The Trump Rally Drives DJIA to Record 23,157.60

The Trump Rally Drives DJIA to Record 23,157.60

The Trump Rally Drives DJIA to Record 23,157.60 $DIA, $SPY, $QQQ, $VXX The DJIA marked 23,002 Tuesday intra-day, but closed just below the ’round’ mark. This latest 1,000-point increase was covered in half the time it took the index to move from 21,000 to 22,000. Wednesday, the US major stock market indexes finished at: DJIA +160.16 at 23157.60, […]

The Fed Wants to Take Credit for The Trump Rally

The Fed Wants to Take Credit for The Trump Rally

 The Fed Wants to Take Credit for The Trump Rally $DIA, $SPY, $QQQ, $VXX President Donald Trump is given credit for record-high stock prices following his November election, now a new study published by the Fed suggests the central bank has played a role. Tax cuts were bad news for the stock market in the […]

Gold Vs Fed, What’s in Store for the Precious Yellow Metal

Gold Vs Fed, What’s in Store for the Precious Yellow Metal

Gold Vs Fed, What’s in Store for the Precious Yellow Metal $GLD Some analysts speculate that investors in equities might turn, and take profits now that the Fed plans to let up to $6-B of US Treasury debt and $4-T in MBS (mortgage back securities)to mature every month without reinvesting the proceeds. Those amounts will […]

The Market Update for September

The Market Update for September

The Market Update for September $DIA, $SPY, $QQQ, $GLD, $SLV The Dow Jones (NYSEArca:DIA) made 7 new BEV Zeros (new all-time highs) in the past 3 weeks; it cannot make a decent correction if it continues doing that.  And that’s one thing this market needs to do – make a decent correction.  The Dow Jones […]

Fed May Have Misjudged Low Inflation

Fed May Have Misjudged Low Inflation

Fed May Have Misjudged Low Inflation $DIA, $SPY, $QQQ, $VXX Expect President Trump to fill the Fed vacancies with pro-growth advocates. Econ 101, No inflation, No growth. Tuesday, the expected outgoing Federal Reserve Chairwoman Janet Yellen acknowledged that the central bank is puzzled by the persistence of unusually low inflation and that it might have […]

Fed Must See Higher Prices Before Another Rate Hike

Fed Must See Higher Prices Before Another Rate Hike

Fed Must See Higher Prices Before Another Rate Hike $DIA, $SPY, $QQQ, $VXX The Federal Reserve should wait until there are clear signs that American paychecks and prices are rising before raising interest rates again, a Fed bank president and FOMC voter, said Monday, warning that moving too fast would be a policy “misstep.” Chicago […]

US Household Wealth Up $1.7-T, Another Record Under President Trump

US Household Wealth Up $1.7-T, Another Record Under President Trump

US Household Wealth Up $1.7-T, Another Record Under President Trump $SPY The wealth of US  households rose to $96.2-T in Q-2 of this year, as US stock prices hit record highs and home values continued to climb, a report by the Fed showed Thursday. That compares to a downwardly revised $94.5-T tally for household net […]

FOMC Schedules Asset “Normalization” as Expected

FOMC Schedules Asset “Normalization” as Expected

FOMC Schedules Asset “Normalization” as Expected Federal Reserve officials set an October start for shrinking their $4.5-T of assets, moving to unwind a pillar of their crisis-era support for the economy. FOMC forecasts 1 more interest-rate hike later this year, saying storm damage will have a temporary impact on the economy. “Hurricanes Harvey, Irma and […]

Bitcoin, from Curiosity to Household Word

Bitcoin, from Curiosity to Household Word

Bitcoin, from Curiosity to Household Word $JPM, $BTCUSD The Bank for International Settlements (BIS) said Monday, that the world’s central banks cannot ignore the growth in cryptocurrencies and may at some point have to consider whether it makes sense for them to issue their own digital currencies, “Whether or not a central bank should provide […]

