Will Real Estate Always Be A Good Investment?
The banking/financial system raises all kinds of worries with zero rates, which are a sort of cancer of money, central banks that do not know how to raise interest rates, banks with terrible balance sheets that are levered to the hilt, coercive and menacing laws (BRRD, Sapin 2, freezing of accounts, as we’ve mentioned the last […]
The Largest Stock Market Bubble In 100 Years
by Erik McCurdy, Prometheus Market Insight Context plays a vital role in the development of reliable market forecasts. Short-term price behavior only has meaning when analyzed in the proper context afforded by the long-term view, so all investing and trading strategies should begin with a thorough understanding of the big picture. The cyclical bull market in […]
EUR/USD: Markets Await Draghi’s Speech
Previous: On Wednesday, trading on the euro/dollar pair closed slightly up (+9 pips). The price spent the whole day within a range of 1.1903 to 1.1950, staying within the 1st of September’s range of 1.1850 to 1.1980. The euro rose to 1.1950 during the European session. From there, the price went back down to 1.1914. There […]
Software Millionaire Fooled By ‘The Dream’ And Saved By Global Macro
Audio Length: 01:33:54 Featuring on this episode is former software entrepreneur turned hedge fund manager, Erik Townsend. I’m sure some will already be quite familiar with Erik—in particular, the macro investing crowd, as Erik also hosts the Macro Voices podcast. After selling his company in 1998, Erik made a few lifestyle and investing decisions which […]
AUDUSD Daily Analysis – Thursday, Sept. 7
AUDUSD stays in a rising price channel on its 4-hour chart and remains in uptrend from 0.7807. As long as the price is in the channel, the upside movement could be expected to continue and next target would be at 0.8065. only a clear break below the channel support could signal completion of the uptrend.
Sensex Trades Flat; Energy Stocks Drag
After opening the day in green, Share markets in India traded down throughout the day and are currently trading marginally above the dotted line. Sectoral indices are trading on a mixed note, with stocks in the realty sector and the metal sector witnessing maximum buying interest. Stocks in the energy sector are trading in the red. The BSE Sensex is trading up by 11 points […]
S&P 500 And Nasdaq 100 Forecast – Thursday, Sept. 7
S&P 500 The S&P 500 had a slightly positive session on Wednesday, as we continue to churn above the 2450 handle. It looks as if the market is trying to find its footing to go higher, and perhaps reach towards the 2500 level. Ultimately, I think that the 2450 level underneath is going to be […]
Safe Haven Currency ETFs Gain, Dollar Loses Amid Geopolitical Uncertainty
Nuclear Tests Safe haven currency funds have been gaining a lot of traction lately, owing to rising geopolitical concerns. North Korea has been continuously testing missiles to develop a nuclear program in order to safeguard itself from potential U.S. invasion, per North Korean leader Kim Jong-Un. North Korea conducted its sixth nuclear test, that of […]
Kirkland Lake Gold Limited: Sell
Background The recent breakout in the precious metals sector with gold leading the way has to some extent re-focused the attention of the investors onto the producers. Kirkland Lake Gold Limited (KL) is one such company which has been under the spot light lately and for good reason, as it is a good quality stock. […]
If It’s Not One Thing, It’s Another
If it’s not one thing, it’s another with this administration. We’ve been saying since the very beginning that although you are of course free to go down with the ship, you should not delude yourself into thinking this ship isn’t sinking. We’d give you the usual caveat that everyone rolls out when attempting to inoculate […]
