Wealth Creation Through Natural Resources
For the last 3 week U.S. equities have traded in a historically extreme narrow trading range; heading into today’s session the S&P 500 had spent the last 13 trading sessions trapped within a .74% trading range. Today the tightest trading … Continued
I posted a tweet yesterday making an observation about the recent market action in response to a couple of interesting stats shared by Jon Boorman: This is something that’s been on my mind for a couple of weeks now; … Continued
Last week we highlighted the breach of a key yield level in the 10-year Treasury Note (2.13%) and with this morning’s continued turmoil across global financial markets the downside target for this breakdown has nearly been reached (~1.90%): 10-year … Continued
The Russell 2000 (IWM) has been testing an important area of resistance for the last few days: IWM (Daily) This resistance near $115-$115.20 on the IWM also happens to line up with the flat 50-day simple moving average and … Continued
The S&P 500 ended down 2.36% on the session on the heaviest daily volume since September: SPY (Daily) The current market situation looks very similar to the August decline before the massive gap lower in equity futures on August … Continued
By definition there is no ‘easy money’ in financial markets. Making money requires taking risk, risks that sometimes aren’t even fully understood by those who are taking them. However, if there ever were easy money to be made it was … Continued
Gold has outperformed stocks (S&P 500) during 2015: While Treasury bonds (+3.15%) have easily trumped stocks (-5.19%), precious metals, and commodities (CRB -15.02%) during 2015 it is notable that gold (-4.39%) has actually outperformed stocks during a year in … Continued
The yield on the 30-year Treasury Bond has rallied more than 35 basis points since late-August: However, there is good reason to believe there isn’t much risk of more upside in bond yields regardless of what the Federal Reserve … Continued
While there are literally dozens of valid reasons to be bearish on equities right now, there is one simple reason to be bullish that trumps them all. The case for more upside in equities over the coming weeks: While … Continued
The Dow Transports led the equity market breakout in January 2013 and this sector has undoubtedly been one of the primary leaders of the rally since; nearly doubling in the 2 years between November 2012 and November 2014. However, since posting … Continued