S&P 500 The S&P 500 fell during the day on Tuesday, as we continue to bounce around the 2050 region. We tested the 2040 handle for support again, and of course found it there but as you can se...
Japan’s economy returned to growth through the first quarter (1Q) of 2016. However, the optimism this data may otherwise supply is significantly diminished by the volatility in the economy’s perfo...
The fallacy in this assumption is that homeowners’ incomes do not automatically rise along with housing valuations. In my recent entry Dear Homeowner: If You’re Paying $260,000 in Propert...
Slightly better than expected data from the UK: the Claimant Count Change is at -2.4K, better than expected for April. Wages are mixed, with a beat on average hourly earnings at 2% y/y, but when exc...
The majority of Q1 earnings are behind us, and overall weakness is confirmed. As of May 13, 2016, 91.8% of the S&P 500 index’s total members have announced their results with a total earnings de...
EUR/USD 4 hour The EUR/USD broke the bear flag chart pattern (dotted purple) as price heads lower to the Fibonacci targets. For the moment the wave count has been labeled as a continuation of wave ...
How much more can the gold rally sustain? On a year to date basis, the precious metal has carved for itself a unique distinction of gaining over 20%. A quick comparison of the US stock indices shows G...
After showing weakness last week and creating some bearish-looking technical formations, stocks took a turn for the better on Monday. Perhaps it was renowned value investor Warren Buffett breaking fro...
The news out of Japan is positive. Its annualized quarterly growth came in much higher than expected surprising markets and investors alike. Real gross domestic product (GDP) for the January-March per...
Warren Buffett’s newest 13F filings were recently released… The Oracle of Omaha has invested in another tech company. This is only Buffett’s 2nd large technology company investment. The fir...