Certainty is needed for a trader's actions. Good judgment comes from experience, and experience is gained from poor judgment. The key to improving your trading is to really, truly study the losing trades. In this month's Family Gathering video, Larry presents PPI numbers for historical buy... READ MORE
On Friday, the market woke up to great news. Mission accomplished on inflation. Yahoo Finance reported: "The Fed's preferred inflation measure — a 'core' Personal Consumption Expenditures index that excludes volatile food and energy prices — clocked in at 2.9% for the month of December, beating... READ MORE
KEY TAKEAWAYS * Commodities and USD rotating deep inside the lagging quadrant, indicating weak relative strength * Bitcoin is in a strong relative uptrend vs all other asset classes, but going through a corrective phase * Stocks are the clear winner in this asset allocation battle The RRG above shows the rotation of... READ MORE
KEY TAKEAWAYS * EUR/USD executes bearish flag formation * Leaves rising trend channel by breaking rising support line as a result After a rally from $1.045 to a high of $1.1140 from October to December 2023, the EUR/USD exchange rate has now executed a bearish flag formation, which... READ MORE
KEY TAKEAWAYS * Overall, the stock market has managed to hold on to its upward rally even in spite of a pullback * Crude oil prices rose on news of production cuts * Treasury yields rose on the jobs report data The much-awaited August jobs report was released on Friday. While it... READ MORE