#household #wealth #recovery #virus #stocks #bonds #jobs Americans’ household wealth rebounded last Quarter to a record high as the stock market quickly recovered from a medical emergency chaos-induced plunge in March. The gains flowed mainly to the most affluent households even as tens of millions of people endured job losses and shrunken incomes. Monday, the Fed said that […]
#tech #ETFs #investors #virus #aid #traders #risk #leverage $QQQ $TQQQ $XLI $XLK Investors are ditching QQQ, the largest tech ETF at the fassstest pace in 20 yrs. The $122-B Invesco QQQ Trust Series 1 (NYSEArca:QQQ) ETF suffered its biggest daily outflow since October 2000, losing almost $3.5-B Friday. The tech-heavy fund, which tracks the NAS […]
#WallStreet #PaulEbeling #BigTech #economy #growth #Bulls #Bears #money #FAANGs #Microsoft #virus $DIA $SPY $QQQ $RUTX $MSFT $VXX Last Week in Review: Another week of selling, particularly in the mega-cap techs The China virus stock market rally had a mild, nothing wk if you only look at the percentage change. The DJIA lost just 0.03% in […]
#gold #money #banks #COMEX $XAU $GLD $USD The world’s largest 50 investment banks are on track to 2X their income from precious metals this year to around $2.5-B, most of it from gold, Coalition, a banking consultancy said Sunday. “$1.2-B was the earnings pool last year. This year we already crossed that number,” said Coalition’s […]
#body #fuel #ketones #virus Ketones, the 4th fuel A Key way people can potentially mitigate the severity of the China virus is by eating right; starting doing these things and come out strong. But that message has not been delivered … Our body can use 4 types of fuel: carbohydrates, fats, proteins and ketones. Of […]
#WallStreet #PaulEbeling #BigTech #earnings #economy #growth #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Week in Review: Another week of selling, particularly in the mega-caps The selling from the prior week carried over to the shortened trading week. The S&P 500 fell 2.5%, the NAS Comp fell 4.1%, the DJIA […]
#PresidentTrump #election #money #win #virus Tuesday, President Trump said he will consider drawing money from his personal fortune to aid his re-election campaign against Democratic presidential candidate Slow Joe Biden. “If I have to, I will,” President Trump said. When asked how much he would spend, the President answered, “Whatever it takes. We have to […]
#WallStreet #PaulEbeling #BigTech #earnings #economy #growth #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action The trigger the stock-market pullback Thursday and Friday that erased weeks of gainers in the US stock market, may have been embattled investment firm SoftBank, according to a report by the Financial Times of London The report […]
#PresidentTrump #betting Recent polling has come in since the Republican National Convention ended, and it shows a huge tightening of the Presidential race, both in terms of national and Key state polling. Hence, President Trump became the favorite to win the election, according to betting markets. According to RedState, on September 1st, the betting markets moved into […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Thursday the Fed Chairman jettisoned the Phillips curve’s idea that rising unemployment means less inflation. In fact, he stated that there is no empirical evidence to support the notion. Technical Analysis NAS Comp gapped modestly higher, rallied […]
#Fed #interest #inflation #money #market #investors $DIA $SPY $QQQ $RUTX $VXX The Trump Fed announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near Zero even after inflation has exceeded the Fed’s 2% target level. The change tells us that the Fed is prepared to tolerate […]
#spending #boom #stocks #economy #gold #hedge #liquidity $DIA $SPY $QQQ $RUTX $GLD $XAU A “spending boom” will happen in Y 2021 as pent-up demand from consumers and increased liquidity shoveled into the economy as a successful vaccine and and C-19 coronavirus treatment is developed. And the stock market has much more room to run even […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action NAS Comp is leading the Bull run, The NASDAQ broke to a new high — and held the move, the rebound is helping Facebook, Amazon, Apple, Google and Netflix carry the load. Recovery stocks are still in […]
#PresidentTrump #prolife #halts #abortion #funding The US State Department implemented a new policy that prevents American taxpayer dollars from being used to fund abortions around the world. The policy is called the Protecting Life in Global Health Assistance (PLGHA) policy. PLGHA prevents United States’ and thus taxpayer money from going to any organization in the […]
