The First Bitcoin ETF Might Be Just Months Away
07/13/2018 9:59 PMIn March 2017, the SEC dealt a blow to the bitcoin community when it rejected a proposed bitcoin ETF by the Winklevoss twins. Crypto bugs were disappointed mainly because an ETF would have been an ideal way to lend credence to the cryptocurrency industry and also...
read moreConcentration in the Stock Market
07/13/2018 2:34 PMCNBC had a piece this week that looked at how top heavy returns in the stock market have been this year. They showed 3 stocks — Amazon, Netflix and Microsoft — alone make up more than 70% of the gains in the S&P 500 and Nasdaq 100 indexes: When you include Apple,...
read moreCanada’s Dairy Farmers: Trudeau Scheer & Singh’s Best Friends
07/13/2018 2:03 PMAstonishingly, all political partys support Canada's Supply Management System despite its transfering $3.5 Billion a year from some of Canada's poorest citizens to 13,000 mostly Quebec & Ontario farmers who are in the top 4% of...
read moreGeneral Electric’s Upcoming Big Day
07/12/2018 6:50 PMOne of the most interesting companies these days has got to be General Electric (NYSE:GE). After falling from grace in the eyes of investors and eventually being removed from the Dow Jones Industrial Average's list of 30 stocks, a spot it has held continuously since...
read moreGold And Silver Struggle As Sentiment Shifts
07/12/2018 6:21 PMIn yesterday’s analysis, we discussed how meaningful gold and silver’s pre-market decline was given a relatively small move in the USD Index. The implications were quite bearish for the PM market, especially that we had just seen a target being reached in gold stocks....
read moreExplaining The ‘Bullish Case For US Stocks’ During Trade Wars
07/12/2018 6:12 PMLast week’s rally in US stocks may just be the effect of a light volume/holiday week melt up, but the numbers were impressive and set the posts for last week’s action: S&P 500 +1.52% last 5 days Tech sector in S&P: +2.29% Russell 2000: +3.10% S&P Small Cap: +3.31%...
read moreNATO Meeting Fire & Fury Trump Converts NATO to Trade Summit
07/12/2018 3:02 PMPerhaps the most interesting observation of how Trump handles negotiations is that he approaches them as a businessman rather than a politician. He certainly does not play nicely or puts on the pretends that everything is wonderful in the land of politics....
read moreA Key Sign of Optimism Hits a 17-Year-High
07/12/2018 2:43 PM
“Are we there yet?”
That question is nails down the chalkboard for harried parents.
But imagine that query from the lips of Wall Street’s talking heads, pundits and investment experts.
Recently they’ve all pointed at their favorite indicator, economic report or line on a chart as the demarcation for what was or will be the top for this bull market run.
But in the race to be the first — or maybe just the loudest — there’s one overlooked little indicator that tagged a high not seen since 2001.
Yes, that’s back to the late days of the dot-com bubble, when the economy experienced years of amazing growth.
Trade War Food Fight Aftermath
07/12/2018 2:07 PMOh so predictable… As per this excerpt from yesterday’s NFTRH update… [The Trade War] needs to be tuned out, because it is already factored in and is at this point a macro food fight with the combatants slinging hash (and eggs, bacon and bananas) at each other. The...
read moreHow Our Leaders Misunderstand Trade
07/12/2018 1:52 PMThe confusion about trade is pervasive, from Trump to Canada's Premiers. The President keeps saying they run a deficit in goods as if they didn't get anything in return. That would be like your grocery store complaining they got nothing from you for the groceries you...
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