US Stock Indexes Mark New Record Highs, Financials Lead

US Stock Indexes Mark New Record Highs, Financials Lead

US Stock Indexes Mark New Record Highs, Financials Lead $DIA, $SPY, $QQQ, $VXX The major US stock market indexes are trading at record marks driven by gains in financial, technology and industrial stocks, with focus on the FOMC’s policy meet Tuesday and Wednesday, as The Trump Rally extends. Shares of the major banks, including Bank […]

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation

This Week’s FOMC Meet May Trigger Stock Rotation $SPY 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 […]

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming

Focus on Gold, Silver, Precious Metals Mining and Royalty Streaming $GLD, $SLV, $MTAFF, $IBM, $WMT To start this is gold’s step sum chart going back to November 2010.  For almost a year (November 2010 to August 2011) gold’s step sum saw an amazing ascent; rising from 220 to 275 (55 net advancing days) in a […]

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here

Face It People, The Trump Economic Boom Is Here $DIA (DJIA) Have you noticed, that through the mist of Russia, James Comey, Charlottesville and now 2 monster hurricanes, that the US economy is booming faster than it has since the late Clinton years, well have you? This is undeniable. In the last year of The […]

US Stocks to Record Highs, Rate Hikes, NKorea, Irma Fears Fade

US Stocks to Record Highs, Rate Hikes, NKorea, Irma Fears Fade

US Stocks to Record Highs, Rate Hikes, NKorea, Irma Fears Fade $DIA, $SPY, $QQQ, $VXX The Trump Rally extends, as President Trump’s approval ratings soar. Monday, the S&P 500 rose 1%+ to a record high close, as Fed rate hike fear abated, Irma caused less damage than expected in Florida, and NKorea decided not to […]

Rebuilding After Hurricanes Will Boost US Economy

Rebuilding After Hurricanes Will Boost US Economy

Rebuilding After Hurricanes Will Boost US Economy $DIA, $SPY, $QQQ, $VXX Federal Reserve Bank of New York President William Dudley said back-to-back hurricanes in Q-3 will  lead to increased economic activity over the long run despite any tragic consequences. The storms could (will) influence the timing of the next interest-rate increase, although above-trend growth does […]

Fed Vice Chairman Fischer Resigns Citing “Personal Reasons”

Fed Vice Chairman Fischer Resigns Citing “Personal Reasons”

Fed Vice Chairman Fischer Resigns Citing “Personal Reasons” Wednesday, Stanley Fischer, 73 anni, Vice Chairman of the Federal Reserve, submitted his resignation for “personal reasons,” adding another vacancy in the Fed’s 7-member board. Mr. Fischer’s resignation as Vice Chairman and a member of the Fed board of governors will be effective on 13 October 2017, […]

US Economic Growth Picking Up, Inflation Muted

US Economic Growth Picking Up, Inflation Muted

US Economic Growth Picking Up, Inflation Muted $DIA, $SPY, $QQQ, $VXX The US economy expanded at a moderate pace in July through mid-August, but signs of an acceleration in inflation are muted, the latest survey conducted by the Fed showed Wednesday. “Prices rose modestly overall across the country,” the central bank said in its Beige […]

New Fed Chairman Coming Soon

New Fed Chairman Coming Soon

New Fed Chairman Coming Soon White House senior economic adviser Gary Cohn was “mum” about his willingness to take over as Chairman of the Fed early next year. “I’m really excited to be doing what I’m doing,” Mr. Cohn said Friday when asked about his desire for the job of being head of the US […]

US Consumer Spending Up, Inflation Down, USD Falling

US Consumer Spending Up, Inflation Down, USD Falling

US Consumer Spending Up, Inflation Down, USD Falling $DIA, $SPY, $QQQ, $VXX US consumer spending rose a bit in July and annual inflation increased at its slowest pace since late Y 2015, diminishing expectations of a Fed interest rate hike in December. Inflation remains low even as the labor market is near full employment, a […]

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at 1300 oz, Next?

