The Midas Legacy

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The World Is Deflating… Deflation, What Is It? & Why Is It Important?

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Financial Sector In The Spotlight With Earnings

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Financial Sector In The Spotlight With Earnings On The Rebound Financial Sector In The Spotlight With Earnings Author:Rick Pendergraft Jan 14, 2015 Earnings season kicks off this week and one sector in particular will have more than a few important earnings reports and that is the financial sector. This week alone we will hear from Wells Fargo on…

What’s keeping a recession at bay

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What’s keeping a recession at bay Opportunity Watch What’s keeping a recession at bay Author:Jim Samson Jan 12, 2015 As the stock market steadily climbs higher (Dow 20,000 is just over 10% away) and the Wall Street professionals are still counting their 2014 bonuses, what’s in it for Main Street? Since the bubble burst in 2008, Obam…

Mortgage Rates Are Plunging; Here’s How You Can Profit

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Mortgage Rates Are Plunging; Here’s How You Can Profit Pro Insight Mortgage Rates Are Plunging; Here’s How You Can Profit Author:Adam Woods Jan 09, 2015 More Government Stimulus: In an effort to stimulate the economy the Federal Reserve and other Central Banks around the world are keeping interest rates artificially low. This has caused mortgage rates t…

Earnings Season Set to Kick Off Monday

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Earnings Season Set to Kick Off Monday On The Rebound Earnings Season Set to Kick Off Monday Author:Rick Pendergraft Jan 07, 2015 Alcoa (AA) is set to report earnings after the closing bell on Monday, January 12 and that will kick off the next round of earnings season. Given the rally the market has experienced for the last few years and…

2015 predictions

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2015 predictions Opportunity Watch 2015 predictions Author:Jim Samson Jan 05, 2015 As we break into 2015 all appears well. Retail and housing sectors look to be pushing upwards into new high territory- a major indication that Main St. is well. But there’s one sector that should NOT be doing so well if everything is…

Valuations Critical Entering 2015

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Valuations Critical Entering 2015 On The Rebound Valuations Critical Entering 2015 Author:Rick Pendergraft Dec 31, 2014 Over the course of the last few weeks, I have spoken to four different hedge fund managers. All four of the managers I have spoken to in the last two weeks made note of valuations being critical in the year ahead.…

Market Tuition: What Is It & Why You Should Stop Paying It

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Market Tuition: What Is It & Why You Should Stop Paying It Pro Insight Market Tuition: What Is It & Why You Should Stop Paying It Author:Adam Woods Dec 29, 2014 A MidasWave.com member asked me a question recently that I think many people have, “What do I have to do to consistently make money on Wall Street?” The short and simple answer is to educate yoursel…

Oil In Rare Territory

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Oil In Rare Territory On The Rebound Oil In Rare Territory Author:Rick Pendergraft Dec 26, 2014 Over the last 25 years, there have been five instances where West Texas Intermediate Crude entered the New Year in oversold territory as measured by the 10-month RSI, the monthly slow stochastic readings or both. The five inst…

This market is lost

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This market is lost Opportunity Watch This market is lost Author:Jim Samson Dec 22, 2014 Well, the market decided to keep up with the Christmas tradition and not take a big dive before year end, but only just. This thing was headed south in a big hurry until The Federal Reserve made an announcement about not rushing to…

Here Comes Santa…

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Here Comes Santa… Pro Insight Here Comes Santa… Author:Adam Woods Dec 19, 2014 Central Banks Save The Day- Again What Is The Santa Claus Rally? Here is how Wikipedia defines a A Santa Claus rally, “It is a rise in stock prices in the month of December, generally seen over the final week of trading prior to the new ye…

The Week That Was— Historically Speaking

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The Week That Was— Historically Speaking On The Rebound The Week That Was— Historically Speaking Author:Rick Pendergraft Dec 17, 2014 The bulls have been in control of the market since mid-October. After the selloff from mid-September, the S&P moved higher for seven weeks in a row. Oil was falling giving consumers more expendable income, C…

Santa Claus Rally Sags?

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Santa Claus Rally Sags? Opportunity Watch Santa Claus Rally Sags? Author:Jim Samson Dec 15, 2014 Did Santa come too soon? This time of year usually brings on a decent rally (as Wall Street traders want their bonuses) but, as I’d recently commentated, the rally off the October lows had come too far too fast and a correction…

Trading Math Part II Risk vs Reward

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Trading Math Part II Risk vs Reward Pro Insight Trading Math Part II Risk vs Reward Author:Adam Woods Dec 12, 2014 Risk vs. Reward Last week I wrote an article titled Trading Math and received quite a bit of positive response from it. The article discussed the importance of keeping your losses small and letting your winners run. This…

Can The U.S. Stand Alone?

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Can The U.S. Stand Alone? On The Rebound Can The U.S. Stand Alone? Author:Rick Pendergraft Dec 10, 2014 Sunday evening as the Asian markets opened for Monday trading, there was an announcement that went unnoticed by most investors. The Japanese government adjusted their third-quarter GDP report to show that their economy shr…

Can history predict the next market move?

