US Treasury Yields Seen Climbing Higher US T-Bond yield has broken above a multiyear base, which should lead to significantly higher yields for financial markets. “As I have been saying, two consecutive closes above 3.25% on the benchmark 30-year T-B means that my statement in July 2016 that we were seeing the low – I said […]
The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4% $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, the S&P 500 finished with a gainer of 0.1%, driven by financial shares, which rallied on another rise in interest rates. The blue-chip DJIA outperformed, adding 0.6%, the NAS Comp lagged, closing lower by 0.1%, and the small-cap Russell […]
Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt $TSLA Tesla’s (NASDAQ:TSLA) stock price and CEO, Elon Musk are getting the headlines, but the real story looks to be the steep decline in the value of the EV maker’s bonds. $1.8-B of Tesla bonds due in August 2025 marked a record low Friday. The bonds […]
Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Filmed Smoking Marijuana, Stock Dives $TSLA Tesla Inc. (NASDAQ:TSLA) CEo Elon Musk was filmed smoking marijuana, drinking whiskey and wielding a sword just hours before the automaker said its accounting chief would leave after a 1-month stint, the latest in a string of unusual behavior and executive departures that is […]
Like Tesla’s (NASDAQ:TSLA) Stock, its Bonds ‘Tanked’ Too $TSLA The ‘420’ Tweet has raised pointed question from The Street about his judgement, is it impaired? Like its stock price, Tesla (NASDAQ:TSLA) bonds have given up all of the gains they made after the company CEO, Elon Musk shocked investors with the ‘420’ Tweet on 7 […]
Russia Off the List of Top US Treasury Note/Bill/Bond Holders Russia is no longer listed among the Top foreign holders of US government securities, according to a report released in Washington. Russia, once among the Top 10 foreign owners of Treasuries, the country’s holdings of US bills, notes and bonds in May fell to $14.9-B, […]
Most Investors Pick Stock Funds as Best Long-Term Investment $SPY Investors have selected stock index or mutual funds over 5 other investments as the best for the long term results, according to the latest Wells Fargo/Gallup Investor and Retirement Optimism survey. Real estate and individual stocks are a distant second. Fully 54% of investors choose […]
Ferrari (NYSE:RACE) a Safer ‘Bet’ than Italian Government Bonds $RACE Italy’s iconic luxury carmaker Ferrari (NYSE:RACE) and Exor, the owners of Juventus football club, are among many Italian companies that can now borrow money more cheaply than Rome’s crisis-hit government. Italian sovereign bond yields rose this week to some of their highest marks in years […]
Tesla (NASDAQ:TSLA) Will Fail, All ‘Rentier’ Businesses Fail $TSLA Jim Chanos bets that Tesla. Inc. (NASDAQ:TSLA) Elon Musk’s struggling EV company will fail. Mr. Chanos has identified, and sold short many of the best-known corporate disasters of the past few decades. He say in an interview Wednesday, that the underlying philosophy of his investment strategy […]
This Market Could Be Saying ‘Buy in May’ $DIA, $SPY, $QQQ, $VXX An “upside-down” market may bode well for U.S. stocks, according to JPMorgan (NYSE:JPM). Established patterns look to be off in here, as bonds and equities move in tandem, stock prices climb along with volatility, shares fall despite strong earnings, and money flowed out […]
Assets that Will Suffer on the Return to the Normal Interest Rate Regime $SPY, $GLD, $SLV, $BAC While Treasuries faded a bit after 10-year yields tapped at the 3% mark last week for the 1st time in 4 years, expectations are mounting that higher rates will soon be normal again, that rate historically is 5.0% […]
Investors Rotating Leadership form QE ‘Winners’ to QE ‘Losers’ $DIA, $SPY, $QQQ, $VXX Analysts are expecting investors will shift their holdings as the realization sinks in that the Fed is committed to raising interest rates until a major event compels the central bank to reverse course. That means investments that had strong gains during a […]