Gold Has Broken Through the Psych Resistance at $1300 oz, Next? $GLD Gold has broken the 1,300 0z  the Psych resistance mark that has held since October 2016. Today the metal trades at 1,324. This rise is being attributed in part to a weakened USD after the head of the ECB refrained from talking down […]

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive”

Investors are saying, “Stocks Are Too Expensive” $DIA, $SPY, $QQQ, $VXX Caution Signals Blinking Many professional investors (46%) saying stock markets are overvalued, Bank of America Merrill Lynch’s monthly fund manager poll showed Tuesday. The survey, which polled 202 asset managers with $587-B under management, was carried out between 4-10 August, and showed cash levels […]

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish

A 5 to 10% Pullback in the Market will be Bullish And Low Inflation in the US is Like a Tax Cut for the Economy Economist Larry Kudlow, a former adviser to President Ronald Reagan, said he is Bullish stocks because profits are rising, inflation is low and consumer confidence is high. “I’m very Bullish […]

The DJIA Has Been Moving from 1 New All-time High to Another

The DJIA Has Been Moving from 1 New All-time High to Another

The DJIA Has Been Moving from 1 New All-time High to Another $DIA, $GLD, $VXX The last article I sent out was on the weekend of July 15, and since then the DJIA has seen 10 new all-time highs. In fact, since July 11 the Dow Jones Industrial Average has increased from 21,409.07 to 22,092.81 […]

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M US job openings jumped to a record high in June, outpacing hiring, the latest signalling that companies are having trouble finding qualified workers. JOLTS, the monthly Job Openings and Labor Turnover Survey released by the US Labor Department Tuesday also underscored labor market strength may encourage […]

The Trump Rally Extends, DJIA Marks Its 8th Straight Record High

The Trump Rally Extends, DJIA Marks Its 8th Straight Record High

The Trump Rally Extends, DJIA Marks Its 8th Straight Record High $DIA, $SPY, $QQQ, $VXX The DJIA (Dow Jones Industrial Average) ended on its 8th straight record high Friday, with gains in banks after the NFPs data showed US employers hired more workers than expected in July. The strong jobs report may help clear the […]

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon”

FOMC “Reducing Debt Holdings to Start ‘Relatively’ Soon” Fed officials said they would begin running off their $4.5-T balance sheet “relatively soon” and left their benchmark policy rate unchanged as they assess progress toward their inflation goal. The start of balance-sheet normalization is another policy Milestone in an economic recovery now in its 9th year. […]

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again

Fed Chairwoman Gets Investors Attention Again $DIA, $SPY, $QQQ, $VXX The focus Thursday was Fed Chairwoman Yellen’s testimony before the US Congress as the market posted another record close. Wednesday’s testimony confirmed this year’s next rate hike/s and QE policy tightening process that the market expected, but the discussions about the longer-term Neutral rate of […]

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive”

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive”

Fed’s Plan to Cut Bond Holdings Could Be “Very Disruptive” $DIA, $SPY, $QQQ, $VXX JPMorgan Chase & Co’s (NYSEJPM) Chairman, Jamie Dimon, said Tuesday that the unwinding of Fed’s bond-buying programs is an unprecedented challenge that may be more disruptive than people think. “We’ve never have had QE like this before, we’ve never had unwinding […]

US Entering Period of Stagflation

US Entering Period of Stagflation

US Entering Period of Stagflation Former Fed Chairman Alan Greenspan warns that America is entering a “very tough” period of stagflation as it emerges from economic stagnation. “As the inflationary pressures which now seem to be building, we’ve just been through a long period of stagnation, we’re moving now toward what we used to call […]

Markets Bet for a Fed Rate Hike in December

Markets Bet for a Fed Rate Hike in December

Markets Bet on a Fed Rate Hike in December The FOMC mins showed a discussion of inflation with the current low figures being dismissed as being due to technical issues rather than underlying trends. In an environment where inflation is generally low, technical distortions assume a lot more importance. A 0.4% drop in consumer price […]

