It might seem almost churlish to wonder what would happen if Spain were to leave the euro. The official European position is that the battle of the euro has been pretty much won, and anyone who argues otherwise will be accused of being a euro hater, an Anglo-Saxon or, even worse, a writer for the Financial Times.
It was all over the news last week, both mainstream and gold sites. Barclays was caught manipulating the gold price. They were fined £26M, and forced to pay a client who was damaged by their action.
...how long does it take the Street to identify an elephant in the room? Apparently the answer to that question is a time period longer than should be the case. As portrayed in the chart below, Agri-Food prices have been rising fairly dramatically thus far this year.
Recent improvements with the NASDAQ reclaiming its 50-day moving average, a decline in credit default swaps on junk bonds, and new highs in the S&P 500 suggest risk appetites may be growing again.
The Latest Conference Board Leading Economic Index (LEI) for April is now available. The index rose 0.4 percent to 101.4 percent. March was revised up 0.1 percent the two previous months were revised down 0.1 percent (2004 = 100).
In the world of energy investing right now, two visions of the future are on a collision course. In one corner, global energy demand will keep ticking along status quo for decades to come.
Much has been written about using trading volume in technical analysis, and if you ever want a good primer on this, you should check out Buff Dormeier's book Investing With Volume Analysis. But what a lot of traders do not understand is that the rules are different for evaluating volume in ETFs.
There seems to be a prevailing consensus in the market analysis I’ve been reading, that head and shoulders patterns are always reversal patterns and their completion is inevitable. Not True. Often, they can form, what we call, continuation patterns – i.e. consolidations.
The U.S. shale oil “miracle” has about as much believability left as Jimmy Swaggart. Just today, we learned that the EIA has placed a hefty downward revision on its estimate of the amount of recoverable oil in the #1 shale reserve in the US, the Monterey in California.
How do these metropolitan area real estate costs stack up against each other and the US median household income? Here is a column chart to which I've added the latest Sentier Research data for the US median household income as of March 2014.