Moving Averages

"When", Not "If"

“It is a bad sign for the market when all the bears give up. If no-one is left to be converted, it usually means no-one is left to buy.

Jim Rogers Tells ETF-Holders "The Next Bear Will Be Horrendous"

"Janet Yellen will tell you we're never going to have a bear market again because she's smarter than the markets... the next bear market will be horrendous, the worst in your lifetime, in your financial experience. ... a lot of people are going to find that, oh my God, I own an ETF and they collapsed. It went down more than anything else..."

The Dangers Of Performance-Chasing

"From the current levels of over valuation, excess extension and extreme bullishness which currently exists, the coming reversion 'beyond' the mean will wipe out the majority of any gains made over the last several years. Such is the case with all reversions throughout history. Worrying about 'missing out' on the current bull market should probably not be at the top of your list."

Key Events In The Coming Week: Payrolls, Core PCE, GDP, ISM And More

After last week's relatively quiet economic calendar and focus on Central Banks, attention this week turns back to data. In a relatively busy data week ahead - particularly for the US - focus will likely be on Friday's NFP, Q2 GDP revision on Wednesday, ISM manufacturing reports on Friday and inflation prints from the Eurozone.