Archives by Month:

Archives by Year:

What Can The FOMC Do For An Encore?

What Can The FOMC Do For An Encore?

Image source: Pixabay We came into today with the mindset that the big news of the day would be the FOMC meeting and Chair Powell’s press conference.CPI was certainly on the agenda, but it seemed to be a secondary consideration.  Did the CPI report steal Powell’s thunder?This morning’s CPI report was an unmitigated stunner, beating on […]
Silver Pops Back Over $30 After CPI And Fed Is On Deck

Silver Pops Back Over $30 After CPI And Fed Is On Deck

Image Source: Pixabay The latest government inflation numbers were released this morning, and after they came in lower than expected, gold and silver have surged again.Of course just a few hours after the CPI data was released, the Fed is also releasing its latest policy statement and hosting another Jerome Powell press conference.And while all of […]
T-Bill And Chill? Naw Bro, We Got Gold…

T-Bill And Chill? Naw Bro, We Got Gold…

“Bonds are certificates of guaranteed confiscation.” ~ Franz Pick In an inflation-driven world, new money is always the best money.That’s why when a bond matured you were getting a good thing.You got paid out with new money at its current valuation.But it’s not looking that way any more…Government spending is out of control. It’s about the […]
CPI Vs. Fed

CPI Vs. Fed

Both stock and bond market bulls are basking in the sun today as this morning’s inflation data for May came in weaker than expected across the board. Headline CPI came in flat (0.0%) month-over-month (MoM) versus estimates for +0.1%, while core CPI came in at 0.2% MoM versus estimates for 0.3%. Unfortunately for bulls, we […]
May CPI Continued To Be All About Shelter

May CPI Continued To Be All About Shelter

Consumer prices in May showed no inflation at all, as a decline in gas prices helped the headline number come in unchanged. YoY inflation decelerated -0.1% to 3.3% – continuing in the narrow 3.0%-3.4% range it has been in for the last year.The bottom line remains that almost the entire inflation “problem” is with shelter, […]
Andrew Tate’s DADDY token shows “huge insider activity”; investigator profile blocked

Andrew Tate’s DADDY token shows “huge insider activity”; investigator profile blocked

An investigation by Bubblemaps recently identified substantial insider trader activity related to Andrew Tate’s token DADDY. Insiders reportedly acquired 30% of the token’s supply at its inception, before Tate’s promotion on social media platforms. These insiders allegedly hold over $45 million worth of $DADDY currently. Following the publication, Tate blocked Bubblemaps on X.The DADDY deployer […]
Fed Update – Cost Of Living Index At All-Time High – Dow To 50,000

Fed Update – Cost Of Living Index At All-Time High – Dow To 50,000

Image Source: Unsplash Today is FOMC statement day. The model for the S&P 500 is plus or minus 0.50% until 2 pm and then volatility with a rally. There are two problems with the model today. First, stocks have rallied smartly into the meeting which pulled forward the anticipated strength. Second, this morning’s CPI release came […]
In A Bizarre Statement, Trump Says Bitcoin Should Only Be Mined In The U.S.

In A Bizarre Statement, Trump Says Bitcoin Should Only Be Mined In The U.S.

Image courtesy of 123rf.com Former President Donald Trump is calling for the centralization of Bitcoin (BTC) mining in the United States, arguing it would help the country achieve “energy dominance.” In a post on Truth Social, Trump declared, “We want all the remaining Bitcoin to be MADE IN THE USA!!!” He further suggested that U.S.-based mining could serve […]
Stocks Pop On Renewed Interest Rate Cut Optimism

Stocks Pop On Renewed Interest Rate Cut Optimism

Wall Street is higher across the board today, as investors react favorably to cooler-than-expected inflation data. The Dow Jones Industrial Average (DJI) is up 87 points midday, as the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) score more record highs.May’s lower-than-expected consumer price index (CPI) sent bond yields lower, with the 10-year Treasury yield last […]
Chart Of The Day: Hims & Hers Health – Good Growth In Good Sex

Chart Of The Day: Hims & Hers Health – Good Growth In Good Sex

100% technical buy signals 11 new highs and up 79.45% in the last month 179.84+ Weighted Alpha The Chart of the Day belongs to the sex health company Hims & Hers Health (HIMS). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current […]