Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street






Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Last week the US Fed’s standing pat with a “Hawkish” tone sent the US benchmarks indexes South Now this week Wall Street investor gets some Fed-speak meaning “jawboning” from Vice Chairman Fischer and then for Schoolmarm Yellen who will speak to the US Congress. And expect […]






This Policy Stuff is Way Past its Expiration Date

This Policy Stuff is Way Past its Expiration Date






This Fed Policy Stuff is Way Past its Expiration Date $GLD, $SLV, $NUGT, $GDXJ, $GGGG As expected, the FOMC passed up another opportunity to raise their Fed Funds Rate this week.  With 2016 being an election year, and late September just a few weeks from the November election, how anyone could believe the Yellen Fed would […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Investors rejoiced again Thursday as Fed they digested Wednesday’s FOMC minutes . Stocks rose across the board with DJIA adding 0.8% and S&P 500 + 07% and the NAS Comp + .05% extending the Risk Rally. Precious metals also gained […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Investors rejoiced as Fed stood pat and left the office policy interest rate unchanged. Stocks rose across the board with DJIA and S&P 500 indices adding +0.9% and +1.09% respectively. Precious metals also gained on USD weakness. The benchmark COMEX Gold […]






Gold & Silver’s Run Forecasts a Coming Bust in Stock, Bonds, Credit Markets

Gold & Silver’s Run Forecasts a Coming Bust in Stock, Bonds, Credit Markets






Gold & Silver’s Run Forecasts a Coming Bust in Stock, Bonds, Credit Markets $GLS, $SLV, $UGLD, $GDX, $CEF, $PHYS In the coming years as investors are forced to seek safe-havens expect Gold to rise to record highs as asset bubbles burst in everything from stocks, bonds and credit. The precious Yellow metal is at the beginning […]






Divided FOMC Stood Pat on Rates, Tone “Hawkish”

Divided FOMC Stood Pat on Rates, Tone “Hawkish”






Divided FOMC Stood Pat on Rates, Tone “Hawkish” $DIA, $SPY, $QQQ, $VXX A divided Federal Open Market Committee (FOMC) left the fed funds rate unchanged for a 6th meeting running, saying it would wait for “more evidence of progress toward its goals”, while projecting that an increase is likely by year-end. “Near-term risks to the […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: US stocks saw choppy trade again Tuesday, and it is likely we will see some volatility after the BOJ and the FOMC policy announcements Wednesday. PE FLASH: From the BOJ minutes “Quantitative and Qualitative Monetary Easing with Yield Curve Control” […]






Expecting US Fed to Include “Hawkish” No-hike Language in Policy Statement

Expecting US Fed to Include “Hawkish” No-hike Language in Policy Statement






Expecting US Fed to Include “Hawkish” No-hike Language in Policy Statement $DIA, $SPY, $QQQ, $VXX The US Fed will not raise interest rates when it meets this week, but the FOMC will include “Hawkish” no-hike language in policy statement, said Jeffrey Gundlach, CEO of DoubleLine Capital. Mr. Gundlach said Fed officials “want to be able […]






Key US Stock, Crude, Gold and Silver Markets Briefing

Key US Stock, Crude, Gold and Silver Markets Briefing






Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Waiting for the BOJ and FOMC meets trade as we saw Monday was/is choppy. PE DJIA at 18120.17 declined slightly Monday on choppy trade ahead of the US Fed policy announcement Wednesday. Major support of 18000-17850 continues to hold strong, some […]






Alan Greenspan’s Credibility is an Accident that is still Happening

Alan Greenspan’s Credibility is an Accident that is still Happening






Alan Greenspan’s Credibility is an Accident that is still Happening $DIA, $SPY, $QQQ, $VXX In a article last week, the former Fed Chairman is quoted to be worried about the “crazies.” For some unknown reason, former Federal Reserve Chairman Alan Greenspan’s, 90 anni, opinions are still taken seriously. No one person has done more to […]






Extreme Volatility and Market Breadth Seen in Coming Days

Extreme Volatility and Market Breadth Seen in Coming Days






Extreme Volatility and Market Breadth Seen in Coming Days $DIA, $GLD, $SLV There was some excitement Tuesday, as the Dow Jones was down 1.41% and the NYSE saw a day of extreme breadth.  But the Dow Jones Industrial Average (DJIA) recovered from its early week losses, and ended the week higher than last Friday’s close.  The […]






