Not a mere prediction but extrapolating forward. FX_IDC:XAUUSD From 1976 - 1980, Gold from the bottom of the leg to the top of the cycle has risen approx. 690% and took about 1,247 days to occur. It has then proceeded to trend sideways for 20 years until its next bull run which has played out for a little over 10 years. During these 10 years, the bottom of the...
Expected Returns 1-Month 5.47 1.70% 3-Month 5.54 2.94% 6-Month 5.57 3.62% 1-Year 6.49. 20.59%
Target Price ExpectedReturn 1-Month 17.74 0.52% 3-Month 18.03 2.18% 6-Month 18.43 4.46% 1-Year 18.76 6.29%
ValuEngine Forecast Models 1-Month 346.99 0.51% 3-Month 352.66 2.15% 6-Month 360.17 4.33%
ValuEngine Forecast Models 1-Month 26.51 0.51% 3-Month 27.11 2.76% 6-Month 27.91 5.79%
Time Frame 1-Month 48.05 0.51% 3-Month 48.49 1.43% 6-Month 49.41 3.34% 1-Year 50.73 6.10% 2-Year 55.48 16.04% 3-Year 65.62 37.25% NASDAQ:AMAT
Stocks 6-Month Forecast $AMAT 3.34% $BLFS 4.94% $GNTX 2.42% $MLCO 2.58% $TTGT 5.89% $UNP 1.41%
OK, this one I did *without* trading fees just as a joke. The previous post for BTCUSD had fees. Seems ETH is no longer regarded as a security. Good news and perhaps interesting place to go long!
One of my old trend strategies. Will it hit 10000% PnL? x)
A combination of lukewarm earnings for Q1 and talks of an impending Federal Reserve interest rate hike seem to be slowing down the bullish recovery we've seen in the S&P the past several weeks. On the technical side, notice the failure to attain a new high. In fact SPY has consistently been unable to break new highs going back to May 2015, when the bear market...
Despite my overall bearish outlook on stocks, Gilead Sciences stands out as the 'Little Engine that Could' in the sense that it keeps chugging along despite being battered by the broader index just after earnings came out late January. On the fundamental side, most analysts think it's way underweight citing that it should be worth as much as 66% more as per the...
Data from the U.S. has improved by the barest of margins. The New York Fed Consumer Survey finds inflation expectations rising (by less than 1%) above expectations, and the ECB rate cut means lots of free cash to play with. Keep in mind we have the FOMC meeting coming up and their decisions will determine the direction of the markets for the near term. ...
As of March 3rd, Gilead earned a 'buy' rating from Citigroup as verified by the link. It is true that GILD should have performed better after earnings as has been historically demonstrated, but it took a beating with the overall index but failed to share in the rebound. Personally, I think this is a good thing, for you'll note from my previous post here ...
There's been a massive short covering rally of near historic proportions in oil recently. As the OPEC circus continues to 'cry wolf' regarding freezing production, the market, once overwhelmingly short on the commodity, takes the opportunity to cash out some of its short positions. There is really no fundamental reason for oil to rally so hard as the attached...
With the tsunami of data this week, it was really hard to sieve out anything stellar. At best, we had employment data that was above expectation on Wednesday, as well as a moderately improved ISM manufacturing index. PMI and Factory Orders left much to be desired. Central Bankers all over the world are scratching their heads and trying in futility to save face...
Yesterday, Janet Yellen of the Federal Reserve spoke confirming expectations that the Fed would sit tight on interest rates. She even admitted today that the Fed is considering negative interest rates. Her ominous tone did not bode well for the markets as evinced by the abysmal market opening today here in the US. In fact, the world's markets are rearing from...
Any hopes for a recovery this week were quashed by today's open and marked declines henceforth. There really doesn't seem to be any indication of a turnaround, unless some good data comes out this week, and there is quite a bit to anticipate. As the attached article notes, analysts are cutting their expectations for the S&P, and it would be good advice to any...
From political instability to ineffectual QE, bullish news for the Euro is scant. We can look for more confirmation from Draghi to this effect soon to come. As far as the technicals are concerned, we have a very strong bearish head and shoulders pattern forming on the weekly chart. There is massive resistance from above via the ichimoku cloud which will make a...