Hard to believe that this is the second to last day of the year. Stocks sold off in a very quiet trade, most likely a little cash raising in advance of a light spray on the tape tomorrow. Most of the adults are off for the year now, and the juniors are executing their pat…
USD vs GOLD relative strength has been won by GOLD. More from RTT Tv Video Length: 00:04:47 NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net Investing Quote… …”Vibration is fundamental; nothing is exempt from this law; it is…
The Latest Conference Board Consumer Confidence Index was released this morning based on data collected through December 16. The headline number of 92.6 was an increase from the revised November final reading of 91.0, an upward revision from 88.7. Today’s number was slightly below the Investing.com forecast of 93.2. Here is an excerpt from the Conference Board press release. Says Lynn…
Despite efforts by the Japanese government and its central bank, the safe haven Japanese Yen surged versus both the Euro and the U.S. Dollar in the wake of a yet another fall in oil prices which has jittered markets’ nerves over perceived possible economic risks in the coming year. In the Eurozone, the concern is…
The only two things in life that are certain, as they saying goes, are death and taxes. The problem is, taxes have become quite complex, especially for pro athletes and other professionals who travel to certain cities, states, and even foreign countries for the purpose of business. In the case of professional athletes, the business…
Click on picture to enlarge When it comes to juiced up performance in 2014, Utilities come to mind. Utilities ETF (XLU) is up just short of 30% on the year (see performance here, click on YTD). This strong rally has XLU up against 5-year channel resistance, with momentum lofty and it could be creating a…
Stocks are on their way to close this year on a strong note-with the S&P 500 index up 15% year to date—the third consecutive year of double-digit growth for the index. With the economy growing at the fastest clip in more than a decade, stocks are expected to continue their upward move, as companies will…
In a new economic letter recently released by the Federal Reserve Bank of San Francisco (h/t @dvolatility), a pair of researchers forecast a price-to-earnings ratio for the S&P 500 of a mere 8 in the year 2025 (due to retiring baby boomers’ waning risk appetites). This compares to 17 at the end of last year. Let’s take this…
Written by Gary The morning session has remained in the red sea-sawing sideways in what has become a quiet session of sorts. By noon the averages were off -0.3% and volume was falling. Session likely to remain down and trend sideways. Our medium term indicators are leaning towards sell portfolio of non-performers at the midday and the session…
The crisis in Germany is brewing at a rapid speed. There is no country that has suffered the pains of Russian sanctions in the West more than Germany because the Russian market has compensated Germany in the past years, covering up many problems of the German economy from the euro crisis. As the economy has turned…
