Gold Marks 2-wk Highs on Move to Safe-Havens

Gold Marks 2-wk Highs on  Move to Safe-Havens

$XAU, $GLD Gold rose to a more than 2-week high Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at 1,573.53 oz by 1:41p EST (1841 GMT), having hit a peak since 8 January at 1,575.03 earlier in the session. The […]

January 2020’s Big Festivals

January 2020’s Big Festivals

We are now in the New Year and what better way to celebrate the start of the year than checking out some of the big events around the world. Below are 4 big events to check out in January, as follows; 2020 AUSTRALIAN OPEN 20 JANUARY – 2 FEBRUARY / MELBOURNE Celebrating 108 yrs of […]

The Long’s and the Shorts into the New Year

The Long’s and the Shorts into the New Year

$SPY, $SPX The Santa Clause rally that began last week has pushed indexes to record highs and left investors looking for sectors that are not overbought. The S&P 500 Index is up 32.8% YTD with just 2 days of trading left, with returns strong across sectors at: Basic Materials+34%, Consumer Cyclicals +42%, Consumer Non-Cyclicals +29%, […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

$DIA, $SPY, $QQQ, $RUTX, $XAU, $GLD, $VXX Conditions setting up for the Santa Claus Rally A year after the US stock market plunged on the Fed’s acts, many investors believe conditions are set for a rally to finish off Y 2019. A more accommodative Fed compared with a year ago is an important argument for […]

China: The Year of the Rooster

China: The Year of the Rooster

China: The Year of the Rooster As Chinese people return to work last Friday, the country has entered a New Year, a year in which focused reform will play a Key role in the country’s development. It’s now the Year of the Rooster, and in Chinese culture the rooster is considered as virtuous and respectful […]

New Years, America’s Deadly Day

New Years, America’s Deadly Day

New Year’s evokes visions of celebrations and fresh beginnings, but unfortunately, the holiday has a more somber side when it comes to alcohol and crashes. Jan. 1 is the deadliest day on average for alcohol-related crashes involving a motor vehicle, pedestrian or bicyclist, a new Insurance Institute for Highway Safety analysis shows. Using the five […]