America's Economic Future – A Discussion By Ted Kavadas
One of the charts that I follow is the ratio of Gold to XLF. As XLF is a prominent ETF of the financial stocks, it can serve as a proxy to “paper assets.” While I think it is difficult to make concrete conclusions based upon the Gold:XLF chart, I think it does provide a “feel” for …
Gold’s recent price performance has been very strong. There are, however, quite a few indicators that, from a historical perspective, seem to disconfirm Gold’s current price, which as I write this is $1101 for the December futures contract. One of the factors that seems to be speaking against Gold is the lagging performance of the HUI …
This is the last blog post (Part V of V) in this “Danger In The Markets?” blog series. I would like to end this blog series with another look at the daily 1-year S&P500 chart. This chart depicts a Rising Wedge from the March lows. As well, I have indicated a potential H&S (Head and Shoulders) …
The charts seen in this post are from Maurice Walker, http://thechartpatterntrader.com. First, a daily 1-year chart of the S&P500. The large broadening pattern (in blue) is notable, as is the smaller one, as seen by the dotted line. chart provided by http://thechartpatterntrader.com Chart Courtesy of StockCharts.com Here is a weekly chart of the S&P500. Notable …
Moving on to the stock market. First, a 1-year daily chart of the S&P500. Although at first glance, the advance from the March lows doesn’t appear too suspect, two aspects are notable. One can see that currently the price has dipped below the 50 day moving average (line seen in blue -the red line is …
Before displaying some charts of the stock market, I would like to post a couple of the Japanese Yen. My comment of September 14 is relevant today: “Additionally, is it not odd, on an “all things considered” basis, that the Japanese Yen is rising at what appears to be an increasing rate? This rise commenced in mid-2007, as …
This series of blog posts represents a periodic Technical Analysis of the markets. My last series of posts (5 parts) of this nature was titled “Peril In The Markets?” and started September 13. At the conclusion of that series of posts, I wrote this blog post summarizing my thoughts: https://www.economicgreenfield.com/2009/09/17/extreme-peril-in-the-stock-market/ Although a stock market crash did not …
Here is a story from Friday on CNBC.com that caught my interest: http://www.cnbc.com/id/33339374 It is titled “Stocks, Gold Are Crowded Trades: Hugh Hendry” I found it interesting for two main reasons. First, it discusses the concept of the “Crowded Trade.” This is a phrase that isn’t often heard these days. Nonetheless, I think the concept is …
Just a quick note. I think it is important to remember that there is a tremendous amount of what I refer to as “garbage” securities currently in existence. It is easy to forget this fact given that we don’t hear much about them anymore. This is due to many reasons, including: various credit spreads have been …
It is my belief that there will be many phenomenal investment opportunities arising in the near and intermediate future. Many more than during an average time period. However, I am also of the belief that they will be harder to “realize” for a variety of reasons. Of course, the main prerequisite is having sufficient funds available …