Signs Point to Weak NFPs Report, We Wait, We See…

Signs Point to Weak NFPs Report, We Wait, We See…

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks recover from oversold condition, soft data boosts rate-cut expectations. The recent ADP job numbers suggest that employers are either having difficulty filling positions, are hiring fewer people due to weaker demand, or both. The lowest manufacturing jobs gauge since Y 2016. Slower private hiring. A sharp drop in […]

US Stocks Decline for a 2nd Day Running, EU Tariffs Loom

US Stocks Decline for a 2nd Day Running, EU Tariffs Loom

$DIA, $SPY, $QQQ, $RUTX, $ESDAY, $VXX Wednesday’s US economic data included the ADP Employment Change report for September and the weekly MBA Mortgage Applications Index. The takeaways are as follows: Private-sector payrolls were estimated to have increased by 135,000 in September (consensus 150-K) while the prior month’s print was revised down to 157-K from 195,000. Private-sector […]

US Stocks Advanced for 3rd Quarter Running

US Stocks Advanced for 3rd Quarter Running

$DIA, $SPY, $QQQ, $RUTX, $USD, $USO, $GLD, $XAU, $VXX US stocks advanced for the 3rd Quarter running, as investors weighed the latest turns in the trade dispute between the world’s 2 largest economies. The USD rose and Treasuries moved higher. Tech drove the rise after The Trump Administration partially refuted a report it would target […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX Investing in this market successfully requires the creation of an investing strategy that outperforms the broader market. Consider, Factor Investing, it is not new, dating to the mid-1970’s, and has been boosted over the past few years from the acceptance of ETFs. Now, there is over $900-B invested in […]

President Trump Could Delist Chinese Companies From US Markets

President Trump Could Delist Chinese Companies From US Markets

$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, US financial markets suffered a trade-related happening on concern The Trump Administration may move to limit US investment in China, a move sure to raise tensions. The S&P 500 turned lower after it was reported that officials are discussing ways to restrict portfolio flows into the world’s 2nd-largest economy. […]

Understanding This Market Into the Q’s End

Understanding This Market Into the Q’s End

$DIA, $SPY, $QQQ, $RUTX, $VXX At the close: DJIA -142.22 at 26807.77, NAS Comp -118.84 at 7993.62, S&P 500 -25.18 at 2966.64 US stocks fell Tuesday, as investors shunned risk following a decline in consumer confidence, and a hard-lined speech from President Trump. The S&P 500 (-0.8%) and DJIA (-0.5%) declined less than 1%, while the NAS Composite (-1.5%) and Russell […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $GLD, $VXX SPECIAL REPORT: The Future of this Rally, what is Next? Thee DJIA futures are up a bit Sunday night, along with S&P 500 futures and NAS Comp futures. This stock market rally has stood negative headlines, but is not yet making a final push to record highs. Arguably, this […]

President Trump Has “Muscled” the Stock Market Away from the Fed

President Trump Has “Muscled” the Stock Market Away from the Fed

$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX This week the Fed cut interest rates for the 2nd time since the Great Recession, and found its hands full with another event with potentially catastrophic implications for the economy. In short, liquidity in the repo markets, a critical cog in the financial system machine seized Tuesday. In response, […]

Gold’s Market Price Hanging in Place

Gold’s Market Price Hanging in Place

$XAU $GLD Gold markets traded back and forth during the session Tuesday hanging about the $1500 mark the bottom of the consolidation range, as the 50-Day EMA is there where buyers are clustered. Gold Technical Analysis Video 18.09.19 That does not mean a direct move North right away, but rather there is interest in this market, […]

Ferrari’s (NYSE:RACE) New FUV Will Be a Real Sports Utility Vehicle

Ferrari’s (NYSE:RACE) New FUV Will Be a Real Sports Utility Vehicle

$RACE Ferrari’s (NYSE:RACE) upcoming SUV will stand out in increasingly crowded segment. Ferrari’s highly controversial SUV is well on its way to production. The Purosangue will not be the firm’s 1st 4-seater, its history is full 2+2s. But it will be the 1st high-riding model with the Prancing Horse emblem on its nose. Conquering this territory is […]

People are Asking: “Why are Russian & Chinese Central Banks Buying Gold?”

People are Asking: “Why are Russian & Chinese Central Banks Buying Gold?”

