Expect some consolidation Forming a potential H & S? Will wait for confirmation Daily RSI has rooms to fall Data Dependant on ADP & Non Farm Payroll Previous yellow box was a bullish wedge Forecast next yellow box is a bearish wedge?
We're expecting a lot of weakness in the U.S. Dollar because of the Fed's upcoming meeting on Wednesday where we're not expecting them to be hawkish, or as hawkish as they have been.
We have two huge risk events coming from the U.S. this week, both on Wednesday. GDP is expected to fall massively from the last reading, and with the recent string of bad data from the U.S., we're expecting some more dovish comments from the Fed on Wednesday. Short the Dollar.
Heritage Insurance Holdings (HRTG) stock trades at a P/S of 2.69, a P/B of 2.47, and an excellent P/E of 12.94. It has an incredible forward P/E of 6.68! The catalyst: Federal Reserve rate hikes later this year will benefit insurance companies like Heritage. The chart shows a consolidation pattern but it's dangerously close to breaking below the 50 day moving...
European stocks are out performing U.S. stocks. European stocks are up +7% in 2015 as of market close on 4/17/2015. The S&P 500 is up +1% in 2015. The global financial oligarchy has deemed the U.S. stock market's bull rally at 6+ years should now come to an end or at the very least, drastically slow down. Meanwhile, the coordinated central bank action is to...
2007-2012: Convergence between S&P500 trend and yield on Treasury 30y USA: - Downhill stocks leads to a reduction in yields on the bond market . The flow of money coming out of the US stocks and goes to US bonds for the "safe haven" - RISK OFF. - Rise in share prices on stocks leading the market yield bonds to rise due to the vendite.Flow of money out of the US...
It's been more than 6 years since the last major financial crisis occured in 2008. If we assume financial crisis come out almost perodically in every 8 - 10 years then I think it's time to start thinking whether we are close to the next one. 10Y US treasury notes have always been preferred investment tool for non-risk takers regardless to the financial...
Lets try to rationalize that the Dow Jones Industrial Average (DJIA) made over 50 new “all-time” highs in 2014 and nearly as many in 2013. As I have said, while learning from my near decade in financial markets, trading (and sometimes investing) defies logic. Gold still has been trading rather technically, opposed to what many may say is fundamentally driven....
Gold seen support, forming a triple bottom near 2013's low, which still remains solid support. $1,239 still remains an intermediate target before higher longer-term resistance levels are reached. In my opinion, given the overall bearishness, if the economy and such was so remarkable, gold would have sank by now. Even four-year highs on the DX couldn't send it...