Given how well the credit markets warned of the last two major turning points in the market I respect the message of the credit markets over the stock market when the two do not confirm each other, as they are currently.
We recently interviewed Avi Gilburt of ElliotWaveTrader.net, a widely followed metals and market analyst who is currently ranked as the highest "Opinion Leader" on gold and precious metals at Seeking Alpha. Here is a summary of his interview with Q&A below.
A spike in energy prices and sharply higher interest rates have been two of the leading causes for pullbacks in the past. Also, we need to pay close attention to quarterly earnings, which are currently coming in on the strong side.
One of the most notable things about bull markets is how they continually surprise you to the upside. Quite often investors will tell themselves “the market is overbought and has to correct,” only to find that it either doesn’t correct nearly as much as they expect or doesn’t even correct at all.
There has been a clear preference this year for large cap stocks over small cap. This is readily visible when looking at performance of the Russell indices with the mega cap stocks like the Russell Top 50 Index up just under 5% year-to-date (YTD) while...
It’s time to do a technical checkup on the market. There have been a couple of trends to note recently that indicate where investors should bias their equity allocation. As I have mentioned a few times lately, there has been a large concern over valuations in the market.
In his recent interview with Financial Sense Newshour, EconoMonitor's Satyajit Das explains how the massive search for yield is hitting new extremes.
Once an economic recovery picks up steam and inflationary pressures begin to rise, the market's reaction function "switches polarity" and incoming economic data is now interpreted as a negative market signal because it means there is a greater chance the Fed will be raising interest rates in the near future. This is where we find ourselves now.
In a recent interview with Financial Sense Newshour, the widely followed gold analyst—once named 2nd most accurate by Bloomberg—provides an excellent view into the mental hopes and fears of most precious metals investors right now.
As I’ve been hearing the pushback to the market’s gains, there are a few that are louder than the rest. I guess if you say something enough times, it becomes truth. Unfortunately for the general population, not many investors are savvy enough to do their own statistical analysis nor do they have the databases...