Archives by Month:

Archives by Year:

Is The Sell-Off In The Gold Market Over?

Is The Sell-Off In The Gold Market Over?

Image Source: Pixabay  The gold price traded lower this week following the stock market volatility around the unwinding of the Yen carry trade.Gold recovered on Thursday, and this morning I look at whether the sell-off is over.Video Length: 00:19:08More By This Author:Is The Stock Market Bubble Finally Popping?Retail Gold, Silver Buying Picks Up After Stock Market PlungeGold […]
Big US Stocks’ Q2’24 Fundamentals

Big US Stocks’ Q2’24 Fundamentals

Image Source: Unsplash  The big US stocks dominating markets and investors’ portfolios just reported a truly spectacular quarter. Their collective revenues neared record levels, driving their highest earnings ever witnessed. Yet despite all that, risks abound. The US stock markets have never been more concentrated, relying on fewer and fewer companies. Valuations remain deep into dangerous […]
Cisco Prepares Second Round Of Layoffs Amid Increasing AI Skepticism

Cisco Prepares Second Round Of Layoffs Amid Increasing AI Skepticism

The potential of generative AI to transform companies, industries, and societies has been widely touted around the clock by Wall Street analysts and MSM, resulting in what could be a trillion-dollar spending spree in capital investments by companies in the coming years. These investments will cover data centers, chips, AI infrastructure, and the power grid. […]
Stocks To Watch Today: Intel, Take-Two Interactive, Nikola Corporation

Stocks To Watch Today: Intel, Take-Two Interactive, Nikola Corporation

Image Source: Pexels  In a volatile trading session, three notable stocks are grabbing investors’ attention with significant news and price movements. Take-Two Interactive (Nasdaq: TTWO) surged on its latest earnings release and Grand Theft Auto 6 release confirmation, Intel (Nasdaq: INTC) dropped following a credit rating downgrade, and Nikola Corporation (Nasdaq: NKLA) soared after reporting bullish second-quarter results. […]
Japan’s Central Bank Panics

Japan’s Central Bank Panics

August began with a financial shock in Japan.The Nikkei experienced a “Black Friday” with a drop of almost -15%.After 45 years, the index had finally returned to its 1989 level… But in just a few days, it lost almost a third of its value!It all began when the Bank of Japan (BoJ) decided to raise […]
Aftershocks Continue – Looking For Volume & Great BBQ

Aftershocks Continue – Looking For Volume & Great BBQ

After Monday’s earthquake, we saw a solid aftershock on Wednesday as stocks gave up a big bounce back gain to close moderately lower. Thursday reversed the reversal with 85% of the trading volume coming on stocks going up on the day, a good sign. However, as you can see in the chart below all the […]
Optimal Gold Stock Macro Evolving

Optimal Gold Stock Macro Evolving

The macro setup for gold stocks is evolving into something that will surprise many after decades of poor fundamentalsI don’t make a habit of pumping the most frustrating stock sector on the planet just for the sake of it. I have made a habit of discussing why, since 2003, the macro market backdrop has been adversarial to […]
Stocks On Track For Weekly Losses Despite Midday Gains

Stocks On Track For Weekly Losses Despite Midday Gains

The Dow Jones Industrial Average (DJI), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) are attempting to pare this morning’s losses as they move into positive territory for the afternoon. These midday gains aren’t enough to set the major indexes on track for weekly gains, however, with the global market selloff still weighing heavy despite yesterday’s pop. The Cboe Volatility […]
Bitcoin must hold $60,600 as support for further upside, says trader

Bitcoin must hold $60,600 as support for further upside, says trader

Key Takeaways Bitcoin broke $62,000 on Aug. 8, needing to hold $60,600 as support for potential $65,000 test. Spot Bitcoin ETFs saw $195 million inflow on Aug. 8, with BlackRock’s IBIT leading at $157.6 million. Bitcoin (BTC) broke $62,000 on Aug. 8 and now needs to hold the $60,600 level as support on the daily […]
Crack One Open – Manic Metals Report

Crack One Open – Manic Metals Report

Image Source: Pexels  It might be time to crack one open for the weekend at the aluminum gap up maybe signal a bottom for all the industrial metals. Oh, sure it was helped by Chinese data. Reuters repoted that China’s consumer prices rose at a faster-than-expected rate in July, while producer deflation persisted, as Beijing ramps […]