The continuous market cycles that occur produce different psychological effects on those that participate. For example, at the peak of the investment cycle traders and investors feel sanguine about the returns they’ve realized up to that point in the market cycle. This is usually followed by a sense of dread when they see those returns begin…
After two tumultuous months, the technology sector is once again at the heart of the market rally given a deluge of upbeat earnings results. This is especially true as the ultra-popular Select Sector SPDR Technology ETF (XLK – Free Report) has gained 5.1% in a month versus gains of 2.2% for SPDR S&P 500 (SPY – Free Report) and…
Miners Making A Bullish Case for Silver Prices Silver mining companies are making a very strong case for higher silver prices in the coming years. A shortage in the silver market could be looming. It’s nothing but great news for precious metal investors. Understand this (and don’t let anyone tell you otherwise): silver miners are…
The biggest debates I have are with gold bugs. They believe endless money printing will inevitably lead to hyperinflation and that will push the gold price over $5,000 an ounce while sinking the dollar to near zero. They are (and have been), quite simply, wrong! Japan has already proven that money printing doesn’t lead to much higher…
It was around 10 years ago that the wheels fell off the housing boom in the United States and the Great Recession took its toll on the country. For many, this was the first time in their lives where they were impacted so harshly from an array of financial fronts. Not only was it near…
Indexes For This Cycle The Citi Economic Surprise Index is like the CNN Fear and Greed Index in that I usually disagree with its assertions. They are both overly sensitive to changes in the market. I may be biased when reviewing these data points because I always compare the extremes with the financial crisis. For…
The British Pound has been in meltdown mode for the past three weeks, following rate hike expectations every step of the way. On April 19, odds of a 25-bps hike at the May policy meeting were still at 85%, and GBP/USD above 1.4300. But since then, GBP/USD has dropped closer to 1.3500, culminating in the BOE’s May…
With all the controversies over the US imposing tariffs on steel and aluminum (discussed here and here, for example), it’s perhaps useful to consider an overview of what import restraints the US economy already has in place, and what effects they have had. Every three or four years, the US International Trade Commission publishes a report called: “The…
Yelp Inc. (YELP – Free Report) just released its first quarter financial results, posting a loss of $0.03 per share and revenues of $223.07 million. Yelp is currently a Zacks Rank #3 (Hold), which is subject to change based on today’s results. Shares of Yelp have skyrocketed 69% over the last year and are up roughly 9.7%…
