We perform technical analysis of the charts using candlestick charting. Indicators used are the relative strength indicator as well as the stochastic. We are very bullish on the gold stocks and very bearish on the US Dollar.
from the International Monetary Fund — this post authored by Chris Lane and Elliott Harris In 2015, 193 countries adopted the 17 Sustainable Development Goals (SDGs) as an overarching policy roadmap through 2030. These goals are predicated on the idea that for a sustainable future, economic growth must go hand-in-hand with social inclusion and protection of the environment….
Oil prices face a day of reckoning as the U.S. decides whether it will remain in the Iranian nuclear accord, and the realization is that due to underinvestment in oil it might be difficult to replace Iranian oil if it is taken off the market. What also is clear the market is going to be…
The bad news about the next recession: most economists won’t predict it. The worse news: the few forecasters who will accurately predict the next recession will also be predicting recession for years of prosperity. Even though forecasts are not perfect, there are some warning signs that business leaders can use to assess the risk of…
If you repeat a myth often enough, it will eventually be believed to be the truth. “Stop worrying about the market and just buy and hold stocks.” Think about this for a moment. If it were true, then: Why do major Wall Street firms have proprietary trading desks? (They aren’t buying and holding.) Why are…
This week will be a big week for political negotiators, and traders are taking notice. Of specific interest is the Iranian nuclear deal which is poised to crumble if a new nuclear deal cannot be reached. Trump has set May 12th as the deadline by which new deals must be reached. Trump has called the prior…
Shares of Air France-KLM crashed as much as 14% on Monday – the company’s biggest drop since 2002 – after CEO Jean-Marc Janaillac, announced his resignation as company workers rejected a pay proposal that would’ve ended a crippling strike. The company’s shares have slipped 40% since the beginning of the year, making it the worst…
The Industrials Sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between. Today I’m reviewing a Small Cap Turkey-based Infrastructure Operations firm engaged in the construction of…
The U.S. stock market indexes gained between 1.3% and 1.7% on Friday, retracing most of their last week’s move down, as investors reacted to monthly jobs data release. The S&P 500 index got closer to its Monday’s local high, and it currently trades 7.3% below January 26 record high of 2,872.87. The Dow Jones Industrial Average gained…
On Friday, the BLS updated hourly wages and jobs information. Let’s backtrack to the start of the recovery for details. Hourly Wages by Job Classification Year-over-year, hourly wages are up 2.6%. That is barely keeping up with inflation, assuming you believe BLS consumer price statistics. Regardless, it certainly makes a huge difference where you work….
