Our analysis of the S&P 500 is for stocks to continue their move lower. We believe that the SPX is in the declining phase of its current market cycle. It will likely continue this move, with 2670 as as a conservative projection. A break below the 2677 level would be a break below where SPX…
Throughout this expansion, I have had a sneaking suspicion that the yield curve (the difference in interest rates between short and long term bonds) would be the indicator most likely to fail. Originally that was because we are in a very non-inflationary period similar to that which prevailed between the 1920’s and 1950’s. After 1929,…
It was exactly 6 months since we caught the near blowoff top in Bitcoin. We did document this in our Bitcoin price forecast of $160,000, and we mentioned that a consolidation of 3-6 months was to be expected. We also caught the top in another article published on Dec 31. So far, Bitcoin has moved exactly in line with…
New Zealand is a small country with a population of under 5 million people. The country is located to Southwestern Pacific Ocean and is made up of two main islands. It has a GDP of more than 185 million people and a GDP per capita of more than $35,000. The country is best known as…
Although the media reports that they spend much of their free time killing things, two-thirds of millennials appear to be unable to fully capitalize on their natural killer instincts enough to take on the risks of investing in the stock market to increase their wealth outside of having a job. Whether that’s because their parents failed to teach…
For today’s daily update, we’re gonna use a bit of surfing slang where appropriate. Feel free to play along, with your legend at this link brah. Today’s Highlights Inside Outside Dinged but not Licked (Gold) EOS Registration Traditional Market Looks like Kim Jong Un pulled a 180 yesterday as he announced that North Korea is pulling out of talks…
It may sound like a contradiction, but the best way to get where you want to go in the trade – meaning profit – is to stop focusing on it. In other words, the outcome of P/L is not important. The element that is critically important is your process; that is, the flawless execution and…
Overnight Markets and News Jun E-mini S&Ps (ESM18 +0.07%) this morning are up +0.07% as T-note yields stabilize. Concern the Fed would speed up the pace of its interest rate increases sent stocks prices reeling Tuesday and pushed the 10-year T-note yield up to a 6-3/4 year high of 3.09%. European stocks are down -0.13%…
The benchmark 10-year Treasury yield edged up to 3.08% on Tuesday (May 15), marking a new seven-year high, based on daily data published by Treasury.gov. The implied inflation forecast via Treasuries continued to advance as well, signaling that the market is pricing in firmer pricing pressure in the months ahead. Notably, the yield spread between…
Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success. This week the portfolio I’m building (my Safari To Sweet Success…
