Archives by Month:

Archives by Year:

Market Predictions Roll-In As China/U.S. Trade War Rhetoric Rises

Market Predictions Roll-In As China/U.S. Trade War Rhetoric Rises

Coming into the trading week, Finom Group (for whom I am employed) outlined for subscribers its belief that a market bottom hadn’t been found as of yet and volatility would likely head higher before its inevitable decline. Monday investors found a deeply troubled equity market environment whereby the Dow was up more than 300 points […]
Another Gap Higher

Another Gap Higher

The S&P 500 is looking to open higher again this morning following some crazy late-day trading yesterday. It may sound hard to believe, but today’s positive open will be the 11th time in 22 trading days this month that equities opened the day higher. Even though this has been one of the worst Octobers on […]
6 Things To Know Before Trading The Swiss Franc

6 Things To Know Before Trading The Swiss Franc

You probably have heard of the popularity of Swiss bank accounts as offshore savings accounts for investors. Switzerland is well-known for being a neutral territory. It’s the global destination of choice for investors looking to keep capital outside of their own countries, and relies heavily on the banking sector to support its economy. Likewise, Switzerland’s […]
Currency Manipulator

Currency Manipulator

Oil prices continue their slide on fears that the U.S. China Trade War will continue and derail economic and oil demand growth. The Wall Street Journal reported that China guided the yuan to its weakest official level in a decade on Tuesday—a move that could fuel expectations of a further, self-reinforcing slide. TheWSJ says that the […]
Stock Market Bottom?

Stock Market Bottom?

(Video length 00:21:36) Have we seen bottom? If today’s price action is an indication the answer is no! The US Dollar continues to rally which will pressure the price of gold, oil and silver.
Technically Speaking: A Sellable Rally?

Technically Speaking: A Sellable Rally?

In this past weekend’s revised newsletter format, I noted the markets were due for an oversold rally. To wit: “While technically there is a weekly confirmed sell-signal in place, the very oversold condition continues to suggest a short-term rally back to the top of the current trading range is likely.” Yesterday, the markets surged out of […]
GE Cuts Dividend To 1 Cent Amid Huge Earnings Miss, $22 Billion Writedown

GE Cuts Dividend To 1 Cent Amid Huge Earnings Miss, $22 Billion Writedown

General Electric cut its dividend for the second time in less than 12 months – slashing the quarterly dividend from 12 cents a share to a penny – only the third reduction since the Great Depression which will save GE about $3.9 billion a year, as it reported earnings that missed analyst expectations and unveiled […]
Has The Rebound In US Consumer Spending And Income Peaked?

Has The Rebound In US Consumer Spending And Income Peaked?

Most economic measures continue to paint an upbeat profile for the US, but yesterday’s September report on consumer spending and income hints at the possibility that softer growth is approaching. There’s still no clear sign of rising recession risk on the immediate horizon, but it’s reasonable to wonder if the surge in economic activity following Donald Trump’s […]
Iron Lady Of Europe Quits. Will Gold Replace Her?

Iron Lady Of Europe Quits. Will Gold Replace Her?

On Thursday, Mr. Draghi held a press conference. But the real thunderbolt hit on Monday, when Ms. Merkel announced that she would step down this year as a leader of her conservative party. Will that lighting make gold shine? Draghi Says That We Shouldn’t Worry Let’s start with the latest ECB’s monetary policy statement and the following Draghi’s […]
E
                                                
                        Markets: Noise

E Markets: Noise

One man’s music is another man’s noise – a derivation of Lucretius – “quod ali cibus est aliis fuat acre venenum.” Music and food maybe the required mix ahead of today’s trading in the US. Market moves on headlines about trade dominated overnight. Bloomberg reported Monday that more tariffs were being prepared if the Xi meetings at the […]