Wealth Creation Through Natural Resources
An insightful graphic from Goldman Sachs Investment Research which highlights the recent evolution of the global crude oil supply-demand balance and where it’s projected to go over the next 15 months: The market is currently oversupplied by nearly 2 … Continued
Titanium Transportation (TTR.V) is a Canadian based trucking & logistics company that is one of the fastest-growing truckers in North America. TTR hauls freight, primarily from Canada to the US, and the company has actually been a net beneficiary of … Continued
The GDX made a fresh all-time low this morning and the HUI (Gold Bugs Index) reached levels it hasn’t seen since 2002: However, there were a couple of small glimmers of hope: GDX printed a hammer reversal candlestick after … Continued
This is a wonderful little chart courtesy of Charlie Bilello, CMT: Investors Intelligence bulls are at the lowest percentage since December 2008. The knee-jerk reaction from this extreme investor pessimism is that it must be a contrarian signal … Continued
I don’t know much about the news that Apple (AAPL) announced today, but I do know that the market wasn’t impressed and much of it appears to have been priced in already: AAPL printed a bearish engulfing candlestick on … Continued
Since breaking out at the end of last year the USD/CAD currency pair has been one of the cleanest trends of any global market: Here’s what BNP Paribas has to say about USD/CAD: “Slightly firmer GDP and employment … Continued
Two charts that excellently illustrate the commodities bear market which has accelerated to record depths during the last few years: Love them or hate them, precious metals exchange-traded products (ETFs, ETNs, etc.) soared to record levels in late 2012 following the … Continued
After recovering from the U.S. housing bubble and Global Financial Crisis, U.S. residential housing prices have enjoyed a solid rebound during the last few years: S&P/Case-Shiller 20 City Index While U.S. residential real estate prices are back up near all-time … Continued
From my perch equity market sentiment hasn’t been this poor since at least November 2012, just before equities posted one of their best annual performances ever. That doesn’t mean we are on the verge of another huge upside surge, every … Continued
A new piece of research from Morgan Stanley makes the case for a virtually endless cycle of global central bank easing. As one central bank engages in QE and weakens its currency, this country’s trade partners import deflationary pressures and in … Continued