$XAU, $GLD, $USD, $EUR Russia’s central bank gold reserves are now valued at more than $100-B Emerging markets have been adding gold holdings regardless the prices are near their highest marks in more than 6 years, as countries such as Russia and China diversify their Fx reserves, this is a trend that is likely to […]

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 […]

Ferrari’s (NYSE:RACE) New F8 Tributo Spider

Ferrari’s (NYSE:RACE) New F8 Tributo Spider

$RACE Ferrari (NYSE:RACE) has introduced several new vehicles in the past 12 months. The Icona cars based on the 812 Superfast, F8 Tributo Berlinetta, SF90 Stradale gas-electric hybrid, and now is the perfect time to introduce not 1, but 2 spiders, the most romantic of all sports car designs. 1st, the central pillar of the […]

Ferrari’s (NYSE:RACE) FUV Purosangue in 2022?

Ferrari’s (NYSE:RACE) FUV Purosangue in 2022?

$RACE I have been talking and writing about the coming Ferrari UV for that last 3+ years, before it even had a name and it is still 3 yrs years away from production say in Y 2022. The Maranello Outfit’s 1st-ever FUV now officially has a name: Purosangue meaning “pureblood” or “thoroughbred” in Italian. It […]

The Market is Asking, “How low can the Fed go”?

The Market is Asking, “How low can the Fed go”?

$DIA, $SPY, $QQQ, $RUTX, $VXX With US-China trade tensions having roiled financial markets, investors are counting on support for stocks coming from a Fed willing to keep cutting interest rates to help the US economy avoid a severe downturn. A 1/4th pt rate reduction is expected when the FOMC issues its next policy statement this […]

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

American Voters See President Trump Has Taken Charge of the Economy, Having Effectively Sidelined the Fed

Attention: Now what really matters is just what the President does and is going to do. President Trump blames the Fed for a slowing US economy, some blame it on him. A survey conducted with YouGov showed 28% of American adults believe the President in general is most responsible for the economy. That surpasses the […]

Ferrari (NYSE:RACE) Emissions, Sound Regulations Are Threatening the V12

Ferrari (NYSE:RACE) Emissions, Sound Regulations Are Threatening the V12

$RACE Ferrari (NYSE:RACE) say the V12 could be in trouble. In an interview recently Ferrari Chief Technology Officer Michael Leiters said tightening emission regulations and new sound rules are making life difficult for the 12-cylinder engine. However, he says, the company is not abandoning the iconic powertrain yet even though the company is already packing smaller twin-turbo […]

Ferrari’s (NYSE:RACE) New 812 GTS, a V12 Supercar for ‘the People’

Ferrari’s (NYSE:RACE) New 812 GTS, a V12 Supercar for ‘the People’

$RACE The Key phrase in Ferrari’s 812 GTS debut announcement is ‘series production’ The words are important when it comes to the new drop-top front-engine V12 Ferrari, as in the recent past, Ferrari has been quick to put a cap on the number of such Supercars it would produce (-1), but that is now changed. The […]

Ferrari (NYSE:RACE) Launched its 2 New Spiders at Maranello, Shunning Frankfurt

Ferrari (NYSE:RACE) Launched its 2 New Spiders at Maranello, Shunning Frankfurt

$RACE Ferrari (NYSE:RACE) joined other high-end automakers including Aston Martin, Bentley and Rolls-Royce in skipping this year’s Frankfurt auto show, despite launching 2 new models on the eve of the event. Ferrari chose to launch the F8 spider and 812 GTS in Maranello, Italy, despite the opportunity of an ideal venue in Germany, Europe’s biggest […]

Ferrari (NYSE:RACE) the Aristocrat of the Automotive Sector, ‘Buy on the Dip’

Ferrari (NYSE:RACE) the Aristocrat of the Automotive Sector, ‘Buy on the Dip’

$RACE Ferrari (NYSE:RACE) shares dropped 6% to the bottom of the FTSE MIB index, with investors booking profits after the Supercar maker unveiled 2 new cars Monday at Frankfurt, the stock is up 59% YTD. With a market capitalization of $37-B, Ferrari (NYSE:RACE) is similarly sized to Ford but about 50% the size of GM, and it […]

Ferrari (NYSE:RACE) Unveiled the 812 GTS, 1st 12Cyl Convertible in Decades

Ferrari (NYSE:RACE) Unveiled the 812 GTS, 1st 12Cyl Convertible in Decades

$RACE The lore is: “I married the 12-cylinder engine and I never divorced it,” once noted Enzo Ferrari. And despite Enzo’s passing away more than 31 years ago, that love affair at Maranello continues, as evidenced by Monday morning’s debut of the Ferrari 812 GTS at the marque’s test track at Fiorano Modenese, Italy. The new convertible is the […]

