Courtesy of Chris Kimble’s Charting Solutions
The chart below looks back on the past 31 days [Continue Reading]
Chris Kimble shared the Kimble chart of the Utilities Select Sector SPDR ETF, XLU, below.
The one month performance inset shows XLU’s uninspiring performance compared to every other ETF on the list. However, the rather steep bullish falling wedge pattern says that it may be time for a bounce.
Chris likes XLU for a short-term bounce [Continue Reading]
Chris Kimble’s chart for KOL shows a recently beaten down ETF struggling to pull itself up from the ashes. As the chart shows, KOL has recently drifted down to levels not seen since the financial crisis of 2008-9.
Bouncing or recovering with energy in general, coal prices appear [Continue Reading]
(Note: SOYB closed at $20.15 on Feb. 23 when this article was originally posted. SOYB is now at $20.41. No changes in our thoughts on SOYB. ~ Ilene, 2-25-15.)
Chris Kimble sent me a price chart compilation of a commodity that is doing poorly like the rest of commodities — soybeans. The left image [Continue Reading]
Courtesy of Mish.
Walking Away Farmer Style
The price of corn is at a price seen in late 2006, wheat late 2005, and soybeans 2004. Land prices, lease prices, equipment prices, and fertilizer are much higher.
This has put the squeeze on many farmers, especially those who lease land. The result [Continue Reading]
By Elliott Wave International
Editor's note: This article was adapted from the February issue of The Elliott Wave Financial Forecast, a publication of Elliott Wave International. All data is as of Jan. [Continue Reading]
Courtesy of Mish.
On Friday, Prime Minister Alexis Tsipras backed down on nearly every promise made to the Greek electorate except one, to stay on the euro. After so much tough rhetoric, the question is why?
I believe the answer is the Greek primary account surplus vanished, making it [Continue Reading]
Courtesy of David Stockman at Contra Corner
The trouble with the money printing madness in the Eccles Building is that it generates huge deformations, misallocations and speculative excesses in the financial markets. Eventually these bubbles splatter, as they have twice this century. The resulting carnage, needless to say, is [Continue Reading]
Courtesy Marc To Market
Anxiety over Greece seemed to offset the dovish read of the FOMC minutes. The US dollar was little higher [Continue Reading]
By John Mauldin
When I travel around the country, one of the questions that comes up often in conversation is, where will the jobs of the future come from? I have a [Continue Reading]
Courtesy of Lance Roberts via STA Wealth Management
This past week has been a virtual tennis match watching the evolution of the Greek bailout negotiations. No Deal, Deal, No Deal, Deal.
However, despite the fallout that would likely come from a Greek "exit," the markets have largely [Continue Reading]
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