Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: The sector is looking for stimulation in here. PE Gold at 1302.14 trading higher with a move to 1310 seen. If that does not hold, it may break to and below 1290-1280 medium term. ICE Brent Crude at 78.67 is headed to 78, and […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Gold at 1292.20 bounced from 1280, and while 1275/80 holds, the price could to 1310 before coming off to 1280 or lower. For now the trend is South. Silver at 16.56 is ranged. It has risen form 16.50 and could hit 17. Overall, […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.36 and Nymex WTI Crude at 72.51 are stable. WTI Crude’s 1st resistance is at 73 which could push the price down to 71 near term. ICE Brent Crude looks to have some room on the Northside at 81-82. But if […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ Looking at the major US stock market indexes in light of no US-China trade war. The Major Market Futures as of this writing S&P 500 SPC1 Jun 18 $2,728.80 +15.80 +0.58% NAS 100 Future NQC1 Jun 18 $6,923.75 +49.75 +0.72% Last Friday, the major US stock market indices were […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL ICE Brent Crude at 79.05 and Nymex WTI Crude at 71.89 could see some near term falls to 77 and 70.50 respectively before attempting another rise. Gold at 1288.70 is stable near current marks. A fall to support at 1275 is not expected, so the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Brent Crude at 79.58  is trading higher, the Crude Oil Bulls look strong in here and could test 81then dip to 79. WTI Crude Oil at 71.74 sees resistance 73 and push the price down to 70. But if it break North then 74-75 […]

The Technical Outlook for Ethereum

The Technical Outlook for Ethereum

The Technical Outlook for Ethereum $ETHUSD Early this moth ETH/USD showed relative strength among the major cryptos. Although last week’s pullback saw Ethereum move below support at 700, it has risen back above it and price did not break below the invalidation mark at 627, tilting to Bearish. Currently, Ethereum is trading at: 686.605, -47.715, or -6.50%, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Looking at the major US stock market indexes technically The major US stock market indexes made good on Key reversals last week, moving through the near near term resistance. The pause to refresh Friday was on the cards, and a couple of days rest works to […]

Bitcoin Bulls are Still in the Action

Bitcoin Bulls are Still in the Action

Bitcoin Bulls are Still in the Action $BTCUSD Saturday, Bitcoin gained 0.84% to end the day at $8,483.2. It was only the 2nd positive day last week that has left Bitcoin down 12.2% Monday through Saturday. Friday saw Bitcoin fall to an intra-day low and new low $8,204.4 before a late morning recovery, Bitcoin managing to […]

Bitcoin Moved to Test Key Support Near $9,000

Bitcoin Moved to Test Key Support Near $9,000

Bitcoin Moved to Test Key Support Near $9,000 $BTCUSD Thursday, after a quiet start to cryptocurrencies came under selling pressure, with market participants speculating about large blocks of cryptos being offloaded, pushing Bitcoin’s value lower. Bitcoin, the world’s #1 digital currency traded in a $200 range Thursday before giving up $220, or 2.3% quickly. Currently, […]

Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’

Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’

Stocks Break Out, Gold Bulls Patiently Await ‘Turmoil’ $DIA, $SPY, $QQQ, $VXX, $GLD The Gold market is greeting geopolitical turmoil with a Yawn, as stocks made a strong move North on with the S&P 500 and the NAS Comp each + 1.0%, and the DJIA advancing 0.8%. The precious Yellow metal has dropped for 3 weeks […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Looking at the major US stock market indexes technically Last week we saw break North off of support in the patterns or at the trend-lines. Volume just OK, good breadth on the move. Let’s see if  they can hold the moves. DJIA marked a doji Thursday […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This market cannot make much of strong earnings report. The NAS Comp gaped up over 115 points, gave it back. Fairly goo Bullish stock index patterns remain but upside is used to sell aka distribution. Good patterns in lots of stocks and sectors are failing to provide […]

Healthy Economy, Strong Earnings Will Drive Stock Market North

Healthy Economy, Strong Earnings Will Drive Stock Market North

Healthy Economy, Strong Earnings Will Drive Stock Market North $DIA, $SPY, $QQQ Soon the stock market will reflect the economy, and all systems are on Go. March Private Sector Jobs, Non-Manufacturing Activity and Help Wanted OnLine ADP: 241,000; Goods: 65,000/ ISM (Non-Man.): -0.7 point; Orders: -5.3 points/ HWOL: up 102,100 The Institute for Supply Management’s […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Last Thursday, the Month/Quarter ended higher ahead of a 4 day Holiday Weekend, so the Big Q is does new money enter and help extend Thursday’s move, and do gains hold. And let’s not forget the volatility, will it calm. Remember, a market rally has to […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Global stock market look soft this week. Between the media trade banter, Month/Quarter end re-balancing and the Easter holiday-shortened week things can happen, even nothing much, as many Wall Street traders are on Spring vacation. Expect quiet on the G-10, and data fronts given the […]

