Is The Great Rotation upon us? Or is this the umpteenth head fake of 2017? I am talking about the transition of the market focus from technology growth stocks to reflationary value stocks, which som...
Last week former Fortress Principal Michael Novogratz made headlines in the cryptocurrency world when he told attendees at the CB Insights Future of Fintech conference that he has cut holdings (in B...
“Rusty” Braziel runs RBN Energy, a firm that provides very useful research on production trends in U.S. hydrocarbons. Their website maintains a regular blog and also offers deeper analysis on spec...
With solid employment, rising income, low gas price, and higher consumer confidence, more Americans will binge on travel and barbecue this Fourth of July. AAA estimates that a record 44.2 million Amer...
We’re betting on the euro as we believe that the EURUSD currency pair is set to continue its growth for the foreseeable future. As we see it, there are 7 reasons for this: 1. The ECB has hinted at a...
A new month brings a new RBA decision as the Aussie is struggling despite an upbeat Chinese figure. What can we expect or not expect from the RBA? Here is their view, courtesy of eFXnews: ANZ Researc...
If you’re out there looking for contrarian indicators, it’s probably worth noting that investors flipped short USD for the first time in a year according to the latest positioning data. As Deutsch...
The Econoday consensus expected a bounce in May construction spending but the only bounce was an April revision from -1.4% to -0.7%. May was flat vs an expected bounce of 0.5%. Spring 2017 was not th...
Last week I called the Oil bottom and reversal together with my bullish view in Wheat. I did not trade both but only Wheat. Oil is showing signs of being overbought on the daily chart. Bulls need...
The June US Manufacturing Purchasing Managers’ Index conducted by Markit came in at 52.0, down from the 52.7 final May figure. Today’s headline number was slightly below the Investing.com...