#Fed #lending #MainStreet #aid #relief #money A bipartisan Congressional panel overseeing the implementation of some coronavirus aid/relief programs urged the Fed and US Treasury to take more risk with taxpayer dollars and increase outreach efforts to deliver more aid/relief to small and medium-sized businesses struggling because of the C-19 chaos. The panel’s recommendations Keyed around […]
#Trump #recovery #stocks #exports #housing #sandbagging #Democrats #Republicans $DIA $SPY $QQQ The last recession, from Ys 2007 to 2009, was harsh because of of the meltdowns in the financial and housing markets. The S&P 500 dove 56% from peak to trough, and home values declined 27%. That loss of household wealth took years to recover and scared on […]
#WallStreet #Bullishishness #VIX #coronavirus $DIA $SPY $QQQ $RUTX $VXX The fear on Wall Street is fading, as stocks continue their unprecedented Bull run in the midst of the global coronavirus chaos. The Cboe Volatility Index (VIX), or “fear gauge,” is near its lowest mark since late February and options markets are showing diminishing concerns of […]
#investments #stocks #C19coronavirus #risk #money #cash $DIA $SPY $QQQ $RUTX $VXX Energy, aviation and lodging firms hit hard by the coronavirus chaos will offer handsome returns for high-yield investors in the months ahead. There are opportunities for discerning money managers and aggressive retail investors. We and other Top money managers see opportunities in stressed and […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Jobless Claims Hit a New Low: The number of jobless claims fell below 1-M for the 1st time in 20 wks. Thursday, the S&P 500 came within 7 pts of the all-time high. It will keep banging […]
#PresidentTrump #economy #recovery #Congress #money The US economy is entering a self-sustaining V-Shaped recovery and does not need a big dose of aid/relief/stimulus bill from Congress. “The numbers are coming in very, very nicely,” National Economic Council Director Larry Kudlow said adding that data suggests a rise in C-19 coronavirus cases over the Summer put only “a […]
#PresidentTrump #C19coronavirus #aidreliefstimulus #Democrats It is “silly” for Democrats to say it will take Americans too long to get their enhanced unemployment benefits in place, as they could have gotten it in place a week or 10 days ago, but states are already in a position to continue extended unemployment benefits, White House economic adviser […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANGs $DIA $SPY $QQQ $RUTX $VXX Last Week’s Action As expected, the FAANGs: Facebook, Apple, Amazon, Netflix and Google stepped up as the NAS Comp leaders paused to refresh, overall the action is good. Friday’s jobs report were as President Trump said they would be marking […]
#WallStreet #PaulEbeling #BigTech #earnings #NFPs #employment #interest #Bulls #money #FAANG $DIA $SPY $QQQ $RUTX $VXX $DIS Last Week’s Action US Stocks Finished Friday and July on High Notes. The tech stocks held the line kept the NAS Comp, SOX and NAS 100 in the Green. The big names in the NAS drove earnings . The […]
#Republican #lawmakers #PresidentTrump #violent #rioting #looting #aid/relief/stimulus #property #damage The $1-T aid/relief/stimulus package proposed by Republicans will compensate businesses for vandalism or looting due to public disturbances that occurred during Y 2020. And President Trump wants to send Americans more checks to shore up household finances. Republican lawmakers unveiled a $1-T coronavirus aid/relief/stimulus package, dubbed […]
#gold #stocks #money #investors #goldbugs #centralbanks #inflation #virus $DIA $SPY $QQQ $RUTX $XAU $GLD #VXX Gold is up 25% this year and traded above 1,897oz, just shy the Y 2011 record high at 1,921. Global stocks measured by the MSCI World index, have recovered almost all of the losses they suffered on the instant recession sell-off brought on […]
#gold #XAU #GLD #silver #XAG #SLV #rally #USD #Treasuries #yields #interest #Fed $XAU $GLD $XAG $SLV $USD Deepening negative real yields in the US Treasury market are driving a this rally in gold that is seeing the precious Yellow metal moving toward record highs. Bullion has gained 24% this year and is about $40 from […]
#PresidentTrump #virtual #rally #fundraiser #money #donors #supporters #coronavirus President Trump held his 1st virtual/rally/fundraiser Tuesday night, and his campaign raised $20-M The move comes as the President has stopped his famous in person rallies due to the C-19 coronavirus chaos. President Trump answered on screen questions from the White House Tuesday night. The fundraiser received money […]
#Bulls #PresidentTrump #investors #participants #stocks #bonds #Vshaped #recovery #rally #C19coronavirus #CDC #ThePeople #WallStreet #PaulEbeling $DIA $SPY $QQQ $RUTX $VXX Last weeks action Stocks were quiet going into Friday’s options expiry, after getting good news regarding vaccines Wednesday. The economic data was good, but jobless claims were off. The Governor of Texas said he is considering […]
