Archives by Month:

Archives by Year:

Gold Fundamentals Not Bullish Yet

Gold Fundamentals Not Bullish Yet

Too many technical analysts dismiss fundamentals. True, technicals usually lead fundamentals but understanding the fundamental drivers (when it comes to Gold) can give you an edge. Gold and gold stocks have remained below their 2016 peaks even in the face of a very weak US Dollar because the fundamentals are not there. Real rates have […]
U.S. Treasuries: The World Is Flat After All…At Least For The Yield Curve

U.S. Treasuries: The World Is Flat After All…At Least For The Yield Curve

A recurring theme that continues to garner attention among investors has been the seemingly relentless flattening of the U.S. Treasury (UST) yield curve. Indeed, it is a topic I have addressed multiple times over the last few months, but given its ongoing importance among market participants—as well as the financial media—I feel it is necessary to provide […]
Should Investors Worry About North Korea’s Missile Tests?

Should Investors Worry About North Korea’s Missile Tests?

North Korea on Wednesday announced that it had launched another missile to test its nuclear-strike capability, which reportedly can now reach the United States. Should we be concerned? Yes, of course. For obvious reasons, every citizen of Planet Earth should be alarmed when a war-mongering government threatens to use nuclear weapons. But as investors, Kim Jong Un’s […]
US Futures, World Stocks, Bitcoin All Hit Record Highs

US Futures, World Stocks, Bitcoin All Hit Record Highs

US equity futures continued their push higher overnight (ES +0.1%), and the VIX is 1.5% lower and back under 10, after yesterday’s blistering surge in US stocks which jumped 1%, the most since Sept. 11, following Powell’s deregulation promise, ahead of today’s 2nd estimate of U.S. Q3 GDP which is expected to be revised up. […]
Sterling Charges Ahead On Brexit Hopes

Sterling Charges Ahead On Brexit Hopes

Prospects of a deal with the EU has sent sterling to its best level in two months against the dollar. It reached $1.3430 in early European turnover. It had sunk to nearly $1.3220 yesterday as European markets were closing, which was a four-day low. It is the strongest of the major currencies today, gaining about 0.4%. […]
Tax Gimmicks

Tax Gimmicks

Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB) DOW + 255 = 23,836 SPX + 25 = 2627 NAS + 33 = 6912 RUT + 23 = 1536 10 Y + .01 = 2.34% OIL – .36 = 57.75 GOLD – .60 = 1294.40 Cryptocurrency Number of Currencies: 916 Total Market Cap: $318,106,894,241 24H Volume: $16,102,299,246 Top Cryptocurrencies   […]
What Will OPEC Do Next?

What Will OPEC Do Next?

Oils traders have been watching OPEC and OPEC+ meetings closely – even though their attempt to stifle oil production had been derailed, both by some of its own members and by the U.S. ramping up their own production to offset the slowing of production. Their intent was to slow production to diminish global crude reserves […]
Bitcoin > $10,000 – Levels To Watch

Bitcoin > $10,000 – Levels To Watch

BTC/USD just crossed the closely-watched $10,000 line. This was eyed by many people and become closer to reality over the weekend. After Bitcoin achieved the big prize, is the sky the limit? Will this extra publicity trigger even higher levels such as 15K or 20K? Or will some investors and speculators cash out and sell the […]
GBP/USD Second Bullish Breakout Above 1.33 Resistance Zone

GBP/USD Second Bullish Breakout Above 1.33 Resistance Zone

GBP/USD 4 hour The GBP/USD made a bearish bounce at the resistance (red) zone but then found strong support about half way the range. The bullish bounce is showing strong momentum and price could now be ready for a larger bullish breakout. For the moment the bearish wave 4 of yesterday seems unlikely after this […]
Gold Eases As Dollar Gains On Strong U.S. Data

Gold Eases As Dollar Gains On Strong U.S. Data

Gold prices ended Tuesday’s session down $0.63 as the dollar strengthened on the back of the better-than-expected U.S. data. The Conference Board’s consumer confidence index came in at 129.5, up from the previous month’s 126.1 and above expectations for a reading of 123.9. XAU/USD traded as low as $1290.58 an ounce, but the market ended […]