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Stocks And Precious Metals Charts – Through The Looking Glass

Stocks And Precious Metals Charts – Through The Looking Glass

“Tut, tut, child!” said the Duchess. “Everything’s got a moral, if only you can find it”. Lewis Carroll, Alice’s Adventures in Wonderland & Through the Looking-Glass Trumpolini has launched a pre-emptive strike against Justice and has fired Jeff Sessions. Stocks were on a tear higher as the midterm elections came out pretty much as expected. Those […]
Qualcomm Beats Earnings, Revenue Expectations

Qualcomm Beats Earnings, Revenue Expectations

CNBC’s Jon Fortt reports on Qualcomm’s EPS beat.  
Market Talk – Wednesday, Nov. 7

Market Talk – Wednesday, Nov. 7

Much of the Asian trading day was over when results began to appear from the US midterm elections and so markets lacked momentum. Early gains were reverted in what we now know were misinterpreted Asian market responses. The USD was sold throughout much of the day, but interesting that the Japanese Yen retained a 113 […]
Demographic Trends For The 50-And-Older Workforce – Wednesday, Nov. 7

Demographic Trends For The 50-And-Older Workforce – Wednesday, Nov. 7

Note: This commentary has been updated with the latest numbers from Friday’s Employment Report. Our earlier update on demographic trends in employment included a chart illustrating the growth (or shrinkage) in six age cohorts since the turn of the century. In this commentary, we’ll zoom in on the age 50 and older Labor Force Participation Rate (LFPR). But […]
Here Are The Hidden Risks That Will Sink Tesla

Here Are The Hidden Risks That Will Sink Tesla

Elon Musk’s Tesla has been struggling financially since its inception and has lost over $1.1 billion in 2018 alone despite a surprise profit in the third quarter. As much as Tesla has been struggling, I just wanted to point out that Tesla’s struggles are occurring during the largest wealth bubble that has ever occurred in America’s […]
September 2018 Headline Consumer Credit Growth Slows

September 2018 Headline Consumer Credit Growth Slows

The headlines say consumer credit rate of annual growth slowed relative to last month. Our analysis shows overall growth from last month. Analyst Opinion of the Consumer Credit Situation Not only does this data set suffer from backward revision (at times moderate to significant enough to change trends), but the use of compounding (projecting monthly […]
Fed Rates – Kept Same On Thursday?

Fed Rates – Kept Same On Thursday?

Fed Rates – Stocks Rally On Election Day With the 0.63% rally in the S&P 500 on Tuesday, the stock market is only down 6% from its September peak. It is up 3.06% year to date. This rally continues to vindicate my short term bullishness. I’m still bullish in the short term. CNN Fear and […]
Lines Trampled

Lines Trampled

The bulls have absolutely trampled the bears today. I’m proud of the fact that I suggested ERX, XLB, KBE,and some other longs near the end of October at what turned out to be great prices. I’m not so proud of the fact that, personally, I sold them only a few days later! Because it’s clear that “the bounce” is still going on, […]
GBP/USD: Big Bounce As Brexit Negotiation Clock Ticks Toward Midnight

GBP/USD: Big Bounce As Brexit Negotiation Clock Ticks Toward Midnight

The US midterm elections have come and passed, and with the results coming in broadly as expected (Democrats taking control of the House, Republicans retaining the Senate), we’ve seen minimal reaction in the FX market. In fact, the US Dollar Index is currently changing hands at 96.00…within a few pips of where it was when […]