As part of my day job at Field Check Group, Real Estate & Finance we analyze the entire housing & mortgage universe including extremely granular mortgage default and foreclosure data by lender, not available to most.While JPMorgan Chase’s (JPM) mortgage modification announcement today makes a whole lot of sense from the stand [...]
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The dollar and yen exchange traded funds (ETFs) are gearing up to cap off a banner month, with their strongest one-month gain against the euro ever.Global recession fears are prompting investors to sell off their higher-yielding currencies, benefiting the dollar and yen, report Lukanyo Mnyanda and Stanley White.In October alone, CurrencyShares Japanese Yen (FXY) is [...]
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What’s the one industry that’s changed as much in the past few decades as energy?Infotech.And as their energy demands grow, and electricity becomes more expensive, high-tech companies like Google (GOOG) are increasingly going green.Consider a few points: The Lawrence Berkeley National Laboratory, a U.S. Department of Energy research center at the University [...]
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Gold prices completed their counter-trend rally on Thursday and found confluence resistance at the 38.2% Fibonacci retracement along with the 20 day EMA. Let’s see this event and see if we can make out a weekly Elliott Wave count structure as well.Gold Daily Prices:If there ever was an ‘anatomy of a sell [...]
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Exchange traded fund (ETF) investors can play defense with their fund choices by focusing on areas of the market that hold up better in a downturn than other sectors.Many market analysts believe we are in a recession, defined as two consecutive quarters of a decline in gross domestic product, so why not [...]
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As we twist in the wind, watching the markets rise on vapors and plummet on gossip, the financial pundits are trying to figure out whether the current mini-rally is here to stay.History indicates that there will be plenty of rallies as we bounce across the bottom. After all, the stock market is a self correcting [...]
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