$DIA $SPY $QQQ $RUTX $VXX It is the end of May and the S&P 500 cracked and broke through the Key overhead resistance at 3,000 and held, this after a month of sideways trading and consolidation. Now Summer is here an my prediction should make investors feel safer after this unpopular rally drove prices higher […]
$DIA $SPY $QQQ $RUTX $VXX Friday, President Trump said that he is in no hurry for Congress to pass more C-19 coronavirus related stimulus measures to help the economy. “We are in no rush,” President Trump said while meeting with House Republicans who spent an hour taking turns complimenting and congratulating the President for his […]
$DIA $SPY $QQQ $UTX $VXX Last week’s action President Trump is now Laser focused on Opening Up America The S&P 500 hit the 78% Fibo retracement of the selloff. After a good 3rd leg, the market is ready for a test, how deep a test is the Big Q. We are watching the leaders to […]
$RUTX $RUT $SML $SPY $SPX Small cap stocks had best month in about 10 yrs and if history is a guide it may signal a broader market rally. Small-cap stocks are the focus in Q-2 as a Key indicator of the health of the broader stock market rally, after marking their best monthly performance in […]
$DIA $SPY $QQQ $RUTX $USO $USD $GLD $VXX Thursday, the market opened in the Red as some profit-taking into April’s month-end happened. The market has been climbing that wall of worry the last few sessions improving the charts in all 3 major US stock market indexes, and thus turning all Key technical indicators Very Bullish. […]
$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 […]
$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 […]
$DIA $SPY $QQQ $RUTX $VXX Saturday, President Trump said that the stock market’s 5 week blazing rally shows that traders and now investors like his Administration’s response to the coronavirus chaos has been a success. The Market is the Test. “The market is smart. The market is actually brilliant,” President Trump said at a White […]
$XAU $GLD $XAG $SLV Gold extended its rally to mark it highest level in almost 8 yrs on concern that the health crisis will have a deep and lasting effect on the global economy, thus boosting demand for the safe-haven. Futures in New York moved close to 1,800 oz, a mark last seen in Y […]
$SPY $SPX The markets move from speculators to investors. There is budding optimistic investor sentiment as numerous countries have taken steps to lessen lockdown restrictions and many of the most gravely impacted countries see the flattening of their infection curves and allow non-essential workers to go back to work Now, we are seeing more and […]
$XAU $GLD Gold extended its strong rally to hit the highest mark in more than 7 years on concern that this health crisis will have a devastating effect on the global economy, hammering corporate earnings while driving demand for safe-havens. COMEX futures in New York moved closer to 1,800 oz, the mark last seen in […]
$DIA $SPY $QQQ $RUTX $VXX We see lots of Sell-side research and analysis (taking a contrarian POV) daily, and over the years certain equity strategists have made some very good calls. On 19 March in the midst of what was some of the most brutal, high-velocity machine selling ever, Barry Bannister and his team at […]
$XAU $GLD $XAG $SLV $PLAT $USD $JPY $MTA Gold prices spiked up Monday, extending a 3-session rally Monday gold futures for delivery on the COMEX exchange were up nearly 3% or +47.60 at 1693.30 just shy of the intra-day high at 1695.90. That was the highest mark in 2 wks, in a rally driven by […]
$SPY $QQQ $MS, $CCORF,$JPM, $BLK The Sky is Not Falling! We do not believe that we will have full retest of the 23 March lows, and do not believe that this is the beginning of a Depression Monday, 2 Key Wall Street investment strategists talked up the market. Morgan Stanley believes that the worst has […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The DJIA rallied 7.7% to start the trading week. Sentiment was boosted by encouraging signs that the COVID-19 outbreak may be improving. The DJIA (+7.7%) and Russell 2000 (+8.2%) set the pace, followed by the NAS Comp (+7.3%) and S&P 500 (+7.0%). The positive bias was formed overnight in the […]
