During the day on Monday, we get a couple of announcements, but really nothing to be overly concerned about. We have the NAHB Housing Index numbers coming out of the United States, and of course the EU Current Account numbers coming out of the European Union. With this, we are looking at the following 3…
Perhaps it was just a coincidence that one month ago, as we approached the anniversary of last year’s August 24 ETF flash crash which showed just how broken ETFs can get in a coordinated market selloff during a liquidity vacuum, we previewed “one month ago”, the same funds which suffered acute losses last August just after China…
In this week’s podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy…
Timothy McIntosh is the Chief Investment Officer and co-founder of SIPCO. He is an accomplished dividend growth investor. He also runs The Dividend Manager – a site focused on dividend investing. Timothy’s investment style is explained in brief below (excerpt from The Dividend Manager) “Over the years, stocks of companies that initiate and consistently grow their dividends have outperformed…
With September off to a volatile start, we have been given several new buying opportunities not seen in a while. After all, volatility often equates to opportunity and with that comes the chance to nibble or gorge on stocks at much better prices, values and yields. As many of you have noticed my recent buys…
GBP/USD plunged 275 points points last week, its sharpest weekly drop since early July. The pair closed just shy of the 1.30 level. There are just four events this week. Here is an outlook on the major market-movers and updated technical analysis for GBP/USD. The pound posted sharp losses after British CPI missed its estimate, with…
This is how it always is during corrections in a bull market. Traders get lost in the short term gyrations and forget to look at the big picture. Everyone is panicking like something significant is happening. There is nothing broken about this chart. Price is holding well above the rising 200 DMA and the bear…
Emerging markets ended the week on a soft note. Volatility is likely to remain high as markets are jittery and choppy ahead of the BOJ/FOMC meetings on Thursday. Dollar gains were broad-based last week, but EM certainly underperformed. China markets will reopen after a two-day holiday, but good news out of the mainland is doing little…
“Over 40 years in the air, but in the end I’m going to be judged on 208 seconds.” – Chesley “Sully” Sullenberger Seeing the trailer to Clint Eastwood’s “Sully,” I was blown away by the elegance of the above quote. Take a moment and think about the truth of that statement. In so many professions…
The move in the overall market the past week is yet another perfect example of why you obey your stops and not your emotions. It is unbelievable to think that not only is the Nasdaq above last Friday’s open but the Nasdaq 100 is higher than where it opened last Thursday. That is the market…