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here

Think Portfolio Insurance When Buying Gold in Here $GLD, $USD Gold (NYSEArca:GLD) is ranged within 1,190 and 1250 oz short term as the metal tracks US real interest rates. “We’re not saying we have a Bullish bias; we’re not saying we have a bearish bias,” siad executive director for commodities and foreign exchange at UBS […]

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs

Global Stock Investors Seeing Record Market Highs $DIA, $SPY, $DAX, $DJSH, $N300, $NSEI Year to Date (YTD) investors in global stock markets are seeing record highs. Record marks for the widely-followed country indexes occurred in the context of notably low volatility, adding to investor comfort and a sense of accomplishment. All of this was accompanied […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Stock indices are mixed. DJIA and DAX are in a downward corrective phase and may continue in here, the Shanghai looks sideways. Nikkei looks Bullish and Nifty could test lower marks this week. PE DJIA at 21349.63, +0.29% tried to recover slightly from the 29 June […]

Central Banks Turn “Hawkish”, JPY Carry Trade Emerges

Central Banks Turn “Hawkish”, JPY Carry Trade Emerges

Central Banks Turn “Hawkish”, JPY Carry Trade Emerges $GBP, $USD, $EUR, $JPY, $CAD Cable, Loonie and EUR all rose last week on Hawkish comments from central bankers. The BOE Governor Mark Carney said it is not the time of rate hike yet. Then indicated the BOE MPC will start debating raising interest rate in the […]

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management Looks at the US & EU Markets

Allianz Investment Management (OTCMKT:AZSEY) Looks at the US & EU Markets $AZSEY In Q-1, it appeared that inflation in the US would indeed move up, as  the labor market continued to show signs of strength and job creation remained strong. Economic growth in Q-1 was weaker than FY forecasts, but financial markets have come to […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Almost all the global indices have fallen sharply and could test support below current marks. We have to wait for confirmation if the indices bounce back next week or continue to extend the downward correction for a few more trading days. PE DJIA at 21287.03, -0.78% […]

Shares of Big US Banks Rally on Strong Payout Plans

Shares of Big US Banks Rally on Strong Payout Plans

Shares of Big US Banks Rally on Strong Payout Plans, Tech Falling $DIA, $SPY, $QQQ, $VXX, $JPM, $KEY Thursday, shares in the biggest US banks rose after they revealed buyback and dividend plans that topped analyst expectations after the Fed approved capital proposals in its annual stress test program. The S&P 500 Bank sector index […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Almost all major stock indices look stable to Bullish in here. PE DJIA at 21467.14, -0.29% tested Key long term resistance near 21500 which could hold strong a few weeks. But, a upward extension could take it to 21600, but this could form a near term […]

Fed Sees Lower Interest Rated for Longer

Fed Sees Lower Interest Rated for Longer

Fed Sees Lower Interest Rated for Longer After last week, the FOMC raised the fed-funds rates by a quarter of a point and Fed Chair Janet Yellen, during the press conference that followed the rate decision pointed to the relentless debate, which concerns practically all central bankers of the leading economies in the world, whether […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Almost all major stock indices look Bullish in here. PE DJIA at 21528.99, +0.68% gaped up and moved up towards my target at 21600 as expected Monday. Near term looks Bullish and there could be a drive to 22000 in the cards. DAX at 12888.95, +1.07% […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Almost all major stock indices look Bullish in here. PE DJIA at 21384.28, +0.11% has been moving slow but looks Bullish in here, and may see it rise towards 21600 near term. DAX at 12752.73, +0.48% has been trading within the broad range of 12900-12600 for […]

Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating

Global Investors Rotating, Not Retreating $DIA, $DAX, $DJSH, $N300, $NSEI Global equities have recovered rapidly after a dip this month as technology firms sold off, signalling the investors are still confident about the last of the Trump reflation trades, as they take a more discerning approach to stock-picking. Despite that recent stumble, MSCI’s gauge of world stock […]

