Global Markets

ETF Charts Review: Solar (TAN), US Dollar (UUP) Overheating [VIDEO]

Several new themes have emerged within the ETF charts landscape. And if investors are patient and disciplined they may be able to take advantage. In our monthly ETF charts review video, we analyze the current trends of the market, while calling attention to sectors and assets classes that could affect your portfolio decisions (and performance) over both the near-term and intermediate term. There are several important trends and themes to watch across the

Corn Prices Holding Steady In Face Of Higher Dollar

For the past 6 months, I’ve been constructive on Corn prices. And last winter, it separated itself from the other grains by rallying in the face of a stronger US Dollar. This past week was like a fractal of late last year, with spot Corn prices up 1.55%. Other grains were up as well, with Soybeans jumping 2.9% and Wheat 0.3%. But Corn has stood out as the leader of this pack. Both

Bonds Catch A Bid As U.S. Economic Data Remains Soft

Last week, my weekly commentary on the financial markets started with this paragraph: “The last two weeks the markets have rallied to new all-time highs. At the same time we have seen the yield on 10-year US Treasury bonds increase from a low of 1.6% to 2.15% yesterday. That is a meaningful loss in the bond positions that have been working for the last 3-4 months. “ At that time,

Why Crude Oil Production and Prices Do Not Bode Well For Stocks

As I mentioned in my weekly market commentary, the stock market’s bull case is that oil has bottomed. Never mind that the Bull’s case was that Crude Oil at $125 a barrel was also a bull catalyst. The bottom line to me, though, is that I don’t believe that Crude Oil prices have bottomed yet… and I think they will most likely drop another 25% or more from current levels. As the chart

German DAX Pushes Higher: Currency Hedged ETF Outperforming

The German DAX Composite (DAX) has been in a strong uptrend since bottoming last October at 8354.97. During its resurgence, the DAX ran into resistance at the 10000 area (10093.03 to be specific) before continuing higher. This new leg higher has taken the index to the 11000 area where it has been consolidating in a tight range – you can see this in the contracting Bollinger bands. A trading range of

Global Market Trends: Why Deflation Is Still A Concern

Over the last two weeks the US Equity markets have rallied to new all-time highs. At the same time we have seen the yield on 10-year US Treasury bonds increase from a low of 1.6% to 2.15% yesterday. That is a meaningful loss in the bond positions that have been working for the last 3-4 months. What has caused the recent change in market direction and where do we go

Japan’s Nikkei 225 At Major Technical Resistance Level

Japanese equities have been strong since bottoming last October. The most visible sign of the Japanese markets is the Nikkei 225 Index. Its rally out of the October lows brought it to the 18,000 level in December. And it has approached this level two more times since, the most recent occurring over the past week. Seems this level has turned into stubborn resistance. Why?  Perhaps this level is more important than a simple short-term

Baidu (BIDU) 4Q Earnings May Be Catalyst For Next Stock Move

Chinese web company Baidu (BIDU) reports 4th quarter earnings overnight. And it should be an important report for the company’s intermediate-term direction. According to Estimize, Wall Street is expecting EPS of 1.61 on revenue of 2.215 billion. Let’s take a look at how shares are trading into the BIDU earnings report. Looking at the stock chart heading into the BIDU earnings report, we see a falling channel with all of the

Will Silver Prices Hit New Lows In 2015?

There’s been quite a bit of volatility with Silver prices. After a nice rally into early 2015, the past 2 weeks has ushered in some price weakness. And this begs the question: Do lower prices loom for Silver in 2015? Back in August 2014, I wrote an article projecting lower Silver prices. In that post, I used my custom Fibonacci method to calculate probable Silver price targets over the short and long

Wheat Chart: Prices Near Important Long-Term Trend Line

The Grains sector was hit hard by a stronger US Dollar and oversupply concerns last year, but reversed higher late in the year. This raised hopes for a major bottom… but that typically isn’t an easy process to navigate (or predict). As I mentioned in my last update on the Grain Sector, Corn appears to have the strongest setup. BUT this all may be put in question if Wheat doesn’t hold