The Dollar is strong and it’s been that way for a good part of 2014. Last Summer we saw the beginning of a the current Dollar trend start to take place when EUR/USD made a new 50 day low. That low triggered a Donchian channel breakout trade that we’re still riding down. Since that time, […]
Big Picture: I really want to put on my jaded hat and get pissed off like the old man I aspire to become, but sometimes I foolishly hope I’m wrong. Like most rational people (politicians excluded), I believe we have a pretty serious debt problem in the U.S. and I’m concerned about how things will […]
When we looked around the world at the end of 2014, there were some obvious and mature market trends in place. I say mature because any time the media picks up on something, the cat’s out of the bag. Specifically, the Dollar was (and is) strong, U.S. Treasury Bonds had an excellent year, and Russia […]
U.S. Stocks finished higher again in 2014 and that strength could potentially lead us to believe that risk assets performed well in 2014. However, a look around the world at our neighbors suggests that all risk assets aren’t created equal. As many people know, 2014 wasn’t kind to Russian or Greek equities, however, the majority […]
Big Picture: Happy New Year. U.S. Equity Markets sold off a little bit as they wrapped up 2014 and headed into 2015, but they’re still close to All Time Highs. This is the third time in the past year that the Russell 2000 ($IWM) has run up to the 121 level. My hope, since I’m […]
It’s the end of the year and that always gives rise to reflection. In life we usually look back and look forward. Personally, I like to know where I’ve been. What I’ve done right and, of course, where I’ve stumbled. I look forward because I don’t like to wander blindly and hope for the best. […]