Watch for the S&P Consumer Staples, Real Estate & Utilities Sectors and the Dow Utilities Index to join the others and turn red (in the 5-Day MA column)…as a potential warning of a bear market in the making. What we’d need to watch for as counter-indicators to such a scenario is described here, here, here, here and here. Source: Barchart.com
After opening the day in red, share markets in India have continued the downtrend and are presently trading below the dotted line. Sectoral indices are trading mixed with stocks in the metals sector and stocks in the power sector trading in red. While stocks in the consumer durables sector are trading in green. The BSE Sensex is down by 160 points (down 0.5%) and the NSE…
In a previous article, we discussed some of the benefits of renting a house compared to buying it. We presented the argument as to why renting is better than buying while filling in the gaps which are counterpoints as to why buying might be better. While most of the arguments made can apply to people of…
Active Equity Fund Managers Stuck in the Rough, While Active Bond Managers Tend to Stay on the Fairway Since the launch of the State Street Global Advisors S&P 500 exchange-traded fund (SPY) in 1993, passive, index-replication portfolio construction has been widely adopted and represents the common investing experience of John and Jane Q. Public. Passive…
Once again, a sell-off in tech stocks acted as a trigger for broader market losses on Tuesday. Sector heavyweights suffered reverses due to disparate concerns. But financials also declined after Treasury yields plummeted leading to broad losses for the bourses. And it is widely believed that the rout in tech stocks, which is likely to…
Today we’re looking at EOS, a cryptocurrency which one of my favorite late night show hosts, John Oliver, criticized recently on investment fraud. EOS is the token for a platform called eos.ios. The journey of EOS started in mid-2017 by Dan Larimer, founder, and creator of Bitshares and Steem. The system intends to support more…
Featured is the weekly gold chart. The pattern is a ‘cup with handle’. The supporting indicators are positive, as are the moving averages. A breakout at the blue arrow will be very bullish and will attract a lot of investment capital.
Encouraged by an expanding economy, employment gains, higher consumer confidence, surging household net worth, and persistently low fares, a higher number of Americans are planning to fly to their favorite spring destination. This is especially true as the report from the U.S. airlines group, Airlines for America (A4A), shows that air travel is expected to…
The single most important price in all of capitalism is the interest rate—-and at all points on the maturity curve. And the single most important truth about honest interest rates is that they must be discovered by markets, not imposed by the state. We got to ruminating about those core propositions when we read that San Francisco Fed head, John Williams,…
