(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are occasionally posted on…
Gold prices ended the month down roughly 6.7% at approximately $1095 an ounce, weighed by speculations that the U.S. Federal Reserve will adopt a gradual pace of tightening this year. The precious metal, which failed to perform throughout the Greek crisis, has been falling out of favor as market players move back into riskier assets….
by Lance Roberts, StreetTalk Live I know…it’s frustrating. For the last couple of months, I could have almost just alternated weekly missives. One week the markets rally from oversold lows, the next week they crash from overbought highs. Each week seems to be a mirror opposite of the week before with nothing much to show…
TM Editors Note: This article discusses a penny stock/microcap. Such stocks are easily manipulated; do your own careful due diligence. Though social media advertising is all the rage these days, IZEA (IZEA) remains a rather obscure stock despite the phenomenal growth it is generating. The company is developing a network of content creators that match…
Courtesy of Citron Reports Citron Research has been skeptical of Zillow (Z) for some time now. We first reported on the company in 2012, with frequent updates. Three years later, with no real profits to show and endless amounts of insider selling, plus round after round of lowered guidance, Citron believes that this sucker is finally…
How often do you hear a car manufacturer (or any other manufacturer) tell people to “not” buy their product because they lose money if you do? I highly suspect this is nothing more than a purposely calculated publicity stunt, but please consider California Has a Plan to End the Auto Industry as We Know It….
The answer to the first question is ‘sort of’. The answer to the second question is no. The effects of having an institution with the power to manipulate interest rates and the money supply at whim are equally pernicious whether the institution is privately or publicly owned. However, if you strongly believe that the government…
Both bubbles (rents and housing) are vulnerable to popping. Here is the conventional narrative about rents and housing valuations: 1. Rents have soared because people can’t afford to buy a house and have to rent 2. Based on soaring rents, housing is fairly valued In other words, rents and housing are tautological: rents are rational because…
Have you noticed that there is a tremendous amount of Internet buzz about the month of September 2015? Never before have I seen so much speculation about what would happen in one particular month. Some people believe that we will see an economic collapse next month, others believe that there will be some sort of…
It was an awful week for oil-related plays as oil’s price continued to drop and one energy company after another, including the titans Exxon (XOM) and Chevron (CVX), failed to provide investors much in the way of reassurance. This calamity was quite a contrast to the much higher optimism from earnings just three months ago….
