There was a major reshuffling of sector performance rankings last week, and as always, the story is even bigger than what makes headlines. None of the changes in the ranking warn of imminent doom, but it does increase my suspicions that the market could peak around the election. The best way to hand
Stocks continued their bid this week and breakouts are happening left and right. Sentiment is growing increasingly bullish as traders and investors see their portfolios hit new all-time highs with the market. I still think this bull market has legs, but with the election less than three weeks away n
Last week, I sent over a letter asking if you were ready for the New Economic Era. I asked you to drop me a note if you were interested, and a fair number of you found your way into my inbox. But since I feel so strongly about this emerging “Trinity Trade,” I wanted to
On Friday, I put a tease out there - that you would be pleased with the updated results in the sector performance rankings. And now that it’s Monday, it’s time to follow up with the Tale of the Tape. We’re seeing capital flow into the right areas of the market now, which signals that the
The big headline this past week on the economic front was the uptick in the September CPI report. The beat was subtle, only 0.1% above estimates, so I think it’s still too early to come to concrete conclusions. That being said, I do think inflation will become a problem again… just not yet. In my
If you had the power to know the future, would you seize it? I’m not saying that I, or anyone else that I know does, but I would venture to say that markets are the closest thing to a crystal ball that we have, assuming you know how to read them properly. If you can
Over the past few weeks, I’ve been adamant that the Fed is playing a dangerous game on the inflation front. Starting another round of money printing before long-term inflation targets have been achieved isn’t just reckless, but borderline negligent. So, I’m not surprised to see that an inflationary
The world's reserve currency has staged a major rebound in recent weeks after declining since mid-April. During this time, stocks continued their bull market, while bonds rallied to multi-month highs. As the largest and most liquid market in the world, the currency market significantly influences al
As the market settles into the Fed’s new round of monetary stimulus, I’ve been warning that a return of inflation cannot be ruled out in the near future. Last week, I noted how the energy sector (XLE) perked up and claimed the one-week leadership position in the sector performance rankings. But this
