F1: Ferrari (NYSE:RACE) Wins the Season Opener ‘Down Under’ $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel took advantage of a virtual safety car to win the 2018 F1 Australian Grand Prix for his 3rd win down under. Mr. Vettel beat defending world champion Lewis Hamilton to the Chequered Flag, taking the lead after the 2 Haas cars retired bringing […]
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 […]
F1: Pre-season Testing Finished, Ferrari (NYSE:RACE) Fastest $RACE Ferrari (NYSE:RACE) ended F1 pre-season testing with the fastest times over the 8 days at the Circuit de Barcelona-Catalunya. Kimi Raikkonen’s lap of 1 min, 17.221 secs Friday came within 0.039 sec of the track record set by Ferrari teammate Sebastian Vettel Thursday. Both times were set […]
F1: Testing Resumes, Ferrari’s Vettel Fastest on the Day $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel got off to a good start as the final week of F1 testing began Tuesday, setting the fastest time and running the most laps at the Circuit de Catalunya-Barcelona on the day Mr. Vettel showed Ferrari’s strength by finishing the day […]
USD & Gold: The Bulls Vs The Bears $USD, $EUR, $GLD The notion of repeated cycles is timeless, it is how the ancient people perceived time: not as linear sequence of events, but as replaying patterns of Dark and Golden Ages. Those of us that Chart the Market view it as struggle between The Bulls and The […]
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 […]
Technically the Stock Market’s Volatility Looks Short Term $DIA, $SPY, $QQQ, $VXX US equities reclaimed some losses for the week Friday in another volatile trading session. The S&P 500 gained 1.5% The DJIA gained 1.4% The NAS Comp gained 1.4% The Russell 2000 gained 1.0%. The S&P 500 covered a wide range of about 105 […]
DJIA +567.02 Pts After Testing Monday’s Lows $DIA, $SPY, $QQQ, $VXX The major US indexes surged Tuesday afternoon after testing to Monday’s lows. The sharp swings come 1 day after the steepest point fall on Wall Street in 6.5 years. Some are saying that investors are fearful that signs of rising inflation and higher interest […]
The Trump Bull Market Extends, Wall Street at Record Highs $DIA, $SPY, $QQQ, $VXX Buy the dip mentality kicked in Thursday following the 1st dip of the year Wednesday; small caps, transports lead Bull Charge The Wall Street Bulls drove stocks to new highs Thursday as rising Crude Oil prices lifted energy stocks and upbeat […]
The Trump Bull Market Extends into the New Year $DIA, $SPY, $QQQ, $VXX Donald Trump was elected President on 8 November 2016, since that day the DJIA has risen by some 35%, making the last 14 months 1 of the greatest Bull Market runs in history. Some $6-T of wealth has been created for Americans. […]
Bear Market Volatility, 200 Day Count in this Bull Market $DIA, $VXX, $GLD Anything I say this week may appear foolish this Friday. Unless something big happens, this is my last article for 2017. I plan to submit my next for the weekend of January 13-14. I do not expect my readers will be missing […]
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, […]
F1: Abu Dhabi Grand Prix, Valtteri Bottas on the Pole $RACE MercedesAMG’s Valtteri Bottas will start the final race of the 2017 F1 season on the Pole position after posting the quickest time in Qualifying Saturday in Abu Dhabi on the Yas Marina circuit Mr. Bottas will line up on the front row alongside MercedesAMG […]
F1: Abu Dhabi Grand Prix, Expect a Duel Between Vettel and Hamilton $RACE Ferrari (NYSE:RACE) and MercedesAMG are expecting this last race of Y 2017 to be very close. Ferrari, MercedesAMG and Red Bull Racing have each won 1 of the last 3 races and the early signs from Abu Dhabi are that the fight […]
Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000 $BTCUSD Bitcoin’s Bull Run shows no signs of abating, with the world’s largest cryptocurrency defying fears marking another milestone. Bitcoin is trading at $8,224.9951, + 202.06 or 2.52% It has been a strong year for the largest cryptocurrency, with 3 corrections of more than 25%, all giving […]
F1: Ferrari (NYSE:RACE) Back on Top after Brazil GP Victory $RACE Sebastian Vettel’s 5th victory of the year brought some cheer to Ferrari (NYSE:RACE) who had seen their championship hopes dashed in the races since the Summer break. No driver has beaten a MercedesAMG rival in the championship since the V6 hybrid turbo era began […]
Amazon (NASDAQ:AMZN) a $1-T Company Within Year $DIA, $SPY, $QQQ, $VXX, $AMZN Morgan Stanley (NYSE:MS) says it believes online giant Amazon.com Inc. may reach a 2,000/share price in the next 12 months. “Amazon’s high margin aka revenue disclosure speaks to the $1-T (2,000/share) sum of parts Bull case.” Morgan Stanley reiterated its overweight rating for […]
