Wealth Creation Through Natural Resources
Rob Hanna over at quantifiable edges has an excellent post up this morning which highlights what has historically happened when there are large intraday rallies such as the one we saw on Friday which are followed by tight consolidations like we … Continued
Yesterday the S&P 500 closed at an all-time high above 2100: However, the most interesting aspect of the recent advance is the fact that many gauges of sentiment are far from frothy while others are only just beginning to reach overheated … Continued
Greed returned in a big way this week: CNN Money Fear & Greed Index Largest 3-week inflow into high-yield bond funds in recorded history: A beautifully clean breakout in the Nasdaq Composite as the tech heavy index reached the highest … Continued
The most bullish aspect of the recent equity market environment has been relatively tame sentiment. Only now after a 100+ S&P point rally within just 2 weeks is sentiment beginning to turn optimistic again: Source: CNN Money Fear & Greed … Continued
After spending the 2nd half of 2014 in a steady downtrend, the euro currency has entered crash mode at the outset of 2015: EUR/USD is down more than 600 pips so far in January and the euro is down much more against … Continued