Posts by The Trend Letter

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Headlines – March 13/17

  • Wall St flat as investors prepare for potential rate hike. Read story
  • Oil touches three-month lows, as US supply swells. Read story
  • Intel makes $15 billion bet on driverless cars. Read story
  • Wall St has found its next big short. Read story
  • Central banks are taking off the market’s training wheels. Read story
  • Brexit prompts Scottish independence push amid UK ‘intransigence’. Read story
  • Iceland to end all capital controls. Read story
  • Fed’s on thin ice in a Trump administration, says expert. Read story
  • Japan to send largest warship to South China Sea. Read story
  • The inventor of the web, Tim Berners-Lee, outline its biggest threats. Read story 
  • Texas legislator proposes penalizing men for masturbating to shake up health debate. Read story
  • China makes it illegal to insult ‘heroes and martyrs’. Read story
  • Turkey-Netherlans row: Dutch warn citizens after Erdogan threat. Read story
  • The most striking thing about the WikiLeaks CIA data dump is how little most people cared. Read story
  • On the lighter side. Check it out!
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Headlines – March 9/17

  • Wall St opens flat with focus on jobs report, rate meeting. Read story
  • US crude prices slump below 50.00 as inventories build. Read story
  • Trump sends B-52 Nuclear bombers to S. Korea. Read story
  • Dimon says Trump has reawakened ‘animal spirits’ in the US. Read story
  • ECB’s Draghi ‘more optimistic’ on eurozone outlook. Read story
  • WikiLeaks exposes massive CIA hacking tools targeting consumer electronics. Read story
  • 10 best and 10 worst stocks in eight-year bull market. Read story
  • US consumer comfort just hit highest level in a decade. Read story
  • The optimist’s guide to the robot apocalypse. Read story
  • Bill Gross says investors should not be ‘allured’ by ‘Trump bull market.’ Read story
  • Manhattan rents fall for every apartment size. Read story
  • Mexico illegal crossing to US ‘drop 40%.’ Read story
  • IBM has figured out how to store data on a single atom. Read story
  • Drones threatened nuclear facilities. Read story
  • On the lighter side. Check it out!
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Headlines – March 6/17

  • Wall St opens lower on geopolitics, Trump’s comments. Read story
  • Japan moves to highest alert level as N. Korea fire missiles. Read story
  • JP Morgan: “In the near-term we see increasing  risk of a selloff.” Read story
  • Bitcoin more valuable than gold. Read story
  • PSA targets Opel turnaround as GM exits Europe. Read story
  • Apple leak reveals massive, expensive new iPhone. Read story
  • Deutsche Bank shares hit by cash call. Read story
  • Spokeswoman: ‘I don’t think’ Trump accepts Comey’s denial of wiretap claims. Read story
  • China’s 2017 defense budget rises 7%: Xinhua. Read story
  • IBM thinks it’s ready to take quantum computing into an actual business. Read story
  • China cracks down on people it deems are ‘threats to state.’ Read story
  • French bonds decline as Juppe stays out of presidential race. Read story
  • Le Pen could win in France warns Hollande. Read story
  • Why super-smart people may be drawn to a life of crime. Read story
  • On the lighter side. Check it out!
3D_printerdhouse

This house was 3D printed in 24 hours and cost just $10,000

From The Telegraph

An on-site house 3D printed in Russia offers a glimpse into what the future of construction might look like.

Apis Cotr, 3D printing specialists based in Russia and San Francisco, say the walls of the building were printed and painted in just 24 hours.

3D printing a home usually involves creating the parts off-site and constructing the building later, however, Apis Cotr uses a mobile printer to print their apartments on-site.

“Printing of self-bearing walls, partitions and building envelope were done in less than a day: pure machine time of printing amounted to 24 hours,” the company said.

Once the house has been completed, the printer is removed with a crane-manipulator and presumably the roof is then added, followed by the interior fixtures and fittings.  Read complete story

3Dinside

 

headlines1

Headlines – March 3/17

  • US service sector grows at fastest pace in a year and a half. Read story
  • Fed and ECB go their separate ways. Read story
  • Euro area economy expands most since 2011 as recovery broadens. Read story
  • How wearable technology can transform healthcare. Read story
  • Wendy’s responding to rising minimum wage by replacing humans with machines. Read story
  • Soaring Hong Kong office rents are now triple those of Singapore. Read story
  • China provides calm for markets ahead of potential Fed rate hike. Read story
  • Spotify hits 50 million subscribers. Read story
  • Trump defends under-fire Attorney General Sessions. Read story
  • Robots sent to study Fukushima nuclear site keep dying. Read story
  • California high school made $24 million on Snap IPO. Read story
  • How to make your kid good at anything, according to a world expert on peak performance. Read story
  •  Amazon plans for ‘future human settlement’ of the moon. Read story
  •  On the lighter side. Check it out!
keepaneye

Pay attention to these charts

While we are long-term bullish on the equity markets, we are cautious here based on some technical indicators that we pay attention to.  As we can see on the following chart, the S&P 500 is overbought here based on the Bollinger  Bands and the Relative Strength Index (RSI) indicators.

SPX030217

On the next chart of the Russell 2000 Small Cap index, we can see that since the peak of the Tech bubble in 2000, the Russel 2000 has formed a long-term megaphone pattern (higher highs and lower lows). But more interesting is that in the shorter-term we see a smaller megaphone within the larger megaphone.

