The past few months have added some cred to the “sell in May and go away” rule of thumb for precious metals, as gold’s price action has been both boring and depressing. It’s now close to its 12-month low and
August 5, 2018
Money supply growth inched upward again in June this year, but remains well below the growth rates experienced from 2009 to 2016. Overall, June’s growth rate does not suggest a departure from the general downward slide in growth rates that’s
EM FX has come under pressure again due to ongoing trade tensions and rising US rates but saw some modest relief Friday after the PBOC announcement on FX forwards. This helped EM FX stabilize, but we do not think the negative fundamental
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all
Here’s what my various trading models are saying about the U.S. stock market right now. The Medium-Long Term Model states that you should be long stocks right now. We are not in a “big correction” or “bear market”. This is still a
Apple achieved the $1 trillion market cap mountain this week and folks were falling all over themselves to write and read stories about how the company achieved this milestone. That’s fine to the extent it gives us an excuse to
The week of July 30 was another busy one during second-quarter earnings season. Apple AAPL blew investors away on its way to its historic $1 trillion market cap, while Tesla TSLA continued its polarizing ways. All of the FANG stocks have now reported, but
USD/CAD’s downside movement from 1.3385 extended to as low as 1.2967. A further decline is still possible in a couple of weeks and the next target would be at bottom support trend line of the rising price channel on the
The S&P 500 has gone up 5 weeks in a row, prompting some market watchers to anticipate a short term pullback. Blind speculation is a poor form of investing/trading. It is very common for the S&P 500 to go
