Market Week In Review – Friday, March 30
A look back at the past week, with ideas and opportunities for next week. Video Length: 00:14:14
A look back at the past week, with ideas and opportunities for next week. Video Length: 00:14:14
As we turn the page into the second quarter of 2018, a number of interesting themes remain across global financial markets. The first quarter of this year turned out to be quite eventful. We got the rate hike out of the Federal Reserve in March and the Fed is now forecasting an additional two moves in the…
Facebook is an epic growth story. It now has an astounding 2 billion active users and a stock that – from an already richly-valued level – rose by 53% in the previous year. In February its market cap peaked at $560 billion, a number that exceeds the GDP of many countries. Over 90 percent of…
U.S. economic growth was revised up from the previous estimate. The biggest gain in three years in consumer spending drove the expansion. Into the Headlines GDP increased 2.9% in the last quarter of 2017 compared with the previously reported 2.5%, per the Commerce Department. Although it surpassed the 2.7% reading expected by a Reuters poll,…
The top 26 cryptos are in the red, with the 4 majors down double digits. This week, 9 of the top 11 are down over 20%. Chart from Investing.Com. It’s difficult to deny a bitcoin crash is underway, but the true believers will deny the crash anyway. The HODLers’ expectations of big bounces are being sold…
I have been calculating DeMark Sequential signals by hand for over a decade now. It’s one tool in my technical toolbox that I have found to be very helpful in identifying major trend changes. Last year I noticed we were approaching a long-term DeMark Sequential sell signal on the SPY ETF. That quarterly 9-13-9 sell…
Fund Manager Dana Lyons joins me today to share his thoughts on the US equity markets. The markets inability to climb back to all-time highs has Dana thinking the top might be in already this year. (Audio length 00:10:55)
The EIA has just released its production numbers for crude oil and natural gas. We think there are a few things that are worth noting about this report, given the recent price action we have seen in crude oil and natural gas prices: As you can see, prices are beginning to rebound to…
The latest technology rout has hit hard FANG stocks, pushing them in correction territory. After Facebook (FB – Free Report) , Alphabet (GOOGL – Free Report) and Netflix (NFLX – Free Report) , Amazon (AMZN – Free Report) has witnessed a decline of 10% from its latest peak. The technology giant saw terrible trading on Mar 28 following Axios reports, which stated that…
The silver miners’ stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it’s important to…