World Stock Markets Running Due North, China Will Stimulate

World Stock Markets Running Due North, China Will Stimulate

#WallStreet #trend #bullish #ISM #C19coronavirus #FakeNews #stocks #markets $DIA $SPY $QQQ $RUTX $VXX The S&P 500 rose 1.6% Monday in a Bullish start to the week, but it was the NAS Comp (+2.2%) and DJIA (+1.8%) that gained the advantage on the day. The NAS closed at another record high, the Russell 2000 underperformed the […]

Gold Finishes a Strong Month

Gold Finishes a Strong Month

$XAU $GLD Gold traded lower Thursday en route to its best month since Y 2016 on the massive amounts of stimulus from governments worldwide intended to stem the economic damage caused by the COVID-19 coronavirus outbreak. Bullion usually benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency […]

Gold, the Safe-haven Investment Alternative

Gold, the Safe-haven Investment Alternative

$DIA $SPY $QQQ $RUTX $VXX $GLD $XAU $USD Gold Dealers Report Big Shortages of Small Bars and Coins Gold has been and is the traditional safe-haven of choice for investors looking to protect themselves against stock market dives. When Bear markets come on, gold often performs very well. Gold is off a bit this Spring, […]

Trump White House Tracking the Trend of the MegaVirus

Trump White House Tracking the Trend of the MegaVirus

Just in: The Trump White House model now projects at least 100,000 coronavirus deaths in US. As millions of Americans confront considerable hardships, President Trump and his coronavirus task force members warned late Tuesday that the United States would suffer between 100,000 to 240,000 fatalities in the best-case scenario. The Trump White House officials are relying on […]

Gold Price Technical Outlook

Gold Price Technical Outlook

$GC $XAU $GLD Gold futures rose Tuesday, rebounding from a 5-session decliner after the Fed’s announcement to boost lending eased fears over a contraction in liquidity. US equity markets recovered some after Monday’s steep decliner, after the Fed stepped in and putting more liquidity into the economy. This triggered the relief rally in gold because […]

Gold Price Technical Outlook

Gold Price Technical Outlook

$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 […]

Gold: Would Not Chase it in Here

Gold: Would Not Chase it in Here

$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 […]

Gold Futures: Technical Analysis

Gold Futures: Technical Analysis

$GLD, $XAU Gold futures traded higher late Thursday despite extremely low volume. Traders are saying the market is being underpinned by the lack of details over the US-China trade deal, and the political uncertainty in Washington. The low volume is being attributed to position-squaring ahead of the Christmas and New Year holidays. At 20:35 GMT, February […]

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 […]

As Gold Tops $1,400 oz…

As Gold Tops $1,400 oz…

$XAU, $GLD, $USD FLASH: There has been a dramatic change in the sentiment of Gold Bugs Bold prices have risen this month, passing $1,400 oz for the 1st time since Y 2013. There have been good reasons to be Bullish the precious Yellow metal. Everything from Dovish central banks, technical indicators, negative-yielding bonds are all working […]

Gold Price Uptrend Confirmed, 34-Day Cycle Just Ahead

Gold Price Uptrend Confirmed, 34-Day Cycle Just Ahead

$GLD Last week’s action saw gold forming its peak for the week in last Monday’s session, here doing so with the tag of the 1256.60 figure (February, 2019 contract). From there, a gentle correction was seen into late-week, with that decline coming as the result of a smaller 10-Day component – though with the upward […]

Savvy Investors Are Buying Blockchain Technology Stocks

Savvy Investors Are Buying Blockchain Technology Stocks

Savvy Investors Are Buying Blockchain Technology Stocks $IBM, $GBTC, $BR The technology known as blockchain is what the cryptocurrency market is built on. However, that is not its only function, it is also being used to change nearly every industry that deals with transactions and ledgers. Yes, there is Key connection between blockchain and cryptocurrencies, […]

INFINITI Partners with Motor Trend Group Bringing Inaugural Japanese Automotive Invitational toPebble Beach Automotive Week

INFINITI Partners with Motor Trend Group Bringing Inaugural Japanese Automotive Invitational toPebble Beach Automotive Week