$GC $XAU $GLD $USD Gold futures in New York soared for a 2nd session running Tuesday on continued reaction to the Fed’s extraordinary measures to help an economy ravished from the coronavirus pandemic and demand/supply issues. The Fed revealed Monday several programs including lending against student loans, credit card loans and US government backed-loans to […]
$XAU $GLD $USD Monday, Gold prices attempted to break out and made their highs during the Asian trading hours. Prices eased lower and ending the session unchanged, after rising 28 oz at their highs. The 10-yr T-Note yield hit a a mark of .49 bpts down another 15-bpts from Friday. Investors have now baked in […]
$DIA $SPY $QQQ $RUTX $GLD $XAU $USO $VXX Wow, what a week it was, it really was! Technical Analysis: The move Thursday was not encouraging for a continued relief move, much less anything else. The Big Qs: Was it the end of the relief move? Would the jobs report help spring the move higher, given that […]
$DIA $SPY $QQQ $RUTX $VXX Last week Late Friday, the stock market put up a fight, on the close it was the worst week for equities since late Y 2008, as the S&P 500 (-0.8%) gave back 11.5% since the prior Friday, recording its 7th day running of losses, falling to its lowest level since […]
$GLD $XAU Friday, April COMEX gold settled at 1566.70, down 75.80 or -4.61%. The move was driven by professional and hedge funds selling as the 2 major players sought to raise cash to meet margin calls and to offset tremendous losses in the stock market. The gold market posted its biggest weekly decliner since November. Despite the […]
$DIA $SPY $QQQ $RUTX $VXX Technical Analysis at the weekended 21 February NAS Comp: It sold to the 10-Day EMA and then rebounded and filled the gap from Wednesday. It is still using the 10-day EMA as it trends higher. S&P 500: It tapped at the 20-Day EMA on the low, rebounded to a modest […]
$GLD $XAU $SLV $XAG $USD $EUR Concerns about the human and economic cost of the coronavirus continues to drive the need for strategic diversification and safe haven demand. Pro-cyclical commodities such as crude oil and copper meanwhile saw their recent recovery falter in face of renewed concern over the virus spreading outside of China. Commodity […]
$XAU $GLD $USD Gold markets rallied Wednesday as we continue to see the markets drive higher. It is now above 1600 so it is likely to continue to mark the longer-term target at 1800. Short-term pullbacks continue to offer buying opportunities for value, with the 50-Day EMA underneath at 1550, it is very important for the […]
$XAU $GLD $USD Tuesday, Gold prices broke out, to fresh 7-year highs as concerns over declining growth do to the coronavirus buoyed the precious Yellow metal. The rally in gold comes despite a surge in the USD to fresh multi-year highs. The 10-year US yield is trading near the low end of its 5-yr range […]
$DIA $SPY $QQQ $RUTX $VXX Wednesday, Wall Street closed at record highs as news that the coronavirus outbreak could be running out of steam kept buyers buyers. Tech shares led the broad-based rally, which pushed all 3 major US stock indexes to fresh highs. The S&P 500 and the NAS Comp have now set closing […]
$DIA $SPY $QQQ $RUTX $VXX Thursday, US stocks gained for a 4th session running, and Wall Street’s major indexes hit record highs as concerns faded over the economic fallout from the coronavirus outbreak in China. China said it would pare by 50% additional tariffs levied against some US goods, seen as a move to boost confidence […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Market Summary: This long Bull Run still looks look strong, and here is why: Stocks bypassed a soft open Thursday and gapped North. Small and mid-caps joined the large-caps in achieving strong breaks higher. The economic data showed renewed promise. Options expiration Friday came and went. A long weekend came […]
$DIA, $SPY, $QQQ, $RUTX, $VXX As a reminder, the market will be closed on Monday for Martin Luther King Jr. Day. Friday: Overall, it was a relatively subdued session that had the potential for even more gainers, as housing starts rose to their highest level in 13 years in December, China’s industrial production rose more […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL, $AMD President Trump cheered as US stocks posted record high closes on Thursday as optimism about a US-China trade deal firmed and as Apple and other market heavyweights posted strong gains. “STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you […]
