HEDLines – Archive

In the general enthusiasm for  stock markets, one sector has become an orphan – US Real Estate. These charts show a popular ETF that invests in all kinds of property company assets, from commercial through agricultural and residential. All real…

The American $ has been weak for over a year, within a broad range that has roughly held for three years. It has not been precisely well-defined, but it has nonetheless been a range: At the beginning of 2017, this…

Bothe Brent and WTI futures made top extensions yesterday, after a steady rise in oil prices from lows last summer that has accelerated upward in the last few weeks: Prices have now increased by around a half since the deep…

A Hong Kong Index that we follow has made top extensions for the last two sessions. We also expect the biggest turn of the month today (see the current Alpha Mail) and this combination seems to indicate that the new year enthusiasm for…

Happy New Year to all. The S&P metals and mining ETF has been extending for the last few sessions, as various metals squeeze higher and now the copper price has done the same: It is worth remarking that Copper is…

US stocks have bounced back from the brief dip into Friday’s lows and many indices have pushed to new highs. The evidence points to more ‘churning’ hereabouts as top extensions continue to appear, so we wouldn’t follow this strength. Here…

World stock markets have rallied for the last few days, which seems to confirm the ‘churn’ of which we warned in the December 1st edition. The likelihood is that this will continue for a while longer, meaning that it is still possible to…

Grains have been in a multi-year decline since prices peaked in 2012. The decline is attributed to increased harvests which in turn are due to higher yields, not an increase in planted acreage. Most land that can be reasonably used for…

US stocks rallied early on the expected news that the Senate passed a sweeping tax overhaul, similar to that already approved by the House, including big cuts to the rate of corporation tax. Bulls have pointed to this impending change…

Many US equity indices made top extensions after yesterday’s latest move up to new highs. Here is a selection: There are signs of ‘froth’ everywhere, as widely reported in the news media – the record price paid for a renaissance…