Blockchain, “No One Can Own of Control It, Everyone Can Use It” $BTCUSD, $ETHUSD, $IBM, $GOOG, $JPM, $USB, $WMT, $SPOT Blockchain is a technology that no one can own or control but anyone can use, it is the platform for Cryptocurrency. Blockchain as applications for just about any enterprise involved in record-keeping, documentation, registrations and […]
People are asking: “Has this market topped.” $DIA, $GLD, $SLV Since February 8th when the Dow Jones broke below its -10% BEV line in the chart below, it’s been building a pennant formation. I don’t know how significant it will be when the BEV plot breaks above or below the pennant, as technical analysis in today’s […]
CPI Came in ‘Hot’, US Stock Market Shrugged it Off and Spiked $DIA, $SPY, $QQQ, $VXX The stock market pundits fears about inflation are inflated. Econ 101: No Inflation, No Growth Top-weighted financials and technology sectors lead market higher Wednesday, US stocks finished sharply higher, shrugging off an initial sharp decline in futures pre-market immediately […]
Insight into the Stock Markets’ ‘Quick’ Correction $DIA, $SPY, $QQQ, $VXX As US stock markets conclude 1 of the worst weeks point-wise in history, below is a list of the Key things to know about the quick 9 day corrective action, as follows: It was driven by technicals, not fundamentals. The ongoing market correction does […]
Monetary Policy is the Engine-of-Inflation $DIA, $GLD, $SLV Just 2 Friday’s ago, on January 26th The Dow Jones Industrial Average (DJIA) made its latest BEV Zero, new all-time high. Then 9 trading days later on Thursday February 8th it broke below its BEV -10% line in a dramatic fashion. The BEV plot seen below begins at […]
DJIA Pullback Linked to Bond Market Not DC Disclosures $DJIA Last week’s US stock market pullback related to movements in the bond market, and not to the release of a GOP House Intel memo that accuses FBI and DOJ investigators of anti-Trump bias, that has indicated President Trump in the Russia probe. President Trump’s position […]
Tesla (NASADQ:TSLA) Investors Searching for Returns Ignore Risk, Buy Bonds $TSLA Tesla Inc. (NASDAQ:TSLA) sold $546-M of auto lease-backed bonds Thursday. The debt deal allowed Tesla to pare the risk premiums it must pay on the notes. They were sold to yield between 2.3 and 5%. Investors had at the initial offered prices put in […]
DJIA Dips, as Market Bulls ‘Pause to Refresh’ $DIA, $SPY, $QQQ, $VXX The DJIA – 1.4% to 26076.89, the S&P 500 – 1.1% to 2822.43, and the NAS Comp – 0.9% to 7402.48. Rising bond yields profit taking in healthcare shares pushed the DJIA due South Tuesday tapping the Key support zone, its biggest 1-day decliner […]
Trump Rallies into “The January Effect” for the 2nd Year Running $DIA, $SPY, $QQQ, $VXX The Trump ‘Santa Claus’ Rally started the day after Donal J. Trump was elected US President on 8 November 2016, ran throught Christmas 2016, through all of Y 2017, and is still going strong this year, into The January Effect. […]
World’s Financial Markets ‘Bloated’ with Liquidity $DIA, $GLD, $SLV As far as the market trends I usually follow went last week, nothing new in the broad stock or precious metals markets, more of the same old stuff. The Dow Jones (DJIA) made another new all-time high Wednesday, the 95th since the November 2016 election. But besides […]
The Trump Stock Market Rally Defied the Naysayers in 2017 $DIA, $SPY, $QQQ, $VXX Year 2017 was full of surprises but market reactions defied conventional wisdom, leaving many a prognosticator 180 degrees out of phase.. Take the global economy; it was strong, yet bond yields went nowhere. NKorea threatened nuclear war, and volatility in US […]
Stocks World Wide at Record Highs $DIA, $SPY, $QQQ, $VXX. $DAX The Trump Bull Market Rally is Up and Running Major world stock markets rallied and government bond yields fell Tuesday as strong corporate profits, steady global growth and low inflation provide few alternatives for investors outside of stocks. Equity markets from Asia to Europe […]
Homeownership Does Not Build Wealth Like Other Investments $DIA, $SPY, $QQQ, $VXX A home is a place to live, raise ad family and thrive, if it goes up in value it is a lucky extra Homeownership is necessarily better than paying rent, according to a study Florida Atlantic University, Florida International University and the University […]