F1: Brazilian Grand Prix, Valtteri Bottas ‘On the Pole’ $RACE Round 19 of the 2017 F1 World Championship takes us this weekend to the Autódromo José Carlos Pace in Sao Paolo, Brazil. And although the championship has been decided this year, the Brazilian Grand Prix is a race that should not be missed. Valtteri Bottas will start this Grand […]
F1: Brazilian Grand Prix 2017 Times from Friday’s Practice $RACE Friday, world champion Lewis Hamilton topped the timesheets in FP1 ahead of the 2017 Brazilian F1 Grand Prix, as he set a time of 1min, 9.202sec at Interlagos in Sao Paulo. His MercedesAMG team-mate, Valtteri Bottas was a close 2nd just 0.127 seconds behind, while Ferrari’s (NYSE:RACE) […]
F1: 2017 Brazilian Grand Prix Ferrari Preview $RACE Driver Lewis Hamilton and MercedesAMG captured both F1 titles for Y 2017, the final 2 races of the year are yet to run, as attention turns to next season. Lewis Hamilton will be eager to avoid making any mistakes now, particularly with stiffer competition in the form […]
Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin” $BTCUSD, $GS, $JPM, $CME, $GBTC, $AMZN Goldman Sach’s CEO Lloyd Blankfein is keeping his ‘powder dry’ on Bitcoin the fast moving #1 cryptocurrency. The Goldman Sachs Group Inc. (NYSE:GS) Chief says he is not willing to reject the digital currency just yet and does not hold any investments in […]
F1: Ferrari (NYSE:RACE) Settles on Tire Compounds for Brazil GP $RACE Formula 1’s top teams diverged slightly in their tire selections for the upcoming Brazilian Grand Prix, as the grid as a whole overwhelmingly favored softer compounds. Ferrari has settled on 9 sets of super-softs and 3 sets of softs for drivers Kimi Raikkonen and […]
F1: US Grand Prix, a Double Podium for Ferrari $RACE Hamilton 1st, Vettel 2nd, Kimi to 3rd Ferrari team drivers, Sebastian Vettel and Kimi Raikkonen, finished 2nd and 3d at the Circuit of the Americas aka COTA, at the end of an super action packed race where we saw lots of dramatic moments. The last […]
The $64-T Question, How Long Can This Bull Market Run $DIA, $GLD, $SLV, $VXX This week the DJIA a made a new all-time high, the 68th of the year, and in this Trump Rally there is no indication of a market correction to be seen on the horizon in the Dow Jones’ BEV chart below. The Dow […]
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, […]
F1: Ferrari’s (NYSE:RACE) CEO Marchionne Bullish Vettel $RACE Time is running down for Ferrari (NYSE:RACE) and Sebastian Vettel, but CEO Sergio Marchionne says Lewis Hamilton can be caught. Sebastian Vettel is not out of the F1 driver’s chanpionship race despite Ferrari’s mechanical issues, and The Scuderia’s car is on par with MercedesAMG’s, says company CEO […]
F1: Japanese Grand Prix, Lewis Hamilton the Winner $RACE MercedesAMG’s Lewis Hamilton is a race away from the 2017 drivers Championship and his 4th title after taking the Chequered Flag Sunday at Suzuka. Ferrari’s (NYSE:RACE) Sebastian Vettel failed to finish. Starting on The Pole, Mr. Hamilton was always in control of the race despite some […]
F1: Japanese Grand Prix, Results, Times Friday’s Practice $RACE In the day’s 1st practice session, mainly run in the dry, Ferrari’s (NYSE:RACE) Sebastian Vettel edged Mr. Hamilton into 2nd with a lap of 1:29.166, while Red Bull Racing’s Daniel Ricciardo placed 3rd. MercedesAMG’s Lewis Hamilton topped the time-sheet in the rain during FP2 or the 2017 […]
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 […]
No Bear Market or Recession Seen Until at Least 2019 $DIA, $SPY, $QQQ, $VXX Savvy investors are being urges to ignore any pundits’ Doom-and-Gloom predictions, as the indicators say, “clear sailing for the next year or so”. “My belief is that we’re not going to see a bear market or a recession until at least […]
F1: Experts See Ferrari’s (NYSE:RACE) Vettel as 2017 Champion $RACE Red Bull motorsport advisor Helmut Marko sees his prodigy Sebastian Vettel to win a 5th world championship in Y 2017. Ferrari’s (NYSE:RACE) Sebastian Vettel leads MercedesAMG’s Lewis Hamilton by 14 points at the Summer break and has led the championship all season, the 1st time […]
A Study in Bear Markets Years 1900 to 2017 $DIA, $SPY, $QQQ, $GLD, $SLV Last week was not all Wine & Roses, this week is better Last Monday closed with the DJIA at a new all-time high, but it was downhill for the rest of the week. And the week the NYSE began producing more […]
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 […]
F1: Ferraris (NYSE:RACE) Finished 1-2 at Hungarian GP $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel drove to victory Sunday at the Hungarian Grand Prix, extending his advantage at the Top of the F1 driver standings. Mr. Vettel led from the opening lap at the Hungaroring despite, keeping a safe distance from team-mate Kimi Raikkonen. MercedesAMG’s Valtteri Bottas […]
