The primary difference between the DOW, S&P 500 and the NASDAQ is not truly what composes each index, it is about capital flows. All the way up, it was the DOW which made new highs first with the other two following the Dow’s lead. Now, the cash flows are showing a…
Today the price of gold has made a new low for the year, falling $11 as I type this or roughly 1%. It’s been difficult for gold investors since the price of gold broke below $1525 (1 year trading range) in early 2013. Even with the recent uncertainty due to Greece, buyers still…
DailyForex.com’s Huzefa Hamid had the pleasure of interviewing David Katz, a.k.a. The Trend Doctor. David originally came from a background in teaching and medical sciences. He educated himself in trading, built his own strategy and became a profitable futures trader. Today, in addition to teaching in the medical sciences in Arizona, he runs a trading…
Investment in low-priced stocks has often found favor with investors, and with good reason. After all, these “so-called” cheap stocks can potentially provide investors with rewards that are not always bestowed by other investment styles. Specifically, these stocks allow for a lower initial investment, offer greater potential for price appreciation and provide investors with bigger…
When talk turns to what might derail today’s debt-driven “recovery,” the big names and easy stories get most of the attention: China with its soaring debt, volatile equities and heavy-handed intervention; Japan with its stratospheric debt and science fictiony demographics; Greece, which needs no explanation; the developing countries with their weak currencies and mountain of…
The bubble is here. Huzzah! Look at the yawning divergence between a narrow group of new era tech companies and the broader market performance. And forget about the performance of the real economy, which is terrible. It is a mile wide and one inch deep. Between Fed policy errors and governmental reckless disregard we are seeing…
Behind the scenes the slide in the Chinese stock market is said to be blamed on “Americans,” in particular prop shops and funds, some with derivatives market experience. A relative value strategy is emerging as the likely culprit, a source said, but the details of the trade are not as important as the punishment, which is said…
Following “good” housing data, “bad” CPI data, and “ugly” wage growth data, someone decided to dump $1.4 billion notional in gold futures markets (sending silver plunging also)… Sending the price to 2010 levels… Some context… We are sure the Chinese will be very pleased to back…
The most recent deal in the midstream MLP industry strengthens the thesis that the sector is severely undervalued and offers investors great growth opportunities. Sometimes the market gets it wrong, here’s how to take advantage. There’s a lot going on among master limited partnerships (MLPs) and the midstream oil and gas industry right now. And…
It has been a few weeks since we took a hard look at initial unemployment claims. There hasn’t been much reason to, since they seem to exist in a steady state universe, almost never deviating from the growth path they have been on for the past 5 years. But the steady state universe theory has…
