Gold Price Technical Analysis: Buyers Bet on Fed Rate Cut

Gold Price Technical Analysis: Buyers Bet on Fed Rate Cut

$XAU, $GLD, $XAUUSD FLASH: Strong US economic growth and subdued inflation mean there is no strong argument for a rate hike or cut right now, though business confidence is fragile, a Fed policymaker said Wednesday. “There’s not a strong case to push rates higher when inflation is under control; there’s not a strong case to […]

Gold Price Forecast Balance of 2019

Gold Price Forecast Balance of 2019

$GLD, $SLV, $USD, $EURUSD After last Thursday’s action in the Gold market, I believe the precious Yellow metal markets are in a Key mark. The Big Q is whether or not the psych support mark at $1300 level will hold. If it does, then things will take care of themselves and will look towards at […]

Owning Gold Make a Lot of Sense in Here

Owning Gold Make a Lot of Sense in Here

$GLD, $SLV, $USD FLASH: The Dem’s Green New Deal is silly and not worth our attention. But it implies we can have anything we want if the Fed extends credit. FACT: The 2 biggest US stock market rallies happened when the budget deficit was disappearing or had disappeared. Calvin Coolidge led the US through most […]

Buy Gold, Bet on Tight Supply

Buy Gold, Bet on Tight Supply

$GLD, $SLV, $USD Gold’s supply/demand prospects have caught the eye of 1 billionaire. “For the 1st time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. “Supply is shrinking and that is going to have a positive impact on […]

US Home Mortgage Applications Mark 11-Month Highs

US Home Mortgage Applications Mark 11-Month Highs

The number of US consumers who applied for loans to buy a home and to refinance 1 rose to an 11-month high last week, signaling that the recent drop in interest rates is reviving housing activity, the Mortgage Bankers Association said in a report Wednesday. The Washington-based industry group’s seasonally adjusted gauge on mortgage applications increased 13.5% […]

Diamonds 2019: Industry Trends

Diamonds 2019: Industry Trends

Year 2018 will go down as the year when lab-grown diamonds, made for decades as an inexpensive alternative to mined stones for industrial purposes, cracked the consumer market, largely thanks to millennials’ evolving shopping tastes. The entry of new actors in the synthetic sector, particularly giant producer De Beers and its Lightbox brand, has created even […]

Commentary: Paul Ebeling on Wall Street

$DJIA,  $SPY, $QQQ, $RUTX, $XRT, $AMZN, $VXX The S&P 500 rallied 5.0% Wednesday from extremely oversold conditions Rebounding Crude Oil prices, strong holiday sales, and some short covering drover the S&P 500 to its best 1-day gainer since March 2009. The Dow Jones Industrial Average gained 5.0%, the NAS Comp gained 5.8%, and the Russell 2000 […]

How To Buy a Reliable Preowned Motorhome

How To Buy a Reliable Preowned  Motorhome

Traveling all over the country in your own home is one of the best variants of lifestyle you can have. Even if you are not a millionaire to buy a luxurious new motorhome, you can always find one on the market of used cars. However, as with any used vehicle, you should check it thoroughly […]

Volatile Markets are Opportunities for Savvy Participants

Volatile Markets are Opportunities for Savvy Participants

Volatile Markets are Opportunities for Savvy Participants $DIA, $SPY, $QQQ, $RUTX, $VXX Some investors get scared when the stock market falls, but there is always the other side of that action. When selling happens, stocks are on sale. The recent Southside action can provide opportunities that investors have not seen for a while. The Key […]

‘Black Friday’ Merging with ‘Cyber Monday’ for Record Sales

‘Black Friday’ Merging with ‘Cyber Monday’ for Record Sales

‘Black Friday’ Merging with ‘Cyber Monday’ for Record Sales The buying and selling pace that was set Thanksgiving Day carried over into Black Friday as consumers continued to open their wallets at a record-setting rate, according to the latest data. We learned that Friday evening that consumers had spent $4.1-B as of 8:00p ET, which […]

F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years”

F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years”

F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years” + The Maranello Outfit is buying back its shares in the market. $RACE Ferrari’s (NYSE:RACE) engineering Chief Jock Clear believes the Team has had its “strongest season for 10 years” in F1 during Y 2018. Although Ferrari emerged as a major threat to MercedesAMG in the […]

Gold Buying by Central Banks Hits Highest Mark in 3 Years

Gold Buying by Central Banks Hits Highest Mark in 3 Years

Gold Buying by Central Banks Hits Highest Mark in 3 Years $GLD Global demand for gold rose in Q-3 compared to the same period a year ago as resurgent buying from central banks and retail consumers balanced huge outflows from exchange traded funds, the World Gold Council said on Thursday. Demand totaled 964.3 tonnes, up […]

Savvy Investors Are Starting To Buy Gold

Savvy Investors Are Starting To Buy Gold

Savvy Investors Are Starting To Buy Gold $GLD, $SLV, $USD. $ABX, $GOLD, $FNV Savvy investors will start stocking up now on gold since roaring inflation is poised to soon ravage global economies, Barron’s reports. “Inflation is starting to pick up in the US and in much of the world as central banks shrink their enormous […]

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck

Looking at the Week: Gold Gains on the Weaker Buck $GLD, $SLV, $USD, $CNH Precious metals finished up Friday despite its dips during the week. Precious metals were up on Friday despite many taking dips earlier in the week. Plus we run through key stories in the space for the week. Both gold and silver prices finished up Friday, 14 […]