US Home Construction Stalled, Continuing Growth in Question

US Home Construction Stalled, Continuing Growth in Question

US Home Construction Stalled, Continuing Growth in Question $DIA,  $SPY,  $QQQ,  $VXX May Housing Starts and June Preliminary Consumer Confidence  Starts: -5.5%; 1-family: -3.9% Permits: -4.9%; 1-Family: -1.9% Consumer Confidence: down 2.6 points The downward trend in home construction does not augur well for growth in 2-H Business leaders and owners, whether they are involved […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI  Commentary: Stocks are stable and could either stay ranged or move North near term. PE DJIA at 21359.90, -0.07% has the potential to move up towards 21600 mid next week. The rise could be slow but overall near term looks Bullish to me. DAX at 12691.81, -0.89% has […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI  Commentary: Stocks are stable and could either stay ranged or move North near term. PE DJIA at 21374.56, +0.22% is moving in line with expectation, and could head towards our target at 21600 in the next 4-5 sessions. DAX at 12805.95, +0.32% marked an intra-day high at 12798 […]

The Search is On for a New Fed Chief

The Search is On for a New Fed Chief

The Search is On for a New Fed Chief $DIA, $SPY, $QQQ, $VXX President Trump’s top economic advisor, Gary Cohn to lead the search for the next Fed chief. President Donald Trump’s relationship with the Fed has been friendly to date, that does not mean Chairwoman Janet Yellen is likely to stay on. Some market […]

US Producer Prices Flat to Unchanged, Services Costs Rise

US Producer Prices Flat to Unchanged, Services Costs Rise

US Producer Prices Flat to Unchanged, Services Costs Rise US producer prices were flat to unchanged in May as energy costs recorded their biggest decliner in more than a year, suggesting a moderation in inflation after a rise at the start of the year. Inflation at the factory gate remains supported by sustained increases in […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI  Commentary: Stocks are stable and could either stay ranged or move North near term. PE DJIA at 21328.47, +0.44% rallied close to out target at 21400 in line with expectations and may mark our next target 21600 by the end of this week if the FOMC policy statement […]

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last  week ended with a new all-time high for the DJIA.  Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary.  Still, I have to be honest […]

President Trump Will Nominate 2 “Hawks” to Fed Board

President Trump Will Nominate 2 “Hawks” to Fed Board

President Trump Will Nominate 2 “Hawks” to Fed Board US President Donald Trump’s picks for the 2 open spots on the Fed Board of Governors may push for tighter monetary policy if they receive the Senate confirmation needed to join the interest rate-setting panel. President Trump will nominate Carnegie Mellon University professor Marvin Goodfriend, 66 […]

Value Stocks Lag Growth Stocks So Far this Year

Value Stocks Lag Growth Stocks So Far this Year

Value Stocks Lag Growth Stocks So Far this Year $FB, $AMZN, $AAPL, $NFLX, $GOOGL The Top 10 stocks, mostly in the tech industry, account for almost half the S&P 500’s gain of 7.7% YTD. In contrast, the S&P 500 Value Index has marks just a 2% gainer so far in Y 2017, trailing the‘Growth Index’ […]

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink”

Soft US Inflation May Warrant Interest Rate “Rethink” $DIA,  $SPY,  $QQQ,  $VXX Tuesday, Fed Governor Lael Brainard said soft US inflation may cause her to reassess the path forward for monetary policy should it linger, even as the global economic outlook brightens and US growth looks poised to rebound. “If the soft inflation data persist, […]

Aggressive Fed Could Upset Markets, Gold is the Hedge

Aggressive Fed Could Upset Markets, Gold is the Hedge

Aggressive Fed Could Upset Markets, Gold is the Hedge $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV The mins from this month’s FOMC meeting outline an aggressive agenda that may upset financial markets in the months ahead. Fed officials said the plan is cautious, and stocks rallied on the news. The Big Q: How safe should participants […]

