by First Trust | Jan 11, 2023 | How I See It
The housing sector was a huge and early beneficiary of the super-loose monetary policy of 2020–2021. But once the Fed started tightening, housing took the lead downward as well. This isn’t a repeat of the 2006–2011 housing bust, but it will drag on....
by Tom McClellan | Dec 14, 2022 | How I See It
Gold prices have moved up by almost $200 off the October lows. Ordinarily, investors would respond by buying into GLD and IAU, the big gold bullion ETFs. But they are not doing that (yet), and that is really interesting. FIGURE 1: SPOT GOLD PRICE TREND...
by Tony Dwyer | Dec 7, 2022 | How I See It
Last week, a less-hawkish-than-expected tone from Federal Reserve Chair Powell sent the S&P 500 (SPX) just beyond our expected fourth-quarter upside range. History shows any comparable year with such a weak start through the first three quarters...
by Rob Hanna | Nov 16, 2022 | How I See It
In Gerald Appel’s 2005 book “Technical Analysis: Power Tools For Active Investors,” he discusses a relative-strength measure of the NASDAQ versus the NYSE Composite. The premise behind the indicator is that the market tends to perform better when the...
by Marshall Schield | Nov 2, 2022 | How I See It
As of October, the bear market is the longest since the bear of 2007–2009, the second one in three years, and the second deepest in over a decade. Headlines and articles abound about how deep and long this bear will be: Worst case, many analysts argue...