US Consumer Inflation Expectations Mark New Low

US Consumer Inflation Expectations Mark New Low

$DIA, $SPY, $QQQ, $RUTX, $VXX Monday, the S&P 500 closed unchanged, as energy, financials outperformed US consumers’ inflation expectations declined in August and workers grew more pessimistic about their job situation, data from the New York Federal Reserve showed Monday, supporting the case for further interest rate cuts. The New York Fed’s monthly survey of consumer […]

The US Labor Market is Booming, Economic Expansion Longest on Record

The US Labor Market is Booming, Economic Expansion Longest on Record

This tight US labor market is manifesting a booming demand in industries with an abundance of female workers is drawing more women back into the workforce, helping to shrink the longstanding gap in the labor participation rate between men and women to the narrowest on record a report showed Friday. Other parts of a report […]

Wall Street Bulls Are Back in Rally Mode

Wall Street Bulls Are Back in Rally Mode

$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday, US stocks spiked on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks in early October, while at the same time strong US economic data eased fears of a domestic slowdown. The ADP National Employment Report, considered a precursor to the Labor […]

Box Office: ‘Angel Has Fallen’ Tops Labor Day With $15-M, Caps the Summer

Box Office: ‘Angel Has Fallen’ Tops Labor Day With $15-M, Caps the Summer

$LGF, $DIS, $SNE, Angel Has Fallen won the long Labor Day weekend with an estimated $15-M for the 4-day holiday as Summer 2019 closed 2% behind last year. Summer revenue came in at $4.3-B, down 2% from last year, according to Comscore, and YTD is down 6%. Disney (NYSE:DIS) commanded well more than 40% of […]

Discover Japan, Eat Sushi for Breakfast

Discover Japan, Eat Sushi for Breakfast

Glimpse a fading cultural icon in Kyoto’s Gion neighborhood If Japan has a face, it’s to be found in this small district directly adjacent to Yasaka Shrine, for it’s here that the geisha, or geiko, as they are known in Kyoto live and work. Contrary to popular belief, geiko are not prostitutes. Yes, many of […]

Wall Street Finished Mixed with a Bullish Bias Ahead of this Long Weekend

Wall Street Finished Mixed with a Bullish Bias Ahead of this Long Weekend

$DIA, #SPY,, $QQQ, $RUTX, $VXX Wall Street posted mixed results on Friday on month end re-balancing ahead of a holiday weekend in which a fresh round of US tariffs on Chinese imports were set for levy. The DJIA .DJI rose 37.4 pts, or 0.14%, to 26,399.65, the S&P 500 .SPX gained 1.45 pts, or 0.05%, to 2,926.03 and the […]

President Trump, “We Have a Fed Problem”

President Trump, “We Have a Fed Problem”

Again Friday, President Trump hammered the Fed in 3 Tweets; declaring in 1 that the US economy does not “have a tariff problem, we have a Fed problem.” “The Euro is dropping against the dollar ‘like crazy,’ giving them a big export and manufacturing advantage … and the Fed does NOTHING!” President Trump said in 1 […]

DJIA +258 pts on No Market Moving News

DJIA +258 pts on No Market Moving News

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks finished on the highs Wednesday in a broad-based advance. The S&P 500 increased 0.7%, overcoming a negative start that was attributed to declining Treasury yields and finished near session highs.  The DJIA increased 1.0%, the NAS Comp increased 0.4%, and the Russell 2000 finished +1.2%.  Wednesday’s session did […]

Wall Street Shares Dipped Tuesday, Gold Rallies on Recession Fear

Wall Street Shares Dipped Tuesday, Gold Rallies on Recession Fear

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street dipped Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised recession worries again, and uncertainty over the progress in trade negotiations between the United States and China. A deepening of the inversion in the yield curve between the 2-year and 10-year […]

President Trump Notes Positive Movement in China Trade Dispute, Market Responds

President Trump Notes Positive Movement in China Trade Dispute, Market Responds

$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street began this week on higher note following President Trump’s trade comments Monday, President Trump scaled back a US-China trade dispute declared that the 2 sides will begin serious negotiations soon. President Trump said his trade negotiators had received 2 “very good calls” from China Sunday. “I think we’re […]