#CapitalFlight #rich #fear #C19coronavirus #Mexico #AMLO $USD Mexico’s President Andres Manuel Lopez Obrador aka AMLO is scaring the rich into shipping their money abroad. The very 1st signs of this capital flight date back to the run-up to Lopez Obrador’s landslide electoral victory in Y 2018, and they mounted after he implemented new laws against […]
#gold #stocks #commodities #bonds #cash #value #growth #C19coronavirus #election #volatility #Fed #risk #recovery $BAC After slashing cash piles by the most in a decade last month, fund managers with $570-B are hanging on to their dry powder amid this historic epic stock rally. Investors surveyed by Bank of America Corp (NYSE:BAC) boosted average cash holdings […]
#Gold #Silver #preciousmetals #Fed #ECB #RBA #C19Coronavirus #inflation #currencies #stocks $XAU $GLD $XAG $SLV $USD $DIA $SPY $QQQ $RUTX $VXX Analysts and economists are calculating the destruction the C-19 coronavirus chaos, and traders in the financial markets trying to understand the ramifications of the virus’ presence. The market trends demonstrate that our prior precious metals forecasts continue […]
#Bulls #PresidentTrump #investors #participants #stocks #bonds #Vshaped #recovery #rally #C19coronavirus #CDC #ThePeople #WallStreet #PaulEbeling $DIA $SPY $QQQ $RUTX $BLK $GS $MS #TROW $VXX What happened last week NASDAQ Leaders Lead the Bulls North NAS Comp leaders are in control, even if they are extended on this leg a bit.And lots of other stocks are setting […]
#gold #miners #precious #metals #gold #silver # investors #pattern #coronavirus #bullish $HUI $GDX $RING $SGDM $GDXJ The rising prices of precious metals since March have boosted the mining sector and now we are seeing sharp Northside ticks across many Key mining funds. Here we look at some of them to get an idea of the […]
#PaulEbeling #WallStreet #money #trading #investing #vaccine #coronavirus $DIA $SPY $QQQ $RUTX $PFE $VXX Last Week’s Action Pfizer Inc.’s (NYSE:PFE) announcement regarding a C-19 coronavirus vaccine boosted sentiment Stocks start Q-3 higher, leaders continue to lead. The Institute for Supply Management (ISM) signals strong expansion. FOMC mins show that the Fed plans to buy bonds for […]
#IndependenceDay #US #stock #markets #DJIA #NFPs #jobs #investors #PresidentTrump #economy #WhiteHouse #PPP #vaccine #C19coronavirus $DIA $SPY $QQQ $RUTX $VXX Stocks rose Thursday and gained on the week, as investors cheered the resiliency of a US economy that created nearly 5-M jobs in June and the number for May revised to nearly 3-M. President Trump said June’s better-than-expected […]
#money #cash #Fed #business, #American #inflation #savings #economy $virus #banks #consumers Recall that in Y 2008 the Fed pumped lots of cash into the financial system just as it has done year to stave off an economic collapse. But, in Y 2008 that money mostly ended up in banks’ accounts at the Fed, now that […]
$DIA $SPY $QQQ $RUTX $VXX #Paul Ebeling #Wall Street #recovery #cash #technicals #patterns #Fed #Bulls Last Week’s Action The indexes are in consolidation mode, and the leaders are leading pulling back and testing their moves, the trend is up and the Bulls are still in charge. Financials received bids ahead of the release of the […]
The luxury side of the housing market is getting strong again, according to a new report. Potential homebuyers with big money have been sitting on the sidelines due to The China Virus quarantines and lockdowns. But as the country reopens, they are house hunting, according to a new report by Realtor.com released Thursday. “After being […]
$DIA $SPY $QQQ $RUTX Historically social unrest issues have very little long-term impact on stock markets. During prior periods of civil unrest and protests, markets similarly largely ignored tumultuous events. After the assassination of Martin Luther King Jr. in Y 1968, markets dipped briefly on the day of his death, down 0.5% from 4-5 April, […]
$DIA $SPY $QQQ $RUTX $$GLD $XAU $VXX The Bulls are clearly in control on Wall Street, but the US stock market sentiment data picture is confusing for many participants now, as there is lots of professional of pessimism about current stock pricing Vs retail optimism. It is a tug-of-war scenario. This shows up in the […]
$SPY The S&P 500 is cheaper than many think, meaning more profitable. The stock market is cheaper and profitability is better than the pundits would have us believe. The deep dive baked into Q-2 consensus earnings understates the real core earnings of many US companies. Here I show where there is Northside in the overall […]
US Treasury Secretary Steven Mnuchin said he may consider a second extension in the US tax filing deadline as The China Virus chaos continues. “It is something I am thinking about,” he said Tuesday.“As of now I am not intending on doing that, but it’s something we may consider.” The delay would give taxpayers additional […]