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Can history predict the next market move? Opportunity Watch Can history predict the next market move? Author:Jim Samson Dec 08, 2014 It’s getting close to that time of year when people want stock market predictions for the year ahead, and many analysts oblige. The trouble is that’s hard to do when one looks to the market itself to tell you…

Trading Math

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Trading Math Pro Insight Trading Math Author:Adam Woods Dec 05, 2014 How To Limit Your Losses There is an old maxim on Wall Street that says successful traders limit their losses and let their winners run. Simple enough, right? But knowing how to actually do that consistently is not easy. Why? Because it is coun…

Look For Rates to Rebound in 2015

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Look For Rates to Rebound in 2015 On The Rebound Look For Rates to Rebound in 2015 Author:Rick Pendergraft Dec 03, 2014 The 30-year US Treasury Bond has been on a great bullish run over the course of the last year. The price of bonds has gone from $127.50 to a high of $146.02 while the yields have fallen from a high of 3.96% to a lo…

A Bear Market That No One Is Talking About

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A Bear Market That No One Is Talking About Pro Insight A Bear Market That No One Is Talking About Author:Adam Woods Dec 01, 2014 Energy Prices Are In A Free-Fall For the past few months, global energy prices (mainly, crude oil and gasoline) have imploded, and have each entered their own secular bear markets. The most common definition of a b…

Will China’s Rate Cut Work Better Than the US or Japan’s?

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Will China’s Rate Cut Work Better Than the US or Japan’s? On The Rebound Will China’s Rate Cut Work Better Than the US or Japan’s? Author:Rick Pendergraft Nov 26, 2014 When China’s central bank cut interest rates on November 21 investors from Asia to the United States celebrated by driving stocks higher across all continents. While there had been talk of a…

How To Create Your Own Mutual Fund

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How To Create Your Own Mutual Fund Pro Insight How To Create Your Own Mutual Fund Author:Adam Woods Nov 21, 2014 Intro To ETF’s Whether you are a long-term investor or an active trader, every decision you make in the market begins with an idea. Do I think this stock is under-valued? Do I think this is a growth stock? Is the economy g…

When Will Oil Rebound?

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When Will Oil Rebound? On The Rebound When Will Oil Rebound? Author:Rick Pendergraft Nov 19, 2014 Oil prices have plunged over the last five months with the commodity dropping just under 32% from mid-June through last Friday. The selling has been so sharp the price has fallen in 14 of the last 16 weeks. The weekly oscilla…

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The Melt-Up Continues On Wall Street

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The Melt-Up Continues On Wall Street Pro Insight The Melt-Up Continues On Wall Street Author:Adam Woods Nov 14, 2014 The stock market remains exceptionally strong as the major averages continue to “melt-up.” Over the last few weeks we saw a lot of “action” from global central banks. In late October the U.S. Fed ended QE 3 (but interes…

Bullish Sentiment

Bullish Sentiment On The Rebound Bullish Sentiment Author:Rick Pendergraft Nov 12, 2014 With the market rallying over 11.5% since the low on October 15, it isn’t surprising to see investor sentiment changing abruptly back to the bullish camp. However, what I saw last week when I got the AAII Sentiment Survey results…

What this CEO is betting millions on…

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What this CEO is betting millions on… Insider Tracking What this CEO is betting millions on… Author:Sean Bower Nov 11, 2014 On Wall Street, confidence can be measured by how much money someone bets on the future of a stock or other security. When the CEO of a company shows significant confidence in his own company’s stock, it could be t…

This will be the big test

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This will be the big test Opportunity Watch This will be the big test Author:Sean Bower Nov 10, 2014 Okay, Mr. Bull, let’s see what you’re made of. Since last writing where I gave the keys back to the bull, the market has indeed edged up to new highs… and now it’s getting close to needing a pause for breath after running up…

Let your money work for you

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Let your money work for you Pro Insight Let your money work for you Author:Adam Woods Nov 07, 2014 Money is a highly emotional and sensitive topic for most people. That’s why most people have a hard time consistently making money on Wall Street (primarily because they are making emotional, not rational, decisions). 2 OPTIONS:…

Why tech stocks could skyrocket

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Why tech stocks could skyrocket Tech Stock Jackpot Why tech stocks could skyrocket Author:Tom Anderson Nov 06, 2014 The stock market is in the middle of a very interesting time period where it’s experiencing some unique things. And as those things come together to have a collective impact on Wall Street, they create possible scena…

Too Much, Too Fast

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Too Much, Too Fast On The Rebound Too Much, Too Fast Author:Rick Pendergraft Nov 05, 2014 From the peak on September 19 to the trough on October 15 (19 trading days), the S&P lost 9.8%. From the trough to the high on October 31 (13 trading days), the index gained 10.85%. Over the course of 31 trading days, the round-t…

The next big pharmaceutical stock?

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The next big pharmaceutical stock? Insider Tracking The next big pharmaceutical stock? Author:Sean Bower Nov 04, 2014 The stock market is no place for fairness where the insiders are concerned. They will do anything to turn a profit. But we can use their greed in order to earn big money ourselves! And this current situation unfolding…

Is the market bounce for real?

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Is the market bounce for real? Opportunity Watch Is the market bounce for real? Author:Jim Samson Nov 03, 2014 As I explained last time, we had to put this bull market on pause as it broke its upwards trend. Since then the market has bounced back violently and gold has broken down. So is the bull rampaging again? Or is it the bea…

Timing Is Everything In This Market

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Timing Is Everything In This Market On The Rebound Timing Is Everything In This Market Author:Rick Pendergraft Oct 30, 2014 Since the market peaked on September 19, stocks have become extremely volatile over the last five weeks. The S&P fell 9.8% from the peak to the trough on October 15. I have written several pieces about the sector…