Predicting the future is a mug’s game, and in financial markets, we simply cannot know tomorrow’s prices. All we can do is make assessments of the factors that can be expected to influence them. Economists’ forecasts today, with very few exceptions, are a waste of time and downright misleading. In 2016, we saw this spectacularly…
The Chicago Business Barometer, also known as the Chicago Purchasing Manager’s Index, is similar to the national ISM Manufacturing indicator but at a regional level and is seen by many as an indicator of the larger US economy. It is a composite diffusion indicator, made up of production, new orders, order backlogs, employment, and supplier…
Most of what you’ve heard about millennials is wrong. Well, only sort of wrong. Wrong in the same way that adult men are 5’10” tall. That is certainly the average height, but it’s not me, nor is it most of my friends. Because averages are always kind of wrong, advice about millennials is kind of…
When most people think of professional property management, they tend to think that, well, that it is only for the bigger companies or people with hundreds of units. While this may hold some truth, there are plenty of examples where everyday people utilize the professional services of property management companies for just a few units. …
After a record run of weeks where bullish sentiment was below 50%, we have now seen two straight weeks where bullish sentiment has come in above 50%. According to the weekly sentiment survey from AAII, bullish sentiment came in at 52.65% this week, and although it only represented a slight increase from last week, it is…
In the few weeks after the 2016 presidential election, individual investor bullish sentiment spiked to near 50%. Over the course of the next five months though, bullish sentiment trended lower to a year low of 23.85%. From March through April the market had some volatile periods that may have influenced investor sentiment; however, true to…
My Swing Trading Approach I will likely take a conservative approach to the trading day ahead. Manage profits in existing trades, and at most, add one new position to the portfolio today. Indicators VIX – Bounced another 2.2% yesterday to 10.47. T2108 (% of stocks trading below their 40-day moving average): Flat for three days and counting….
The gold volatility index moved to a new all-time low and there was no meaningful action in gold recently. Well, we profited on the decline and on the following upswing, but the price action that we saw was nothing to call home about. For months, gold has been moving around the $1,300 level and it’s…
As of today, we got, even more, confirmation on what is going on with the Dollar Index and that the dollar could collapse. Video Length: 00:06:50
