Moving forward, I believe various market-cap weighted Topix indexes will out-perform the price-weighted Nikkei. As such, in an ideal world we’d own the Topix. However, that brings with it complexities. For one, there is no liquid USD-denominated domestic product to express this…...
The BoJ releases its latest monetary policy decision/statement tonight. There has been recent chatter that the BoJ, or at least a small minority of its members, are growing uneasy about Yen weakness and the pressure that is putting on consumers purchasing…...
On January 29th the Reserve Bank of New Zealand appeared to signal an aggressive shift away from future rate increases, citing a somewhat more uncertain outlook for global growth and inflation being sustained below the low end of their target…...
In August 2013 we had a very simple pattern-recognition post on the USD that suggested price volatility on the currency index would expand in the near-term. The unique aspect of the post was that we our pattern assessment on the USD was being…...
In the chart below you’ll find 30 year US treasury bond prices. For the past ~30 years those prices have traveled within an upward sloping channel as yields have continuously fallen, b/t lines (1) and (2). The recent plunge in…...
I think we did a fair amount of solid work on the SSEC going back to 2012 that suggested the index, far from being crash-prone as Barron’s was then suggesting, was much more apt to enjoy some type of strong…...
One of the first ever posts I put on the site re: the Nikkei was this one where it was suggested that 2012 for the index was analogous to circa 2002 for gold, with the point being the former was…...
We recently had a post showing the long-term divergence in SPX price and momentum (RSI) with the former continuing to rise and the latter deteriorating. The same post showed that more often than not, such large and sustained divergences b/t price…...
You’d think a global leader in cosmetics would be able to procure a chart with far prettier aesthetics. Instead, all that recent ugliness landed AVP on my radar as it resulted in the chart below whereby the stock began to quickly approach major long-term…...
Sheed Wallace had it right when he uttered the words “ball don’t lie” in registering his disagreement with a call a ref had made in an early 2012 NBA game. Because the “deflate-gate” scandal currently engulfing the New England Patriots invariably…