Bitcoin a Thriving, Anonymous ‘Speculative’ Instrument $BTCUSD Bitcoin, whose value has fluctuated significantly this month, remains a “speculative” investment that thrives because of the cryptocurrency’s anonymous nature, BlackRock’s (NYSE:BLK) Larry Fink said Monday. “The reason why it does so well is it is anonymous. It’s anonymous, and it’s cross-border,” Mr. Fink, whose firm oversees nearly […]
Millennials Rather Bitcoin Than Stocks and Bonds $BTCUSD Seen in News headlines, “millennials kill everything from romance to napkins”, but a new survey shows they may be responsible for keeping the Bull run in Bitcoin alive. A survey by venture capital firm Blockchain Capital found that about 30% of those in the 18-to-34 age range would […]
China to Open Up Financial Markets with Tougher Regulations China’s central bank (PBOC) Governor Zhou Xiaochuan, 69 anni, says that the country’s financial system is becoming significantly more vulnerable due to high leverage. Zhou who has made some stern warnings recently about debt levels in the world’s 2nd-largest, soon to be the world largest economy. […]
World Stocks Headed to the 12th Month of Gainers $BP, $RYAAY, $BNPQY World stocks headed for a record 12th month of gains Tuesday, as a 5.5 month high in European stocks and records elsewhere underscored one of the most robust Bull markets in history. Europe’s latest rally came as figures from the once-fragile Eurozone showed […]
Investors Deliver New Money into ‘Risk On’ Assets $DIA, $SPY, $QQQ, $VXX Investor appetite for risk on assets is set to make this by far the strongest year for inflows into stocks and corporate debt. Record highs for global stock markets has seen demand for riskier assets surge this year. Inflows are up $534-B YTD, […]
You and the US Stock Market: Big Q’s & A’s $DIA, $SPY, $QQQ, $VXX The US and global stock markets have hit record highs this year, as investors celebrate their gainers. But the record do not seem instilling a sense of excitement in everyone. Some investors are nervous, certain that a major correction is overdue, […]
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 […]
The Effects of the Shortened T+2 Settlement Cycle In March 2017, the United States Securities and Exchange Commission (the SEC) adopted amended Rule 15c6-1(a) which shortens the standard trade settlement cycle for most broker-dealer securities transactions from three business days (known as T+3) to two business days, (known as T+2). On Tuesday, September 5, 2017, […]
Stock Trades Will Soon Settle 1-Day Sooner The time frame between when you buy or sell a security and when the trade is settled is about to shrink. Currently, the US operates on a 3-day settlement cycle. Effective Tuesday, 5 September 2017, the US will switch to a 2-day settlement cycle, know as T+2, which […]
The Financial Markets are Ignoring the Saber Rattling $DIA, $SPY, $QQQ, $VXX Financial markets have not reacted much to the escalation in tensions between the US and NKorea, and that is largely because in the worst-case scenario it is impossible to guess an appropriate price for things like stocks and bonds. It’s hard to price […]
Managed Money Saying ‘Reduce Risk’ $DIA, $SPY, $QQQ, $GLD, $VXX Some of the biggest money managers have a message for investors, it is time to reduce risk, aka take some profits off of the table. Investors should pare US stocks and high-yield debt while shifting to lower-risk assets, such as Treasuries and mortgage-backed securities, according to […]
Malaysia’s bonds are coming back in favour but the respite may be brief. The level of the nation’s foreign reserves is coming under scrutiny as investors brace for outflows from emerging markets. “There has been a rebound of flows into Malaysia bonds after huge redemptions late last year,” said Desmond Soon, head of investment management […]
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 […]