The Trump Moves are Working, the Charts Confirms It

The Trump Moves are  Working, the Charts Confirms It

Lots of investors have overlooked the story about the stock market and President Trump’s policy on the trade dispute with China dispute, some are calling it a war, I am calling Super Business Dealings Here we explore the issue with the help of this chart, you have to click for it as it is content […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX Recession Special Report Bank of America’s (NYSE:BAC) CEO has just 1 reason why he does not see a recession looming. Mr. Moynihan says the “US consumer continues to spend and that will keep the US economy in good shape.” “But what is going to make that happen is the underling […]

President Trump Ups the Stakes in the China Trade Dispute

President Trump Ups the Stakes in the China Trade Dispute

$DIA, $SPY, $QQQ, $RUTX, $VXX Just In: President Trump says $250-B of Chinese goods now under 25% tariff will be subject to 30% tariff starting on 1 October, expect more… “I will be responding to China’s Tariffs this afternoon. This is a GREAT opportunity for the United States,” President Trump Tweeted Friday Wall Street turned […]

Added China Tariffs No Worry for Stock Market

Added China Tariffs No Worry for Stock Market

$SPY China’s announcement that it will impose new tariffs on $75-B worth of US goods is not something that should worry the stock market, but the announcement will boost support for President Trump, White House trade adviser Peter Navarro said Friday.  “I think the risk here for China when it does things like this is simply to […]

Chairman Powell Challenged at Jackson Hole

Chairman Powell Challenged at Jackson Hole

Fed Chairman Powell comes to this year’s meeting of central bankers in Jackson Hole, WY, wedged between discord within the FOMC over appropriate monetary policy and mounting market pressure for more interest rate cuts. In navigating that gap, Chairman Powell is unlikely to use his Keynote speech Friday at the Kansas City Fed’s annual economic […]

Gold’s Long Term Prospect Is “Up, Up, Up”

Gold’s Long Term Prospect Is “Up, Up, Up”

$GLD, $XAU, $BTC, $USD Investment guru, Mark Mobius, gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. “Gold’s long-term prospect is up, up and up, and the reason why […]

Capital ‘Flying’ from Hong Kong

Capital ‘Flying’ from Hong Kong

$USD $HKD Residents of Hong Kong are swapping their Hong Kong dollars for other currencies as political unrest affects the local currency, the WS-J reports. Hong Kong’s currency sharply weakened against the USD starting last July, which analysts partly attribute to outflows.  The FT reports Hong Kong’s 10 richest people lost about $15-B since that time. […]

The Huge Managed Money Has More Faith in Stocks Than Bonds

The Huge Managed Money Has More Faith in Stocks Than Bonds

$DIA, $SPY, $QQQ, $RUTX, $VXX Goldman Sachs (NYSE:GS) investment management unit oversees about $1.7-T. and while it is still waiting for better entry levels to buy the dip, it continues to favor equities and credit over government bonds in a rejection of growing fears of an imminent recession. Goldie expects the Fed to lower rates […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH and Saying it Again: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, The market has become susceptible to every China headline, nothing new. […]

President Trump Knows How to Deal, We Will Get China Trade Deal His Way

President Trump Knows How to Deal, We Will Get China Trade Deal His Way

Sunday on TV, White House trade adviser Peter Navarro said he is optimistic about a trade deal with China because doing business deals is President Donald Trump’s strong suit. In a network TV interview, Mr. Navarro said he is optimistic that the President will “do the right thing for America“in negotiating with China. “One thing […]

President Trump, “Fed Behind Market Turmoil, Not Trade War”

President Trump, “Fed Behind Market Turmoil, Not Trade War”

$DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, President Trump targeted Fed policy as the reason for this recent market turmoil. In raising interest rates 4X last year “the Federal Reserve acted far too quickly, and now is very, very late,” in reversing itself and cutting borrowing costs, President Trump tweeted. “Too bad, so much to gain on […]

F1: Ferrari (NYSE:RACE): “We have no reason to change drivers”

F1: Ferrari (NYSE:RACE): “We have no reason to change drivers”

$RACE Ferrari’s (NYSE:RACE) team manager Mattia Binotto says there is no reason to change Ferrari drivers. Mattia Binotto says Ferrari will head into Y 2020 with an unchanged driver lineup. There has been high speculation about the future of Sebastian Vettel, with the latest theory being that he could return to Red Bull Racing next […]

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

President Trump Drops Some Tariffs on Chinese Goods, Stocks Rally

$DIA, $SPY, $QQQ, $RUTX, $VXX US stocks rallied Tuesday after the White House announced that it will delay the 10% tariff rate for some items imported from China until 15 December. President Trump told reporters he wanted to delay the tariffs so consumers would not be hurt during the Christmas shopping season and said he […]

People are asking: “How do I Play This Gold Rush?”