INFINITI is partnering with Motor Trend Group to bring the inaugural Japanese Automotive Invitational to this year’s Pebble Beach Automotive Week on August 25 and 26. This new event aims to bring even more diversity to the premier celebration of classic, vintage automobiles and demonstrate the prowess Japan brings to the industry. The 2-day Japanese […]

Blockchain Getting the Attention, Bears Feasting on Cryptos

Blockchain Getting the Attention, Bears Feasting on Cryptos

Blockchain Getting the Attention, Bears Feasting on Cryptos $BTCUSD Savvy voices in the nascent industry are calling for a balanced approach regarding regulations which will let the technology to thrive and innovate.  Blockchain continues to get a growing amount of attention from businesses and investors, and the fundamental tool of cryptocurrencies is an important element of […]

Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending

Rising Student Debt Hurts Housing and Consumer Spending Rising student loan debt looks to harm the overall US economy, especially home ownership and consumer spending, a top Federal Reserve official said Monday. The rising debt also might erode colleges’ and universities’ ability to elevate lower-income students. New York Fed President William Dudley cited research from […]

Apple Inc.(NASDAQ:AAPL) Trending Above Average

Apple Inc.(NASDAQ:AAPL) Trending Above Average

Apple Inc.(NASDAQ:AAPL) Trending Above Average Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. The projected upper bound is: 121.43. The projected lower bound is: 113.76. The projected closing price is: 117.60. Candlesticks A black body occurred […]

Procter & Gamble (NYSE:PG) Bulls Push this Stock Higher

Procter & Gamble (NYSE:PG) Bulls Push this Stock Higher

Procter & Gamble (NYSE:PG) Bulls Push this Stock Higher Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 85.46. The projected upper bound is: 91.12. The projected lower bound is: 86.72. The projected closing price is: 88.92. […]

BHP Billiton (ADR) (NYSE:BHP) Bullish Trend

BHP Billiton (ADR) (NYSE:BHP) Bullish Trend

BHP Billiton (ADR) (NYSE:BHP) Bullish Trend Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 29.56. The projected upper bound is: 34.98. The projected lower bound is: […]

China South City Holdings (HKG:1668) Prices to Stabilize in the Short Term

China South City Holdings (HKG:1668) Prices to Stabilize in the Short Term

China South City Holdings (HKG:1668) Prices to Stabilize in the Short Term Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 1.60. The projected upper bound is: […]

Bank of America (NYSE:BAC) Trending Upwards

Bank of America (NYSE:BAC) Trending Upwards

Bank of America (NYSE:BAC) Trending Upwards Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 14.32. The projected upper bound is: 16.06. The projected lower bound is: […]

Gold Strong on US Fed Uncertainty and BOJ’s Stimulation

Gold Strong on US Fed Uncertainty and BOJ’s Stimulation

Gold Strong on US Fed Uncertainty and BOJ’s Stimulation $GLD, $SLV After Wednesday’s FOMC statement Gold fell on mildly Hawkish notes of the statement. Then, as the markets digested the Fed’s characteristically non-committal comments that gave no indication as to the potential timing of a future rate hike, the precious Yellow metal surged on the […]

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton

Fed’s Economic Downgrade Helps Donald Trump, Hurts Hillary Clinton The FOMC did not (could not) raise interest rates, but it signaled a new turn for the US economy, South. Wednesday, the US Fed downgraded its economic outlook for the rest of this year, which will impact the Presidential election if the forecast is right. In […]

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They

Offshore Buyers Drive Canadian Home Prices Higher or Are They With house prices up by double digits in Canada’s Toronto and Vancouver areas, offshore buyers, mainly from China, have fueled public concerns over whether they are inching the Canadians’ home-ownership dream further out of reach. These concerns have been dismissed by local economists, who say […]

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street rallied strongly Monday but finished off its highs, with the DJIA + 175 pts to finished at 17,710.71, led by a 3% gainer in Crude Oil, underpinning the energy related sector. The NAS Comp advanced 1.22% to finish at 5,775.56, and the S&P 500 gained […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This is jobs week. So, we will get to see how  many new low wage jobs the US economy added and/or how many good jobs it lost. We are in the middle of earning season, and will see some smaller energy outfits and biotech results reporting this […]