This smaller megaphone pattern warns of a potential significant correction in the Small Cap stocks.

Russ2000

Typically, when a significant top forms in the equity markets, the large cap stocks (Dow Industrials and S&P 500) continue to move higher, while the small caps (Russell 2000) tend to fall behind. This suggests that we could continue to rally here until May, and then see a potential strong sell-off.

Another chart that suggests caution is the Insider Buy/Sell chart we see below. As we can see, the insider selling has spiked higher over the last week. Insiders typically sell when they think a top is near. This does not mean we are headed for a massive crash, but that we are due for a correction.

Insider_selling

We continue to hold our long positions, but have sent subscribers a couple of insurance trades to protect us in the event the markets turn against us. We will be watching for that scenario where the large cap stocks (Dow and S&P 500) continue to make new highs, while the small caps (Russell 2000) do not.

Stay tuned!

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Headlines – Feb. 28/17

  • Wall St slips as financial, discretionary stocks drag. Read story
  • Traders glued to these Trump stock trades ahead of address. Read story
  • Consumer confidence hits 15-year high. Read story
  • Mom and Pop investors are behind this historic market rally. Read story
  • Greek private sector bank deposits drop in Jan. on review jitters. Read story
  • French inflation rate unexpectedly drops, ending months of gains. Read story
  • Oscars tourist star ‘Gary from Chicago’ was just released from prison after serving 22 years for ‘several felonies’ including attempted rape. Read story
  • Indian economic growth slows to 7%, still ahead of expectations. Read story
  • Vietnam’s ‘bikini airline’ takes off in public listing. Read story
  • Door knocks in dark: The Canadian town on front line of Trump migrant crackdown. Read story
  • DNA tests reveal Subway’s oven-roasted chicken is only 50% chicken. Read story
  • SpaceX to fly passengers on private trip around moon in 2018. Read story
  • Tweeting accountant blamed for Oscar Best Picture blunder. Read story
  • Active environmentalist Leonardo Dicaprio flew eyebrow artist 7,500 miles to do his brows for Oscars. Read story
  • On the lighter side. Check it out!
headlines1

Headlines – Feb. 27/17

  • Wall St slips as tech stocks weigh. Read story
  • What exactly happened with the Best Picture  win at the Oscars? Read story
  • Trillions of dollars are at stake when Trump speaks to Congress. Read story
  • Stockman: “After March 15 everything will grind to a halt.” Read story
  • Trump budget to seek $54 billion more in defense spending, offset by decreases elsewhere. Read story
  • The bond market is calling Yellen’s March rate hike bluff. Read story
  • Yes, Le Pen could win in France. Read story
  • London Stock Exchange/Deutsche Boerse merger in doubt. Read story
  • Uber is designed so that for one employee to get ahead, another must fail. Read story
  • US pending home sales fall to lowest level in a year. Read story
  • Trump-style Australian populists gain in polls as Turnbull flounders. Read story
  • China’s Twitter clone will soon have more users than Twitter. Read story
  • Blackberry revives classic keyboard phone. Read story
  • Wal-Mart launches new front US price war, targets Aldi in grocery isle. Read story
  • On the lighter side. Check it out!
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Headlines – Feb. 24/17

  • Wall St opens lower as energy, finance stocks weigh. Read story
  • Countries are using the EU’s biggest fear as their ultimate bargaining chip. Read story
  • LePen surges in latest poll as voters serve a ‘slap in face’ to establishment. Read story
  • China says no intention of using currency devaluation to its advantage. Read story
  • Loeb embraces Trump ‘paradigm shift,’ says stocks not overvalued. Read story
  • Former IMF chief Rato gets 4.5 years for embezzlement. Read story
  • Kim Jong-nam killed by VX a weapon of mass destruction. Read story
  • You’re overpaying for drugs and your pharmacist can’t tell you. Read story
  • China steams past US and France to be Germany’s biggest trading partner. Read story
  • Geopolitical black swans are are the stock market’s biggest risk. Read story
  • Weak Pound hits BA owner’s profits. Read story
  • Google sues Uber over driver-less technology. Read story
  • The $5000 burger. Read story
  • Witches to cast spell on Trump. Read story
  • Frightened French voters want Obama to run. Read story
  • On the lighter side. Check it out!
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Headlines – Feb. 23/17

  • Fed may raise rates ‘fairly soon.’ Read story
  • Tesla’s earning report raises new questions. Read story
  • Trump to seek job advice from firms that offshore US work. Read story
  • German budget surplus highest since 1990. Read story
  • Oil to $70, or down to $30? Read story
  • The world’s freest economy is slashing its already low taxes after a $12 billion surplus surprise. Read story
  • US real rate signalling weakness weakness may deal dollar another blow. Read story 
  • EU warns of a Europe of ‘small countries’ if populism triumphs. Read story
  • Claims for jobless benefits in US point to firm job market. Read story
  • N. Korea mocks China for ‘dancing to the tune of the US’. Read story
  • OPEC needs to prolong cuts after swelling surplus, Citi says. Read story
  • Exxon has wiped a whopping 19.3% of its oil reserves off its book. Read story
  • US ‘nuke sniffer’ plane flies to Norway trying to determine source of radiation spreading in Europe. Read story
  • Automakers call on EPA chief to ease fuel-efficiency standards. Read story
  • On the lighter side. Check it out!