Archives by Month:

Archives by Year:

EUR/USD Trades With Mild Gains Above 1.1050 Ahead Of German Retail Sales, US PCE Data

EUR/USD Trades With Mild Gains Above 1.1050 Ahead Of German Retail Sales, US PCE Data

Image Source: Pixabay EUR/USD trades stronger near 1.1080 in Friday’s early Asian session.   US GDP expanded more than expected in Q2.  Cooling inflation from Germany and Spain supports the case for an ECB rate cut in September.  The EUR/USD pair recovers some lost ground around 1.1080, snapping the two-day losing streak on Friday during the early Asian […]
Why I’m Zeroed In On Tech Right Now

Why I’m Zeroed In On Tech Right Now

Image Source: UnsplashNow that we’ve got Nvidia’s (NVDA) earnings out of the way, our focus needs to be on a broader rebound in the tech sector, and specifically on the Nasdaq. This will be key, especially in terms of the sustainability of this bull market in stocks.This is the Sector Bullseye newsletter, after all. And if […]
Financial Markets Report For Thursday, Aug 29

Financial Markets Report For Thursday, Aug 29

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, August 29.Video Length: 00:12:25More By This Author:SPDR ETF Report For Monday, Aug 26Financial Markets Report For Monday, Aug 26Morning Flash Report For Monday, Aug 26
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Aug 29

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Aug 29

Image Source: PexelsTonight, I am including the DJI cash chart, which follows the NQ and ES. I again have to start by saying that the overall “pictures” have not changed in that the two views that I continue to run side by side remain the same. Both, then are updated with levels. I also discuss the […]
The Market Jumps Early, Only To Give Back All Of The Day’s Gains

The Market Jumps Early, Only To Give Back All Of The Day’s Gains

Image Source: UnsplashWell, it looks like yesterday’s implied volatility ramp higher came back to bite the market today. The early IV crush in the VIX 1D went from 21 to 11, sending the S&P 500 surging by almost 1% to start the day. But by day’s end, it was all gone, with the index closing the day […]
German Inflation Data Tilts Balance Towards A September Rate Cut

German Inflation Data Tilts Balance Towards A September Rate Cut

Image Source: PixabayThe just-released flash estimate of German inflation in August has everything the ECB needs to continue cutting rates at the September meeting. Coming in at 1.9% year-on-year, from 2.3% YoY in July, German headline inflation is now at the lowest level since March 2021. The European inflation measure came in at 2.0% YoY, from […]
Gold Shines Despite Robust US Economic Growth

Gold Shines Despite Robust US Economic Growth

Image Source: Pixabay Gold prices climb despite upbeat US Q2 GDP revision and drop in unemployment claims. Despite rising US Treasury yields (10-year at 3.86%) and DXY up 0.33% to 101.38, Gold’s upward trend continues. Focus shifts to upcoming core PCE data, expected to slightly increase, potentially impacting Fed decisions. CME FedWatch Tool shows 65.5% likelihood […]
Here Are A Couple Of Helpful Comparisons For “Getting” This Market

Here Are A Couple Of Helpful Comparisons For “Getting” This Market

Image Source: Pexels Nothing happens in a vacuum and everything’s connected – the thing that makes markets interesting can also make them… well… challenging.Today, we’re going to use a different comparison device, and look at the relationship between energy and consumer spending – and we’ll confirm what we find using utilities and copper. (Not just throwing darts […]
Markets Are In A Bubble And Will Deflate 50% In Real Terms

Markets Are In A Bubble And Will Deflate 50% In Real Terms

Image Source: Pixabay Marc Faber, editor of the Gloom, Boom & Doom report, delivers a stark warning about the global economy and financial markets, urging caution and sharing strategies for investors to protect their wealth. In this thought-provoking conversation with James Connor, the renowned contrarian investor—also known as Dr. Doom—explains why he believes markets are in […]
We Never Left The Recession Of March 2020 And … Everything Has Been Getting Gradually Worse

We Never Left The Recession Of March 2020 And … Everything Has Been Getting Gradually Worse

Image Source: PixabayI subtitle this post “The Shadow of ShadowStats” which is now offline and available only by subscription. Referring to under-estimated inflation, Peter St. Onge (Heritage) and Jeffrey Tucker (Brownstone Institute) argued in June that not only are we now in a recession, we’ve been in recession for the past four years!They note that John Williams’ ShadowStats (the […]