Monthly Archives: December 2017
Stocks And Precious Metals Charts – Thankfulness
There was a little more action in the markets today than I might have otherwise expected, especially in the afternoon session. Stocks were weak, being led lower by the big cap techs. And the SP 500 got into the act, selling off rather handily in the closing hour. We will have to keep a close…
Ripple Price Heading Towards $2, Market Cap A Third Of Bitcoin
The price of Ripple, the cryptocurrency that Japanese banks are warming to, is not stopping after the big break above $1.50. At the time of writing, XRP/USD is trading at around $1.93 according to the Bitsmap exchange. The high so far has been $1.95. Ripple at $2 is getting close less than a week after the price…
S&P 500 Snapshot: Where Is The Santa Rally?
The S&P 500 closed out 2017 with a gain of 19.42% and 62 record highs. Week-over-week saw a loss of 0.36%, showing a lack of a “Santa Rally”, but we still have the first few trading days of the year to find out. We will see if the passage of the tax bill causes any…
S&P 500 Snapshot: Where Is The Santa Rally?
The S&P 500 closed out 2017 with a gain of 19.42% and 62 record highs. Week-over-week saw a loss of 0.36%, showing a lack of a “Santa Rally”, but we still have the first few trading days of the year to find out. We will see if the passage of the tax bill causes any…
Big Picture Update On Commodities & Precious Metals
Some monthly charts of interest in the commodity sector, including precious metals. CRB Index dwells below key resistance. A break of 200 would target around 250 in 2018. CRB/SPX Ratio shows the utter devastation of the Goldilocks era of Central Bank inflation with no apparent consequences. This is not likely to last. WTI Crude Oil sits below resistance…
Big Picture Update On Commodities & Precious Metals
Some monthly charts of interest in the commodity sector, including precious metals. CRB Index dwells below key resistance. A break of 200 would target around 250 in 2018. CRB/SPX Ratio shows the utter devastation of the Goldilocks era of Central Bank inflation with no apparent consequences. This is not likely to last. WTI Crude Oil sits below resistance…
International ETF (VXUS) Hits New 52-Week High
For investors seeking momentum, Vanguard Total International Stock ETF (VXUS – Free Report) is probably on radar now. The fund just hit a 52-week high, and is up about 24% from its 52-week low price of $45.67/share. But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook…
Warning: Side Effects May Include Rapid Stock Price Depreciation
Over the last decade, the most influential central banks around the world have printed electronic currency credits to acquire $14 trillion in assets. The effect on stocks, bonds and real estate? Remarkable price gains as well as records galore. On the other hand, quantitative easing (QE) activity by the U.S. Federal Reserve, People’s Bank of…