Still thinking about that perfect Christmas gift for someone special? Still mulling over a good investment going forward? Two distinct questions with two totally different answers, right? Maybe not… Diamonds could be the answer to both. For centuries, diamonds have served as a preserver of wealth, along with gold and silver. And like precious metals,…
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are sometimes posted on…
And so it begins…Collapsing crude prices are starting to make their way through the North American energy sector, as the most unprofitable oil & gas rigs are mothballed. Those flashing red numbers are not just on your screen any more. Source: Baker Hughes The closures have been particularly acute in Canada, where some 40 oil…
This market has had the “market” beaten out of it. If I had any sense – or, more precisely, if I had the sense to not have any sense – I’d just throw charts and reason out the window and dump my entire net worth into SPY calls so I could spend the next ten years cleaning out…
Here are my forecasts for upcoming economic data.
Just when it looked liked the market was going to stumble over the edge of the cliff, the bulls backed away from a meltdown… and then some. After a nasty 3.5% pullback in the second full week of December, the bulls countered with last week’s 3.4% bounceback, and tested new record highs in the process….
While “lowflation” continues to stun central bankers around the world, Zee Germans remain stoic on the sidelines (courtesy of Jens ‘nein nein nein’ Weidmann’s last voice of reason left in the world) in their derision of the ECB’s sovereign QE efforts. If you wondered why they are so vehemntly opposed to the printing of money……
“I can hire one half of the working class to kill the other half.” Jay Gould, aka the Mephistopheles of Wall Street. Video Length: 00:25:21
Welcome to edition 235 of Insider Weekends. The prolific buying by insiders of energy companies lost some steam last week even as oil and energy stocks rebounded sharply along with the rest of the market. With the S&P 500 closing less than 5 points off its all-time high, insider buying also picked up with insiders…
Welcome to edition 235 of Insider Weekends. The prolific buying by insiders of energy companies lost some steam last week even as oil and energy stocks rebounded sharply along with the rest of the market. With the S&P 500 closing less than 5 points off its all-time high, insider buying also picked up with insiders…