People are asking: “How do I Play This Gold Rush?”

$XAU, $GLD, $GLX, $IAU, $GLDM, $BAR, $GS For investors seeking a safe-haven from the volatile stock market as trade disputes and global growth concerns persist are chasing the latest gold rush, growth is one of the most important factors to consider Gold prices last week topped $1,500 oz for the 1st time in 6 years, […]

Ferrari (NYSE:RACE) 60 Yrs of Supercar Evolution

Ferrari (NYSE:RACE) 60 Yrs of Supercar Evolution

$RACE Picturing and Specking the 250 GTO to the SF90 Stradale from the Maranello Outfit over 60 Yrs. Here is a Ferrari (NYSE:RACE) evolution video of some of the greatest cars ever made anywhere, they are all Italian Supercars. Few brands can rival the performance or pedigree of Ferrari, whether it’s a front-engined GT machine or […]

US Economic Growth Short of President Trump’s Goals

US Economic Growth Short of President Trump’s Goals

$DIA, $SPY, $QQQ, $RUTX, $VXX President Trump blames the Fed for putting the US economy at risk while data shows an economy in “reasonably good” shape, as the Chairman of the central bank recently said. But,”reasonably good” is not what President Trump promised to deliver during his Y 2016 campaign, and at this point he […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Stocks overreacted to the FOMC’s rate decision in the minds of investors, WH advisor calling for an emergency meeting of the committee to cut rates further. President Trump plays the tariff card to pressure Fed Chairman Powell, . The market has become susceptible to every China headline, nothing new. […]

Ferrari (NYSE:RACE) Wows Investors with its Stock’s Performance & New Supercars

Ferrari (NYSE:RACE) Wows Investors with its Stock’s Performance & New Supercars

$RACE With its Q-2 Y 2019 release, Ferrari  (NYSE:RACE)  delivered another strong Quarter of financial results. The company met Quarterly expectations and confirmed its financial guidance for the year. The strong results were overshadowed by the discussion of Ferrari’s 2 new models on the call, including the company’s 1st hybrid Supercar. Ferrari’s Q-2 Y 2019 numbers: […]

F1: Vettel: Ferrari (NYSE:RACE) Not in Control of Formula One Racing

F1: Vettel: Ferrari (NYSE:RACE) Not in Control of Formula One Racing

$RACE Sebastian Vettel believes his Ferrari F1 team is “quite far” from its ambition of being able to control races given its performance is so track dependent this season. Ferrari (NYSE:RACE) has shown enough pace to be in contention at several races this season but goes into the summer break without a victory in 12 […]

President Trump Demands Strong Rate Cut, Market Turns a Solid Green, Wall Street Loves ‘Cheap Money’

President Trump Demands Strong Rate Cut, Market Turns a Solid Green, Wall Street Loves ‘Cheap Money’

$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX The US stock market finished solidly in the Green Thursday, as trade anxiety subsided and investors embraced a risk-on mindset. The S&P 500 advanced 1.9%, which extended its 2-day bounce to 112 pts, or 4.0%, from its session low Wednesday.  Thursday, President Trump again expressed dissatisfaction with USD’s strength, […]

Savvy Money is Betting Both Sides of the US-China Trade Dispute

Savvy Money is Betting Both Sides of the US-China Trade Dispute

$SPY, $SPX Hedge-fund billionaire Ray Dalio advised savvy investors to bet on “both horses in the race” amid rising trade tensions between the US and China. He argued that investors still have a historic opportunity to buy into China as it opens up its markets to foreign investments. “Would you have not wanted to invest with […]

Ferrari (NYSE:RACE) Has a Waiting List for it Supercars

Ferrari (NYSE:RACE) Has a Waiting List for it Supercars

$RACE Ferrari (NYSE:RACE) cars are not easy to buy, command a high price and there is a waiting list. Ferrari needs no introduction, its brand perhaps the most recognizable in the world, it is synonymous with professional motor-sports racing and an upscale lifestyle. Ferrari defines its own category of luxury sports cars and does not compete […]

No One Has a Straight Answer as to Why Gold is in a Strong Bull Market

No One Has a Straight Answer as to Why Gold is in a Strong Bull Market

$XAU, $GLD, $USD FLASH: The precious Yellow metal is now acting like the Key safe-haven from the world’s problems. Gold prices spiked Monday rising 1.5% to new 6-year highs. Gold is the play within the trade dispute between Presidents Trump and Xi. Gold risen 17% since the moment last December when President Trump declared, “I am a […]