$DIA $SPY $QQQ $RUTX $VXX Last Week’s Action Stock indexes are consolidating, the economic data impresses, as headlines focus on new China Virus cases in the wake of massive new testing. Last Friday was Quad Witching expiration, and we saw leaders continue to lead. Perhaps other sectors will now start to contribute to the uptrend. […]
$XAU $XAG $GLD $SLV $USD Gold, forests, property stocks, inflation-linked bonds, these are just some of the assets investors are betting lots money into on the view that the recent explosion of government spending and Fed stimulus may rouse inflation from its 10 yrs+ sleep. If inflation really is “the dog that didn’t bark”, failing […]
$DIA $SPY $QQQ $RUTX From Marty’s advice I minted my own that I have closed nearly every weekly Redroadmaster Report for the past 22 yrs: “Always take what the market gives.” Often followed by: “Tune out the Noise!“ What that means Don’t fight the Fed means that you cannot fight a Fed boss who intends […]
$SPY $SPX Last Thursday, Wall Street professionals showed retail investors who bet that stocks would continue their uninterrupted drive North, that they are incharge. Yes, there are lots of investors who missed out on Wall Street’s recovery since the 23 March lows and may take advantage of the midweek selloff to enter. That suggest some […]
$SPY There is a big gap between what is happening on the streets in America’s cities and the American stock market has confounded lots of both professional and retail investors, this is nothing new. Below is a overview of how similar frames of civil violence and political unrest have played out in the market throughout history, […]
$EV Eaton Vance Corp. (NYSE:EV) is a Buy, the financial services stock is up from it 23 March lows, and headed back to it 20 February highs at 51.28 and higher. The Support is strong at 36.87 and the Key resistance is at 48.09. Tuesday, it broke out above the Kumo cloud confirming this call. […]
$DIA $SPY $QQQ $RUTX $VXX Wall Street stocks extend rally despite the terrorist rioting sweeping the nation. “At the end of the day, the market has no conscience. Investors are simply trying to make money, and that is why they are crowding into the stay-at-home economy stocks,” Jim Cramer said Tuesday, adding people still pick […]
$DIA $SPY $QQQ $RUTX The love-hate relationship many investors had with US stocks during the 11 yr Bull market is reemerging, as stock steadily climb the Wall of Worry in the face of economic devastation and uncertainty. The benchmark S&P 500 index has risen 34% from its 23 March lows and the NAS Comp is […]
$DIA $SPY $QQQ $RUTX $VXX Last Week’s Action The large-cap indexes were lower Thursday, and flat Friday. On the week though the S&P 500 (+3.2%), DJIA (+3.3%), and NAS Comp (+3.4%) rose 3%+, and the small-cap Russell 2000 climbed 7.8%. The Bulls are in charge. Technical Analysis S&P 500 broke higher Wednesday, opened lower Thursday and […]
$DIA $SPY $QQQ Some Wall Street heavyweights who President Trump dubbed ‘rich guys’ last week may sound alarmed about stocks, but some of the world’s biggest investors are holding on or boosting their holdings. Money managers and strategists at Capital Group, Franklin Templeton and BlackRock Inc., which together oversee about $8.8-T, say stocks remain attractive […]
$XAU $GLD $VXX $USD The Big Q: How High is Too High for the precious Yellow metal? Q-1 of Y 2020 was positive for gold prices, as the chart below shows. The precious Yellow metal gained 6.2% from 31 December 2019 to 31 March 2020, moving from 1,515 to 1,609 oz. In April, gold rallied to 1,693, increasing […]
$GLD $XAU $USD The US once was on a gold standard. This meant people could exchange their Bucks for a fixed amount of gold. The US moved away from a strict gold standard in the 1930’s, and President Nixon abandoned it altogether in Y 1971. Since then, the USD has been a “fiat currency.” Meaning […]
President Trump is pressing for another stimulus bill to pump more money into the economy that has been crippled by the coronavirus chaos. “With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & BOLD, Two Trillion Dollars, […]
US Senate Republican leader Mitch McConnell (KY) Monday predicted that Congress would approve further funding for states and cities whose budgets have been hit hard by the coronavirus chaos. “There probably will be another state and local funding bill but we need to make sure that we achieve something that will go beyond simply sending […]
$DIA $SPY $QQQ $RUTX $USO $VXX Investors are pinning their hopes for the reopening of the US economy on the potential for wider availability of testing for COVID-19 cases and on drug trials for treatments of the disease. We have been letting doctors, who have shown the same propensity for predicting this virus as weathermen […]
