Thursday was another day that left everyone wondering what exactly they were supposed to be doing at work. I don’t even know why the Western world bothers opening markets in the week between Christmas and New Year’s day. Especially considering cryptocurrencies and FX are always available for those who need to sate their trading appetite….
(Audio length 00:10:46) Doc is with me today to outline the discrepancies between the fundamentals and technicals. Fundamentals are pointing to a stronger dollar but when looking at technicals we are seeing weakness. Timing is important and it is typical to see fundamentals factors take longer to materialize.
Video length: 00:08:53 In tonight’s video newsletter update find out my top 3 market lessons for 2017. With these 3 invaluable lessons under your belt you should have a more consistent 2018. Watch this video now…
“Come senators, congressmen Please heed the call Don’t stand in the doorway Don’t block up the hall For he that gets hurt Will be he who has stalled There’s a battle outside and it is ragin’ It’ll soon shake your windows and rattle your walls For the times they are a-changin’… As the present now…
Economic activity in the manufacturing sector expanded in November, and the overall economy grew for the 102nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The PMI increased to the highest level since March 2011. Furthermore, increases in production (best in 34 years), New Orders, Backlogs and Unfilled Orders. Of the 18 manufacturing industries,…
Although not all markets closed positive, the overall theme certainly was. Shanghai and Hang Seng were both strong with gains made from Tech, Consumers, and Energy all adding to the near 1% gains. Volumes were again very disappointing with today’s HSI around 70% of the previous 30 days average. Much has been talked about the…
Top Tickers For End Of Day December 28
This is the time when many people make resolutions for the upcoming year. Determining to lose weight, eat healthier or exercise more are some of the most common New Year’s resolutions. But last year, financially-related New Year’s resolutions also consistently made it into the top. As 2018 approaches, you may be vowing to do better…
Bear Market Signals Triggered In previous articles, we’ve reviewed the 30 risks for 2018. Now let’s look at the 19 bear market signposts. As you can see from the image below, 11 of the 19 signposts have been triggered already. The first trigger is the Fed raising rates by more than 75 basis points. This…
In this interview with Jim Goddard, I had to give another update on Bitcoin, because right now it is all anyone is talking about. But in this update, I talked about the reality of Bitcoin that Bitcoin players don’t know about as they are caught up in a bubble not knowing what is happening outside…