Investment Strategy: Buy US Stocks on the Dip

Investment Strategy: Buy US Stocks on the Dip

$DIA, $SPY, $QQQ, $RUTX, $VXX FlASH: The implied likelihood for a 50-bpts rate cut at the September FOMC meeting climbed to 23.5% Vs 1.5%. Friday, according to the CME FedWatch Tool. Expectations for the Fed to step up its easing efforts amid increased risks to the economic outlook expounded the flight-to-safety in gold and US […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Last week the market was in consolidation mode and tested the 50-Day MA’s and bounced and… Employment report showed solid jobs growth in July Major averages found buying support at 50-Day MAs INDUSTRY WATCH Strong: Real Estate, Utilities, Consumer Staples Weak: Information Technology, Energy, Materials The CBOE Volatility Index has […]

Investment Thoughts, No Recession in Sight

Investment Thoughts, No Recession in Sight

Investment thoughts FLASH: President Trump continues to hammer the Fed, and the market smells the cheap money coming. Pundits are calling for the Fed to stick to its mandate and ignore the usual election cycle games. A broadside about the ineffective trade policies and the damage that is doing to growth, employment and price stability […]

Capitalism Vs Socialism

Capitalism Vs Socialism

Capitalism and Socialism are both economic schools of thought that are to an extent virtually opposite of each other. Understanding the differences between them is important as it can help you understand a great deal about economic discussion and thought. Capitalism: To each their own. Markets should be free of government intervention and the principles of supply […]

S&P 500, NAS Comp Drive Due North to All-time Highs

S&P 500, NAS Comp Drive Due North to All-time Highs

$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 (+0.5%) and NAS Comp (+0.9%) set new records highs on Wednesday, driven by big gainers in semiconductor stocks and by shares of companies that beat earnings estimates, the Russell 2000 rose 1.6%. The DJIA lost 0.3% on losses in Boeing (BA 361.43, -11.54, -3.1%) and Caterpillar (CAT 131.91, -6.19, -4.5%) following disappointing earnings […]

Good News and Earnings are Driving This Market

Good News and Earnings are Driving This Market

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Wall Street Liked the Trade News and Earnings Reports Moving this Market S&P 500 closes above 3000, boosted by encouraging trade news and positive earnings, guidance from widely-held companies High-level trade talks will reportedly continue in China next week from Monday to Wednesday 10 of 11 S&P 500 sectors […]

Big Pharma Earnings Up Next Week

Big Pharma Earnings Up Next Week

$ABBV, $BAX, $BIIB, $BMY, $BXX, $CELG, $MRK, $WST Biotech stocks had a muted performance last week, as Johnson & Johnson (NYSE:JNJ) kick started Q-2 reporting season for big pharma companies, beating forecasts and an upward adjustment to its FY sales guidance. Below are the Key catalysts for the week ahead, as follows: Conferences 10th International AIDS Society, or […]

Gold Dipped on Mixed Economic Data

Gold Dipped on Mixed Economic Data

$GLD, $XAU, $USD Gold prices turned lower Tuesday after a strong retail sales reading sparked buying interest in the USD and pushed Treasury yields higher. Retail sales gained 0.4% in June, outpacing consensus forecasts for a meager 0.1% advance, the positive reading pushed the .DXY and bond yields higher. The USD-denominated precious Yellow metal reacts negatively […]

Earnings Season ‘Kicks Off’ in Earnest This Week

Earnings Season ‘Kicks Off’ in Earnest This Week

$JPM, $MS, $GS, $BAC, $MSFT, $NFLX FLASH: Traders will focus on the start to Q-2 earnings season this week. Big banks including JP Morgan Chase (NYSE:JPM), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC), along with Netflix (NASDAQ:NFLX) and Microsoft (NASDAQ:MSFT) report Quarterly results this week, setting the tone for the rest […]

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

“Bitcoin is fun, but it is a lot more fun at 100X leverage”

$BTC, $BTCUSD, $FB FLASH: Bitcoin (BTC) was on life support 6 months ago, with prices at about 20% of their record highs, disappointing the world of cryptocurrency enthusiasts who had grown use to extreme moves North and South in the virtual currency. Then last week’s Asia Blockchain Summit in Taipei highlighted how volatility is back, […]

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

Wall Street Finishes at Record Highs, Powell’s Remarks Boost Rate Cut Probability to 100%