$CB $TVR In any case this emergency health chaos will trigger the largest single loss in insurance history. UBS estimates industry insured losses for non-US business interruption total $7 to 22-B. In the US, monthly small business losses are seen at between so far at $431, according to the American Property Casualty Insurance Association, rendering […]
Unprecedented situations require unprecedented actions. That’s why the Fed should fight a rapidly deepening recession by taking interest rates below Zero for the 1st time ever. When the FOMC holds its regular policy-making meeting next week, all the warning lights will be flashing Red. The unemployment rate is expected to reach 2X digits by June. […]
$PE $WPX We are screening the wirehouses energy research world looking for quality energy stocks that are rated Buy and trading way off their highs in this market, that are strong enough to hold on, be bought for value, and recover as Crude Oil prices recover thru 2021. These 2 are smaller capitalization stocks for […]
Thursday, Secretary of State Mike Pompeo said the COVID-19 coronavirus chaos shows the need to overhaul the World Health Organization (WHO), warning that Washington may never restore its funding and may set up an alternative outside of the UN instead. Secretary Pompeo said late Wednesday there needed to be “a structural fix of the WHO” […]
Thursday, the Democrat controlled House passed a $484-B interim coronavirus bill that includes additional money for the small-business loan program, as well as for hospitals and testing, making way for the legislation to become law by Friday. The bill includes more than $320-B for the Paycheck Protection Program (PPP) created by the CARES Act passed late last month. The program, […]
Shayne and I expect to see an increase in risk-on exposures as money managers are now positioning for a slowing rate of coronavirus contagion growth. Despite the buying by some aggressively Bullish hedge funds, macro hedge funds, which place bets on macroeconomic trends using index, currency and interest rate strategies, are still sellers. So, now […]
$DIA $SPY $QQQ $RUTX $VXX The Coronavirus Chaos Continues Stock indexes moved up continue the up trend pattern Economic data are generationally bad. Stocks continue to set up Bullish patterns. After hours reports of Gilead Sciences’s (NASDAQ:GILD) drug provide promise. Boeing (NYSE:BA) also promised to restart Seattle production. Friday gapped higher on options expiry, finishing […]
$GLD $XAU $SLV $XAG $USD With the Fed printing lots of cash, rising inflation is a possibility. If that is the case, gold will to do well. On Top of that, gold has proven its reputation as a good investment throughout these past few months, it is up 16% YTD. While stocks absolutely plunged in response […]
$RUTH $SHAK Over 2 wks, the US government pledged $350-B to Main Street businesses across America desperate for cash after coronavirus lockdowns. A picture is emerging of who got the money. More than 25% of the total went to fewer than 2% of the firms that got relief. They include a number of publicly traded […]
“Growing your own Organic food is like printing your own money“– Chef David Slay, Slay’s Restaurants, Stanton California The #1 rule for growing nutrient dense food is healthy soil. Protect it by diversifying your plants, avoiding tilling and by covering the surface with cover crops or mulch Quality seeds are essential. In small spaces you […]
$SPY Investors understand the current market chaos was not presaged by fundamental economic issues, like the US mortgage crisis in the recession of Y 2008. But the uncertainty that is being cast about what turns the coronavirus might take, and the implications that could have for the economy and markets, have left the moneyed class […]
$GLD, $XAU, $SPY, $USD Bridgewater Associates’ Ray Dalio, founder of the world’s largest hedge fund, said investors would be “crazy” to hold government bonds now because of money printing by central banks to rescue the global economy. “This period, like the 1930-45 period, is a period in which I think you’d be pretty crazy to […]
$DIA $SPY $QQQ Many people saw the recent market selloff as the start of a Bear market, from the beginning I argued it was an external effect in this long Bull market. So, whether 23-24 March marked The bottom or A bottom is irrelevant I believe. The broad Question is whether the long-term factors that […]
Tuesday, President Trump announced he is halting funding for the World Health Organization (WHO) pending a review of its response to the initial coronavirus outbreak after the organization criticized his travel restrictions to China. President Trump accused the WHO of “severely mismanaging and covering up” the coronavirus crisis, specifically the initial outbreak in Wuhan, China. He took […]
