Archives by Month:

Archives by Year:

Gold Under Careful Observation

Gold Under Careful Observation

The technical situation of gold didn’t change after yesterday’s session. Will the 4-hour chart give us any clues about the next move? Technical Picture of Gold Looking at the daily chart, we see that gold moved lower yesterday and tested the 2023 peak once again. Despite this downswing, bulls stopped their opponents and triggered a […]
US Drop To Number 23 In The World Happiness Report

US Drop To Number 23 In The World Happiness Report

Please consider the World Happiness Report for 2024.Key Happiness Details Overall Rankings: The top 10 countries have remained much the same since before COVID. Finland is still top, with Denmark now very close, and all five Nordic countries in the top 10. But in the next 10, there is more change, with the transition countries of Eastern […]
The Fed Stand Pat, Is “Highly Attentive To Inflation Risk”

The Fed Stand Pat, Is “Highly Attentive To Inflation Risk”

Federal Reserve Press Release (Emphasis Mine) Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent […]
Grains Report – Wednesday, March 20

Grains Report – Wednesday, March 20

WHEAT General Comments: Wheat was higher again yesterday on reports of higher prices for Russian Wheat. Russia is the worlds largest exporter and sets the world price. It looks like the current prices have accounted for most or all of the bad news to hit Wheat futures. USDA made no changes to its balance sheets […]
What Options Markets Expect For Today’s FOMC Meeting

What Options Markets Expect For Today’s FOMC Meeting

This afternoon we have the most highly anticipated FOMC meeting since, well, the last one six weeks ago. Expectations for a rate cut are essentially nil, even if the probability of a June cut has crept back up to about 70%. Today’s activity will be driven primarily by traders’ interpretation of Chair Powell’s demeanor, and the newest […]
Healthcare And Biotech Update With Market At 2024 Highs

Healthcare And Biotech Update With Market At 2024 Highs

Image Source: Unsplash Healthcare and  Biotech Stock Update A diversified portfolio should be developed in  healthcare with biopharmaceuticals, MedTech and speculative SMID caps. The bull market is intact with technology Stocks dominating, but XLV is up 6.89%YTD. Large Cap Biopharmaceuticals are best positioning with ABBV, LLY, MRK but biotech overall (IBB) is trailing. These are wild […]
“Are You Better Off Than You Were Four Years Ago?”

“Are You Better Off Than You Were Four Years Ago?”

No economic news today, so let me take a look at the supposed killer recent GOP meme that they claim is completely unanswerable: “Are you better off today than you were four years ago?”This is based primarily on consumer sentiment reading as well as polling that has consistently shown that most people think that the […]
Diversification, Equity And Indices

Diversification, Equity And Indices

The results of S&P DJI’s latest SPIVA U.S. Scorecard are in: Most large-cap active managers underperformed the S&P 500® for the 14th consecutive year in a row. 60% of active large-cap funds underperformed the S&P 500 in 2023, slightly better than the long-term average of 64%, and a relatively benign result considering the dominance of the U.S. equity […]
Fed Has Cover For Rates Cuts But Inflation Not Giving Up

Fed Has Cover For Rates Cuts But Inflation Not Giving Up

Today is FOMC statement day when their two-day meeting ends and Jay Powell gives his press conference after a statement is released keeping interest rates where they are, commenting on inflation and then letting everyone know that rate cuts are on the way later than sooner.The stock market model for the day is plus or […]
Is S&P 500 Nearing Turning Point With Spring Equinox?

Is S&P 500 Nearing Turning Point With Spring Equinox?

Image Source: Unsplash It is always worth keeping a close eye on the stock market price action around this time of year.18 months ago, it was the first day of fall that seemed to be a great time to buy stocks… and again this last fall. Heck, even spring of 2023 was good. But the broader point […]