Chart: US Credit Managers’ Index

Chart: US Credit Managers’ Index

This week the attention falls on the popular Purchasing Managers’ Indexes (PMI) as just about every country in the world provides a timely insight into how their economy is tracking. But one report that often flies under the radar is the US Credit Managers’ Index (CMI) which provides an insight into the US economy and in particular – […]
The Stock Market Has Bucked “Sell In May And Go Away”. A Bullish Sign

The Stock Market Has Bucked “Sell In May And Go Away”. A Bullish Sign

As you probably already know, the stock market’s seasonality is bearish from May – September. That’s where the phrase “Sell in May and go Away” comes from. The stock market has bucked “Sell in May and go Away” this year. It has gone up every single month in Q2 2018 (April, May, June).   When […]
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                        S&P 500 Retailing Index Up 27% In First Six Months Of 2018

E S&P 500 Retailing Index Up 27% In First Six Months Of 2018

Financial markets are considered a forward-looking discounting mechanism. It means they anticipate future events and that current market prices discount or reflect all available information about present and potential events. The markets are, therefore, leading indicators of fundamental and economic data. In the stock market, it is all about expectations. Analysts and investors estimate future […]
CRB Commodity Index Analysis

CRB Commodity Index Analysis

Monthly Chart Pattern – price has been in a downtrend since the 2011 high and the current price action looks corrective in nature. An ABC correction looks to be playing out with price still to put in a wave C high. Bollinger Bands – price is back at the middle band and I am looking […]
Future Supply For Gold And Silver Is Horrendous

Future Supply For Gold And Silver Is Horrendous

SBTV spoke with Daniel Ameduri of Future Money Trends to discuss gold, silver, mining stocks and the future for cryptocurrencies. Daniel also shares about how silver demand from electric vehicle applications and renewable energy will rise. Discussed in this interview: 02:05 Gold price and Fed rate hike 05:43 Gold is a cash position, not an investment 07:50 Bullion vs mining stocks […]
SPY – Medium-Term Risks Building, But Can Rally Near Term

SPY – Medium-Term Risks Building, But Can Rally Near Term

On the weekly chart, SPY remains grossly overbought, but near term there is room to rally – duration and magnitude notwithstanding. Options can help. US core PCE (personal consumption expenditures) increased 1.96 percent year-over-year in May – essentially two percent. The last time this metric, which is the Fed’s favorite measure of consumer inflation, rose […]
Indian Indices Continue Downtrend; Sensex Down Over 280 Points

Indian Indices Continue Downtrend; Sensex Down Over 280 Points

After opening the day in the red, share markets in India have continued their downtrend and are presently trading on a negative note. Sectoral indices are trading on a mixed note with stocks in the metal sector and telecom sector witnessing maximum selling pressure. The BSE Sensex is trading down by 282 points (down 0.8%), while the NSE Nifty is trading down by 94 points […]
AUD/NZD Trade Of The Week: Looking For A Break Of 1.0928 To See 1.1060 Area

AUD/NZD Trade Of The Week: Looking For A Break Of 1.0928 To See 1.1060 Area

FX Week In Review USD An interesting week for the Dollar a strong start as we pushed up to the high of 95.53 and into resistance, but Friday brought a huge drop back to 94.47, so finishing largely unchanged. EUR The Euro still on life support, not showing much life the EXY closing virtually unchanged […]
New Mobius Dapp Store Ranks Number One On Google Search

New Mobius Dapp Store Ranks Number One On Google Search

Today we’re taking a look at one of the lesser-known cryptocurrencies which just had some big announcements, Mobius, and its token, MOBI. Ranked 334 on crypto market cap list, Mobius launched their new DApp store end of June. Since then, the new Mobius DApp store has ranked number one on Google search. Not only that, they […]
If Earnings Matter, Equity Valuation Looks Attractive

If Earnings Matter, Equity Valuation Looks Attractive

With last week’s final reading on first quarter GDP, the Bureau of Economic Analysis provides a final review of the National Income and Product Accounts (NIPA). One category worth evaluating is the corporate profits figures. Corporate profits from the NIPA tables are true economic profits from IRS data and not simply profits based on GAAP. […]