There is so much noise. We need to simplify things. One of things I suggest is look at a weekly or a monthly chart. You will see exactly where you are at. SPY- Stock Market Bullish GLD -Gold Market Bearish
When you think of helium, you may envision buying a bunch of balloons for a party, or uttering something in a goofy, high-pitched voice, or perhaps pointing out an occasional blimp hovering overhead. What you might not know is that while helium is the second-most abundant gas in the universe (behind hydrogen), on Earth, it’s considered…
Having claimed ‘foreign interests’ were “waging an economic war” against China, it was ironic that the most outspoken of Chinese SOEs is now under investigation for ‘selling’ shares when it was told not to. As Reuters reports, China is extending its dragnet for “malicious sellers” to Hong Kong and Singapore as the witch hunt blame-mongery continues, Rather ominously,…
Last week was the birthday of JK Rowling’s creation and wizard kid Harry Potter. While Harry Potter moved from the world of non-magical people called Muggles to the wizarding world of Hogwarts, investors lapped up the opportunity to benefit from the millions of copies sold and billions earned through the film series. JK Rowling had…
I added Star Gas Partners (SGU) to the Barchart Van Meerten Speculative portfolio for great price momentum. Barchart technical indicators: Stocks: SGU 100.% Barchart technical buy signals Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 16 new highs and up 13.02% in the last month Relative Strength Index 75.75 Barchart computes a technical support level…
EUR/USD The EUR/USD pair essentially went nowhere during the course of the week, as we continue to bounce around between the 1.08 level on the bottom, and the 1.12 level on the top. With this, I believe that the market continues to bounce around and very short-term type of moves in both directions, so quite…
There are two events this week that will shape the investment climate potentially for the rest of the year. The first is the Bank of England meeting. The following day is the US employment report. Both events take on added significance. The Bank of England enters a new era. The Monetary Policy Committee meets as usual,…
BEA Reports 2nd Quarter 2015 GDP Growing at 2.32% by Rick Davis, Consumer Metrics Institute In their first estimate of the US GDP for the second quarter of 2015, the Bureau of Economic Analysis (BEA) reported that the economy was growing at a 2.32% annualized rate, up +1.68% from a revised +0.64% growth rate for the first quarter…
The ISM Manufacturing Index is expected to post a modest increase to 54.3 in tomorrow’s update for July vs. the previous month, based on The Capital Spectator’s average point forecast for several econometric estimates. The prediction is well above the neutral 50.0 mark and so the current outlook still calls for moderate growth for this…
This is the monthly monthly Logical-Invest newsletter for August 2015. Strategy performance overview: symbol close year to date % ▴ 3 month % 1 month % 1 day % 60 day volatility 60 day correlation 3 month Sharpe 12 month Sharpe 36 month Sharpe MYRS 655.65 11.96 7.07 6.51 0.79 17.98 0.79 2.63 1.92 2.97 UIS-SPXL-TMF 6117.16…
