Tesla (TSLA) CEO Elon Musk announced in a blog post that his company will remain public. The post reads in part, “Our investors are extremely important to me. Almost all have stuck with us from the time we went public
August 25, 2018
VIX completed a 78.6% retracement from its August 15 high, a normal retracement for the VIX. The probe above critical support at 13.10 triggered a probable buy signal in the VIX. The Cycles Model shows a likely surge strength for
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of August 27 August 27 Chicago Fed National Activity Index – July 0.35
As we crossed the finish line last week into the longest bull market in human history, a question that has been on my mind for years came bubbling to the surface again: if this is so easy, why didn’t the
As we crossed the finish line last week into the longest bull market in human history, a question that has been on my mind for years came bubbling to the surface again: if this is so easy, why didn’t the
EUR/USD enjoyed a second week of advances but the US Dollar is not giving up. What’s next? Preliminary inflation figures for August stand out. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The
On Aug 23, Alibaba Group Holding Limited BABA reported lower-than-expected earnings. This resulted in shares of U.S.-listed Chinese tech companies plummeting on Thursday. Chinese tech companies have been suffering since the beginning of the year, having lost billions of dollars in market
Get out your party hats ladies and gentlemen, the market closed at all-time highs on Friday finally eclipsing the January peak. After 145 days of slogging, the “bull market is back, baby!” Well, at least for now. Last week, we discussed
Fundamental Forecast for : Neutral FUNDAMENTAL CRUDE OIL TALKING POINTS: The ONE Thing: Supply risk has jumped back into the picture. After multiple weeks of weakness, there is a clear risk arising that supply on a wide scale could be short
As the US dollar appeared to break higher, we noted that it was overextended. Against most of the major currencies, it was beyond its Bollinger Bands, set at two standard deviations around the 20-day moving average. The correction that began mid-August does