$XAU $GLD $USD Do not be surprised if gold moves to consolidate its gains or correct after this jump in prices, a big downturn is not likely on the cards if that happens. Gold’s latest rally comes on back of last week’s US airstrike near Baghdad’s airport that killed General Qassem Soleimani, 1 of Iran’s Top military […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 Index gained 28.9% as Stocks enjoy best year since Y 2013 US financial markets will be closed Wednesday for New Year’s Day Tuesday, Wall Street’s major stock market indexes finished higher as the Santa Claus Rally driven by trade optimism, capped a decade of amazing returns in which […]
$GOLD, $NEM, $FNV, $WPM, $XAU, Gold is waking up into year’s end, and so are gold stocks. With stocks booming in Q-4, demand for precious metals has ebbed a bit. But, gold and gold stocks are seeing massive money inflows too. Shares of the world’s Top gold miners are breaching resistance are returning to uptrending […]
$DXJ, $SPY In Y 1972, Yale Hirsch, a stock market analyst and author of the annually published book titled “Stock Trader’s Almanac,” identified and named an apparent stock market anomaly. He called it the Santa Claus Rally because it usually occurred during a 6-session stretch beginning with the 1st trading session after Christmas day and ending with […]
$GLD, $XAU, $SLV, $XAG, $PLAT, $USD Gold marked its biggest weekly gainer in more than 4 months, with a decline in USD boosting demand for the precious Yellow metal as an alternative asset. The Buck slipped Vs all of its peers, on track to erase its Y 2019 gains. Gold has gained 18% this year, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX The S&P 500 finished little changed Friday and the NAS Comp ended an 11-day streak of gainers after some late-session weakness, the DJIA another record as investors play the Santa Claus rally. The DJIA rose 23.53 points, or 0.08%, to 28,644.92, the S&P 500 gained 0.07 points, or 0.00%, to […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Thursday was another record-setting day on Wall Street, with the NAS Comp rallying 0.8% to cross the 9000 mark for the 1st time. The S&P 500 (+0.5%) and DJIA (+0.4%) also closed at new highs, thanks to mega-cap leadership and a strong finish into the close. The Russell 2000 finished flat. […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Wall Street’s indexes set new records again, The Trump Policies are working President Trump is the main reason for the recent strength in the stock market, more so than the impartial evaluations of how the economy is performing, Nobel-prize winning economist Robert Shiller said during a appearance Sunday. Dr. Shiller […]
$DIA, $SPY, $QQQ, $RUTX, $AAPL, $VXX Wall Street stocks marked another record closing high Monday, as the DJIA gained 10,000 points since Donald Trump was elected President. The Dow’s high point on Monday was 28,337.49, it closed at 18,332.74 on 8 November 2016 The index has rallied more than 54% since President Trump’s election victory, while the benchmark S&P […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Am seeing earnings revival boosting stock rally in Y 2020 But 1st, this is what happened last week: The Federal Open Market Committee (FOMC) has held steady and is not going to raise rates in Y 2020. Chairman Powell is also open to bond purchases. The Consumer Price Index (CPI) […]
$XAU $GLD $USD $GS Gold’s impressive advance in Y 2019 may be set to move into the New Year. As 2020 looms, BlackRock Inc., the world’s largest money manager, remains constructive on bullion as a hedge, while Goldman Sachs Group Inc. and UBS Group AG see prices climbing to 1,600 oz, a mark last seen […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stock Market Rally Awaits President Trump’s China Trade Dispute Decision DJIA futures fell slightly Sunday night, along with S&P 500 futures and NAS futures. The Big Q: Will President Trump suspend new China tariffs set for 15 December, or will he escalate the China trade dispute, imposing duties on a […]
$GLD $XAU, $SLV, $XAG, $USD Macro events stalled the rally in Gold over the past 2 months. Now, it appears Gold is set up for another rally pushing much higher. Gold broke down from a Bull Market in Ys 2012/2013, that is nearly 7 years ago. Now, Gold has broken resistance near 1375 and is technically […]
