Global Markets

US Dollar: Indicator Most Overbought In More Than 15 Years

The US Dollar is finally taking a breather. Back on January 27th, I mentioned that the US Dollar Index looked exhausted after a monster run up. Since I wrote that article, the dollar rallied yet another 5% higher but has since backed off. It’s probably a good time to look at the charts again to see how are things shaping up for the US Dollar now? Looking at the chart below, this

Weighing The Global Economic Slowdown Into The Fed Meeting

Over the past several weeks I have spent a lot of time highlighting the global economic slowdown and how it will continue to drag on the U.S. economy. Country after country around the world is devaluing their currency, lowering their interest rates and/or performing some form of quantitative easing in an attempt to keep their bubble economies inflated. China announced over the weekend that they will do whatever it takes to keep

Investors Shrug Off US Dollar, Fed Concerns: Market Recap For March 16

The financial markets got off to a good start on Monday, seeing the major US stock market indices rise in unison over 1 percent. But even with all the positivity, investors couldn’t escape the reality of “Fed week”. With the Federal Reserve on tap, the noise level has increased to a nearly unbearable level as speculation runs rampant about the Fed’s choice of words (and tweaks) in their upcoming Fed statement. As

Market Debate: Stocks or US Treasury Bonds In 2015?

Last week was a rough week for investors, especially those that were invested in US Treasury Bonds. It has been an especially volatile year so far for US Treasury Bonds. To recap: They surged into year-end 2014 and then continued to push ahead steadily throughout the month of January.  Stocks, on the other hand, struggled throughout January only to initially recover and move into positive territory year-to-date during February. For

February Jobs Report Triggers Fed Rate Hike Fears – Random Thoughts

Today, the Bureau of Labor Statistics indicated that the U.S. economy added 295,000 jobs in February. This beat the consensus estimate of 240,000 jobs and had market participants immediately stirring the strong economy vs rising rates debate. It’s a widely held (and felt) opinion that the U.S. economy is in an underwhelming growth cycle. The problem: so is the rest of the developed world. So once again the tallest midget rules the day.

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