Assuming I’m right how much higher can this market go? $DIA, $GLD, $SLV Another Quarter in 2017 has come and gone, and, I have to say that June was for the most part pretty quiet compared to what the stock market saw earlier in the year. In June we saw 7 new BEV Zeros (new […]
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 […]
Stocks Near Record Highs, Gold at 7 Week Lows, USD Bounces $DIA, $SPY, $QQQ, $VXX, $GLD, $USD US stock and bond markets will be closed tomorrow for Independence Day. The major US stock market indexes ended the half-day Monday session mixed Gold fell to the lowest level in 1.5 months as gains in USD and […]
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 […]
Not Being Invested in Low Volatility Market ‘Can Be Costly’ $DIA, $SPY, $QQQ, $VXX Goldman Sachs in a Note to clients: “Not being invested in a low volatility market “can be costly””. Many market strategists worry the low levels of volatility reflect market complacency, but Goldman Sachs (NYSE:GS) equity strategist explained that the low volatility […]
The Solid Reasons for Gold in an Investment Portfolio $GLD, $SLV, $ABX, $EXCFF, $SLW, $SPY Gold got crushed in The Trump Election rally post election, but a little over 5 months into Y 2017, the yellow metal is up 10.5%—making it one of the best-performing assets of the year so far. While the outlook for the […]
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 […]
Gold: GATA & James Turk with His “Smoking Gun” $DIA, $GLD, $SLV, $GDX The DJIA (Dow Jones) and its step sum below peaked on March 1st of this year, after which the venerable Dow saw heavy selling. The collapsing step sum shows us that. But the price trend of the Dow Jones has weathered the […]
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 […]
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 […]
World War 3, The Big Q: Should We Own Gold? $GLD, $SLV, $EXCFF The Greek philosopher Aristotle, student of Plato, teacher of Alexander the Great, and the Father of Logic, listed 4 characteristics of any sound form of Money e.g. Gold and Silver: Durability. It should not be perishable. That’s why, despite all claims to […]
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 […]
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 […]
Trump Bull Market Rally Has Room for a 10% Move $SPY The Trump Bull is Running… Some very savvy professional participants have seen The Trump Rally raging since his election and believe it has enough energy to drive as much as 10% higher despite pauses to refresh along the path to more record highs. “In […]
Home on The Street, Retail Investors Come Off of the Sidelines $SPY Retail investors plowed more cash into the markets last week, delivering US-based taxable-bond and international stock funds their 14th week running of inflows, the data showed Wednesday. Stock mutual funds and ETF’s (exchange-traded funds) netted $9.1-B during the week ended 8 March 8, […]
Inflation Back, Deflation Demons ‘Dead’, Growth Ahead $DIA, $SPY, $QQQ, $VXX The “Demons of Deflation” are in the dust-bin on a uptick in price pressures globally, prompting investors to seek protection in inflation-protected bonds. A year ago, it was deflation, falling prices that restrain consumer spending and economic growth that plagued investors and central banks, […]
Market Paused, President Trump Spoke, Unprecedented Rally Extends $DIA, $SPY, $QQQ, $VXX, $SNAP Investors piled into US stocks Wednesday, giving the market its biggest single-day gainer in 3 months, driving the major indexes to record highs again as The Trump Rally extends.. This Bull Market is being lead by the Big Banks on expectations that an […]
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 […]
The Markets as President Trump Took His Oath of Office $DIA, $SPY, $QQQ, $GLD, $SLV It’s been a month (December 20th) since the DJIA last closed at an all-time high. And since January 6th, the Dow Jones is finding breaking above its 20K line a hard nut to crack. That’s not to say the Dow […]
Evaluating the Long Term Value of Gold $GLD An oft cited negative about Gold is the inability for investors to value it, unlike stocks and bonds. A company’s revenues and earnings can be forecast to arrive at a valuation multiple. A bond’s cash flows can be discounted to come up with a present value. Gold […]
