Japanese Bond Market Volume Collapses To Record Low
With volatility at record lows… The Japanese bond market remains paralyzed with trading volumes hitting record lows as private bondholders no longer dare to even breathe without instructions from the central bank. Gross purchases of JGBs by investors dropped 22% to 12.6t yen ($115.1b) in July, the least since May 2016, according to the latest data from Japan […]
The ETF Effect – And The Opportunity It Presents For Investors
There is a repeating dynamic in US equity markets. It represents an opportunity for investors. News breaks – authenticity not required. The information is parsed based upon simplistic memes, general ideas which have worked in recent trading. The fastest algorithms jump on the trade, using the ETFs that fit the story. (The Seattle Times describes this, citing Josh […]
EUR/USD: Overshoot; Technicals Point To A Tactical Retracement; Levels & Targets – Barclays
EUR/USD is drifting higher, but in a relatively narrow range. Has it gone too far? Here is the view from Barclays: Here is their view, courtesy of eFXnews: Barclays Capital FX Strategy Research argues that EUR/USD has likely overshot and expects monetary policy divergence to remain an important element for a tactical retracement. Barclays also notes […]
Three Fast-Growing Under The Radar Markets Probably Aren’t On Your Radar
These three fast-growing markets probably aren’t on your radar. If you want to make big gains in the market, you need to invest in growth. Just consider the gains you could have made during the U.S. consumer boom in the 1950s… From 1950 to 2015, U.S. GDP per capita rose 690 percent, adjusted for inflation. […]
Oil: A Storm Surge
Tropical storm Harvey has the potential to be the first hurricane to hit the Texas coast since 2008 and could be on a path to hit directly into the heart of the U.S. “Refinery Row” which equates to about one-third of capacity and running about 7 million barrels a day. One track of the storm […]
Good Luck
Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB) DOW – 87 = 21,812 SPX – 8 = 2444 NAS – 19 = 6278 RUT – 1 = 1369 10 Y – .04 = 2.17% OIL – .06 = 48.35 GOLD + 5.90 = 1291.30 BITCOIN + 0.29% = 4203.23 USD ETHEREUM – 1.81% = 318.06 Stocks […]
Chipotle Mexican Grill: A Quick Lesson In Trending
Last week, I thought a quick burst of morning buying in Chipotle Mexican Grill (CMG) was a potentially bullish sign for the hapless CMG. I anticipated buyers might finally be ready to stave off the relentless selling pressure. I even bought a call option and shares as a part of my speculation. So far, the […]
EURUSD Daily Analysis – Thursday, Aug 24
EURUSD continued its sideways movement in a trading range between 1.1662 and 1.1909. As long as 1.1662 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and further rise towards 1.2000 could be expected after the consolidation. On the downside, a breakdown below 1.1662 support will […]
Stocks And Precious Metals Charts – A Rendezvous With Destiny
“The Unspeakable. What is this? Surely, an eschatological image. It is the void that we encounter, you and I, underlying the announced programs, the good intentions, the unexampled and universal aspirations for the best of all possible worlds. It is the void that contradicts everything that is spoken even before the words are said; the […]
