EU Session Bullet Report A trendless pattern with the exception of USDJPY is developing in the markets. EURUSD and GBPUSD have both traded sideways for the past 2 days, unable to take a new direction. The market is waiting for the long awaited ECB rate decision tomorrow along with cues that ECB President Mario…
Successful investors are not the smartest people on earth. Remember, it was Warren Buffett who said that; You don’t need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ. However, there are certain characteristics that you need to have in order…
In a surprising turn of events, Walmart (NYSE:WMT), the world’s largest retailer, announced at its 22nd Annual meeting for investors that it expects earnings per share to reduce by 12 percent during the next fiscal year. The market responded with a bearish blow, sending the Walmart stock price to a 10% crash in a single trading session,…
The United States Dollar has been riding on a high trend for quite some time now. While a strong currency may seem like a great thing, from an economic and corporate standpoint, strong currencies can create a bit of trouble. However, the USD is starting to weaken as economic factors in the US show relatively…
Would you take a drug that caused side effects such as headaches, muscle pain, dizziness, vomiting, uncontrollable flatulence, intestinal bleeding, blindness, or gynecomastia (man boobs)? I bet you’re shouting, “No!” But if the benefits of the drug far outweighed the risks – and the risks themselves weren’t inherently great – you might change your mind….
Millions of Americans were gearing up for some huge event to happen in September, but the world didn’t end and now many of them have given up entirely on prepping. Of course the truth is that some absolutely earth-shattering events did take place last month, but because September did not play out exactly as some were…
Sentiment among homebuilders has been riding high. This month, the sentiment of homebuilders reached heights last seen during the bubble days. Builders have backed up this optimism with housing starts at post-recession highs. While these starts are STILL at levels considered recessionary in previous housing cycles, the trend continues to march upward and bullishly. There is…
Let’s talk about what to watch out for this week…and where it may be leading! Video Length: 00:03:36
Over the past year, we have repeatedly given the quantitative answer that has stumped so many: where did all those overhyped US “gas savings” go, because they certainly did not go into the broader economy, or toward discretionary purchases, as countless economists had said they would. The answer: more gas. Gallup more gaswhen it reported that Americans’ reported changes in spending…
Quarterly Review and Outlook, Third Quarter 2015 by Van R. Hoisington and Lacy H. Hunt, Hoisington Asset Management Economic Realities Future business activity will reflect two economic realities: 1) the over-indebted state of the U.S. economy and the world; and 2) the inability of the Federal Reserve to initiate policies to promote growth in this environment. The…