$XAU, $GLD, $USD, $XAG, $SLV Now it is the time of year to predict where gold prices will go in Y 2020. The forecasts’ are worth paying attention to because the experts use a number of factors, ranging from central bank policy to geopolitics to cycle analysis, to make their calls. There is something for […]
$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 […]
$XAU, $XAG, $GLD, $SLV, $USD The title of this analysis may seem perplexing, but it’s really isn’t. Gold can rally up and down. In fact, any market can. They just can’t do it at the same time. Gold and Silver bottomed several days ago and they are now moving higher and their rally is likely to continue […]
$XAU, $GLD The recent sell-off in gold has triggered massive gold demand from India. Recall that India had been dormant since June, when the Government increased the import duty by 25% on imported kilo bars. But the lower price of world gold, combined with India’s peak seasonal gold buying period has unleashed India’s gold importation […]
$DIA, $SPY, $QQQ, $RUTX, $VXX About 20% of S&P 500 members reported earnings this week, and on balance they have beaten expectations. That has persuaded investors US companies are weathering the trade storm and reminded them slowing global growth is not the same as no global growth, or Risk On! Stay tuned… The Big Qs: […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Week in Review: Cyclical sectors lead S&P 500 back to record levels in earnings-driven advance The S&P 500 advanced for the 3rd week running, rising 1.2% and nearly setting new record highs as investors remained pleased with earnings reports. The DJIA rose 0.7%, the NAS Comp rose 1.9%, and the […]
Most Asian markets rose Thursday following a positive lead from Wall Street, while the pound was marginally higher as traders await the next Brexit move with the EU expected to extend Britain’s divorce deadline yet again. While US earnings on Wednesday were a mixed bag, investors remain broadly upbeat after better-than-forecast results so far have […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stock market guru, Jim Cramer said President Trump has the upper hand in the China trade distpute because tariffs are hurting the Chinese economy way more than the US economy. “Hate him or like him, he has them where he wants them,” Mr. Cramer said on TV Friday. “I always […]
$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 […]
$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 […]
Sunday, President Trump and Indian Prime Minister Narendra Modi shared a stage and showered each other with praise at a “Howdy, Modi!” rally attended by upward of 50,000 people, a rare mass showing for a foreign leader on American soil. President Trump called the huge gathering a “profoundly historic event,” was greeted with a standing […]
$XAU, $GLD, $GOLD, $NEM, $USD Emerging markets have/are adding to gold holdings, undeterred by prices near their highest levels in more than 6 years, as countries such as Russia and China diversify their Fx reserves, a trend we believe that is likely to continue. Central bank buying is important to the supply/demand dynamic for the […]
$DIA, $SPY, $QQQ, $RUTX, $SOY, $VXX US stocks extend rally on trade developments, ECB stimulus measures Tech gains led the S&P 500 and the NAS Comp higher, while financials gave the biggest boost to the blue-chip DJIA, which closed up for the 7th session running, its longest winning streak since May. Stocks rose worldwide as […]
$XAU, $GLD $USD Russia and China are stockpiling gold, helping to drive the precious Yellow metal to its highest marks in more than 6 years. The People’s Bank of China has added about 100 tonnes of gold to its reserves since December. Russia has bought 106 tonnes bullion so far this year. “They can read the […]
$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 […]
$XAU, $GDX, $GLD, $HL, $NEM, $CDE, $AU, $HMY Tuesday, shares of gold miners were broadly higher in afternoon trading, as worries about escalating US-China trade tensions, data showing a surprise contraction in the US manufacturing sector and uncertainty surrounding BREXIT has helped fuel demand for safe-haven gold. The VanEck Vectors Gold Miners ETF GDX, +1.71% rallied 2.2% with 39 […]