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears $BTCUSD Bitcoin started to look good Friday, and it rallied through to a mid-day high at $9,020 Saturday, before a late afternoon sell-off hit the broader cryptocurrency market. Bitcoin, could break through the 1st major resistance mark at $9,161.65, as investors locked in gains that led to Bitcoin falling […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Another big economic data week ahead. The FOMC meets Tuesday and Wednesday, and is expected to raise rates 25 bpts at the meeting. The other big econo news will be Existing Home Sales, Leading Economic Indicators, Durable Goods Orders, and New Home Sales. And in […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The leadership is leading the big moves on the indices with some to new highs, others attacking the near term resistance on the way to highs. Explore the laggards with good patterns, they are getting the time they need to complete patterns and join the […]

Bitcoin Breaks 50-Day MA for 1st Time Since January

Bitcoin Breaks 50-Day MA for 1st Time Since January

Bitcoin Breaks 50-Day MA for 1st Time Since January $BTCUSD Monday, Bitcoin Bulls may have seen the technical beak-out they have been looking for. The world’s biggest cryptocurrency by market value rose above its 50-Day MA for the 1st time since mid-January, up as much as 5.8% Monday, the most in 2 weeks. Currently, Bitcoin […]

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears

Bitcoin: The Bulls Vs The Bears $BTCUSD Daily Bitcoin is in the headlines, positive sentiment is intact, and the price is in an uptrend after its recent correction. Currently Bitcoin is trading at: 11,324.9951, +29.9902, or +0.27%, at the close: 12:39p GMT Consider that 59% of last year’s ICO’s have failed or are failing, encouraging some triumphant “I […]

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition $DIA, $SPY, $QQQ, $VXX Again, and again hitting my targets, the sentiment is high and the positive momentum is Strong in here. The market will dip (negligible), pullback (-3 to 5%), correct (-8 t0 11%) or keep running ahead. Some if not many investors are afraid in here, […]

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition $DIA, $SPY, $QQQ, $VXX Again, hitting my targets, the sentiment is high and the momentum is Strong in here. Here is the predictions: In this earning scenario we are likely to see the S&P 500 at 3,257 in Y 2018, archive it. The market continues finding new leaders […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Again, hitting my targets, no predictions yet, but the sentiment is high and the momentum is Strong in here. DJIA look Very Bullish to me 26,000 in sight, that is the Key resistance. DJIA +228.46 at 25803.19, NAS Comp +49.28 at 7261.06, S&P 500 +18.68 at 2786.24 NAS Comp: +5.2% YTD DJIA: +4.4% […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Again, hitting my targets, but no predictions yet. Friday’s finish: DJIA +220.74 at 25295.87, NAS Comp  +58.64 at 7136.56, S&P 500 +19.16 at 2743.15 NAS Comp: +3.4% YTD S&P 500: +2.6% YTD DJIA: +2.3% YTD Russell 2000: +1.6% YTD The Big Q: Will the managed money keep coming in? The Big A: It […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX What we saw in the US stock market last week was not damaging to the technicals. The DJI and S&P 500 are extended, but the action this week did not suggest they ready to roll over. That may come as the market moves into the New Year, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX As expected the Fed hiked interest rates as expected. Much more data to come this week, including: Housing starts, Existing Home Sales, GDP third, Philly Fed, Leading indicators, Personal income and spending, Durable Goods Orders, New Homes, Michigan Sentiment. Overall, the US economic data is […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The rising stock prices and steady increases in home values powered American household wealth to $96.9-T this Fall, the Fed said last Thursday. US wealth has made a remarkable comeback since the Great Recession, when it dove more than $10-T to $56.2-T, not adjusted for […]

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges

Bitcoin Bulls Charging Past $16,000 Burdens Exchanges $BTCUSD, $CME, $CBOE Bitcoin surged past $16,000 for the 1st time Thursday, with demand to trade the cryptocurrency buckling one of the largest exchanges. Bitcoin’s rally of more than $3,000 in the past 24 hours continues to defy skeptics, as mainstream demand for the world’s largest cryptocurrency explodes. […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Wall Street analysts are predicting another up year for the S&P 500 Index (SPY) It is worth taking notice what would be accomplished if that prediction happens. At 2,800, the average estimate of 9 strategists tracked points not only to another year of all-time highs, […]