Fed will be Political NOT Practical

Fed will be Political NOT Practical






Fed will be Political NOT Practical As badly as the US Economy needs to break off the addictive stimulus from the Fed, it is more likely Yellen will play politics. Federal Open Market Committee prepares to meet again next Tuesday and Wednesday to review interest rate policy, widespread expectations are that, for a sixth consecutive […]






Entrepreneurship in America “Died” Under Obama

Entrepreneurship in America “Died” Under Obama






Entrepreneurship in America “Died” Under Obama $BAC The Y 2008 financial crisis buried US entrepreneurship, and it’s having a hard time coming alive again. A US economist at Bank of America Merrill Lynch (NYSE:BAC), recently said that the formation of new corporate firms and individual establishments has plunged since the financial crisis and remained low […]






Fed Welcomes Uptick in Inflation

Fed Welcomes Uptick in Inflation






Fed Welcomes Uptick in Inflation US consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32.5 years, pointing to a steady build-up of inflation that could allow the US Fed to raise interest rates this year. The cost of living last month was also pushed up by continuing […]






US Manufacturing Output Disapointed in August

US Manufacturing Output Disapointed in August






US Manufacturing Output Disapointed in August $DIA, $SPY, $QQQ, $VXX US factory production fell in August on cutbacks in appliances, home electronics and machinery. This threatens the market’s hopes for a manufacturing rebound after 2 prior months of gainers. The US Fed said Thursday factory production dropped 0.4% in August, after an increase of 0.4% […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $ORCL The only S&P 500 member scheduled to report earnings is Oracle Corp. (NASDAQ:ORCL) Thursday. Economic reports The week’s 1st notable economic report to Wall Street will be the August import and export prices, released Wednesday. The Bureau of Labor Statistics’ August Producer Price Index (PPI), August retail sales, the Phily Fed’s […]






The US Fed has Not Delivered on the Economy

The US Fed has Not Delivered on the Economy






The US Fed has Not Delivered on the Economy The US Fed is stuck to actions devised by Ben S. Bernanke that have not worked to restore strong economic growth since the Great Recession The US central bank’s adherence to the idea that unemployment and weak demand can be cured with policies that encourage consumers, businesses and governments […]






Fed Hawks Raiding the Stock and Bond Markets

Fed Hawks Raiding the Stock and Bond Markets






Fed Hawks Raiding the Stock and Bond Markets $DIA, $SPY, $QQQ, $VXX Friday, both the US stock and bond markets were in free-fall triggered by US Fed “Hawk Talk” early in the day. The S&P 500 Index dove 2% in its biggest drop since the Brexit vote, US Treasuries slumped, sending the yield on the […]






Fed ‘Beige-Book, “US Economy Has Slowed”

Fed ‘Beige-Book, “US Economy Has Slowed”






Fed’s ‘Beige-Book, “US Economy Has Slowed” $DIA, $SPY, $QQQ, $VXX The economy grew at a slowed pace this past Summer in 8 of the Federal Reserve’s 12 US  districts, a slowdown from prior reports that will make US Fed policymakers cautious about an interest rate hike anytime soon. The Fed’s ‘Beige Book’ survey of business […]






Donald Trump, “We have a very false economy”

Donald Trump, “We have a very false economy”






Donald Trump, “We have a very false economy” Donald Trump reiterated his hardline approach on the deportation of “a huge number” of illegal immigrants, vowing Monday, if elected, “they’re going out so fast your head would spin.” In his remarks Donald Trump described his intention to reporters traveling on his plane with him to a […]






Weak NFPs Signals No Fed Rate Hike in September

Weak NFPs Signals No Fed Rate Hike in September






Weak NFPs Signals No Fed Rate Hike in September $DIA, $SPY, $QQQ, VXX August Employment Situation and July Trade Deficit: NFPs: 151,000; Private Sector: 126,000; Unemployment Rate; 4.9% Unch; Hourly wages: +0.1%/ Trade Deficit: $5.2-B narrower Commentary: Given how robust job gains were in June and July, the weak August increase halted the FOMC actions. If […]






Financial Markets Running on “Hope” for Continuing Stimulus

Financial Markets Running on “Hope” for Continuing Stimulus






Financial Markets Running on “Hope” for Continuing Stimulus $DIA, $SPY, $QQQ, $VXX In this world of easy money, where the markets hope the near-Zero interest rate policies to continue, there really should be hope for a growing not stagnant economy. This week;s economic reports have been dominated by a very strong consumer confidence report. The […]






US Fed “Mastering the Art of Market Manipulation”

US Fed “Mastering the Art of Market Manipulation”






