Gold prices are modestly higher and scored another three-month high in early U.S. trading Wednesday. W1 price is located below SMA with period 100 (100 SMA) and below SMA with the period 200 (200 SMA) for the bearish market condition with the local uptrend as the secondary market rally: the price was bounced from 1047.65 support level for the rally to be started and with symmetric triangle pattern to be formed for the direction of the trend. If the price will ...
If you think you’re too late to profit from e-commerce bonanza, think again. Because even though the first web-based purchase was made more than 20 years ago, online shopping is still growing at a breathtaking pace, with a 15% expansion in 2015 alone. But despite that fast growth, web-based purchases only made up 7.4% of total US retail sales in the third quarter, according to the Census Bureau, so the trend has plenty of room to run yet. ...
"After a choppy week of trading stocks closed the week strong adding to the evidence that the upside reversal on January 21st was important. The surprising drop in bullishness the previous week (Is Bullishness Low Enough Now?) did not get the attention of most analysts even though it was making a ten year low.""According to AAII the bullish% rose to 29.75% last week after hitting a low of 17.9% on January 14th. The bearish% is back to 40% as it ...
1. Low oil prices are a transfer of wealth 2. U.S. consumers will benefit 3. The crash in oil is due to speculation and deregulation 4. The end of austerity in the U.S. 5. The budget deficit is set to grow 6. U.S. household debt service is at historic low 7. Housing starts still below average 8. Stocks are cheap – S&P 500 forward P/E is below average 9. China isn’t as important as people think ...
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