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Copper/Gold Ratio: Still Counter-Cyclical

Copper/Gold Ratio: Still Counter-Cyclical

Image Source: Pexels  Copper: Cyclical, inflation sensitive, and a material of positive economic progress.Gold: Much more counter-cyclical, less inflation sensitive and a ‘liquidity haven’ material of long-term monetary value.I have not posted the monthly chart of the Copper/Gold ratio probably since last year, as 2023 has been all about disinflationary Goldilocks recovery, rather than a deflationary liquidity crisis. […]
AgMaster Report – Wednesday, Nov. 22

AgMaster Report – Wednesday, Nov. 22

JAN BEANS Like all weather markets, Beans went up on the hot & dry forecast for N Brazil, then corrected 70 cents last week when rains were forecast for last W/E – then rallied back 60 cents this week when the rain coverage was disappointing & mkt pundits predicted a return to “hot & dry” […]
Inflation Is Down, But Is It Contained?

Inflation Is Down, But Is It Contained?

Image Source: Pexels Mish and Maggie discuss issues for the Fed, what the market and tech must do, how commodities are the thing, and a couple of new picks.Video Length: 00:31:43More By This Author:Equity And Inflation Outlook Recap And Action Plan: Small Caps, Beans, Oil Oil, Commodities And Small Caps
Stocks Move Higher Before Thanksgiving Break

Stocks Move Higher Before Thanksgiving Break

Wall Street is higher ahead of tomorrow’s Thanksgiving break. The Dow Jones Industrial Average (DJI) is up triple digits midday, following the University of Michigan’s consumer sentiment index for October, which signaled optimism. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are higher as well, with Treasury yields near two-month lows. Deere & Company (NYSE: DE) is seeing ample activity […]
Americans Increasingly Tapping Into Their Retirement Accounts To Make Ends Meet

Americans Increasingly Tapping Into Their Retirement Accounts To Make Ends Meet

Image Source: Pexels “Resilient” American consumers are digging into their retirement funds to pay their bills.Mainstream financial pundits, politicians, and Fed officials keep telling us the economy is strong because Americans keep spending money. They just assume this is a sign of economic strength without ever asking exactly how they’re paying for all of this “robust” […]
We Need To Discuss The Bond Market ASAP

We Need To Discuss The Bond Market ASAP

Image Source: Pixabay The bond market is getting wild. Big moves in a lot of places including several many aren’t paying close enough attention to. The previous selloff in LT USTs has kept focus on that one segment in this single market. Not only are there crucial warnings in the other UST curve spot, other curves are […]
Russell 2000 Earnings Dashboard 23Q3 – Wed., Nov. 22

Russell 2000 Earnings Dashboard 23Q3 – Wed., Nov. 22

Image Source: Pexels Russell 2000 Aggregate Estimates and Revisions The 23Q3 Y/Y blended earnings growth estimate is -10.9%. If the energy sector is excluded, the growth rate for the index is -7.1%. Of the 1,722 companies in the Russell 2000 that have reported earnings to date for 23Q3, 61.0% reported above analyst expectations. The 23Q3 Y/Y blended revenue growth estimate is -2.9%. If the energy sector is excluded, the growth rate for […]
Nvidia Triples Revenues On AI Chip Boom: ETFs To Buy

Nvidia Triples Revenues On AI Chip Boom: ETFs To Buy

Image Source: Pixabay Nvidia (NVDA – Free Report) reported blockbuster third-quarter fiscal 2024 results, demonstrating robust growth and setting new records for revenues and earnings. It topped both earnings and revenue estimates and offered a bullish revenue outlook for the current quarter on booming artificial intelligence (AI) demand for its high-powered chips.Despite the blowout results, Nvidia shares dipped […]
Rally In The Mining Stocks? More Like A Pause…

Rally In The Mining Stocks? More Like A Pause…

Gold is trying so hard to move above $2,000… The dramatic attempt gets many heads turning, but… It doesn’t look good.It doesn’t look good because gold is pretty much the only part of the precious metals market that’s been moving much higher recently. $2,000 is slightly above gold’s 2011 high… In nominal terms. In real […]
Are Technology Stocks Ready To Lead The Next Bull Market?

Are Technology Stocks Ready To Lead The Next Bull Market?

Image Source: Unsplash The main engine of the domestic economy and stock market indices is the technology sector.No doubt about it.Technology stocks have lead the stock market for over two decades, so it’s always worth watching the Nasdaq indices and how they are faring. Today we provide an update.Below is a long-term chart highlighting the performance […]