by Joshua Enomoto | Technical Analysis
With all that has happened in the global economy, the one nation that was arguably at the epicenter of mass-scale rumblings has inconspicuously disappeared from the media headlines. A few years back, the mainstream press could not get enough of the Greek tragedy...
by Joshua Enomoto | Technical Analysis
Uncharacteristic for this year, silver bullion is having a rough time this month. For August, the silver spot price has dropped almost 9%, effectively giving up July’s efforts. Naturally, that has brought out the naysayers, who continue to blast all precious...
by Joshua Enomoto | Technical Analysis
The precious metals complex has had a frustrating series of trades throughout most of August. Gold is down 1.2% for the month, whereas silver is off by 4%. That’s a sharp reversal for the dominant, bullish trend in 2016. Aside from a correction in May, gold and...
by Joshua Enomoto | Technical Analysis
The airlines industry could be in big trouble. Qantas Airways Ltd. (OTCMKTS: QUBSF) recently made an announcement that it had rejected the remaining eight A380s it had on order from Airbus Group SE (OTCMKTS:EADSY). The reason for the cancellation is demand, namely,...
by Joshua Enomoto | Technical Analysis
The airlines industry should serve as a reminder just how quickly and dramatically things change on Wall Street. Publicly traded stocks of major airline carriers were the toast of the town during 2013 and 2014. Southwest Airlines Co. (NYSE:LUV) saw some of the biggest...