The books have officially been closed on 2017 — both the year and the stock market — and it was a robust year for stocks and a solid one, too, for the Tematica Investing Select List. We’ve had a number of market-beating positions, ranging from Disruptive Technologies investment theme company Universal Display (OLED) that soared…
Forex trading was unusually tricky in 2017, with many forces moving the market, making it difficult for many traders to find the profits they sought.Though there were some winning strategies in 2017, many standard technical strategies yielded results that were less than stellar. For this reason, many seasoned Forex traders have begun looking outwards to…
The New Year may have begun in fact, but in practice, full participation may return only after the release of US employment data on January 5. The macroeconomic and policy tables have been set, though interpolating from the Overnight Index Swaps market, there is 45% chance the Bank of Canada hikes rates at its policy meeting near…
The end of Friday trading was certainly interesting as the last thirty minutes of the trading day incurred most of the day’s half of a percent loss. A few Twitter posts I read were comments in the vein of “this is the selling I have been anticipating.” The market is overdue for a pullback. Although…
It is appropriate to think of Keynesian economics as superficial economics*, because this school of thought generally considers what’s seen and ignores what’s unseen. To put it another way, Keynesianism focuses on the readily-observable situation and the immediate/direct effects of a policy while paying little or no attention to why the current situation came about…
GBPUSD: The pair closed higher the past week opening the door for more strength towards its resistance at 1.3549 zone. Support lies at the 1.3450 level where a break will turn attention to the 1.3400 level. Further down, support lies at the 1.3350 level. Below here will set the stage for more weakness towards the…
If you want to know what’s swirling around the minds of the American population, just look at Google search trends. It’s all fun and games “buying the f***ing dip” until someone mentions “sell stocks.” Meanwhile, Americans panic-search “buy bitcoin.” The gig-economy as per “Craigslist jobs” has plateaued. Americans are now resorting to the “Wal-Mart credit card” in a period of…
The popularity of ETF investing is now sky-high and it took around only 20 years for this to happen. Though the pace of rollout slackened a bit in 2016 as we saw close to 240 launches compared with approximately 300 seen in 2015, the issuances gathered steam again in 2017. As many as 271 ETFs…
Happy New Year wishes. The final Congressional Budget Office (CBO) scoring of the tax bill was submitted to the House Ways and Means Committee on December 15. A summary of the scoring is available here in PDF form. Mike Englund of Action Economics had this to say about the CBO analysis: “The CBO Score of…
I ended 2016 and started 2017 with a big focus on uranium stocks. This was because they were ripping out of a Stage 1 base on huge volume towards the end of 2016.Uranium stocks had been destroyed for the last 5 years so this had the potential to be a monster trade. The stocks did…
