Gold keeps pounding away at resistance. Here’s what the setup portends.
The market is not threatening to break a major trendline. Here’s what this means for the short term, intermediate, and long term outlooks. Also, we’re peeling a few longs off the daily trades list and adding a few more shorts. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format.…
Whipsaws are a fact of life in the trading business, and yesterday may have been the mother of all whipsaws. I learned early in my career that when a signal whipsaws, you had best heed the whipsaw signal. As a result, we’ll close out a few trades today, add stops to others, and watch others closely. In addition, there are…
Corrections: One of the symbols had a typo. ECI should be ECL. Several new trades are being added to the list today. There are 2 new shorts and 10 new longs. Market Update Pro subscribers click here to download the daily trades update in pdf format. Not yet a subscriber? Try the Market Update Pro including Daily Trades Beta risk free…
A confluence of factors has led to powerfully bullish liquidity conditions. That’s about to end. Here’s how, and what it means for your investments.
Daily trades for August 15, 2017. Market Update Pro subscribers click here to download the daily trades report in pdf format. Not yet a subscriber? Try the Market Update Pro including Daily Trades risk free for 90 days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Start your risk…
Gold rallied to a key resistance level last week but has pulled back from a critical resistance level.
The market broke short and intermediate term trend support last week. This is a critical moment in market history. It behooves us to understand and pay attention to technical analysis now more than ever. It could mean the difference between whether your investments survive or not! This report tells you what last week’s market turnabout means, and what to look…
The TBAC issued its twice quarterly report to the Secretary of the Treasury on August 2. This is perhaps the most important such report I have seen over the past dozen years or so that I have been reading them. You need to know what it says and what it means so that you can protect yourself and even take…
Gold’s promising pattern a week ago has now turned into one that looks fraught with risk. Here’s what we’re doing about it.
While the Dow plowed to new highs, the broader market went nowhere. There were signs of technical deterioration. Here’s how trends and cycles set up, and what to do about it. Market Update Pro subscribers click here to download the complete market update, including the proprietary cycle screens report in pdf format. Not yet a subscriber? Try the Market Update Pro risk…
Data from the US Treasury’s Daily Treasury Statement for July showed that tax collections were strong again. The lagging economic data releases should follow this path. Here’s what that means for traders.
Posts from Other Publishers
World stock markets were mostly weaker overnight.
The Fed and the US Treasury are the 800 pound gorillas of the US stock and bond markets. Their actions have largely determined the direction of the markets for the past 15 years.
That’s why I developed the LAMPP indicator to track their combined impact, and why it has worked so well. I expect it to continue to do so far into the future. It behooves us to pay attention to its message from week to week.
At times when the LAMPP is yellow, some of the dozens of other market liquidity indicators that I track may help us to understand whether to stop or go.
When the Fed is not controlling the market, something else is – and it’s probably not what you’re being told.
The post Foreign Banks’ Have a Greater Impact on This Bull Market Than You May Think appeared first on Lee Adler’s Sure Money.
According to CoreLogic, California and Maryland are the states that are most highly correlated with fraud risk (and are the areas that will be the best predictors of nationwide mortgage fraud).
Why are profit margins persistently high? With decent earnings this quarter, corporate profits as a % of GDP will approach (maybe exceed) 10% again. That is abnormally high compared to the period 1960 to 2000. Margins actually started to rise in the mid-80s but really accelerated after 2000 and outside of the 2008 crisis have remained…
Global markets are indicating heightened vulnerability.
The gold price experienced volatility earlier this week thanks to the U.S. dollar and rallying stock market.
However, the metal has proven resilient as it’s still on track for a weekly gain.
The (Un)Commonwealth of Puerto Rico, whose General Obligation bonds are in default, just saw their 5.75% coupon bond fall below $50 for the first time.
The University of Michigan survey of consumers just released their montly update on inflation expectations.
George Soros is betting against three of the major market indexes.
Of course, this wouldn’t be the first time he bet against an entire economy.
World stock markets were mostly lower in overnight trading.