There’s a global arms race among companies and nations to achieve supremacy in both quantum computing and AI, Woody Preucil at 13D Research recently explained to Financial Sense Newshour listeners. Though many are still unaware of the events taking place—with significant breakthroughs just in the last couple of years—these two technologies are accelerating quite rapidly…
With all due caveats about the non-stellar gold CoT data, I wanted to note a constructive situation in gold vs. oil, which is a key sector fundamental consideration. Now, there is still a constructive situation in play for nominal crude oil, so take this post for perspective more than anything. Au/WTI bottomed in December of…
From one perspective, there is an odd disparity in the force. Hedge fund returns in certain categories are experiencing fat tail correlation and return extremes when compared to players inside a particular category as well as compared to the category average itself. No better can this be seen than in the most formulaic of all hedge fund strategies,…
On 31 October 2017, we discussed the announcement that the CME Group was responding to client interest and launching a Bitcoin Futures contract before the end of this year. CME stated that the contract would be cash settled based on the CME CF Bitcoin Reference rate, a once-a-day reference rate of the US dollar Bitcoin price at…
The casino gaming market has seen steady growth since the June 2016 quarter and there’s nothing to suggest that there will be a reversal in this growth trend. On the other hand, there are good reasons why growth should continue over the next few years. A Little Government Support The most important if unlikely of…
The Chart of the Day belongs to D R Horton (DHI). I found the home builder stock by using Barchart to sort today’s 52 Week High list first by the most frequent number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation.Since the Trend Spotter signaled a buy on 9/12…
Last week’s Chart of the Week kicks off this week’s, though it will have to wait for a series of explanations to get us from that one to this. A week ago, we noted the growing divergence between leveraged loan prices and WTI, two risk indicators that used to be pretty well correlated for obvious reasons. The…
I believe that the global economy is setting up for a new Golden Age reminiscent of the one the United States enjoyed during the 1950’s, and which I still remember fondly. This is not some pie in the sky prediction. It simply assumes a continuation of existing trends in demographics, technology, politics, and economics. The implications…
Flagstar Bank in Michigan will “gift” down payments to low-income borrowers to buy a house. What can possibly go wrong? Housing Wire reports Flagstar rolls out zero-down mortgage with closing cost aid for low-income borrowers. Flagstar Bank is targeting low- to moderate-income borrowers with a mortgage offer that’s seemingly too good to be true. The…
