Finance

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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

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

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

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

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…

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

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….

Trump’s Art Of The No Deal

Trump promised to be America’s dealmaker in chief, touting his “extraordinary” ability to negotiate. But so far – whether he’s dealing with foreign governments or with Congress – Trump has shown that he can’t make a deal. Here’s the list: 1. No deal with North Korea. Following his June 12 summit with Kim Jong Un, Trump declared on Twitter…