What Will the Attack on Saudi Crude Oil Facilities Mean for Consumers?

What Will the Attack on Saudi Crude Oil Facilities Mean for Consumers?

$DIA, $SPY, $QQQ, $RUTX, $OIL, $USO, $VXX Wall Street closed lower, Crude Oil prices spiked after attack in Saudi Arabia The attack knocked about 5.7-M BPD out of production, leading to the biggest 1-day gainer in WTI Crude Oil ($62.88/bbl, +$8.00, +14.6%) since Y 2008. Saudi Arabia expected to restore about 33% of lost production […]

Cash is King, Retail Investors Nervous Ahead of Summer

Cash is King, Retail Investors Nervous Ahead of Summer

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Cash is King for investors heading into Summer Increasing a cash buffer is typical during times of economic and geopolitical uncertainty. But data from global wealth managers show that stashing cash has continued at unusually high rates even as global stocks have rallied this year on conflicting signals […]

Fed Mins ‘Dovish’, No Interest Rate Increases This Year and Into 2020

Fed Mins ‘Dovish’, No Interest Rate Increases This Year and Into 2020

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The majority of Fed officials last month believed that economic conditions would likely warrant keeping its Dovish monetary policy unchanged for the rest of this year. Several officials said their view could shift in either direction based on incoming data, according to minutes of the meeting released Wednesday. Weaker growth […]

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

Stocks Saw Uneven Trade on Positive Earnings, Finish in the Green

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 gained 0.2%, Dow Jones Industrial Average (+0.7%) and the NAS Comp (+0.1%) experienced uneven post options expiry trading action finishing in the Green. The Russell 2000 (-0.2%) did, too, but it finished in the Red.  Most S&P 500 sectors finished higher with consumer staples (+1.2%) and utilities […]

China Signals Willingness to Eliminate Trade Imbalance with US

China Signals Willingness to Eliminate Trade Imbalance with US

$DIA, $SPY, $QQQ, $RUTX, $VXX INDUSTRY WATCH Strong: Industrials, Materials, Financials, Consumer Discretionary Weak: Utilities, Real Estate China’s willingness to eliminate the US trade imbalance. According to a report Friday, China made an offer during trade negotiations earlier this month to boost the amount of US imports, such that the trade balance with the US would be […]

Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence

Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence

Chinese Investors Sentiment is Very Weak, Conditions Abroad Have Little Influence $ALMMF, $CHL, $PTR Market sentiment is very weak. President Xi’s government is struggling to dispel such gloom and talk stock prices back up with promises of tax cuts, more bank lending and a media campaign. The benchmark Shanghai Composite Index sank 30% from January […]

US Stocks Indexes Paused, Dipped After Record Runs

US Stocks Indexes Paused, Dipped After Record Runs

US Stocks Indexes Paused, Dipped After Record Runs $DIA, $SPY, $QQQ, $RUTX, $VXX Stock indexes pulled back from record highs Thursday, as President Trump said he wants to impose tariffs on $200-B worth of Chinese goods next week. President Trump has not made his final decision regarding this new round of tariffs on China, the […]

Moody’s Rates US Credit “Top Notch” at Aaa

Moody’s Rates US Credit “Top Notch” at Aaa

Moody’s Rates US Credit “Top Notch” at Aaa $DIA, $SPY, $QQQ, $VXX This week Moody’s said that it has maintained the United States’ top-notch “Aaa” credit rating, saying the country’s “exceptional” economic strength would counterbalance lower fiscal strength. The ratings agency also kept its stable outlook on the United States and said it expects Washington to resolve […]

The US Stock Market Remains in Consolidation Mode

The US Stock Market Remains in Consolidation Mode

The US Stock Market Remains in Consolidation Mode $DIA, $SPY, $QQQ, $VXX, $USO The Bull has paused to refresh Fundamentals are Strong Interest rates are low Some pundits are saying that the world markets entered Y 2018 speculating that the most synchronized global economic expansion in a decade was going to get to Hot, but […]

Stocks Declined Globally as Expected, FB a Non-issue

Stocks Declined Globally as Expected, FB a Non-issue

Stocks Declined Globally as Expected, FB a Non-issue $DIA, $SPY, $QQQ, $VXX Monday, stocks declined globally as expected, as a technology selloff sent the NAS indexes South of their lofty highs. Government bonds pared losses, Sterling rose on a Brexit breakthrough. Reports of a Facebook Inc. (NASDAQ:FB) data breach and Apple Inc. (NASDAQ:AAPL) efforts to […]

US Economy Strong, Growing, as Financial Markets Consolidate Big Gains

US Economy Strong, Growing, as Financial Markets Consolidate Big Gains

US Economy Strong, Growing, as Financial Markets Consolidate Big Gains $VXX The nation’s economy is very strong, and the tax cut bill is energizing business, so the stock markets will be just fine despite the quick correction seen over the past 9 trading days. Savvy participants are cost averaging down and “buying the dip’ “Investment […]

DJIA +567.02 Pts After Testing Monday’s Lows

DJIA +567.02 Pts After Testing Monday’s Lows

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 […]

US Stock Indexes “Pause to Refresh” After Record Runs

US Stock Indexes “Pause to Refresh” After Record Runs

US Stock Indexes “Pause to Refresh” After Record Runs $DIA, $SPY, $QQQ, $VXX US stocks paused to refresh Monday as each of the major Wall Street indexes retreated from record highs  General Electric (NYSE:GE) down 6.3%, saw its biggest 1-day percentage decliner in more than 6 years after a host of brokerages cut their price […]

Gold is Forever, Not All Crypto Currencies Will Survive

Gold is Forever, Not All Crypto Currencies Will Survive

 Gold is Forever, Not All Crypto Currencies Will Survive $GLD, $BTCUSD. $AMZN, $GOOGL, $JPM Not all of the Crypto currencies will survive, it is still early in this game. As in the .Com era there were winners and losers then, will there be winners and losers now. Bitcoin and Ethereum are the front-runners now, recall that […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Early Briefing, World Stock Markets The Inauguration of Donald Trump as the US President kept the DJIA at 19827.25, 0.48% in the Green but the range of 19700-18000 remained intact. Similarly, DAX at 11630.13, +0.29% stayed in its 5-week range of 11400-700 for another session. […]