$DIA, $QQQ, $SPY, $RUTX, $VXX FLASH: Stocks gained as investors interpret Fed Chairman Powell’s testimony before the House indicated a rate cut soon. Wednesday, US stocks finished higher on hopes of an interest rate cut later this month were signaled by Fed Chairman Powell’s commen to Congress that the central bank would “act as appropriate” […]

Bitcoin Jumped Back Above $11,000

Bitcoin Jumped Back Above $11,000

$BTCUSD, $BTC FLASH: Bitcoin spiked Wednesday in a 2nd day of gainser, prompting speculation that the recent correction may have run its course. Bitcoin jumped 6.75% to $11,272.4 on the Investing.com Index by 12:38 PM EDT (16:38 GMT). Currently, Bitcoin is trading at: 11,241.9805+85.39 (+0.7654%),as of 3:12a BST, the market is open. The typically volatile […]

The Recent Rise and Fall of Cryptocurrencies

The Recent Rise and Fall of Cryptocurrencies

$BTC,$BTCUSD Bitcoin’s (BTC) rise was meteoric this week and its decline has been just as swift. The speculation frenzy over Bitcoin pushed its price to nearly $14,000 Wednesday, its highest mark since January 2018. Bitcoin, the largest digital asset reversed after a prominent cryptocurrency exchange reported an outage Wednesday. The retreat accelerated Thursday and put […]

Bitcoin (BTC) Surges, is this Another ‘Climax’ Run?

Bitcoin (BTC) Surges, is this Another ‘Climax’ Run?

$BTC, $BTCUSD, $FB Bitcoin (BTC) prices and related cryptocurrencies and stocks ran up again Wednesday, continuing a strong rebound that has intensified with last week’s Facebook (NASDAQ:FB) announcement that it is entering the crypto space. Prices have surged roughly 40% since Friday, with the digital currency now flashing signs of a possible ‘climax‘ run. The last time […]

Gold Prices Continue to Drive North

Gold Prices Continue to Drive North

$XAU, $GLD, $USD Gold markets extended the rally Monday, that being the case, the 1400 psych mark underneath should offer support, and notably it is a large, round, psychologically significant mark. As long as the price holds above that mark, this market is Bullish to Very Bullish, but there is lots of support marks underneath […]

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

Wall Street: “Sanders Student Debt Plan Could Bring More Pain”

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Every time a significant transaction tax has been tried, it has either been gutted or eliminated due to its failure to collect anything close to projected revenue and its impact on capital markets. Got that Bernie? American Communist Presidential hopeful, Senator Bernie Sancers (I-VT) proposed a plan Monday to […]

Bitcoin, Ethereum, XRP, and Litecoin Spiked, Why?

Bitcoin, Ethereum, XRP, and Litecoin Spiked, Why?

$BTC, $FB FLASH: Bitcoin, ethereum, Ripple’s XRP, and litecoin spiked at the weekend, with the largest cryptocurrency by market capitalization, Bitcoin, eclipsing the $10,000 psych mark to highs of $11,200 on the Luxembourg-based Bitstamp exchange. Currently, Bitcoin is trading at: 11,029.28+173.29 (+1.60%)As of 6:07p BST. the market is open. Ethereum, Ripple’s XRP, and litecoin all […]

Philip Morris (NYSE:PM) Among “The Most Attractive Consumer Stocks”

Philip Morris (NYSE:PM) Among “The Most Attractive Consumer Stocks”

$PM We have told our managed money clients that a recent dip in Philip Morris (NYSE:PM) stock is a Golden buying opportunity. Shares of Philip Morris (NYSE:PM) have rebounded after a difficult year in US 2018. “Part of that is the result of the Food and Drug Administration’s approval of Philip Morris’s application to sell […]

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

S&P Marks Record Closing High, Wall Street Bets on Fed Rate Cut

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: This Bull Market in stock is the longest on record. The S&P 500 Index marked a record closing high Thursday, buoyed by Wall Street’s expectations that the Fed will cut interest rates as soon as July to keep the US-China trade dispute from stalling economic growth. The Fed left […]

Wall Street Liked What it Heard From Chairman Powell

Wall Street Liked What it Heard  From Chairman Powell

$SDIA, $SPY, $SOX, $QQQ The S&P 500 (SPY) approached record highs Wednesday after the Fed signaled potential interest cuts later this year, reassuring Wall Street investors worried that the US-China trade war could stall economic growth. Saying it “will act as appropriate to sustain” economic expansion, the Fed signaled rate cuts of half a percentage […]