Wall Street Expects to Post Huge Q-4 Returns $DIA, $SPY, $QQQ, $VXX Wall Street firms are expected to post the biggest Q-4 win since the financial crisis as the US election triggered global markets activity from government bonds to currencies. Fixed-income and stock-trading revenue at the 5 biggest U.S investment banks rose 20% from a […]
The DJIA Tapped at the 20,000 Mark Friday $DIA, $SPY, $QQQ, $VXX The DJIA tapped at the 20,000 mark Friday, as US stock indexes close in on all-time highs as The Trump Rally extends. The US December jobs situation report showed that wages jumped by the largest amount in 7 years, though hiring was weaker […]
Investors Rotating Cash from Bonds to Stocks $DIA, $SPY, $QQQ US-based stock funds pulled in $11.8-B in the week ended 28 December data showed Thursday, ending Y 2016 with an penchant for stocks that had been seen for the better part of the year. Investors pulled $775-M from taxable bond mutual funds and exchange-traded funds […]
Trump Tax Cuts Seen Boosting Earnings by 20% Next Year $DIA, $SPY, $QQQ, $VXX Some analysts are raising earnings forecast for Y 2017 expecting US President Donald Trump to favor a more business friendly environment than Barack Hussein Obama. The combination of a Republican in the White House and a Republican Congress is seen by […]
New to the World of Investing? Get Started as a Trader $DIA, $SPY, $QQQ, $VXX If you are new to the investing world, your experience is likely very limited or none at all. You may be thinking about becoming a trader because you heard about how exciting the stock market is and the profits that […]
The Trump Rally Extends, DJIA in Record Territory “Again” $DIA, $SPY, $QQQ, $VXX Donald Trump’s promises to ramp up infrastructure spending and ease banking regulations are driving the DJIA North of the broader market. The DJIA drove to a fresh record Tuesday as the S&P 500 Index hangs 1.74 points below its all-time high and […]
Donald Trump in 2017, Different Than Ronald Reagan in 1981 $DIA, $GLD, $SLV Since the November 8th Presidential election, the NYSE has seen 17 trading sessions, with the DJIA closing at new all-time highs in 9 of them. I cannot argue with success, but seeing the stock market do so well after an election does nothing […]
November, a Pivotal Month in the History of Financial Markets $DIA, $SPY, $QQQ, $VXX, $GS, $JPM November marked a Key shifts for global financial markets, with a number of asset classes from financial stocks, emerging-market bonds to hard commodities staging sharp price swings in the space of just 3 weeks. Investors believe that the election […]
The Trump Rally Extends, DJIA and S&P 500 at Record Highs $DIA, $SPY, $QQQ, $VXX Wednesday, DJIA and the Standard & Poor’s 500 finished at record highs, the NAS Comp fell, dragged down by declines in big tech names. Trading was quiet ahead of the Thanksgiving Holiday weekend in the USA. Small-company stocks continued to […]
Big Investors Back Off Bonds Fueling This Bull Market $SPY US voters’ decision to elect Donald Trump US President may extend the life of this 7-year Bull Market in US stocks. That is the consensus of prominent investors attending this week’s Reuters Global Investment Outlook Summit. Expectations that Donald Trump will successfully engineer massive new […]
USD Charging North on Interest Rate Bets $DIA, $SPY, $QQQ, $VXX The US climbed to its highest level in about 14 years Vs a basket of peer currencies Friday, while US T-Bond yields were set for their biggest fortnightly rise in 13 years on bets US inflation and interest rates are headed North. A growing […]
Bonds Are in for a “Rough Ride”as Trump Rally Extends $DIA, $SPY, $QQQ, $VXX Bonds are in for a tough ride in 1-H of Y 2017 as U.S. President-elect Donald Trump’s plans to boost fiscal spending could stoke inflation around the globe. Experts now expect 3 interest rate hikes by the Fed by the end […]
US Stocks Finished Flat to Unchanged on High Volume $DIA, $SPY, $QQQ, $VXX US stocks came back from an early losses and finished flat to unchanged Monday. Technology companies like Apple (AAPL) and Microsoft (MSFT) saw big losses on fears about their overseas revenue, but bank stocks continued to rise along with bond yields. Technology […]