US Fed “Mastering the Art of Market Manipulation” $DIA, $SPY, $QQQ, $VXX Ace bond investor Bill Gross ramped up his criticism of the US Fed Wednesday, characterizing its Chairwoman Janet Yellen and her predecessors and contemporaries at other central banks of mastering “the Art of Market Manipulation.” Mr. Gross writes: “All have mastered the Art […]






Yellen Will Not Fail To Deliver Support to Financial Markets

Yellen Will Not Fail To Deliver Support to Financial Markets






Yellen Will Not Fail To Deliver Support to Financial Markets $DIA, $SPY, $QQQ, $VXX Morgan Stanley (NYSE:MS) predicts the US Fed will forgo raising interest rates in September and in December, and Janet Yellen, and the other Fed policy makers said nothing in Jackson Hole, WY, to change the firm’s outlook. US Treasuries pared a […]






Personal Income, Wages, Salaries, Savings Advanced in July

Personal Income, Wages, Salaries, Savings Advanced in July






Personal Income, Wages, Salaries, Savings Advanced in July $DIA, $SPY, $QQQ, $VXX US consumer spending increased for a fourth straight month in July amid strong demand for automobiles, pointing to a pickup in economic growth that could pave the way for the Federal Reserve to raise interest rates this year. The Commerce Department said Monday […]






Top Fed Officials Pushing for Interest Rate Hikes

Top Fed Officials Pushing for Interest Rate Hikes






Top Fed Officials Pushing for Interest Rate Hikes $DIA, $SPY, $QQQ, $VXX As central bankers converge on Jackson Hole Thursday for an annual conference on monetary policy, a couple of top US Fed officials took the chance to renew a push for interest-rate hikes, citing improvement in employment and inflation. “The case is strengthening” for […]






Key Economic Data Does Not Reflect Pending ‘Disaster’

Key Economic Data Does Not Reflect Pending ‘Disaster’






Key Economic Data Does Not Reflect Pending ‘Disaster’ $DIA, $SPY, $QQQ, $VXX July New Home Sales and August Philadelphia Fed NonManufacturing Survey Home Sales: +12.4%/ Philly Fed: -4 points; Orders: -14.9 points The Big Q: With housing and hiring looking really good, where is the economic disaster we keep hearing about? The notion that the […]






US Consumer Prices Unchanged, Inflation Slows

US Consumer Prices Unchanged, Inflation Slows






US Consumer Prices Unchanged, Inflation Slows $DIA, $SPY, $QQQ, $VXX US consumer prices were unchanged in July as the cost of gasoline fell for the 1st time in 5 months and underlying inflation slowed, which could further diminish prospects of a US Fed interest rate increase this year. The Labor Department said Tuesday that the […]






Key World Stock Markets Briefing

Key World Stock Markets Briefing






Key World Stock Markets Briefing $DIA, $DAX, $GLD, $SLV, $USO, $OIL Commentary: Stagnant retail sales data in US has reduced the expectations of a rate hike by the US Fed this year, keeping the risk appetite high. DJIA at 18636.05, +0.32% has managed in the last 3 wks  just +0.3%. If a run to to 18900-19000 […]






Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street






Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings are for the most part over. The Key economic reports this week are regional manufacturing reports, New York, Philadelphia, CPI, Industrial production/Capacity utilization, and the FOMC minutes. The economics data is always important. But, this 7 year old Bull Market has been given support since […]






The US Consumer Pauses, Spending Halts, Economy Stalls

The US Consumer Pauses, Spending Halts, Economy Stalls






The US Consumer Pauses, Spending Halts, Economy Stalls $DIA, $SPY, $QQQ, $VXX “The consumer paused in July and with price pressures soft, the Fed members will probably gain a few more grey hairs.” — Joel Naroff, Economist The Consumer Data: July Retail Sales and Wholesale Prices Sales: 0%; Excluding Vehicles: -0.3%/ PPI: -0.4% Excluding Food […]






Experts See Gold Rally Extending

Experts See Gold Rally Extending






Experts See Gold Rally Extending $GLD, $SLV Gold has rallied strongly YTD with recent world events pushing it higher as anxious investors seek its safety and preservation of wealth and buying power. From Britain’s sudden exit from the EU, to the most contentious Presidential election seasons in US history, to ISIS terrorist attacks, the only […]






