Fading an overextended market move is always tricky. Risky too. To go long on something you estimate is oversold, or to go short on an asset you think might be overbought, means capitalizing on a market sentiment misstep. And it ...
This week I wrote a Daily on USO, the US Oil Fund. Plus, I did a video for CMC Markets on those 2 commodities plus on Dollar pairs with Yen, Euro, British Pound. I wrapped things up with a look ...
The Buy Black movement has triggered a series of intense debates in the black community and the wider America. Activists proposed this project as an opportunity to generate wealth for black Americans by supporting black entrepreneurs. On the downside, others ...
Banks have been tightening their lending standards, and they plan to keep doing it throughout the rest of the year. Last week, the Board of Governors of the Federal Reserve released a new report on how much banks plan to ...
The dollar became the dominant global currency not so much because of its own merits, but because of the self-destruction of the pound sterling caused by the British state and central bank. Original Article: “How the Dollar Became the World’s Top Global ...
In this edition of the GoNoGo Charts show, drilling into the equity landscape, Alex & Tyler share a GoNoGo Sector Relmap to find the sectors outperforming the rising S&P500. Leadership is now squarely focused on growth equity sectors – XLK, ...
On this week’s edition of Stock Talk with Joe Rabil, Joe shows how to use the 18- and 40-SMA lines to define the trend in multiple timeframes. He explains what defines a trend, no trend as well as a transitional ...
Most of the time, the spot price of copper is very well correlated with what stock prices do. Occasionally, there is a momentary squeeze in the copper market, resulting in a spike top that is not reflected in stock prices, and ...
The 2023 graduation season is now underway. The famous, generous, and politically powerful (especially those currently in federal office, who are cheaper because they are banned from being paid for giving speeches) will be dispensing (often very limited) wisdom about ...
We’re supposed to go along with Green Energy schemes—as we did with masks, school lockdowns, and vaccinations to stop covid—because our government, media, and “public interest” groups insist that we “follow the science.” Original Article: “How Greening the Economy Will Destroy America” ...