The abundance of open gaps is one of the many technical issues that give pause about the eventual sustainability of this historic liquidity driven rally.
Google Play Music is officially starting the process of shutting down their service in August, with plans to completely close down servers by December. Low number of users and an inability to capture market share from stiff competition like Spotify and…
The pandemic and the responses to the pandemic have been continuous sources of stress.
Ongoing economic uncertainty exacerbated by the coronavirus crisis has sent Japanese household consumption spiraling. Monthly data released by the Statistics Bureau of Japan show that households of two or more people spent 16.2 percent less in May than…
This chart says the price of gold will double in 4 months. Is now a good time to get aboard?
Thanks to nationwide reopenings throughout the month, the U.S. manufacturing sector continued its rebound in June after sharp declines in March and April. According to the Census Bureau’s latest report on Manufacturers’ Shipments, Inventories, & Orders…
If Netflix is one of the companies better suited to thriving within or despite the special circumstances created by the COVID-19 pandemic, Disney is certainly at the other end of that spectrum. With theme parks and retail stores temporarily closed, cru…
Even before the devastating blast in its capital city Beirut yesterday, Lebanon was a country in crisis on a number of fronts. The explosion in the port area of the city has claimed the lives of at least 100 people, injured thousands and caused widespr…
Approximately 25 million U.S. adults will stop receiving $600 federal uemployment checks from July 31. Under new proposals by Senate Republicans, those benefits would be slashed 43 percent and replaced by a $200 weekly payment through September. That i…
Interesting that you say gold is overbought. It’s just now reaching intermediate price projections after it recently broke out of a multi-year high, with a conventional measured move objective that’s significantly higher. Short term projection was 2125. I wouldn’t sell it at least until it breaks a trendline.
This really is just the mirror image of the ongoing collapse in the dollar. Here’s where it’s headed.