US Long Dated Treasuries Up Signaling Rising Inflation $SPY Donald Trump’s victory in the US Presidential race is driving mutual fund managers out of dividend stocks and into the shares of financial, industrial and materials companies that benefit from rising inflation. Although inflation remains subdued by most measures, US longer-dated Treasury yields rose Thursday to […]
The Week Ahead On Wall Street $DIS Tuesday is Election Day in the US, with early voting underway in many states. Earning season continues this week as 31 members of the S&P 500 are scheduled to report. Included is DJIA component The Walt Disney Company (NYSE:DIS) Thursday. Economic reports The week’s 1st economic reports will be […]
US Stocks on Losing Streak Ahead of Presidential Election $DIA, $SPY, $QQQ, $VXX US stocks fell for an 8th day running Thursday The US stock market is now on its longest losing streak since the depths of the Y 2008 financial crisis. The DJIA dropped 28.97 pts, or 0.2%, to 17,930.67. The Standard & Poor’s […]
The Week Ahead on Wall Street $JPM, $C, $WFC, $PNC, $AA The US stock exchanges were open Monday, Columbus Day, even though it is a federal holiday. The 1st official week of Q-3 earnings features 4 banks: DJIA component JPMorgan Chase & Co. (NYSE:JPM) and S&P 500 members Citigoup (NYSE:C), PNC Financial Services Group (NYSE:PNC) and Wells […]
QE to Infinity: Central Banking’s Manifest Destiny $GLD, $SLV, $GDX I’m not surprised; the week following my article illustrating why I believed the gold and silver miners are “historic buys at today’s prices”; gold, silver and their miners get whacked to their lows of the current, so far 8th week correction. But last week I also […]
Recession Indicator Triggered on Unemployment Up Tick $DIA, $SPY, $QQQ, $VXX September’s jobs report contained a sign that investors should be on alert for Recession in the US, and that means a stock market correction 1 of the Top 3 necessary Recession indicators is when the unemployment rate breaches its 12-Month MA. September NFPs (non-farm […]
Germany’s CEO’s Standing Behind Deutsche Bank (NYSE:DB) $DB The CEO’s of several German blue-chip companies have discussed Deutsche Bank’s (NYSE:DB) problems and are ready to offer a capital injection if needed to shore up Germany’s largest lender, newspaper Handelsblatt reported Thursday. The German newspaper said that under an emergency plan the participating companies would purchase […]
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 […]
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 […]
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 […]
Hillary’s Health Problems, a Stock Market “Landmine” Investors are nervous after Friday’s action, it was the worst selloff in 3 months for equity and debt markets, and another stress to ponder after concerns over Hillary Clinton’s health flared up Sunday. The Democratic presidential nominee, whose polling edge over Donald Trump has soothed traders who fear […]
Muni Bond Yields & Barron’s Confidence Index $DIA, $GLD, $SLV Finally, after two months the stock market saw a little excitement last Friday; the Dow Jones Industrial Average (DJIA) almost broke below 18,000 at the close. Two “policy makers” said FOMC “policy” isn’t market driven; that they may actually increase their Fed Funds Rate: twice […]
Jeffrey Gundlach, “This is a Big, Big Moment” Last Thursday DoubleLine Capital’s CIO Jeffrey Gundlach, 56 anni, said it is time for fixed-income investors to prepare for rising interest rates and higher inflation by reducing their positions, moving money into cash and protecting against volatility. “This is a Big, Big Moment,” Mr. Gundlach said during […]
Wall Street Review, Stocks and Bonds Dive $DIA, $SPY, $QQQ The S&P 500 spent the 1st 4 days of the week ranged in quiet trade, but Friday’s Wall Street sell off pressured the index below its 50-Day MA at 2164.0 for the 1st time since early July. The benchmark index lost 2.4% for the week, […]
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 […]
