Gold: The Rate Hike Rally Continues
01/11/2017 2:52 PMJan 10, 2017
- The last two bear markets in US stocks were deflation-oriented.
- The next one is likely to be inflation-themed, and could feature the US dollar and gold soaring higher at the same time.
- Please click here now. Chinese producer price inflation is suddenly growing at the fastest pace in five years, and it will soon be exported to America.
- Please click here now. Double-click to enlarge.
- Gold has been rallying since mid December. It may be poised to breakout to the upside from the $1170 – $1185 trading range and rise to $1200.
- Please click here now. Hedge funds are holding a lot of short positions in gold on the COMEX.
Tyler Bollhorn: When Do You Sell the Winners?
01/10/2017 11:50 PM
Big Fat Idea: 2 Buying Opportunities in the Oil & Gas Service Sector
01/10/2017 5:17 PMJamie Switzer, Senior VP Raymond James has an idea in an obscure, sub-sector in the Service Sector. The big names have moved quite far, but Jamie has two names that are "compelling" ....also from Michael: Featured Guest Sees Positive...
Quote of the Week: Scientific Dogma or Career Suicide
01/10/2017 5:06 PMDr. Judith Curry, a highly qualified scientist in Earth and Atmospheric Sciences has resigned from her professorship. Why, because as a scientist who would not adopt a certain dogma, she faced pressure so intense she simply could not continue. ...also Weekend...
An Example of Fake News (That You Are Paying For)
01/10/2017 3:48 PMThe CBC are taking another 675 million tax dollars they "needed" for some reason. Its clear they did not put any of that money into a recent news story that was void of research or data and had a made up conclusion. A great example of Canadian fake news. ....also...
The 27 most important finance books ever written
01/10/2017 2:18 PM"In my whole life, I have known no wise people (over a broad subject matter area) who didn’t read all the time — none," Charlie Munger, the vice chairman at Berkshire Hathaway, once said. With that in mind, we've highlighted 27 classic works that every Wall Streeter...
Your Price Forecast for Next Year’s Best-Performing Energy Source
01/10/2017 2:07 PM
Despite a small decline yesterday, the U.S. Henry Hub natural gas benchmark rate is now up 36.7% for the month.
At close yesterday, the price was $3.61 per 1,000 cubic feet or million BTUs (British Thermal Units), the standard measurement in the U.S.
To put that in some perspective, the price was $1.96 as recently as May 26, and the year-to-date low was $1.65 on March 3. Meanwhile, the $3.65 level reached at close on Monday, December 5 was the highest in two years.
Traditionally, the price for natural gas in the U.S. has been heavily by the seasons, with the severity of winters generally being the main determinant of how high prices would go.
But that’s no longer the case…
With demand for natural gas coming from many new sources, the price is no longer tied to the weather – setting prices up to go higher.
Here’s exactly how high the price of natural gas will go in 2017…
Buy C-R-A-P
01/10/2017 2:01 PMWe live in a modern world of acronyms and buzzwords, and the financial industry is certainly no exception. In fact, it may be one of the worst culprits, what with FANG, ZIRP, TINA, BREXIT, QUITALY, BRIC, etc. all entering the lexicon over the last few years. Yet,...
Strength in Weakness
01/10/2017 1:52 PM
In This Week’s Issue:
– Stockscores’ Market Minutes Video – Trade the Evidence
– Stockscores Trader Training – Strength in Weakness
– Stock Features of the Week – Stockscores Simple Weekly Canada
Stockscores Market Minutes – Trade the Evidence
Traders can easily take trades for emotional reasons, we have to force ourselves to slow down and look for evidence that the trade is the right one to make. That plus my regular weekly market analysis and the trade of the week on GBX. Click Here to Watch
To get instant updates when I upload a new video, subscribe to the Stockscores YouTube Channel
Trader Training – Strength in Weakness
Simple approaches to any practice usually work the best. Finding the simple solution is not always easy, doing so can take the most experience. This is true in trading too and one simple concept to keep in mind when trading stocks is that there is strength in weakness (and weakness in strength).
What do you do when you are optimistic about a stock? Assuming you invest in stocks at all, you probably buy. When you are pessimistic, there is a good chance you sell.
Gold Price Plummet
01/10/2017 12:38 AMThis article by Dan Kurz makes a very good macro-picture and valuation case that the post-Trump gold slump could be a good time to buy precious metals. Some serious analytics here. ~Catalin "Gold per troy ounce (toz or oz) in $ terms has slumped by a whopping 11%...