With the third round of Quantitative Easing behind us and the first FOMC meeting of 2015 a month away, let’s take a quick look at US Treasuries. The yields on the 10-, 20- and 30 year Treasuries have generally trended downward since the end of 2013. They hit their 2014 lows on December 16th, the…
by Rob Isbitts 2014 has been an odd year in many ways. Easy money has continued to be the rule for central governments across the world, and this has created false sense of security that is going on six years (following the end of the financial crisis-induced stock market decline that ended in March, 2009)….
The EUR/USD pair fell again during the session on Monday, after initially trying to rally. As you can see the trend has been intact for some time, as denoted by the 50 exponential moving average on this daily chart. That being the case, I see no way in which I would be buying this pair, even though…
In early December, Avago Technologies (AVGO – Analyst Report) crushed the Zacks Consensus Earnings and Revenue Estimates mainly due to their wireless communications division, which saw 73% growth quarter over quarter. Further, growing demand for BAW filters in China and India helped boost growth as well. Avago Technologies is a leading designer, developer, and global supplier of a…
‘Tis the season to make lists, and a list shall be made. We tend to see each year as extraordinary, and in some senses, each year is. But in a broader sense, 2014 was merely another year in a long chain of human triumph and misery. Wars have been waged, marvelous things have been invented,…
China’s Leading Index has fallen to its lowest since Feb 2009 this evening, down 4 straight months from credit-driven 18 month highs. This economic weakness has exaggerated the already weak tone in Yuan trading this evening pushing CNY to its weakest in almost 7 months (against the USD), its furthest on record from the CNY Fix…
Among the most interesting of the long-term economic indicators I track is the Census Bureau’s annual data on the mean (average) household income received by each fifth (quintile) and top 5 percent. See my latest update here. A conspicuous pattern in the series is the widening of the spread in income growth that started during the…
Among the most interesting of the long-term economic indicators I track is the Census Bureau’s annual data on the mean (average) household income received by each fifth (quintile) and top 5 percent. See my latest update here. A conspicuous pattern in the series is the widening of the spread in income growth that started during the…
In a healthy stock market situation you would like to see stocks hitting new highs with leading stocks powering the way. However this is not the situation. More so we have 7 distribution days weighing heavy on the stock market. The leading stocks are not providing any substantial returns. This can be inferred either as…
by Rick Ackerman In the past, Rick’s Picks has shunned year-end predictions because there are far too many variables to handicap accurately. I’ve decided to take a crack at it anyway this year because I was curious to see what conclusions purely technical analysis would yield for some widely followed issues. I’m no seer, just a chartist,…
