Article By:
Michael Gayed
Monday, February 18, 2019 7:32 PM EST
Last week, markets rallied strongly, and the unrelenting streak of consecutive up weeks following the December lows continues. My problem with the move is that Utilities and Treasuries are not breaking down.
In this article: XLU, SPY, TLT Also: QQQ, IEF
Read
Article By:
Tyler Durden
Monday, February 18, 2019 6:00 PM EST
The drop marked the eighth monthly retail sales decline in a row and was the biggest one-month drop in seven years.
In this article: CARZ
Read
Article By:
John Rubino
Monday, February 18, 2019 5:20 PM EST
In an environment of massive central bank money creation, rising government deficits and a populist takeover of many countries’ political systems gold has spiked to around $1,350 four times, only to be smacked back down each time.
In this article: GLD Also: UUP
Read
Article By:
Mish Shedlock
Monday, February 18, 2019 4:40 PM EST
There is no reason to believe the US will be immune to a global slowdown. People thought that China would decouple in 2008. It didn't. The US won't either.
Read
Article By:
ForexNewsNow
Monday, February 18, 2019 4:20 PM EST
The Aussie dollar found a strong support near the 0.7080 level against the US Dollar. The AUD/USD pair started a decent upward move and broke the key 0.7110 resistance level.
In this article: UUP, FXA
Read
Article By:
Todd Sullivan
Monday, February 18, 2019 4:00 PM EST
This report has no particular significance when placed in context with the trend since 2009. There is a typical volatility for the series mostly due to data collection, but the trend continues higher.
Read
It’s not hard predicting what comes next: The 2020s will be the decade when gold, silver, and commodities see a monster bull market as everything financial begins to deflate.
Growth, credit risk, financial stability and inflation are what really set interest rates. The government and the market can try to influence these things, but they can’t control them.
Momentum investing is predicated on corrections in pricing taking longer than the “instantaneous” adjustment predicted by EMT.
The S&P 500 futures are off 0.05% but this is a US holiday so markets remain thin. The S&P 500 was up 1.09% Friday.
Now if we recover 'too quickly', then the Fed has 'legitimate' rationale to be tougher; otherwise slower progress tends to be more favorable for the market, with less upward pressure on rates.
Is there sufficient technical justification to support wildly bullish claims for new highs in gold prices? Does technical analysis need to be so convoluted? ...risk on the downside is still significant. Possibly much more than most recognize.