We Are Seeing Wall Street Rally Under President Trump

We Are Seeing Wall Street Rally Under President Trump

We Are Seeing Wall Street Rally Under President Trump $SPY Wall Street analysts are predicting another up year for the S&P 500 Index (SPY) It is worth taking notice what would be accomplished if that prediction happens. At 2,800, the average estimate of 9 strategists tracked points not only to another year of all-time highs, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings season is finishing up, and the indices performed well through out the season, keeping the October/November move alive. Options Expiration saw some adjustments, just as a consolidation in NAS Comp and some big names broke higher, but then saw some selling on expiry. How those issues work […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX There is a lot of US economic data this week to digest. Including but not limited to: PPI, CPI, New York and Philly PMI, Retail sales for October, Inventories, Capacity and Utilization. Last week the big names that just broke out of bases tested their […]

Investor Optimism Highest Since Crash of 1987

Investor Optimism Highest Since Crash of 1987

Investor Optimism Highest Since Crash of 1987 $DIA, $DAX, $DJSH, $N300, $NSEI The US and global stock market’s seemingly unstoppable rise to record highs has boosted investor optimism to levels not seen since the Crash of 1987, some are worried. The difference between The Bulls and The Bears has not  been this high in 30 years, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings and Data the focus on Wall Street this week. On the Data Front: Durable goods, New home sales, GDP, Michigan Sentiment Indicator (MSI) final October. On the Earnings Front: So far the responses were tepid but have not hurt the market. The financial held and are […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The econ data feed this week includes: PPI, CPI, Retail Sales, Michigan Sentiment (MSI) October preliminary. San Francisco is finding out that the higher minimum wage and the high cost of Barack Obamacare aka ACA compliance with restaurants is causing some of the middle market favorites to […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Investors did not receive any economic data Friday, nor will they receive any economic data Monday Noting new happened at the weekend that impacts Monday action. Some are talking about The Trump Rally extending in here, if it does the rule is let winners run, and […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX US stock investors could rotate out of high-yielding sectors and into stocks of banks, which would benefit from the next leg up in interest rates, after the FOMC’s policy-setting meeting wraps up Wednesday. If the FOMC gives a nod to rising inflation or focuses its trimmed-down bond buying on […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX US economic data on the week include: PPI, CPI, Retail Sales, and Empire Manufacturing. Hurricane IRMA made landfall and has been working its way up the west coast of Florida, so there will be an idea of the damage. Nothing serious from NKorea, but President […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX There is a just a bit less of the same for news and economics this week. The market is seeing and factoring in that The Trump Administration is going to get more accomplished with the Top advisor staying put and both Big and Small business growth is […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The NAS Comp and the S&P 500 are standing near support after just over a week range trading, there is leadership that can move North and break the indices higher off of the Key support. The US NFPs report was solid enough, thought not great, as the Key indices […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Healthcare reform was scuttled by a vote from maverick US Senator John McCain (R-AZ) a walking dead man shouting his last hurrah. This is not over yet, more this week. President Trump will do the right thing, and stop subsidizing the insurance companies to write bad […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Lots of data happening this week. Consumer Confidence, New Home Sales, Durable Goods, GDP Q-2 estimate, and the FOMC meet Wednesday. A relatively strong GDP estimate at 2.8% is anticipated. If that happens, it may toughen up the FOMC’s statement on Wednesday, as the Fed may […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The major US stock indexes were consolidating the recent moves, buying, selling, buying on lite volume, then last Wednesday came to life with the release of the Schoolmarm Yellen’s testimony to Congress. The we saw solid moves for 3 day’s running, Friday saw the indices […]

Several Thrill Seekers Injured Running with the Bulls

Several Thrill Seekers Injured Running with the Bulls

Several Thrill Seekers Injured Running with the Bulls Several people were injured Saturday during the 2nd running of the bulls at this year’s San Fermin festival in the northern Spanish city of Pamplona. The regional government of Navarra said that a 22-year-old American man identified with the initials JC was in serious condition at a […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This Independence Day celebration in the US has Monday doing 1/2 session and then a closed market Tuesday, 4th of July. Not much action or change expected Monday, but Wednesday things may gett interesting as new money could flow into the market. Consumer Sentiment is […]

