Currencies

2017 Market Review & Update: The Year Of Investor Cheer

There was a lot of good news for the stock market in 2017… and even some good news sprinkled in for the bond market. Our 2017 market review is brief, yet hits some major highlights. 2017 Market Review Global central banks were either adding stimulus (Bank of Japan, European Central…

COT Report: Commodities Traders Cozy Up To Crude Oil

The following are charts and data showing non-commercial futures trading positions as of December 12, 2017. This data was released with the December 15 COT Report (Commitment of Traders). Note that these charts also appeared on my blog. The 3 charts below look at non-commercial futures trading positions for Crude Oil, Gold, and…

Bitcoin Cycle Analysis: What Are Time & Price Saying?

Does Bitcoin have market cycles? Looking at price action from the last half year, we have identified market cycles using both the daily and weekly bars. However, this isn’t easy as Bitcoin is a volatile product and its market cycles often get overwhelmed by momentum. So, this is a preliminary analysis…

Bitcoin’s Parabolic Move: 3 Drives To A High?

I’ve been asked a lot of questions regarding Bitcoin (CURRENCY:BTC) by traders, investors, and everyday folks. My response to them has been, “ask me again in a couple months”. Why?  Well, as you can see from the charts below, bitcoin has gone parabolic and it’s anyone guess at how high…

Market Update: “Vicious Rotation”

Note that this post went out to my “Gone Fishing” newsletter subscribers yesterday.  You can subscribe here. FANG’s $61 Billion plunge makes today the “largest on record” – Bloomberg (quote on yesterday’s plunge) Let’s talk about volatility… All-time lows from December 2006 just hit on the VIX Volatility Index (INDEXCBOE:VIX) the…

S&P 500 Market Update: 5 Considerations For Active Investors

S&P 500 Trading Outlook (2-3 Days):  BULLISH… but upside limited With the S&P 500 (INDEXSP:.INX) at/near key price resistance we could see a stalling out and trend reversal following the Thanksgiving holiday (likely next week). The bottom line, upside price targets lie in the 2610-2615 range on S&P 500 Futures, just…

COT Report Spec Positioning: Record Net Longs In Crude Oil

The following are charts and data showing non-commercial futures trading positions as of November 14, 2017. This data was released with the October 17 Commitment of Traders Report (CoT). Note that these charts also appeared on my blog. The 4 charts below look at non-commercial futures trading positions for Crude Oil, Gold, and…

British Pound Decline Set For Another Wave Lower

As the U.S. Dollar spent the past several years working upward in an impulsive wave, so too has the British Pound (CURRENCY:GBP) cross been declining impulsively. We believe both markets can travel further after the 2017 pullback structures are complete. Right now there might be an opportunity to catch a…

S&P 500 Weekly Market Outlook: The Rally Is Out Of Sync

In this week’s investing research outlook, we examine current trends for the S&P 500 Index (INDEXSP:.INX) and Russell 2000 (INDEXRUSSELL:RUT), while checking in on stock market breadth and investor sentiment indicators. We’ll also discuss current themes and news that we are watching in the financial markets. Here’s our summary of our findings for the week ending…

Is The US Dollar Forming A Long-Term Bullish Flag Pattern?

This past year has seen the US Dollar Index (CURRENCY:USD) slide nearly 10 percent. And this action has brought out the Dollar bears. But could this all be part of a very bullish chart pattern? If so, the US Dollar could be headed much higher. The chart pattern that I…