With the threat of trade war tariffs companies like consumer electronics giant Apple are gearing up to diversify some of their manufacturing out of China. This movement is so common now it has a name… China Plus One. Due to these tariffs, many American companies doing business in China have been forced to come up […]
On Thursday, according to CNN, US President Donald Trump claimed that US Navy assault ship, the USS Boxer, shot down an Iranian drone that had come within about 1,000 yards of it in the Strait of Hormuz. “The Boxer took defensive action against an Iranian drone, which had closed into a near distance, approximately 1000 […]
It has been almost 8 years since gold peaked at $1930. On Friday gold closed above $1400 for the second week in a row for the first time in 7 years! Our Trend Technical Trader (TTT) service with its Gold Technical Indicator (GTI) has been bullish for gold since November. Here are the results of […]
‘Don’t meddle in the election please’: Trump jokes with Putin at G20. Read story Xi fires shot at US before Trump meet, without mentioning him. Read story Iran warns Trump against ‘illusion of short war.’ Read story Rivals target Biden as Democrats’ rifts emerge on age, race. Read story India arrests after women’s heads shaved […]
US economy grew a solid 3.1% rate in first quarter. Read story 2020 Democratic candidates’ divisions laid bare in feisty TV debate. Read story Tulsi Gabbard was a surprise breakout in first Democratic debate. Read story Trump says this is his ‘Plan B’ if trade talks with China collapse. Read story This pig-fattening drug triggered […]
A megaphone pattern is a visual representation of a recurring price pattern commonly observed in the stock market. Similar to other chart patterns, the emergence of the megaphone pattern tends to coincide with specific market conditions. Megaphone patterns show the potential for both higher highs and lower lows. In the Trend Letter issued last Sunday […]
Everything is changing at an increasingly faster pace, however the banking and financial services sector lags behind, continuing to generate complaints about high fees, slow transaction speeds, and onerous security procedures. There are some companies in the sector who have launched Blockchain projects to address these complaints, but tangible results are not evident to the […]
Below is the updated TL Forecaster Model for the S&P 500. As we highlighted, the S&P 500 has been tracking our TL Model Forecaster very closely and bottomed just 3 points off our 2725 target low. Just as our model forecast a bounced off that target low, the S&P has followed, having now gained over 190 points since […]
Euro falls sharply as ECB’s Draghi clears path for more stimulus. Read story Investors haven’t been this bearish since 2008 Financial Crisis. Read story Pro-democracy Hong Kong lawmakers reject Lam’s apology. Read story Hong Kong’s protesters used low-tech street smarts to smash China’s powerful techno-authoritarianism. Read story Liberal government to announce decision on Trans Mountain […]
Hong Kong police deploy rubber bullets and tear gas on protesters. Read story Stock rally stumbles as Treasuries rise and oil falls. Read story Expectations low for Trump-Xi talks, preparations limited. Read story No one on Wall St is saying to buy Beyond Meat. Read story Drug to replace chemotherapy may re-shape cancer care. Read […]