FOMC Ties Rate Hikes to Economic Rebound

FOMC Ties Rate Hikes to Economic Rebound

FOMC Ties Rate Hikes to Economic Rebound The Fed (FOMC) policymakers agreed they should hold off on raising interest rates until they see evidence that a recent economic slowdown was transitory, mins from their 2-3 May policy meeting showed Wednesday. Nearly all policymakers at that meeting said they favored starting the wind-down of the Fed’s […]

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs

US Stock Market Marks Record Highs $DIA, $SPY, $QQQ, $VXX The Big Q: Is the the US stock market rising because too much money is chasing too few opportunities? The Trump Trade, or investing in stocks in hopes that the President’s policies will boost economic growth, is not the main driver of this market, says […]

US Economy Brightens on President Trump’s Policies

US Economy Brightens on President Trump’s Policies

US Economy Brightens on President Trump’s Policies $DIA, $SPY, $QQQ, $VXX Economic outlook in US brightens, Unemployment Rolls at 28.5-year Lows, Trump Administration’s policies driving the economy. New applications for US jobless benefits fell last week and the number of Americans on unemployment rolls tumbled to a 28.5 year lows, pointing to shrinking labor market […]

Trump Economy Runs, Atlanta Fed Raises GDP Growth View at 4.1%

Trump Economy Runs, Atlanta Fed Raises GDP Growth View at 4.1%

Trump Economy Runs, Atlanta Fed Raises GDP Growth View at 4.1% The US economy is forecast to expand at a 4.1% annualized pace in the Q-2 following the release of April figures on housing starts and industrial output, the Atlanta Federal Reserve’s GDP Now forecast model showed  Tuesday. Domestic factory production increased 1.0% last month […]

President Trump Can Revive the Economy that Socialist Obama Killed

President Trump Can Revive the Economy that Socialist Obama Killed

President Trump Can Revive the Economy that Socialist Obama Killed $DIA, $SPY, $QQQ, $VXX Thursday, Sam Zell said President Donald Trump has an “extraordinary opportunity” to revive an economy that died under 8 years of regulatory oppression under Barack Hussein Obama. “I think we’ve had 8 years of kind of an anti-business administration with very […]

VIX (NYSEArca:VXX) Marks 10 yr Lows

VIX (NYSEArca:VXX) Marks 10 yr Lows

VIX (NYSEArca:VXX) Marks 10 yr Lows $VXX, $AUDUSD, $JPY, $EUR, $GBP After returning from the long May Day weekend, equity investors look undecided on whether to be Bullish or Bearish. Stocks across Asian markets were mixed Tuesday despite the CBOE Volatility Index (VIX), Wall Street’s ‘Fear Factor’  hitting its lowest marks in a decade. The low volatility was reflected […]

World War 3: Bullish on Gold (NYSEArca:GLD)

World War 3: Bullish on Gold (NYSEArca:GLD)

World War 3: Bullish on Gold (NYSEArca:GLD) $GLD, $SLW, In times of War or other upheaval, people turn to Gold (NYSEArca:GLD). When economies wobble and governments fall, Gold has always been seen as the best way to preserve wealth. The Y-Y change in the consumer price index has already risen from 0 to 2.5%. When […]

Central Banks are Monetizing Stocks and Bonds

Central Banks are Monetizing Stocks and Bonds

Central Banks are Monetizing Stocks and Bonds $DIA, $SPY, $QQQ, $GLD, $SLV Following this market is an exercise in frustration.  Last week, DJIA (DOW) appeared ready to roll over.  I expected the Dow  to be closer to its -5% line than its -2.5% line at the close of this week. But, as you can see […]

Market Says, “The Trump Administration to Deliver Tax Reform”

Market Says, “The Trump Administration to Deliver Tax Reform”

Market Says, “The Trump Administration to Deliver Tax Reform” $DIA, $SPY, $QQQ, $VXX Markets are in full risk-on mode this week. DJIA gained 232.23 pts or 1.12% to close at 20996.12 Tuesday. S&P 500 also rose 14.46 pts or 0.61% to close at 2388.61. Both indexes took out Key resistance at 20887.5 and 2378.36 respectively […]