Spaniards Protesting President Trump and Bullfighting as Cruel

Spaniards Protesting President Trump and Bullfighting as Cruel

Spaniards Protesting President Trump and Bullfighting as Cruel About 400 people have protested Bullfighting in Pamplona, just before the city hosts its famed festival featuring the iconic fighting Bull runs. The protesters held signs that read in English “Bullfight Is Cruel” and “No Tradition Trumps Reason” in Spanish, the protesters marched Saturday through the city’s […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Okay the PPT, aka the Plunge Protection Team,  entered the market, blunted the selloff 2 Fridays ago, as FAANGs and other big NAS stocks held support. As that happened, managed money moved into DJJIA, driving it to new highs that held through Friday’s close. Notably, the […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Last Friday we saw the start of some rotation. With good patterns set up in manufacturing, construction, and other old economy stocks sectors, it will not surprise to continue seeing smart money flow there breaking them higher. Not seeing managed money leaving the market, but […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX There are 10’s of millions of Americans who have not felt the 1st thing relating to an economic recovery. Those people are where they were during the Great Recession. These Americans have been ignored in favor of statistics that shows millions of jobs have been […]

Bear’s Eye View of the Stock and Gold Markets

Bear’s Eye View of the Stock and Gold Markets

Bear’s Eye View of the Stock and Gold Markets $DIA, $SPY, $QQQ,  $GLD, $SLV Last Wednesday a week,  saw a bit of Southside action in the US stock market.  The DJIA closed 1.78% (373 points) below Tuesday’s close. That has all been erased and S&P 500 and NAS Comp are in record territory again. People […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Wall Street earnings are winding on down and we have a light economic reports week ahead: Empire manufacturing Monday. Housing starts, Industrial production and Capacity Tuesday and Philly Fed Friday. This week the NYSE indices may try to follow the path of the NAS Comp […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings season has started and financial results last week were not bad, but the market paid no attention. The media pundits are calling the end of The Trump Rally, and for the same major crash that they were calling for last November, others dialed back their Bullishness. […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX The US markets are stable in here, even though our US Navy battleships are sailing to North Korea, and Russian warships are steaming to Syria. Notably, the Wall Street sellers were not selling Friday, and the futures are up this morning pre-market. Steel stocks are […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This market is resilient, ‘The Paul Ryan Healthcare Failure ‘ was political theater produced by US President Donald Trump, the focus is now on his tax reform and infrastructure packages. Barack Obamacare will die on its own, then President Trump’s America’s Healthcare  will be back on […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX At the weekend the G-20 meeting concluded with the US asserting more nationalistic positions. That brings up the Currency markets, and how they will react to the communique? The FOMC rate hike did little to move the market as it was factored in already. The […]

Investors See Tech Driven Trump Rally Extending

Investors See Tech Driven Trump Rally Extending

Investors See Tech Driven Trump Rally Extending $XLK, $AAPL, $FB Technology companies have been a driving force behind the US stock market’s Trump Rally to record highs, and despite mounting evidence of stretched valuations the sector is a paramount pick for investors expecting a wave of capital spending by US corporations. Corporate tax cuts and […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Last week started strong, ended strong, the bids were there on the dip and the indexes recovered holding the trends and looking higher. The US market started to see some leaders struggle: materials, metals, industrial equipment, and some chips. If leaders cannot hold the line […]

President Donald Trump is in The Gold Bulls Camp

President Donald Trump is in The Gold Bulls Camp

President Donald Trump is in The Gold Bulls Camp $GLD, $SLV, $USD Statements last week by US Treasury Secretary Steven Mnuchin put The Trump Team in the Gold Bulls Camp Last Friday, Gold charged North for the 5th day running in heavy trade as the Trump-trade on financial markets begin to unwind, the USD weakens and interest […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Early Briefing: Overall some correction can/will/should/may come into global equities after the strength seen last week. See some sideways action coming in the early sessions this week before more Northside momentum takes hold. Last week we saw the break North, so now we could see a […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Early Briefing, World Stock Markets The Inauguration of Donald Trump as the US President kept the DJIA at 19827.25, 0.48% in the Green but the range of 19700-18000 remained intact. Similarly, DAX at 11630.13, +0.29% stayed in its 5-week range of 11400-700 for another session. […]

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: Equities are all mixed. Only the DJIA and DAX looks to be holding their upward rally and looks potentially Bullish while some weakness is seen in the other indices. Shanghai crashed, and Nikkei and Nifty may have some room […]

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing

Key Stock Indexes, Crude, Gold and Silver Markets Briefing $DIA, $GLD, $SLV, $OIL, $USO, $CU Commentary: The Bulls are back in stocks and a near term rally is happening. DAX has surprised the markets and is ready to end the year on a positive note. DJIA and Nikkei have risen nicely and set up for […]