American Airlines Sounding The Alarm Too

Two months ago I wrote a post calling the tops in the Transports,

I’m Calling The Top In The Transports

The charts are telling me the top is in on the Transports. The iShares Dow Jones Transportation, IYT, is exchange-traded fund that is highly correlated to the Dow Jones Transportation Average. The index includes companies within the trains, planes and auto…I mean trucking sector.

Last Week, Delta became the first airline to sound the alarm. Shares of Delta Air Lines finished 9% lower yesterday after they trimmed their revenue forecast for the fourth quarter. They also cut their growth estimate for revenue per

Crucial Week For The Banks

The Financial Select Sector SPDR® Fund seeks to provide precise exposure to  companies in the  diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts (“REITs”); consumer finance; and thrifts and mortgage finance industries.  The top holdings include:

Source

Raymond James downgraded 13 banks on Monday and lowered earnings estimates for most banks citing downward revisions to net interest margin and slowing loan growth.

Banks make loans to borrowers at a higher rate than non-performing assets such as savings accounts and CDs and profit from the difference.

However, in an environment in which the yield curve is flattening, Banks’

$SPX Weekly Outlook: Neutral Bearish $QQQ $IWM $DJI

Here we are back again with another weekly look at the US Markets. SPX has rallied off the panic lows from Christmas Eve (which was called for) and is sitting right at 2600 resistance. The Outlook is neutral with a Besrish bias…
You can see the clear resistance lines of 2600 AND 2680. This resistance goes all the way back to 2017 and should be noted. IF you missed the first chance to sell at 2900 and then the break of 2760 then here is yet ANOTHER chance to sell.
The largest rallies happen in BEAR MARKETS, and do not let the

Bitcoin and EOS Technical Analysis: WEEKEND UPDATE

Bitcoin is consolidating right on top of the $3,600 support zone. Should price decisively break below $3,600, the next relevant area of support is between $3,400 and $3,250.

In my last EOS update, I pointed out the larger wedge it was consolidating in. I told you it would likely make a larger move as EOS approached the apex. The following day, price broke down from $3.00 to as low as $2.30. It then sightly rallied to the $2.45 support zone. EOS continues trading around $2.45 at the time of writing this update.

In today’s video analysis I discuss, where prices may be

Investment Returns on Everything

Okay, maybe not everything but definitely the returns on Real Estate and Stocks.  Often people debate over which is a better investment.
Luckily, I came across an economic study that analyzes a bunch of investments over the last 145 years!   Let me share what I found from it about real estate and stocks.
Real Estate vs. Stocks as an Investment
There are several key metrics to keep an eye on when investing, a couple of which I’m going to discuss below.
Investment return always seems to be the headliner when analyzing investment options so I will start with that one. It’s worth pointing out risk exposure

Palladium Is On A Roll

Palladium is widely used in three-way catalytic converters in car exhaust systems. Palladium is also used jewelry and in dental fillings and crowns.  Another common use for palladium is in multilayer ceramic capacitors. These are an important part of common electronics equipment such as cell phones, laptops, fax machines, etc. Palladium is also used in connector plating for a number of electronics.

If a US-China trade war deal can be reached, Palladium will likely increase in price from a Chinese plan to introduce policies to boost domestic spending on items such as autos and home appliances this year. 

Not only will

Macy’s Missing The Mark

The day after Christmas there was a report that talked about spending during the holidays, the time between Black Friday and Christmas:

A robust shopping season from before Thanksgiving through Christmas has given retailers much to cheer about this year. According to Mastercard SpendingPulseTM, which provides insights into overall retail spending trends across all payment types, including cash and check, holiday sales increased 5.1 percent to more than $850 billion this year – the strongest growth in the last six years.

Source

Apparently, Macy’s wasn’t part of that report. Macy’s said its sales slowed after a good start to the holidays, and flagged

Forex Analysis Report 1-10-19…Will The USD/CAD Continue To Rise??? – Part 2

Three weeks ago, I wrote about a trade set-up on the USD/CAD,

Forex Analysis Report 12-22-18…Will The USD/CAD Continue To Rise???

However, because momentum is so strong, I would suggest to wait until price shows you it wants to go lower. Meaning, wait for price to make a lower high and a lower low first and short on a pull back.

The strong correlation between the Canadian/U.S. dollar exchange rate and oil prices is due, in large part, to the amount of the nation’s total foreign exchange earnings that’s garnered through crude oil sales. In 2018, Canada was the fourth largest producer and exporter

Facebook Needs To Do Some Serious Convincing

Facebook had a tough 2018.  There was the Cambridge Analytica scandal where Facebook exposed data on up to 87 million Facebook users to a researcher who worked at Cambridge Analytica, which worked for the Trump campaign.  Then monthly active users in the U.S., Canada and Europe declined.  The most recent public relationship nightmare was news that Facebook shared more user data with third-party companies, like Microsoft, Netflix, Spotify and Amazon.

However, a picture is worth a thousand words, Facebook’s share price fell nearly 30% in 2018.

An article released by CNBC reported that things aren’t peaches and cream inside Facebook either.

More than

All Roads Lead to the End of the Dollar as We Know It Today

King Dollar. The World Reserve Currency. The currency that everything is based on, will NOT be the World Reserve in under the next 10 years. You may ask what is my reasoning? Well there are numerous reasons this trend has already began to unfold.
“Besides the fact the Federal Reserve is killing the dollar with QE1, QE2, QE3, QE-Twist, and QE-Forever (soon to be announced lol). Besides the fact that the gold standard which is what the dollar was originally based on no longer exists. Besides the fact that America is no longer the strongest economy in the world and our