Currency Update: Be Wary of US Dollar Rally Against Japanese Yen

Posted Leave a commentPosted in Currencies & Forex

Persistent US Dollar weakness has been commonly accepted. So, with last week’s bullish reversal in the USD/JPY (Dollar vs Yen forex pair) followed by today’s continuation pattern and new 1-month high, this post is more than a justifiable pause for the cause. Is this breakout legitimate? As the major trend still remains bearish, I am inclined […]

Energy Commodities Alert: Natural Gas Signaling Bullish Breakout

Posted Leave a commentPosted in Commodities

The energy commodity, Natural Gas, has been trending downward since December-2016, but as of today the trend may be changing for both the futures contracts and its underlying exchange traded fund. The October-2017 contract cleared resistance above its 22-week average and is now looking to challenge resistance at the 55-week moving average. Meanwhile, the Natural […]

Getting Away From the Schism of Izzims

Posted Leave a commentPosted in Politically Speaking, Views From The Hill

  Hmmmmm… No one has paid much attention to Lil’ Kim (Jong Un) lately since the recent tragic events involving alt-right white supremacists and alt-left protesters in Charlottesville, VA. POTUS Trump, an alternative-reality star in his own right (pun intended), adores being in the global spotlight and has garnered most of it. However, I wonder if […]

Weekly Capital Markets Technical Analysis Summary: June-2-2017

Posted Leave a commentPosted in Views From The Hill

Stocks: US Equity indexes continued to make new highs, with exception of the Transports which are attempting a key bullish reversal after a recent price correction. Russell-2000 small caps also failed to achieve a new high and may be encountering some resistance. Lately, the real standout has been the interest rate sensitive Utilities index, which cleared […]

With Nothing Sticking to Trump, Stock Sellers Refuse to Dump

Posted Leave a commentPosted in Views From The Hill

Market Condition   Market Commentary One thing to note is that for all the instability and uncertainty created by the Trump administration’s first month in office, the markets have been anything but this. Instead, they have exhibited remarkable resilience as US stocks continue trending upward. One can throw just about any shit imaginable at POTUS […]

SP-500 Weekly Percent Change Leaders and Laggards

Posted Leave a commentPosted in Equities

  This week’s top percentage gainers for the sP-500 were well represented by the Technology sector, e.g. Seagate (STX), Micron Technology (MU), and Nvidia (NVDA). Consumer Discretionary stocks were another source of  strong performance, mainly coming from the leisure and travel industries, e.g.Wynn Resorts (WYNN) and Royal Caribbean Cruises (RCL); and housing related industries, e.g. […]

Weekly Investment Markets Performance Summary: January-27-2017

Posted Leave a commentPosted in Views From The Hill

Below is our weekly market summary and performance report for indexes representing the major asset classes. (See below)   For equities, this week’s top performers were the Dow Transports and the technology-weighted Nasdaq-100. However, all of the broad stock market indexes are exhibiting remarkable price resiliency as their Relative Strength (RS) rankings are all well […]