The market-related factors of Hurricane Harvey are impossible to estimate but construction and rebuilding will be major projects in the area for at least several years ahead. Fortunately the ‘...
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, w...
Last week’s blog post, The Changing MLP Investor, received more interest than usual.There’s no shortage of research explaining why MLPs are cheap, but it seems few stop to consider the mindset of...
USDCAD is facing 1.2413 support, a breakdown below this level could signal resumption of the downtrend from 1.3793, then next target would be at 1.2300, followed by 1.2050. Resistance is at 1.2778, o...
There will be an option expiration on the Comex tomorrow, August 28th for the September contracts for gold and silver. Silver is a more significantly active metal in the September contract. The focus ...
Henri Cartier-Bresson Trafalgar Square on the Day of the Coronation of George VI 1937 The Jackson Hole gathering of central bankers and other economics big shots is on again. They all still like the...
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the CAD(4X) followed by the EUR(3X) and the AUD(2X). The w...
On July 23rd, I posted that a short term top was near due to overbought sector sentiment. We’ve now had a short term dip, but is it enough? If we look at 7 day momentum and sentiment for the S&...
The Dow Jones made its last all-time high (BEV Zero) on August 7, and for the past fourteen trading sessions the Dow, moving in tiny baby steps, hasn’t moved further than 2.01%. Following this mar...