The Longer-Term Trend - Saturday, May 27
Article By:
Douglas Gammons
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Saturday, May 27, 2017 1:48 PM EDT
Q1 GDP was weak, but has Q2 started to pick up? If so, we could start to see the broader stock market participate which would push the indexes even higher. Otherwise, we get the market correction we all have been waiting for.
In this article: IWD, IWF Also: INDY, QQQ, SOXX, EEM, EFA, EWJ, EWW, EWY, FXI, ITB, PPH, SPY, TLT, VGK, XLI, XLK, XLP, XLU, XLY, MTUM, FFTY, XLRE
Do You Know What Your Problem Is? You’re Addicted To China
Article By:
The Heisenberg Report
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Saturday, May 27, 2017 1:16 PM EDT
We’ve spent considerable time of late documenting the extent to which emerging market assets and, more generally, global growth are highly dependent on China.
Bitcoin 'Crashes' To 1-Week Lows - The Difference Between Fear And Concern
Article By:
Tyler Durden
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Saturday, May 27, 2017 12:54 PM EDT
Bitcoin dropped over $900 from its record high at $2760 on Thursday in the last 48 hours, but has bounced back to remain up 17% week-over-week.
In this article: BITCOMP
Just As I Predicted…
Article By:
Gary Savage
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Saturday, May 27, 2017 12:39 PM EDT
I’ll tell you when it’s time to buy miners and it’s not time yet. We need to generate some excessive bearish sentiment first. That will come only at the intermediate cycle bottom. And that’s not due until June.
3 Aerospace & Defense ETFs On The Move
Article By:
David Fabian
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Saturday, May 27, 2017 12:05 PM EDT
Sometimes you stumble across a sector of the market that is just in the right place at the right time. That may very well be the sentiment driving the remarkable price action in aerospace and defense stocks in the current geopolitical environment.
Quick Take: A Bitcoin Bubble? Not Yet
Article By:
David Dierking
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Saturday, May 27, 2017 11:40 AM EDT
Bitcoin's rise, a 178% gain in just the past two months, should be a stark reminder why investors should always be looking forward instead of back.
In this article: BITCOMP
GDP Improves To Tepid Growth
Article By:
Global Economic Intersection
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Saturday, May 27, 2017 11:18 AM EDT
If the US economy is consumer driven, that driver appears to be seriously distracted. Normally US consumer FUD ("Fear, Uncertainty and Doubt") is strictly a pre-election phenomenon. This time around FUD seems to have lingered far longer than normal.
EC Is The Dollar Going To Turn?
Article By:
Marc Chandler
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Saturday, May 27, 2017 10:38 AM EDT
The idea that the dollar bull move is over in gaining adherents. It now seems to be the consensus view. This is reflected in bank forecasts, futures positioning and indicative pricing in the options market.
Brazil Leads Global Market Rally On Hopes Of Political Reform
Article By:
Equitymaster India
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Saturday, May 27, 2017 10:28 AM EDT
Brazilian stocks bounced back after the massive sell-off last week. The selloff came after new bribery allegations surfaced against Brazil's president, Michel Temer.
GBP/USD To Hit 1.2700 And Lower
Article By:
Kathy Lien
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Saturday, May 27, 2017 9:56 AM EDT
The worst performing currency this past week was sterling. The terrible tragedy in Manchester combined with concern about Brexit negotiations prevented the GBP/USD from breaking above 1.30.
Cooper Companies - Chart Of The Day
Article By:
Jim Van Meerten
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Saturday, May 27, 2017 9:30 AM EDT
Since the Trend Spotter signaled a buy on 4/20 the stock gained 8.49%.
In this article: COO
US Investors Dump Most Turkish Stocks Since September
Article By:
The Heisenberg Report
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Saturday, May 27, 2017 9:17 AM EDT
While Turkey bans singing after dark, investors flee the Turkey ETF.
In this article: TUR