US President Trump Not “Talking Down” the USD

US President Trump Not “Talking Down” the USD

US President Trump Not “Talking Down” the USD $DIA, $SPY, $QQQ, $VXX US President Donald Trump is “absolutely not” trying to talk down the strength of the USD, Treasury Secretary Steven Mnuchin was quoted as saying Wednesday. Trump said last week in an interview with the WS-J that the dollar was “getting too strong,” and […]

Bullish Gold: A Case Study for Gold’s Price Run to $2,500 oz

Bullish Gold: A Case Study for Gold’s Price Run to $2,500 oz

Bullish Gold: A Case Study for Gold’s Price Run to $2,500 oz $GLD, $GDX, $SLW, $EXCFF Those who read this column know that I have been Bullish Gold for several months after noting the end of the Bear cycle in the precious Yellow metal and new forces that will contribute to an even stronger advance […]

Expect The Congress to Embrace President Trump’s Growth Plan

Expect The Congress to Embrace President Trump’s Growth Plan

Expect The Congress to Embrace President Trump’s Growth Plan $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV, $USO Friday’s monthly NFPs market moving data release attracted much less attention than in the past. The Key jobs report reflects on the health of the US labor market in March, and it is important for assessing the underlying strength […]

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead

Fed Minutes: FOMC Eyes Change to Debt Holdings Policy Ahead $DIA, $SPY, $QQQ, $VXX Most FOMC policymakers think the Fed should take steps to begin trimming its $4.5-T balance sheet later this year as long as the economic data holds up, minutes from their March meeting revealed. Uncertainty is substantial, the Fed said, comment on […]

FLASH: Shake Up At Fed, Lacker Out

FLASH: Shake Up At Fed, Lacker Out

FLASH: Shake Up At Fed, Lacker Out A controversy that has been percolating for years has finally boiled over with the immediate resignation of Richmond Fed President Jeffrey Lacker (non-FOMC voter). The Richmond Fed President does not vote this year and Mr. Lacker was already set to step down in October, so Tueday’s news is […]

Gold’s Price Rise Triggers Mining Stocks’ Rally

Gold’s Price Rise Triggers Mining Stocks’ Rally

Gold’s Price Rise Triggers Mining Stocks’ Rally $GDX, $SBLG, $GFI, $NEM, $EXCFF Just about a week ago it looked like Gold’s Y 2017 rally was running out of steam, and in danger of losing sight of the psych mark at 1,200 oz. A number of major Gold stocks which had outperformed the precious Yellow metal […]

They Call it “Monetary Policy”

They Call it “Monetary Policy”

They Call it “Monetary Policy” $DIA,  $SPY, $GLD,  $SLV The Dow Jones made its last all-time high on March 1st, and since then its valuation has been slowly deflating.  It closed this week only nine Dow Points away from breaking below its BEV -2.50% line in the chart below. After the amazing 32 new daily […]

Dubai: Gold Hits 2-Week High as USD Falls

Dubai: Gold Hits 2-Week High as USD Falls

Dubai: Gold Hits 2-Week High as USD Falls  $GLD Spot Gold price forecast to range between 1,228 and 1,247 oz Gold jewelry prices in Dubai spiked Monday, as the USD fell in the aftermath of the recent Fed dovish interest rate adjustment. Bullion retailed Monday by as much as Dh10/gram when compared to the prices […]

Economic Electrical Power Consumption…

Economic Electrical Power Consumption…

Economic Electrical Power (EP) Consumption… US Historical Review: 1929-2017 $DIA, $SPY, $GLD, $SLV Last Friday promised some excitement for this week; what with the much anticipated interest rate increase by the FOMC and the Federal Government hitting its debt ceiling on Wednesday the 15th. Friday evening, it was all much to do about nothing, with […]

1 2 3 4