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Today marks the beginning of corporate earnings season and the first day of the traditionally feared month of October. But the economic data that hit the markets today was anything but ordinary or traditional. The ISM US manufacturing data came in at a 10-year low. It...

Markets kicked off the week with all tree indexes--the DJIA, S&P 500, and Nasdaq--rallying slightly below or above 0.6%. The Dow ended the day up 152.94 points, the S&P logging in gains of 20.95, and the Nasdaq jumping higher than the previous two at 0.86% or...

Investors new to the automated trading system space often carry with them certain ideas--principles, assumptions, and habits--that might have served them well in the equities world. Many of these carry-over ideas apply, given a few tweaks, but there are also a few new...

Stock market's eerie parallels to September 2007 should raise recession fears  Source: Marketwatch "Since last year real GDP growth in the U.S. has been slowing. The chair of the Federal Reserve has been signaling that while growth is slowing, there is no recession...

Where are the breakouts likely to happen--either up or down--and where are the closest price targets? The breakout points (swing levels) aim to provide direction-neutral guidance for either scenario.    The levels are also ultra short-term, meaning that support and...

If you’re one of many investors considering investing in a gold ETF, you’re probably wondering how high gold can still move.    The truth is that nobody can predict how high (of low) gold prices will move. But we can ascertain the likelihood of capital inflows that...

Gold has been at the center of media attention as investors, financial institutions, and central banks have been purchasing gold to diversify their portfolios in light of concerns of a global economic slowdown. Yet many retail investors don’t understand gold, how it...

US-China trade war risks becoming a currency war  Source: The Hill "Leaders of the world's most advanced economies - Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, known as the Group of 7 (G-7) - met in France last month, with the...

Many of us don’t realize that we often see what we want to see. Often at the expense of seeing what’s in front of us.   Call it human nature or just a mere human tendency. Whatever it is, the bias is consistent.    And large market moves--missing a big move up, or...

Just a quick note for those looking to get in on cannabis ETF, ETFMG Alternative Harvest (MJ).  The weekly chart above shows that MJ bounced off it’s 8-month low at 23.18. As you can see, the Momentum indicator shows a clear divergence between price and momentum (that...