Global Economies have Stalled, Now where do Investors go with their Money? Global growth is weak, and will be eroded further by Brexit, Crude Oil prices are low, and falling, the he world has excess capacity and a wage-depressing labor surplus, corporate profits are shaky, and deflation is laying bare the impotence of central banks. […]
Investors A Recession Away from Total Destruction $FB, $SQ, $MSFT, $ABX TheBig Q’s: Would you like to: Make a bit of money most of the time, with a small chance of losing a lot? Lose a bit of money most of the time, with a small chance of making a lot? The Big A: Most […]
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 […]
Dubai Expo 2020 to Allocate $1.36-B of Contracts to SMEs Opportunities for SME participation extend beyond the physical expo site and six-month duration of the event, according to Expo 2020 Dubai has announced that 20% of direct and indirect spending on the Expo 2020 event will be allocated to small and medium enterprises. Under the […]
The Truth & Consequences of Breaking the $35oz Gold Peg $GLD, $SLV, $DIA, $SPY Since July 8th, the DJIA (Dow Jones) has seen only one day where it closed more than 1.50% from its last all-time high (Aug 2nd: -1.51%). Since then the Dow Jones has also seen 9 new all-time highs, 7 of them […]
But Those Were the Bad-Old Days, Things are Different Today $GLD, $SLV, $XAU Last Thursday, the DJIA made a new all-time high, its 8th since July 12th. Looking at the Dow Jones with its 52Wk High and Low lines below, we see its 52Wk High Line (Green plot) has been pushed above 18,500. And it’s not […]
World Bank to Issue SDR Bonds in China China’s central bank (PBOC) said Friday that it allowed a division of the World Bank (WB) to issue bonds denominated in special drawing rights (SDR) in the country’s interbank bond market. The International Bank for Reconstruction and Development was approved to issue bonds worth 2 billion SDR […]
Savvy Money Favors “Real” Assets $DIA, $SPY, $QQQ, $VXX Savvy money manager Bill Gross, 72 anni, says investors should favor real assets like Gold and real estate and avoid most stocks and bonds trading at inflated prices. “I do not like bonds; I do not like most stocks, I do not like private equity,” Mr. […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX A lot of economic data, earnings, and central bank moves are already in the market, but more data and earnings are coming out this week. Currently, there are important moves happening: bonds rallying, Gold and Silver rallying, USD falling, and leadership stocks holding up. So, […]
The Policy Maker’s Peculiar Institution $DIA, $GLD, $SLV Two weeks ago the Dow Jones made seven consecutive new all-time highs. Since then the market has been digesting these new BEV Zeros, with the Dow closing never more than 1.00% from its last all-time high. Are there more BEV Zeros to come? Could be, but I […]
Barron’s Gold Mining Index (BGMI): A 96 Year Study $GLD, $SLV What does “real money” mean to you? To many of my readers, I suspect real money would be gold and silver coinage backing the paper money in circulation. But to politicians and economists, it means something completely different: “A billion here, a billion there, and […]
Market Update: Brexit + One Week What a week for the DJIA, last Monday it closed almost 6.5% from its last all-time high. By Friday the Dow Jones Industrial Average recouped almost all of its losses taken after the Brexit vote over a week ago. Of course trading volume for the Dow Jones increased, as […]
When Dogs Evolved from Wolves Still a Mystery It is thought that modern dogs have 1 common ancestor: the Eurasian grey wolf, and that about 30,000 to 40,000 years ago a subspecies of wolf began interacting with humans, perhaps foraging for food around human campsites. Humans then learned the animals were valuable for companionship and […]
Brexit ‘Correction’ Signals Back to Basics of Prudent Investing $DIA, $SPY, $QQQ, $VXX The beginning for the long awaited correction in the US equity markets was fast and a shock to many participants, severe some called it. But it was just 3.4% for the S&P 500 which is now -0.3% YTD. Brexit was not the cause […]