the beginning of 2018. According to Chile’s Ministry of Mines, domestic silver production in January declined 20% versus the same month last year. Chile’s silver production has been
Dollar/yen began the last week of Fiscal Year 2017 by dipping to the lows but quickly recovered. Is this a change of course or only an adjustment for temporary purposes? The upcoming week features the Non-Farm Payrolls and a FY in Japan.
Walmart is a very sophisticated buyer of health benefits. This will increase pressure on hospital-provided services. Please consider Hospitals Fear Competitive Threat From Potential Walmart-Humana Deal. Hospitals have been eyeing Walmart nervously for years as it advances into health care, seeking
The Japanese Yen is a leading indicator of major changes in risk sentiment. Risk Off periods, especially in global stock markets, are usually accompanied by a significant increase in the value of the Yen and the opposite happens during Risk On periods. When it happens, the moves are
On February 9th, the first decline from 2873 was arrested two weeks later at 2533, slightly below the combined intermediate trend line from 1810 and the 200-DMA — a formidable support level. The trampoline effect sent the index rebounding to
Once again, the market played with fire. And once again, the market managed to escape… unburned. Stocks could have certainly fared better than they did, but even a small bounce is a much-needed step back from the ledge the
This topic is so timely and so important, that we publish this special report in lieu of our normal weekly Supply and Demand Report. After our recent article debunking manipulation, we got a phone call from a man whom we
It’s easy to get lost in the shadows of the coming financial crisis and to assume that the entire world is going to hell in a 140mph Tesla. The financial crisis is real, and our money definitely is going to
The Australian dollar was negative during most of the month of March but is approaching a significant uptrend line that I think will continue to hold this market afloat. Obviously, gold will have its influence as well, but it looks