$XAU, $SRM, $WMP, $CAGDF, $GOLD, $NEM Spot Gold hit new 6-year highs and is trading late Monday at $1,526.89 oz as I write this article. The precious Yellow metal has rallied in Y 2019 in part due to global economic concerns like the US-China trade dispute, record levels of negative-yielding debt globally and signs of […]
$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 […]
$XAU, $GLD, $USD Money manager, Jeffrey Gundlach predicts that gold’s price will continue North along with the run up in negative-yielding bonds. “At this point, I think the way to think about it is, as long as the volume of negative interest rate bonds outstanding increases, it’s quite likely that gold moves higher in a […]
$XAU, $GLD,$USD, $GS Analysts at Goldman Sachs (NYSE:GS) predict that gold prices already at 6-year highs will climb to $1,600 oz over the next 6 months as investors seek safe-havens. The dimming global economic outlook, driven by heightening trade tensions between the US and China are boosting gold’s appeal as a hedge against financial chaos. […]
$XAUUSD, $XAU, $GLD, $GDX Tuesday, Gold prices fnished higher, marking a 3rd straight gainer a day after the precious Yellow metal extended its rally toward fresh 6 year highs. Gold for Dec delivery GCZ19, +0.68% on COMEX rose $7.70, or 0.5%, to settle at $1,484.20 oz, after closing 1.3% higher Monday, extending its highest finish for a most-active […]
$XAU, $XAUUSD, $GLD FLASH: The Gold markets pulled back during the week, but then found enough support at the uptrend line of the ascending triangle to reverse and break above the Key $1450 mark Friday, US Gold futures settled near 6-year highs +1.8% at $1,457.50 oz, helped along by prospects of safe-haven investments,trade threats from […]
$GLD $XAU FLASH: Gold Bugs are betting there is more to the precious Yellow metal’s rally than interest rates. Gold is on its way to a 3rd straight monthly gainer, trading near 6-year highs as central banks signal easier monetary policy. The Fed is expected to cut U.S. interest rates by a Quarter point Wednesday. […]
$DIA, $SPY, $QQQ, $GLD, $XAU, $USD FLASH: Investors now have no doubt that the Fed will cut interest rates on 31 July for the 1st time in more than 10 years and it is the beginning for the path to near Zero, with no recession in sight. For weeks, money managers have bet on a […]
$GLD, $XAU Gold prices rose Friday, after slipping to more than 1-week lows in the prior session, as soft US inflation numbers offset better-than-expected Q-2 economic growth that kept bets alive for an interest rate cut next week. Spot gold was last seen up 0.4% at $1,419.10 oz Friday, but still on track for the […]
$SPY, $SPX FLASH: The S&P 500 is on track for its best YTD return in more than 20 years, the catalyst: cheap money ahead. The broad-market benchmark is up 20.7% YTD, which would represent the richest year-to-date return for the S&P 500 SPX through July 26 since Y 1997, when it gained 26.74%, according to Dow […]
$XAU, $GLD The SPDR S&P 500 ETF Trust (NYSE:SPY) has rallied 37.5% in the past 3 years, while the SPDR Gold Trust (NYSE:GLD) has lagged, gaining just 5.7% in that frame. Now comes Bridgewater Associates hedge fund manager Ray Dalio, who has recently said gold could be gearing up for a “Gold Bug” decade of returns. Paradigm Shift: in […]
$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 […]
$XAU, $GLD, $GOLD, $NEM, $USD FLASH: The prospects of the Fed cutting interest rates to near Zero this year has gold rallying to 6 year highs. Institutional investors like gold as a hedge against uncertain times, as gold has held value over centuries. The Big Q1: But does it make sense for individual investors? Here […]
$XAU $GLD August Gold gaped higher early Thursday, then faded finishing at, + $5.05 higher +0.4 % at $1427.85 oz Not a surprise because because of the resistance in here, so, it is going to take something special to power this market higher. Gold looks to be consolidating to build up enough pressure to finally break […]
$BTC, $BTCUSD FLASH: Bitcoin (BTC) Not a Game for Casual Players Financial markets experts agree that fast run-up in prices is a bubble. And the Big Q is always when/not if, its price will crash, and the effect of a crash? The Financial Stability Oversight Commission recently came out with a report listing challenges to financial stability, […]
