Wealth Creation Through Natural Resources
Via Quantifiable Edges… “Bringing it back to the present, with the strong selling and extreme indications we are seeing via price action, breadth, and VIX movement, I believe the environment is quite similar to those we see in the short … Continued
The following chart courtesy of BAML helps to illustrate one of the reasons why China has a big problem on its hands: The PBOC (People’s Bank of China) has been complicit in doing everything pump up China’s stock market … Continued
We haven’t seen anything like this in a long time, and perhaps that’s exactly why we are experiencing such a sharp and vicious sell-off across global equity markets. Not even during the 2008-2009 Global Financial Crisis did we see the … Continued
After a promising start to the year copper has been in a steady downtrend since May and the red metal has just touched the rising 200-month simple moving average for the first time since late-2008: While it is true that … Continued
This was a bad week for stocks, a very bad week. Over the next 48 hours other sources of market info/analysis will surely parse through this week’s market decline from 14 million different angles and tell you that we are … Continued
Bearish sentiment has reached a fever pitch in recent days… The CNN Money Fear & Greed Index has been consistently stuck below 10 in the last couple of weeks Macro funds are now net short U.S. equity … Continued
8 days ago I sent out a tweet calling for $1150 gold within a couple of weeks based upon strong seasonal tailwinds and the likelihood that we would get some significant short covering after futures speculators had become over zealous … Continued
Remember this chart that was passed around quite a bit earlier in the year? This chart has become important again as crude oil prices flirt with the $40/barrel level. Cash costs (variable operating costs) are distinct from the overall … Continued
The most widely followed commodities index, the CRB (Reuters/Jefferies Commodities Index), closed below its 2009 Global Financial Crisis low last week: (The CRB closed even lower today due to declines in crude oil and copper) An interesting excerpt from a … Continued
Something is brewing out there, something big. Tom McClellan is seeing the possibility of a large drop in stocks beginning later this week: “We are already seeing confirming signs of liquidity problems in the weakening [advance-decline] line, which topped back … Continued