F1: Austrian Grand Prix, Bottas Wins, Ferrari’s Vettel Comes 2nd $RACE MercedesAMG’s Valtteri Bottas posted his victory from the Pole position Sunday Ferrari’s Sebastian Vettel came 2nd Red Bull’s Daniel Ricciardo came in 3rd Lewis Hamilton had to settle for 4th-place Valtteri Bottas marked the 2nd win of his career with a strong performance at the […]
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 […]
A Falling Stock Market, A Easing USD: That Brings Us Back to Gold $GLD, $SLV, $ABX, $GG, $EXCFF, $WPM As the USD falls from the Fed’s continuation of loose money policies, it will lift up Gold prices to unprecedented highs. Plus, recessions are a great environment for Gold During the last 2 recessions, Gold prices […]
US Stock Market Update + Gold & Silver $DIA, $GLD, $SLV, $OIL As expected, the DJIA saw 2 new all-time highs last week on Thursday and Friday. The Big Q: How much higher can the stock market go? The Big A: On a point basis I really don’t know, could be enough to surprise me. […]
The Technical’s Stand Out in This Bull Market $DIA, $SPY, $QQQ, $VXX This, the strongest earnings season since Y 2011, is coming to a close, and with the S&P 500 and NAS Comp and DJIA at or near record highs, the biggest concern for some market analysts is why there is so little concern up […]
Investing Wisdom from Some “Wizards of Wall Street” Throughout history, investors have repeatedly made the same investment mistakes. Whether it was selling at the bottom of major market corrections, or buying near the peaks of the next cyclical Bull market, the results have, for the most part, been generally the same. When you run out […]
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 […]
Contrarians See Trump Calmed S&P 500 VIX as Sell Signal $SPY, $VXX American investors are projecting that The Trump Administration will be the catalyst to boost corporate earnings going forward. They are betting that they are right. “Given the intensity of the political ferment in our country, the Zen-like calm of stock market investors is […]
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 […]
The Trump Bull Market is Charging, Money Flowing Into Stocks $DIA Friday at the close we saw 11 consecutive gainers in the DJIA including a 20% surge in futures from the early hours of 9 November that is being framed as the President’s own Bull Market. The 120-year-old Dow measure has set a record on […]
The Trump Rally Stays, DJIA Posts 11th Straight Record-High Close $DIA, $SPY, $QQQ, $VXX Wall Street finished higher again Friday, with the DJIA extending its streak of record-setting gains to 11 days running, as increases in utilities and other safety plays outweighed declines in financials. Major Wall Street indexes have rallied to record levels since […]
Why Buy This Bull Market or Not Buy It $SPY Below are some of the reasons given as to why investors should “Buy” this Bull Market, as follows: 1. Investor Confidence Is Soaring There is little doubt that since the election both investor and consumer confidence has soared. In fact, confidence (soft data) has become […]
The Dow Jones Industrial Average Index (DJIA) an Amazing Machine $DIA, $GLD, $SLV Since November 10th the stock market has become an amazing machine relentlessly advancing ever upward. In the past sixty eight NYSE trading sessions the Dow Jones has closed at a new all-time high in twenty six of them. That’s 38% of the trading days […]
The Stock Market Likes President Donald Trump $DIA, $SPY, $QQQ The US stock market has risen about 9% since the election of Donald Trump as US President, with an increase in wealth of nearly $2-T. The Big Q: Is this the start of a big Bull Market rally? Investors are euphoric over President Trump’s pro-business/pro-investor […]
Exclusive Interview With founding CEO of Metalla Royalty & Streaming, LLC $EXCFF $GG Tuesday, I sat down with Brett Heath, the founding President/Director of Metalla Royalty & Streaming, LLC (OTCMKT:EXCFF) to discuss the importance and benefits of his new enterprise to the industry, community and stakeholders in the world of precious metals mining, funding and production, […]
A Look at the US National Debt $DIA, $GLD, $SLV The Dow Jones is currently at historic levels, but will history record that it broke above 20,000 sometime in 2017? It certainly should. Note: that stack next to the Statue of Liberty in the picture above is $100 bills. The table below gives the Dow Jones’ […]
US Market Entering the 9th Year of this Bull Market $DIA, $SPY, $QQQ, $VXX Valuation is not a great tool for market timing, as equity cycles can run longer that people think, and selling just because PE/R’ are high has repeatedly proven a mistake. Consider the S&P 500, which as of now has spent 42 […]