$XAU, $GLD, $USD The People’s Bank of China (PBoC) said Monday it raised reserves for a 7th month running in June, adding 10.3 tonnes, following the inflow of almost 74 tonnes in the 6 months through May. Last week, Poland said it more than 2X’d its gold assets over this year and last, becoming the […]
$BTCUSD, $FB, $JPM, $V, $UBER Bitcoin (BTC) jumped Friday, and is set to mark the best Quarterly rally since the height of Y 2017’s cryptocurrency bubble with another push higher following a week of extreme price volatility. Bitcoin, the largest cryptocurrency, rose $1,408, or 13%, to $12,094 in New York trading, and it has has […]
$XAU, $GLD, $USD FLASH: The Fed is likely to have made at least 2 rate cuts by then So, we see a window of opportunity for gold to rally before inflation subsides in 2-H of Y 2020. Gold extended its rally, marking the biggest monthly advance since the UK voted to leave the EU in […]
$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 […]
$DIA, $SPY, $SOX, $QQQ, $RUTX, $USO, $OIL, $VXX FLASH: Crude Oil prices rose after 2 Crude Oil tankers were attacked off the coast of Iran, the US blamed Iran for the attack fueling energy stocks to lead the advance. Crude Oil tankers came under attack Thursday near the strategic Strait of Hormuz, with 1 of […]
$DIA, $SPY, $SOX, Investors heavily exposed to US stocks just had their best week YTD. But the rebound has raised several questions related to market behavior, policy and economics. How they are answered will prove consequential not only for market prospects but for the global economy. And, notwithstanding the lack of decisive answers at this stage, […]
$XAU, $GLD, $USD Last week’s price action in gold indicates that buyers know where the value is, but the lack of conviction may be holding them back. This is likely because of the strong USD. But, if you look at the price action on 23 May, you will see just how powerful of an influence […]
By Jim Collins The Big Q: Will they or won’t they? The “they” in the Q is the Federal Reserve’s Federal Open Market Committee FOMC), led by Chairman Jerome Powell. The action is obviously a cut in the fed funds target rate. Chairman Powell, much like his predecessors Janet Yellen and Ben Bernanke, is fond […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Global equities declined Wednesday, capping a 3-day winning streak after the Fed held rates steady as expected, but comments from Fed Chairman Powell cast doubt on whether the central bank’s next move would be a rate cut, as expected. The Fed left its Key interest rate unchanged Wednesday and […]
$GLD, $XAU By Jim Curry Last week’s trading saw gold forming its high in Monday’s session, here doing so with the tag of the 1295.20 figure. From there, weakness was seen into Thursday, with the precious Yellow metal dropping all the way down to a Thursday low of 1273.00 before bouncing slightly to end the […]
$DIS, $QCOM, $AAPL, $INTC, $KMI, $NWL, $XAU We have been see over the past weeks stocks moving back to their all-time highs marked in September 2018. And are seeing the drive further North from here. A few blue chips have been surging in the past week, and are far higher than they were back in […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The S&P 500 gaped open after better than expected China’s Manufacturing PMI (actual 50.5; expected 49.5; prior 49.2) and Non-Manufacturing PMI (actual 54.8; expected 54.5; prior 54.3) reinforced the idea that global economic activity is rebounding. The upbeat tone drove a rally in stocks with high-beta groups like the […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Infrastructure, healthcare and defense stocks stand to rally in the wake of President Trump being cleared by Special Counsel Robert Mueller of conspiring with Russia in the 2016 US Presidential election. Financial analysts are saying such stocks could run North as President Trump shifts his focus back to policy-making, […]
$GLD Gold markets rallied Monday, after initially pulling back a bit to find some buying. The $1325 level is just above, and that is an area of resistance due to the psych significant mark. Beyond that, if it breaks above that mark it would not only break that big number, but will also break above […]