Gold Getting Boost from Japan Spend/Lend Stimulus

Gold Getting Boost from Japan Spend/Lend Stimulus






Gold Getting Boost from Japan Spend/Lend Stimulus $GLD, $SLV, $ABX, $KGC “Gold is getting another boost, this time from Japan PM Shinzo Abe” Gold prices are headed for the longest rally in more than 6 weeks after Japan’s cabinet Tuesday approved a spending/lending stimulus package, including JPY4.6-T in outlays this year. The USD also weakened, […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $PFE, $PG Earnings season continues with 119 S&P 500 companies reporting. Included in this group are DJIA components Pfizer Inc. (NYSE:PFE) and Proctor & Gamble Co. (NYSE:PG), which will both report Tuesday. Economic Reports The week’s 1st economic reports to Wall Street will be the July purchasing manager’s manufacturing index (PMI), the […]






American’s are Almost as Wealthy as Ever, it is Scary

American’s are Almost as Wealthy as Ever, it is Scary






American’s are Almost as Wealthy as Ever, it is Scary Americans are about as wealthy as they have ever been and that is worrying monetary officials.  They are concerned that the growing wealth could prove unsustainable because it has outstripped the growth of the economy since the Great Recession’s storied end in Y 2009. A […]






Raise Rates, Don’t Raise Rates, Who’s Right?

Raise Rates, Don’t Raise Rates, Who’s Right?






Raise Rates, Don’t Raise Rates, Who’s Right? $DIA, $SPY, $QQQ, $VXX There are those economists that argue that the US Fed should take an unconventional approach to ending a long period of below-target inflation: that being that instead of keeping interest rates low to drive economic activity and push up prices, it should raise interest […]






No Growth in Global Economy, Cash is King, Gold Shines

No Growth in Global Economy, Cash is King, Gold Shines






No Growth in Global Economy, Cash is King, Gold Shines $GLD, $SLV Looking at the global economy today we see several worrying developments. Currency devaluations and negative interest rate policies, + slow-to-no economic growth in both developed and developing economies. Experienced investors are trying to make “heads or tails” of today’s financial markets. The Big […]






Caution, Investors are Chasing Stocks, more Tactical than Fundamental

Caution, Investors are Chasing Stocks, more Tactical than Fundamental






Caution, Investors are Chasing Stocks, more Tactical than Fundamental $DIA, $SPY, $QQQ, $VXX Investors are no longer running from the stock market they are chasing it for reasons that are more tactical than fundamental: Caution. It is too early to tell where the UK’s new position in the overall context of the EU will be […]






Global Stock Markets “Bouncing” Off Of Hefty Losses

Global Stock Markets “Bouncing” Off Of Hefty Losses






Global Stock Markets “Bouncing” Off Of Hefty Losses $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV Wednesday, Global stock markets continued to recover after last week’s losses and the USD was down 0.5% Vs a basket of peer currencies. Gold rose Wednesday on the USD’s retreat and investor appetite for safe assets remained strong because of longer-term […]






The Week Ahead on Wall Street

The Week Ahead on Wall Street






The Week Ahead on Wall Street $NKE, $GIS, $CAG, $MU Earnings results from Q-2’s early reporters will be released to Wall Street this week with 10 members of the S&P 500 on tap. They are NIKE (NYSE:NKE)Tuesday, Acuity Brands (NYSE AYI), General Mills (NYSE:GIS) and Monsanto (NYSE:MON) Wednesday; and ConAgra Foods (NYSE:CAG), Constellation Brands (NYSE:STZ), Darden […]






The Fed Policy Makers are Fighting for Their Lives

The Fed Policy Makers are Fighting for Their Lives






The Fed Policy Makers are Fighting for Their Lives Something interesting happened the Friday (Quad Witching) before Brexit; trading volume exploded on a decline in the Dow Jones.  In the BEV chart below I inserted the daily trading volume (mils) for the Dow Jones instead of the usual BEV values to highlight what happened. It […]






Friday Is Russell Index Adjustment + Brexit Announcement Day

Friday Is Russell Index Adjustment + Brexit Announcement Day






Friday Is Russell Index Adjustment + Brexit Announcement Day $DIA, $SPY, $QQQ, $VXX Friday could be Wild on Wall Street as traders react to the vote on British membership in the EU and adjust their portfolios to the annual reconstitution of  Russell stock indexes. The annual FTSE Russell index adjustment, in which stocks are added […]






IMF Downgrades US Economic Forecast

IMF Downgrades US Economic Forecast






IMF Downgrades US Economic Forecast The International Monetary Fund  (IMF) downgraded its forecast for the US economy this year and said America should raise the minimum wage to help the poor, offer paid maternity leave to encourage more women to work and overhaul the corporate tax system to boost productivity. In its annual checkup of […]