Monthly Archives: December 2017

November 2017 Headline New Home Sales Improve

The headlines say new home sales improved and was well above market expectations. Our analysis also shows acceleration of new home sales. Analyst Opinion of New Home Sales This month the backward revisions were significantly downward which affected the growth rate this month. Because of weather and other factors, the rolling averages are the way…

Positioning For Rising Rates

Several well-respected analysts are warning that higher interest rates and lower bond prices are coming. Former Federal Reserve chairman Alan Greenspan said bond prices are in a bubble and that when rates move higher they will likely move fast. Bond king Jeffrey Gundlach of DoubleLine believes the bond bull market is over and that the…

Inflation-Sensitive Stocks Are Starting To Outperform

Nice! Inflation-sensitive stocks are starting to outperform again. Many of this week’s bullish breakouts were for the miners. Financials are stair-stepping higher in bullish fashion. India shares are performing well too. Outlook Summary: I thought we had a new short-term downtrend on Dec-14. It was a mistake. The long-term outlook is positive, but concerns exist. The…

Biotech Bounce “Ignyted” By Roche Deal

Biotech Bounce Ignited By Roche (RHHBY) Buy of Ignyta (RXDX) Nasdaq Flat at 6953 Healthcare sector weak down 0.43%. as of 1 PM  EST Trading Biotech stocks escaped the doldrums today ignited by Roche (RHHBY) acquisition of Ignyta, Inc. (RXDX) for $1.7B in an all-cash transaction. The stock soared 71%. Ignyta is focused on precision medicine in…

Bitcoin Crashes Again, Coinbase Suspends Trading: What, Me Worry?

Bitcoin is down over 20% in wild trading. Coinbase suspended trading. Did the bubble finally bust? Techcrunch reports Coinbase Suspends Trading Amid Cryptocurrency Rout. Coinbase, the most popular site for cryptocurrency transactions in the U.S., has suspended all trading activity today amid a crash in cryptocurrency prices. A statement on the company’s website this morning read,…

Bitcoin Vs Bitcoin Cash: What’s The Difference And Which To Inves...

If you’ve been looking at cryptocurrencies as a potential addition to your portfolio, then you’ve probably heard of bitcoin and might even have a vague idea that other cryptocurrencies exist. Then when people start talking about bitcoin cash, it’s natural to become a little confused if you haven’t been following the cryptocurrency market every step of the…

E

When the Bank of Canada announced its first-rate hike in nearly a decade this past July, it stated that there was no longer the need for “emergency measures” taken in 2015 to counter the adverse effects of the collapse in oil prices. A subsequent increase in the bank rate has announced this September in response…