by BlackSwanAlert | Jun 22, 2022 | Markets
With markets spooked by recession fears, pay attention to pharmaceutical stocks. For one, the sector is still one of the safest, most recession-proof investments around. Two, an aging population is demanding more treatments in an effort to live longer lives. As this...
by BlackSwanAlert | Jun 20, 2022 | Markets
The pullback in Bitcoin is overdone. Not only is it over-extended on RSI, MACD, and Williams’ %R, it appears to have caught – and is holding double bottom support dating back to late 2021. Even Jurrien Timmer, director of global macro of Fidelity, has argued that...
by BlackSwanAlert | Jun 17, 2022 | Markets
Oil prices are pulling back. Last trading at $110.40, here’s hoping it drops even more. That’s happening as interest rate hikes fuel worries about a recession, and because U.S. crude production jumped by 100,000 barrels per day last week to 12 million bpd. In...
by BlackSwanAlert | Jun 16, 2022 | Markets
There’s a good deal of panic out there. Inflation is out of control. The Federal Reserve hiked interest rates by 0.75%, with a likely need for more. Traders are panicking. Markets are falling. And no one knows what comes next. While it’s easy to panic, don’t....
by BlackSwanAlert | Jun 9, 2022 | Markets
The obesity epidemic is still bursting at the seams. According to the World Health Organization (WHO) obesity has tripled in size over the last 50 years. In 2016, they note, 1.9 billion adults were overweight around the world. Of those, 650 million were considered...
by BlackSwanAlert | Jun 8, 2022 | Markets
If you think $5 a gallon is bad, just wait. Goldman Sachs now says oil could hit $140 a barrel by summer. All thanks to a drop in Russian oil production, a recovery in Chinese demand, coupled with supply issues. In fact, according to Business Insider, “Goldman’s...