$DIA $SPY $QQQ $RUTX $VXX Just In: Goldman Says US Stocks Have Likely Bottomed Unprecedented policy support and a flattening viral curve have “dramatically” cut risks, the bank said early Monday in a note. Despite the COVID-19 coronavirus, ‘new’ Bull market can run Last week was a shortened week, here is how it played US […]
In just a few weeks, the lives of The People have changed in ways they had never imagined. People can no longer meet, work, eat, shop, and socialize as they used to. The working world moved rapidly from business as usual to cautious travel, office closures, and work-from-home mandates. Instead of traveling and going out to […]
I 1st wrote about this in late March of Y 2009, then again in April 2013 and now again in April 2020 saying this again and again, “more money is likely made from Bull Markets than any other market action. Careful investing in Bull Markets is the Key to long term investment success.” I am […]
All UN missions are at risk and staff has been warned to expect default on salaries as the US and other member states hold off paying the annual fees. The United Nations will run out of money by the end of the month as it faces a near-unprecedented funding crisis, the Secretary General warns. Almost 33% of […]
Worry about the Key personal and family stuff you can work on, but never worry about the stuff you can do nothing about. The coronavirus war and the economy let up to President Trump and his expert White House task force. When we are beyond the short term effects of the made to order medical […]
Treasury Secretary Steven Mnuchin told House Democrats that direct deposits to Americans will begin next week under the coronavirus aid/relief package. He also told the lawmakers that $98-B has been approved for small business retention under a program The Trump Administration wants Congress to bolster with another $250-B in a vote expected Thursday. The comments […]
$USD There are better assets to hold than cash as central banks print money and keep interest rates low in response to the coronavirus pandemic. “Please remember that while it does not move around in value as much as other assets, there is a costly negative return to it,” said investment manager Ray Dalio. “So, […]
Working from home offers lots advantages, including the flexibility of setting your own schedule, saving time and money by eliminating your daily commute, and allowing you to start a business with minimal overhead. But, being successful in a home office requires creating an office space that promotes efficiency in that non-traditional work environment. Whether you are self-employed […]
$GILD $REGN $LLY $VRTX The COVID-19 coronavirus pandemic has put the spotlight on stocks in the US healthcare sector, home to the companies that could develop treatments, vaccines and improved diagnostics needed to engage and defeat the greatest public health enemy in over 100 yrs. Healthcare has held up better than most S&P 500 sectors. […]
$XAU $GLD $USD Volatile stock markets and the outbreak of the coronavirus helped drive holdings in gold-backed ETFs to record highs in Y 2020. The buying is a clear indication of the prominent role of gold ETFs in investors’ portfolios, especially during periods of uncertainty and panic. Gold-backed ETFs saw $4.9-B of inflows in February, […]
$ICE $USD $BAC $WFC This week Fed Chairman Powell set out to offer a explanation for the complicated steps he is taking to relieve dire stresses in the global financial system. “Many places in the capital markets, which support borrowing by households and businesses. I am talking about mortgages and car loans and things like […]
As the coronavirus crisis spreads in the US, millions of Americans are about to receive aid from Congress in the form of direct cash payments. Friday, President Trump signed into law a $2-T emergency economic package that includes direct cash payments and unemployment benefits, among other provisions, for Americans. Here are some Q&As about who qualifies for cash from the […]
Governments around the world have to deal with this health crisis and manage the economic side effects. Some are doing it better than others, but this is not nearly over. Now is is clear the US government will spend several trillion dollars in direct healthcare costs, business aid and payments to American workers. The federal budget was […]
The Senate will vote on the $2-T package later Wednesday and the House of Representatives is expected to follow suit soon after. “This is a wartime level of investment into our nation,” Republican Senate Majority Leader Mitch McConnell said in a speech announcing the pact after days of negotiations between Republican and Democratic lawmakers, Treasury […]
