Gold prices are trading flat this morning, ahead of today’s US ISM Manufacturing data. This is considered the first high importance US Dollar event for 2017 trading, and expectations are set for a release of 53.8. Any deviations from this value may directly affect the US Dollar, and the price of Gold. Technically, Gold is considered in a long term downtrend as prices broke remain beneath its 200 day SMA (simple moving average) at $1,268.57. ...
As energy investors consider the market for 2017, they should not forget to keep track of how even small moves by OPEC, shale oil, energy service providers and renewable energy policy can impact the market. West Texas Intermediate Crude Oil: more...
Don't bet against McDonald's (NYSE:MCD). It always comes back. So goes the old adage on Wall Street. Over the past five decades, McDonald's has managed to fend off many challenges, always rising after a brief pause. What's behind McDonald's endurance to the test of time? First comes franchise, a business model that allows [...] more...
Føroyar - Faroe Islands by PAkDocK PAkDocK
Clearly the market sentiment has seen a dramatic shift. In my column published last August "What's Missing From This Bull Market?" I focused on the fact that there had not been a period of investor euphoria. This comes from legendary investor John Templeton that bull markets "die on euphoria." more...
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