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January 2018 Texas Manufacturing Survey Sharply Declines

January 2018 Texas Manufacturing Survey Sharply Declines

Of the five Federal Reserve districts which have released their January manufacturing surveys – all are in expansion. A complete summary follows. Analyst Opinion of Dallas Fed Manufacturing Survey This survey remains well into positive territory with new orders declining and unfilled orders declining – but both well into positive territory. This was a weaker […]
Bullish Watch-List To Keep The Profits Rolling In

Bullish Watch-List To Keep The Profits Rolling In

January has been an amazing month for trading in the stock market.  So far we have yet to see the market crack. Each dip continues to get bought back up with undeniable ferocity.  While a pullback would, no doubt, be welcomed, the goal here is to continue to ride this trend higher for as long as […]
The Market’s Direction Hinges On These Data Points

The Market’s Direction Hinges On These Data Points

This week we have several very important economic reports coming out. These top tier reports will give us key data on future indicators regarding factories, jobs, and consumer confidence. The biggest report is coming out Thursday; the ISM Manufacturing Index. This forward looking report has a long track record of accurately gauging the direction of […]
Gold Technical Analysis: Wait Before You Buy

Gold Technical Analysis: Wait Before You Buy

Gold is having a good year, thanks to a weaker dollar. YTD, gold has gained 4% and I believe there is more to come. As shown in the chart below, gold passed the four-month high of $1357 last week. As it regularly happens, financial assets tend to retrace after hitting a significant high. The same […]
Chart Of The Day: Bitcoin Trust Spikes On Stock-Split

Chart Of The Day: Bitcoin Trust Spikes On Stock-Split

With Bitcoin prices down around 5% overnight and unchanged from Friday’s close, shares of the Grayscale Bitcoin Investment Trust are up 8% this morning following news of a 91-for-1 stock split… GBTC is surging on nothing more than a stock-split… Sending GBTC’s implied price for Bitcoin to over $17,600 – a 55% premium to the underlying price!
Dollar Bounce May Not Be Sufficient To Avoid Turn Around Tuesday

Dollar Bounce May Not Be Sufficient To Avoid Turn Around Tuesday

The US dollar is having one of its best days in three months. It is coinciding with the push in 10-year yields above 2.70% and the two-year yield at its highest level since 2008 (~2.13%). It may have been encouraged by a push back against the ECB hawks who want to end QE as soon […]
Ethereum Price Remains Strong

Ethereum Price Remains Strong

The Ethereum price has been strong lately. During a recent crypto market downturn it managed to continually post gains. Over the past few days it has again been making gains and seems poised for another long upward movement. Ethereum Price On the Rise Aside from a single day, Ethereum price has closed over $1,000 since January […]
Key Risks Facing The Markets In 2018

Key Risks Facing The Markets In 2018

Sam McElroy, joins me to outline the key risks he sees in 2018 for the markets. After a historically boring market through all of 2017 there are some factors that Sam is keeping his eye on for this year. We discuss political factors, central bank policy, and overall optimism. (Audio length 00:12:13)
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                        Do Bond Prices Have Momentum?

EC Do Bond Prices Have Momentum?

Here’s a strange thought from Jeff Gundlach, one of the world’s largest bond managers: “If you get above 3%, then it’s truly, truly game over for the ancient bond rally.” And here’s Bill Gross from earlier this month: Gross: Bond bear market confirmed today. 25 year long-term trendlines broken in 5yr and 10yr maturity Treasuries. — Janus […]
25 Stocks Powering The $300B SPY ETF For 25 Years

25 Stocks Powering The $300B SPY ETF For 25 Years

The world’s largest and the ultra-popular large cap ETF, SPDR S&P 500 ETF Trust SPY, has been enjoying its strong asset accumulation on the completion of its 25th anniversary. This is because it has become the first ETF with $300 billion in AUM. Though SPY’s inception date is Jan 22, 1993, it officially debuted on the American […]