$XAU $GLD, $BAR, $XAG $SLV Tuesday, Gold prices marked their largest daily percentage gainer in more than 10 yrs as the precious Yellow metal extended its rally on demand/supply issues and moves by the Fed to address the coronavirus crisis. The Fed announcement Monday “signals there is a new sheriff in town as the Fed […]
Growing CVOIS-19 coronavirus outbreaks at nursing homes in Washington, Illinois, New Jersey and other states in our nation are laying out for all to see the industry’s long-running problems, including a struggle to control infections and a staffing crisis that relies on poorly paid aides who cannot afford to stay home sick. Earlier this year, […]
$XAU $GLD $XAG $SLV The correcting stock market and global coronavirus pandemic have triggered sudden and irreversible demand for precious metals Each decade has a distinct investment theme. As the decade unfolds, one asset class rises to the Top and outperforms everything else. Below are some examples, as follows: During the 1990’s, the stock market […]
Make American, Hire American, Buy American The Big Q: What has the decline in American manufacturing meant for the average American? The Big A: 1. America eventually became poorer, and saw downgrade of its standard of living. As progressively more manufacturers moved abroad, the flow of money out of the country exceeded the benefits of […]
$XAU $GLD “In today’s market the traditional rules are out of order and there is nothing that can be classified as safe-haven, not even gold with its 5000 yrs tradition.” This underlines that fundamentally gold has an undisputed recognition as a reserve asset, but just now, it does not function as it normally does. Be […]
Wednesday night the Fed rolled out its 3rd emergency credit program in 2 days, announcing it would make loans to banks that offer as collateral assets purchased from money market mutual funds. The new facility through the Boston Federal Reserve bank will offer “support for the flow of credit to households and businesses” by ensuring […]
The New York Stock Exchange has been working closely with government officials and regulators who all support keeping its floor open to help dampen the market’s volatility at this period of time, and steps are being taken to keep them safe from coronavirus, NYSE President Stacey Cunningham said Wednesday. “People on the floor want to […]
$SPY The stock market liked what it heard out of Washington, DC, but expect the volatility to continue till it puts in the bottom. Tuesday, The Trump Administration vowed to deliver a massive financial package designed to help both businesses and individual Americans to weather the crisis. The Fed also stepped in to support the […]
$XAU $GLD $XAG $SLV $USD Monday, gold futures fell to settle at their lowest mark since December, and silver futures finished at their lowest mark in over 10+yrs, as the Fed’s emergency decision to slash interest rates failed to stem losses in the stock market, sending traders scrambling for cash. Prices for the 2 precious […]
Cash handouts to all American households is gaining support in Congress as the best way to shore up an economy brought to a near-standstill by the coronavirus. Senator Tom Cotton (R:AK) said he is working on legislation that would provide cash stipends to American households. Several House Democrats back sending $1,000.00 checks as the best […]
$DIA $SPY $QQQ $RUTX The Bulls Vs The Bears Note: “Big Bear markets end in despair and hopelessness, which many current Bulls will discover at considerable cost to themselves” — Mark Lundeen Be very wary of any advance from here, as it may prove to be what we once called a Dead-Cat Bounce. A Dead-Cat […]
$XAU $GLD It looks to me like it does not matter in here whether global stocks are rising or falling investors keep scooping up gold. Holdings in gold-backed ETFs rose by 55 tonnes in the last 3 days accounting for almost 33% of YTD in the last 3 days. As a safe-haven asset, demand for […]
$DIA $SPY $QQQ $RUTX $USO $GLD Monday, the DJIA saw its worst decliner since Y 2008 in response to news of COVID-19 and the Saudi/Russia Crude Oil price war, and the ride the stock market/s have taken in the last 2 wks has left lot of investors with stomach aches. If you have a 401(k) […]
$XAU $GLD $USD The Gold markets have broken above 1650, but gave back the gains showing signs of exhaustion. Gold futures settled 1.40 lower (-0.1%) to 1,643.00 oz as action quieted down a bit following Tuesday’s spike higher, and ,DXY is up about 0.3% at 97.40. Now if the market break down it is likely that […]
We know that consuming too many calories and not exercising contributes to weight gain, but there are also some surprising architectural and environmental reasons you may be packing on the pounds. “Here are some waist-expanding phenomena you may never have thought could affect us,” Dr. Ellen Kamhi, PhD, RN says. “This excellent list compiled by TreeHugger.com is […]