Archives by Month:

Archives by Year:

Stocks Finish Week Higher Despite Paris Accord Flap, Job Growth Slowdown

Stocks Finish Week Higher Despite Paris Accord Flap, Job Growth Slowdown

Stocks advanced this week and the major averages closed at record high levels despite data that showed wage growth and hiring missed forecasts in May. Additionally, a number of U.S. CEOs expressed their dissatisfaction with President Trump’s decision to withdraw the U.S. from the Paris climate agreement, with two high-profile ones citing the withdrawal as […]
E
                                                
                        Trump And The Big Renewable Energy Effort

E Trump And The Big Renewable Energy Effort

With Donald Trump in the news for pulling out of the Paris Accord, we should look at this global move to renewable energy, and be concerned. Awhile back I wrote about the uselessness of self driving auto. It was pretty easy to prove the wasted efforts there. But the Renewable Energy effort is more complex to decipher.  […]
Weekly Capital Markets Technical Analysis Summary: June 2, 2017

Weekly Capital Markets Technical Analysis Summary: June 2, 2017

Stocks: US Equity indexes continued to make new highs, with exception of the Transports which are attempting a key bullish reversal after a recent price correction. Russell-2000 small caps also failed to achieve a new high and may be encountering some resistance. Lately, the real standout has been the interest rate sensitive Utilities index, which cleared […]
EUR/USD Forecast June 5-9 2017

EUR/USD Forecast June 5-9 2017

EUR/USD made an attempt to move higher but never went too far. The highlight of the upcoming week is the ECB decision. Will Draghi upgrade the assessment?  Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. ECB President Mario Draghi kept things balanced when expressed optimism about growth but worries about […]
ETF Investors Think June Rate Hike Baked In, Eyeing Shorts On Gold Rally

ETF Investors Think June Rate Hike Baked In, Eyeing Shorts On Gold Rally

On a day when the US unemployment numbers showed a noticeable number of people leaving the workforce amid a pale 138,000 jobs created – expectations were for 185,000 jobs — traders are nonetheless preparing for a 25 basis point increase in the Fed Funds June rate hike. Traders expect June Rate Hike Financial analytics firm S3 Partners, Ihor Dusaniwsky, […]
Don’t Expect Fed To Cause Apocalypse

Don’t Expect Fed To Cause Apocalypse

Don’t expect Fed to cause Apocalypse The Fed has ample room to shrink its balance sheet by draining excess commercial bank reserves held at the Fed without causing either the economy to crater or debt and equity markets to crash. Indeed this has been rapidly underway since the start of 2016. As mentioned previously the […]
FV
                        Sector: Be Open To Enormous Upside In Stocks

FV Sector: Be Open To Enormous Upside In Stocks

Autos And Liquidity Preferences

Autos And Liquidity Preferences

When looking at the bond market or eurodollar futures, both tugged by JPY, I don’t think it was just the payroll report that pushed new levels of anti-reflation today. Instead, there is too much that is consistent with a weak payroll report, and by that I mean a string of them. Yesterday, for example, automakers […]
Crude Oil Inventories Drop Once Again – Where Are The Oil Bulls?

Crude Oil Inventories Drop Once Again – Where Are The Oil Bulls?

Although the EIA showed a larger-than-expected drop in crude oil inventories, the black gold closed the day only four cents above Wednesday’s closure. Where are the oil bulls? Fundamental Factors and Crude Oil Yesterday, the Energy Information Administration showed that crude oil inventories dropped 6.4 million barrels, exceeding the 4.4 million-barrel drop forecast. Additionally, gasoline […]