Savvy Investors Will View Any Market Correction as a Buying Opportunity

Savvy Investors Will View Any Market Correction as a Buying Opportunity

Savvy Investors Will View Any Market Correction as a Buying Opportunity $DIA, $SPY, $QQQ Always be careful and keep political analysis seperate from company analysis. With the midterm elections looming the chances are there could be some changes ahead. The President’s party tends to lose seats in mid-term elections, and with the GOP holding a […]

Bitcoin’s Key Resistance Stands at $10,000/each

Bitcoin’s Key Resistance Stands at $10,000/each

Bitcoin’s Key Resistance Stands at $10,000/each $BTCUSD After a strong 4 wk Bull Run which has seen the total value of all crypto coins spike 72% to $460-B. Bitcoin accounts for 36.1% of all coins is headed toward Key resistance at $10,000 and it’s 200-Day MA at $10,015, a closely watched technical gauge of momentum […]

People are Buying Bitcoin with Debit and Credit Cards

People are Buying Bitcoin with Debit and Credit Cards

People are Buying Bitcoin with Debit and Credit Cards $BTCUSD Some people afraid of missing out on the Bitcoin Bull Run has underfunded investors placing bets on credit. The data suggests that about 18% of Bitcoin investors used a credit card to fund purchases of the cryptocurrency, according to a survey of 672 active investors […]

Bigger Than ‘Black Friday’, Bitcoin Price Heads for $10,000

Bigger Than ‘Black Friday’, Bitcoin Price Heads for $10,000

Bigger Than ‘Black Friday’, Bitcoin Price Heads for $10,000 $BTCUSD, $GBTC, $CME, $CBOE There is something even bigger than Black Friday or Cyber Monday in our financial world, as cryptocurrency buying has the price of Bitcoin up over $9,400 this Sunday afternoon. I saw the price reach as high as $9,595.395 in a fast trading […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This is a big week for earnings, and last week earnings certainly aided the market action, as a lot of  stocks that were set to move make their breaks North There were some big names in chips, software, even drugs were positive, so let positions run, pick […]

Commentary: Paul Ebeling on Wall Street + DC Monday

Commentary: Paul Ebeling on Wall Street + DC Monday $DIA, $SPY, $QQQ, $VXX Big Deal…there was no market reaction to the Mueller story leaked to CNN Friday. Maybe Robert Mueller will be indicted, he was not. Paul Manafort and Rick Gates were, they surrendered voluntarily, were processed, arraigned, surrendered their passports, posted bonds, and when […]

Commentary: Paul Ebeling on Wall Street

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

Commentary: Paul Ebeling on Wall Street

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

Managed Money and Big Investors are Buying ‘FAANG’ Stocks

Managed Money and Big Investors are Buying ‘FAANG’ Stocks

Managed Money and Big Investors are Buying ‘FAANG’ Stocks $AAPL, $FB, $IBM, $QCOM, $GS Managed money and big investors, whose exposure to large-cap tech stocks boosted their returns during Q-1 of this year, are 2X’ing down on their investments even as stocks like Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB) dip. Fund managers such as T Rowe […]

Investing Wisdom from Some “Wizards of Wall Street”

Investing Wisdom from Some “Wizards of Wall Street”

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 […]

Commentary: Paul Ebeling on Buying Vintage & Classic Ferraris

Commentary: Paul Ebeling on Buying Vintage & Classic Ferraris

Commentary: Paul Ebeling on Buying Vintage & Classic Ferraris $RACE For the last 50 years+ that I have attended to Concours d’Elegance’s, Historic Racing events and Classic Car exhibitions I have seen the most beautiful beautiful cars, and now the passion for automotive masterpieces and the art that it represents is stronger than ever, especially […]

Gold & Inflation Moving Higher, Faster

Gold & Inflation Moving Higher, Faster

Gold & Inflation Moving Higher, Faster $GLD Investors are buying Gold by relying on simple investment-related mathematics Gold will follow inflation to much higher price marks, some say as high a 5,000 oz long term, I have called it at 2,500 in the mid to long term. “Gold is going up faster than the stock market,” […]

China’s Economic Recovery Spurs Luxury Buying

China’s Economic Recovery Spurs Luxury Buying

China’s Economic Recovery Spurs Luxury Buying $COH, $SWGAY, $LVMHF China’s recent recovery in luxury spending may boost sales of department-store operators and high-end retailers in the country, according to global ratings agency Fitch. Reports from international brands such as Coach (NYSE:COH), Swatch (OTCMKT:SWGAY) and LVMH (OTCMKT:LVMHF) suggest luxury spending in China is beginning to pick […]

Chicago Agriculture Commodities Finished Mixed

Chicago Agriculture Commodities Finished Mixed $CORN, $WEAT, $SOYB Chicago Board of Trade (CBOT) Corn extended some losses Wednesday, Wheat and Soybean finished higher on expectations of new demand for US agriculture products. The most active Corn contract for Jul delivery lost 3.25 cents, or 0.82%, to close at 3.93 bu. Jul Wheat delivery added 0.25 […]

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree

Obama Admin, Fed Laud Economic Growth, Consumers Disagree $DIA, $SPY, $QQQ, $VXX Consumer Confidence unexpectedly fell in May for a 2nd month as American consumers are less than enthusiastic about the current state of the economy, a report from the New York-based Conference Board showed Tuesday. The Conference Board’s Sentiment Index fell to 92.6 i […]

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wednesday, US stocks rallied on the back of Crude Oil’s strength, with the DJIA adding 145 pts to close at 17,851.51. The NAS Comp advanced 33 pts to end at 4,894.89, and the S&P added 0.70% to 2,090.54. Risk appetite on dominated markets from the start of […]