25 December 2024

Tag: interest rates

Home Depot posts worst revenue miss in 20 years, signs of recession?

Home Depot (HD) reported fiscal first quarter 2023 earnings which mostly missed estimates and has raised concerns that the consumer is being tapped out. Put it another way in our consumer based economy, are signs of an economic slowdown or recession increasing? This has been on the mind of investors ever since the Fed has…

16 May 2023
First Republic Bank troubles weigh in on stock markets

As earnings continue to come out mixed, and raising the probabilities of an upcoming recession, leave it to the regional banks to once again take center stage. Many analysts warned that the regional bank crisis is not over when you consider the fact that deposits are shrinking, lending (a bank’s primary business) is slowing, and…

26 April 2023
G Mining Ventures (GMIN.V) building Brazil’s next gold mine!

In recent years, I have seen a trend at the Vancouver Resource Investment Conference. I come across a South American mining company that I have never heard of and am surprised that the markets do not know about this story. Last year, I came across a company that has multiple gold mines. This year, I…

1 February 2023
Gold markets are on fire, a week away from VRIC 2023

With the beginning of a new year, I look forward to Cambridge House’s Vancouver Resource Investment Conference. A conference which has played a major part in my investing/trading career. It was the first ever financial conference I attended way back in the day when I was a young man. At that time, I was one…

24 January 2023
Yensanity! Why the Bank of Japan matters!

Months ago, I warned readers that the Bank of Japan is the most important central bank to be watching. I even did a video explaining why every trader must be watching the Bank of Japan (BoJ). Nobody really cared much about the BoJ since their monetary policy meetings never changed. But things could be changing.…

25 October 2022
Brace yourself! A major central bank week is ahead!

As markets still feel the pain after last week’s worst sell off since 2020, more volatility is ahead. As a technical analyst, many charts which will determine where stocks go are either at major support or at resistance. Hopeful for a turnaround but that will depend on the fundamental catalyst. It is a major central…

19 September 2022
Stocks plunge after hot August inflation report

After reading many headlines to the tune of “inflation collapse/drop/peak will cause a market rally”, we can say that we aren’t just there yet. The markets have been pricing lower inflation the past few days. By looking at the chart, you can see what happens when the markets are wrong. We dump hard. A sea…

13 September 2022
The European Central Bank is back to positive rates!

As we continue the month of central banks, we have seen Australia and Canada raise interest rates, and now Europe joins the party. The European Central Bank (ECB) announced a 75 basis point interest rate hike, taking its benchmark deposit rate to 0.75%. This 75 basis point hike was already priced in as the markets…

8 September 2022
Bank of Canada raises interest rates by 0.75 percent

The Bank of Canada raised its key interest rate by 0.75 percent (three quarters of a percentage point) bringing the central bank’s key rate to 3.25%. This rate hike matches up with market and economist expectations. No surprise. Since March 2022, the Bank of Canada has increased rates by 300 basis points, the fastest pace…

7 September 2022
Pivotal central bank week ahead!

We are now in September which is historically the worst month for stock markets. Markets are currently mixed: The Dow Jones and the S&P 500 have turned positive at time of writing and the Nasdaq is looking to join in. However, the downwards trend still remains strong. This week kicks off what is going to…

6 September 2022