I Still Do Not Like the US Stock Market $DIA, $GLD, $SLV Since the November election, the stock market has become an amazing thing. How amazing? The election was 26 trading days ago. The DJIA closed at new all-time highs on sixteen of them, with the last Tuesday of this week. The launching of the […]
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 […]
Gold Miners, the Clam before the Calm before the Storm. $GLD, $SLV, $NUGT, $DB The sooner the US Presidential election is over the better for all of us as the uncertainty will have been removed and we can get back to business as usual. Whatever the result both candidates are big spenders and so we […]
Market Update for the 2nd Week of October $DIA, $SPY, $GLD, $SLV, $GDX The box in the BEV chart below contains the Dow Jones since the first week of September. With the presidential election so near, it’s not surprising the market hasn’t done much of anything as our “regulated” markets are being managed for the […]
The Leadership is Bouncing Around, Uncertainty Abounds $SPY, $JPM, $C At 1st glance, the US stock market in Y 2016 is nothing like it was last year, when Winners kept winning and gainers were concentrated in a handful of leadership stocks. But, now the leadership keeps bouncing around. Since January, the S&P 500 Index’s strongest […]
Whomever it is, the Next US President Faced Recession & a Bear Market $DIA, $SPY, $QQQ, $VXX For investors, it does not matter who wins the the US Presidential race, a recession looms and Bear Market in stocks is therefore a certainty. Today we are in the 2nd longest Bull Market in history, as we […]
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 […]
Hedge Funds Exit Bull Bets on Crude Oil $OIL, $USO Hedge funds’ net Long position in Crude Oil has fallen by nearly 100-M bbls over the last 2 weeks Hedge funds tempered their Bullishness towards the petroleum complex during the 1st week of September, according to positioning data from regulators and exchanges. Hedge funds and […]
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 […]
Mr Bear & Dow Jones Dividends, Not for the Faint of Heart $DIA, $SPY, $QQQ, $VXX Looking at market history via the Bear’s Eye View (BEV) plot provides a unique insight into the past. When plotted in dollars; monetary inflation makes nonsense of market data spanning decades. A BEV view of the market, where each new […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings are for the most part over, Jackson Hole is past, but expect more Fed “Jawboning” on interest rates this week: somme Hawkish and some Dovish December’s CME odds have moved to 63.7% from 51.7%. The USD rallied, bonds sold, Gold seeing some pressure. Market may […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Earnings are for the most part over. This market has leadership, and this market has headwinds including the time of year and the number of Wall Street’s big names turning Bearish, the Dog Days of August. It is historically tough for the market to make […]
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 […]
Always take what the Market gives, “The Trend is Your Friend” $PG, $T, $KO, $MMM, $GLD, $SLV The world’s central bankers have declared a “War on Cash” to punish savers and reward speculators and in the process destroy the middle class. The only way to maintain the illusion that all is well is to get […]
US Stock Market Update for Early August $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV, $XAU The last all-time high for the DJIA (BEV Zero in the chart below) was a few weeks ago on July 20th. As per the table on the chart, the Dow Jones ended the week not far from making another. It could […]
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 […]
Saudi Arabia and Iran’s Crude Oil Price War $OIL The price of Crude Oil has stabilized around the Key level of 50 bbl, which is the OPEC target for the end of Y 2016. Disruptions of production in several countries, including Libya, Nigeria and Venezuela, and the anticipated higher Summer demand in the United States […]
I am a Gold & Silver Bull and a Growling Stock Bear $GLD, $SLV, $NUGT, $DIA, $SPY Nothing much happened in the stock market last week. The DJIA stayed close to its BEV -2.5% line for the past six days. Though there were a couple of days that saw the venerable index declined into the […]
Gold and Silver in a Stock Market Correction $DIA, $GLD, $SLV When I last published this Bear’s Eye View of the DJIA a few weeks ago it appeared the US benchmark index would be making a new all-time high sometime in early May. On April 20th it was only 1.18% from last May’s BEV Zero, […]