Wall Street Analyst Downgrades Disney (NYSE:DIS), Wary of Streaming Bet

Wall Street Analyst Downgrades Disney (NYSE:DIS), Wary of Streaming Bet

$DIS The Walt Disney Co. (NYSE:DIS) stock has seen a downgrade from Imperial Capital “arguing that with the shares trading near a record valuation, the media giant may have run ahead of itself.” Disney stock has had a great year. The shares have gained nearly 30%, hitting a 52-wk high of $143.51 and low of $100.35. Disney […]

“Risk Assets Have Room to Run”

“Risk Assets Have Room to Run”

$SPY, $BLK In a report, the majority of BlackRock Inc.’s (NYSE:BLK) Top decision-makers had a simple conclusion after gathering in London last week: A supportive backdrop for risk assets probably has “room to run” for at least 12 more months. Senior leadership at the world’s largest asset manager cited easy monetary policies and few signs […]

President Trump Vs Fed, Gold Wins

President Trump Vs Fed, Gold Wins

$XAU, $GLD, $USD President Trump continues his relentless attacks against the Fed and their strong dollar Tuesday with his most recent Tweets: “This is because the Euro and other currencies are devalued against the dollar, putting US at a big disadvantage. The Fed Interest rate way too high, added to ridiculous quantitative tightening! They don’t […]

US Homebuilder Sentiment Posts 1st Decliner in 2019

US Homebuilder Sentiment Posts 1st Decliner in 2019

US homebuilders’ sentiment unexpectedly posted the 1st decliner this year, suggesting lower mortgage rates are failing to give the housing market a sustained boost amid property prices that remain out of reach for many buyers. The National Association of Home Builders/Wells Fargo Housing Market Index fell 2 points below the consensus estimate at 66 to 64 in […]

Crypto App Augur Promotes High Liquidity Markets

Crypto App Augur Promotes High Liquidity Markets

The developers of Augur, a decentralized trading and betting protocol, just released a new version of the app that promotes more liquid markets and counteracts bad actors. Augur lets people trade and create prediction markets on any outcomes in the world, from political elections and sports to future asset prices. Since Augur’s initial launch last summer, one or more bad […]

US Labor Market Solid

US Labor Market Solid

The number of Americans filing applications for unemployment benefits was flat to unchanged last week, suggesting the labor market remains on solid footing despite slowing economic activity. Initial claims for state unemployment benefits were flat to unchanged at a seasonally adjusted 218,000 for the week ended 1 June, the Labor Department said Thursday. Data for the prior […]

South Africa International Remittance Market Going Strong

South Africa International Remittance Market Going Strong

South Africa News It is expected that by the end of 2023, Banks would continue to dominate the domestic market as being the most preferred channel of remittance. While in the international space, ADLAs & MTOs together would supersede banks with over 30% share in terms of value of international remittance transactions. In terms of corridors, Angola-South Africa and Lesotho-South […]

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

Trade, Other Risks, Signal Rate Cut May Be “Warranted Soon”

$DIA, $SPY, $SOX, $QQQ, $RUTX, $VXX FLASH: Growing expectations for the Fed to cut rates to address slower growth and muted inflation; 2-yr yield drops 12 bpts to 1.83% . St. Louis Fed President James Bullard (FOMC Voter) said that slower economic growth could be sharper-than-expected due to the trade uncertainty. Mr. Bullard added that […]

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 […]

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US Consumer Confidence Up in May, Economic Optimism Best Since 2000

US consumer confidence rose in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite signs that activity was slowing after being temporarily boosted by exports and a build-up of inventories. The surge in confidence reported by the Conference Board on Tuesday came despite an escalation in tensions in […]

There are Lots of Growth Stocks in President Trump’s America First Policy

There are Lots of Growth Stocks in President Trump’s America First Policy

$DIA, $SOX, $QQQ, $SPY, $RUTX, $VXX The US Financial Markets are Closed Monday to Celebrate Memorial Day Note: The US economy is so diverse that there are always areas that are insulated from whatever you may be concerned about. The US-China trade dispute has driven dividend-rich sectors like utilities higher, but investors do not need […]

US Set to ‘Blacklist’ 5 Chinese Firms

US Set to ‘Blacklist’ 5 Chinese Firms

$CNY, $INTC, $QCOM The Trump Administration is considering cutting off the flow of vital American technology to 5 Chinese companies including Hangzhou Hikvision Digital Technology Co., widening the dragnet beyond Huawei to include world leaders in video surveillance. The US is deliberating whether to add Hikvision, Zhejiang Dahua Technology Co. and several unidentified others to […]

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