Last week in Tesla Troubles, I provided a brief overview of the bullish and bearish cases for electric vehicle (EV) maker Tesla Inc (NASDAQ: TSLA). Let me first make clear that I have nothing against Tesla as a company or its CEO Elon Musk as a person. I believe the future of EVs is incredibly promising. But I…
Natural gas prices popped into expiry today, with the April contract rallying just less than 3% before going off the board. This fit perfectly with our expectations. Our Morning Text Message Alert to trader level subscribers outlined that we saw the April contract as likely to expire from $2.68-$2.7 given recent weather trends, with our…
I like the television show Blue Bloods, starring Tom Selleck, which I think makes me old. The show airs at 9 p.m. Central time on Friday. If I watch it at the appointed time, then I’m necessarily at home. On a Friday night. Watching television. And then there’s the content. The show centers around a New…
SPX Monitoring purposes; Long SPX on 3/22/18 at 2643.69. Monitoring purposes Gold: Covered short GDX on 3/21/18 at 21.86 = gain .073%; Short on 3/6/18 at 22.02. Long-Term Trend SPX monitor purposes: Long SPX 3/14/18 at 2749.48. On the top window is the equity Put/Call ratio which closed yesterday at .76. Readings above 75 predict…
Tesla Stock (TSLA) is getting crushed following chipmaker Nvidia Corp’s (NVDA) decision self-driving. Tesla stock is down 7%. Nvidia has suspended self-driving tests across the globe, a week after an Uber Technologies Inc. (UBER) autonomous vehicle hit and killed a woman crossing the street in Arizona While Tesla is getting pounded so is NVDA stock….
Today was yesterday’s alternative ending… Video length: 00:01:12 Only Nasdaq remains marginally green on the year… Today’s fun and games started with comments from Wilbur Ross on “emergency” curbs on Chinese investment but then a series of headlines on megatech – NVDA self-driving car suspension, TSLA NTSB probe, FB hearings and more headlines, and GOOGL…
Audio Length: 00:09:13 There is a lot of uncertainty around the cryptocurrency market in general — and the recent volatility in the price of Bitcoin says it all. Where does this uncertainty come from? When most people buy Bitcoin, they still have no idea exactly what it is they’re buying — which leads to selling shortly after buying. For…
The Japanese Yen underperformed in Asia Pacific trade, falling against all of its major counterparts as a recovery in risk appetite sent regional bourses higher and undermined support for the standby anti-risk currency. The MSCI Asia Pacific equities benchmark added nearly a full percentage point. Selling pressure may have been compounded by a brighter view of relative…
Video length:00:12:43 Stocks whipsaw back down today led down by big tech. The generals that led this market higher have been taken out. Watch this urgent video right now to find out what that means for the rest of the market…
Flattening Yield Curves Must Not Be Ignored: The Case in Canada The debate about the true meaning of a flattening yield curve continues, especially among FMOC members. As reported in recent blogs[1], Chairman Powell suggested that low inflation diminishes the usefulness trying to forecast a recession based on the spread between long and short Treasury…