$DIA, $QQQ, $SPY, RUTX, $VXX FLASH: The Benchmark 10-year Treasury yields fell to their lowest levels since December 2017 Monday as investors evaluated last week’s Dovish pivot by the Fed. Last Wednesday the FOMC stunned investors by abandoning projections for any interest rate hikes this year and saying it would halt the steady decline of […]
$HGC1, $CU FLASH: Managed Money Driving Explosion in Copper (CU) Options in Big Bet on Prices A persistent Copper shortage has spurred a 32X explosion in the COMEX options market over the last 2 years as hedge funds and other speculators move to cash in on rising prices. Copper at the close in Chicago Tuesday: […]
$DIA, $SPY, $QQQ FLASH: 10 years Friday the US stock market hit the bottom of the Great Recession. Today, 10 years later, the US stock market is acting as if the economic expansion, now in its 117th month, is going to continue and likely accelerate. The S&P 500 is up 10% YTD The benchmark index […]
$CNY, $USD, $GS FLASH: The RMB Yuan’s rally has more room to run as China’s economic recovery picks up The currency will advance about 1.5% to 6.6 a USD in the next 12 months, says the Chief China economist at Goldman Sachs in Hong Kong. That is more Bullish than Goldman’s 6.7 forecast in January. […]
$GS, $MS FLASH: There is Big money heading to Chinese stocks After MSCI Inc. announced Thursday that it would boost the weighting of China’s onshore shares in its emerging market index, more than $46-B is set to pour in from funds that track the gauge. Chinese equities climbed to the highest since June Friday, leaving […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Sidelined investors join this Bull market rally, as retail stocks outperform following earnings reports from Lowe’s ($LOW), Best Buy ($BBY), and TJX ($TJX) Investors came back into US stock funds during the week ended 20 February. It has been the best start to a year for the S&P 500 since Y 1987, breaking a 5-week […]
FLASH: This a Special Report, looking ahead at this leg of the longest Bull run in market history The US Stock Market: The Bulls Vs The Bears Russell 2000 +16.4% YTD NAS Comp +12.6% YTD DJIA +11.0% YTD S&P 500 +10.7% YTD US stocks rallied late last week into options expiration, even as some analysts felt like they should […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The ‘smart money’ is still refusing to chase the US stock market rally. While US stocks kept moving North posting their best January in 30 years, hedge funds managers aka smart money, held their cautious stance, trimming Longs while boosting Bearish bets along the way. At the start of […]
FLASH: Speaker Pelosi (D:CA) Seeks Deal as Wall Deadline Nears Pesident Trump and House Speaker Nancy Pelosi struck starkly different tones in their border security standoff Wednesday, as President Trump planned a rally in a Texas border city he says exemplifies the need for a Wall and Mrs. Pelosi said she’d back any bi-partisan deal […]
$SPY The data reveals that hedge fund money has not been chasing the January late December – January rally in US stocks. It is on the sidelines. According to Macro Risk Advisors, these big-money managers are acting much more like it is the aftermath of the Y 2008 financial crisis than the relatively low-volatility environment […]
$GLD, $SLV, $USD There are Key elements set up to extend Gold’s from just after the Y 2008 global recession to the precious Yellow metals Y 2011 all time high, signalling a comeback this year. Gold Bugs are looking for a break out of its 5 year range, and technically it looks as though that […]
John Hussman, PhD, aka The Perma-Bear: “At its core, investment is about valuation. It’s about purchasing a stream of expected future cash flows at a price that’s low enough to result in desirable total returns, at an acceptable level of risk, as those cash flows are delivered over time. The central tools of investment analysis […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Chicago Fed President Charles Evans (FOMC voter) expects rate hikes to continue, adding that the Fed can show some patience before resuming rate hikes. Boston Fed President (FOMC voter) Eric Rosengren does not rule out changes to the pace of balance sheet reduction on a slowdown. Fed policymakers said last […]