Archives by Month:

Archives by Year:

S&P 500 ETF Looking To End Impulsive Rally

S&P 500 ETF Looking To End Impulsive Rally

Image Source: UnsplashShort-term Elliott Wave View in S&P 500 ETF (SPY) shows the rally from the October 28 low is in progress as a 5-wave impulse Elliott Wave structure. Up from the October 28 low, wave (1) ended at 459.9, and a pullback in wave (2) ended at 454.34. The ETF then rallied higher again in wave […]
January Historically A Strong Month For Gold

January Historically A Strong Month For Gold

Image Source: PixabayIf history is any indication, January will be a good month for gold.According to an analysis by the World Gold Council, gold tends to perform well in the first month of the year.Since 1971, gold has had an average return of 1.79% in January. That’s nearly three times the long-term monthly average.Over that same period, […]
Recent Stock Purchase For December 2023

Recent Stock Purchase For December 2023

Image Source: UnsplashWith December ending soon and the markets on an uptrend, I decided to add to some of my lagging existing positions. I couldn’t resist these juicy yields, as a result of stock price declines, and decided to deploy a small amount of cash this month. My preferred method has always been to dollar cost […]
Metals Report For Tuesday, December 26

Metals Report For Tuesday, December 26

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:08:39More By This Author:SPDR ETF Report For Friday, December 22Financial Markets Report For Friday, December 22Metals Report For Thursday, December 22
This Should Be Peak Week

This Should Be Peak Week

Image Source: UnsplashAssuming that, out of the blue, every single one of these doesn’t decide to break tradition! The green tints represent the PEAK of each sine wave, and the red circles represent the PEAK of each price pulse.More By This Author:A Gap In The Bill Flat-Lined Boxing DayThe World’s Top 50 Most Valuable Companies Of 2023
‘Biggest Losers’, Bullion, & Black Gold All Bid On Boxing Day

‘Biggest Losers’, Bullion, & Black Gold All Bid On Boxing Day

Image Source: UnsplashThe S&P 500 is now up over 15% since October 27th. And the Santa rally markets have been experiencing since just before Thanksgiving continues even after he dropped his presents around the world on Monday and faces the Boxing Day hangover.As Goldman’s Chris Hussey notes, a combination of… strong consumer spending in stores (12/14 […]
GBP/USD Moves Sideways Near 1.2720 With A Positive Bias Amid Stable US Dollar

GBP/USD Moves Sideways Near 1.2720 With A Positive Bias Amid Stable US Dollar

Image Source: Unsplash GBP/USD rises on elevated speculation of interest rate cuts by the Fed in early 2024. Downbeat US Treasury yields put pressure on the US Dollar. Former Dallas Fed President Robert Kaplan expects the Fed not to be overly restrictive. UK Retail Sales showed improvement in November. While UK GDP came in softer in […]
Ueda Hits The Right Notes

Ueda Hits The Right Notes

Image source: PixabaySome people have asked why I supported Japan’s decision to raise their inflation target from 0% to 2%. After all, money is roughly neutral in the long run, and by 2013 Japan had mostly adjusted to its near-zero inflation rate.I made a couple of arguments. Central banks tend to use interest rates as a […]
Stocks Grind Higher On December 26, 2023, As The VIX Melts

Stocks Grind Higher On December 26, 2023, As The VIX Melts

Image Source: UnsplashVideo Length: 00:01:02What an incredibly boring and obvious day from when I first got out of bed. The second thing I saw this morning after checking the Asian markets overnight was the VIX, which was up 5.5%. My immediate thought was, “You have to be kidding me.” We will just be grinding volatility lower […]
4 Top-Ranked ETFs Under $20 Up For Gains In 2024

4 Top-Ranked ETFs Under $20 Up For Gains In 2024

Image Source: PixabayThe U.S. market is in great shape as 2023 comes to a close, thanks mainly to a less-hawkish Fed, an Artificial Intelligence (AI) boom, and dissipating global growth worries. The S&P 500, the Nasdaq, and the Dow Jones are hovering around their all-time highs as the Santa rally took Wall Street in its grip. […]