Wealth Creation Through Natural Resources
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
There are a plethora of reasons to be bearish on equities, ranging from the proxy war escalation in Syria to a potential hard landing in China. However, there are some subtle yet powerful reasons that investors may want to consider … Continued
There’s no doubt that the S&P 500 has formed a mature topping pattern during the last ~18 months: S&P 500 (5-year) Below 1820 there isn’t much support for another 80-90 points, with the 38.2% Fibonacci retracement of the 2011-2015 … Continued
Resource investors should be encouraged by the first trading session of the new year. On a day in which the Dow Jones Industrial Average closed down nearly 300 points (down by more than 400 points at the session lows), precious … Continued
An interesting statistic was brought to my attention this morning by Ryan Detrick: With a 1%+ closing move today the S&P 500 will have begun December with a +/- 1% or more move each of the first four days of the … Continued
Ever since early September we have been pounding the table that the path of least resistance for equites was higher because there were simply way too many bears. October’s ~8.5% rally and best single-month performance for the S&P 500 in more … 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
US equities as represented by the S&P 500 have broken major long term uptrend lines. However, thus far the index is holding above key support near the SPX 1820 level: SPX (Weekly) As bearish sentiment mounts and the technical backdrop … Continued
Thus far 2015 can be dubbed ‘the great oscillation’. We have seen some wild sentiment swings and a tremendous amount of rotation and bifurcation underneath the surface of the major equity indices. However, the S&P 500 has essentially gone no … Continued
Stocks have gotten whacked in the last 24 hours with the S&P 500 falling more than 40 points from high to low. The daily chart of the S&P (SPY) shows a potential breakdown from a pennant pattern which has formed … Continued