Gold Rallies As Yellen Signals Slow Pace On Rates
Mar 30, 2016
Jeremy Parkinson
Finance
Gold prices ended Tuesday’s session up $20.76, extending gains to a second-straight session, as the dollar retreated after Federal Reserve Chair Janet Yellen stressed the need to be cautious in deciding when to raise interest rates. “Given the risks to the outlook, I consider it appropriate for the committee to proceed cautiously in adjusting policy. […]
Crude Rises After Gasoline Draw, Crude Build
Mar 30, 2016
Jeremy Parkinson
Finance
Following last week’s major surge in crude inventories, API reported a 2.6mm build (against expectations of a 3.1mm build) – 7th week in a row – which briefly jumped crude prices higher. A 319k draw at Cushing combined with draws in Gasoline (6th week in a row) and Distillates left oil pushing back to late-day highs. API Details: […]
Chart Of The Week: The Rush For Inflation Protection
Mar 30, 2016
Jeremy Parkinson
Finance
Janet Yellen thinks she wants inflation. The market thinks she’s going to get it: The hawks at the Fed are losing the battle but I suspect they will win the war – after Yellen gets what she wants.
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US Dollar Drops On Yellen’s Dovish Speech
Mar 30, 2016
Jeremy Parkinson
Finance
On Monday, we saw that the GBP/USD major was continuing an upward hike, this being considered the direct reaction of last week’s sell-off from the 1.4480 thresholds. Also, in the absence of fresh information regarding the Brexit in correlation with a weak US start, the pound made its point on Monday. The trend went up […]
Thus Spake Yellen
Mar 30, 2016
Jeremy Parkinson
Finance
Podcast: Play in new window | Play in new window (Duration: 13:15 — 6.1MB) DOW + 97 = 17,633 SPX + 17 = 2055 NAS + 79 = 4846 10 Y – .06 = 1.81% OIL – .90 = 38.49 GOLD + 20.60 = 1242.90 The Federal Reserve raised interest rates in December and indicated they would like four […]
Dow S&P Hit 2016 High
Mar 29, 2016
Jeremy Parkinson
Finance
U.S. markets spiked after dovish statements by Janet Yellen. Video Length: 00:13:57
Central Banks Need To Get Real (Not Nominal)
Mar 29, 2016
Jeremy Parkinson
Finance
While the ECB and Bank of Japan are exploring negative interest rates, the US Federal Reserve is preparing us for a slow and cautious increase in short-term interest rates. Long-term rates remain at very low levels and inflation expectations have come under pressure and also remain below what they were a few months or years […]
Silver Vs. Gold: 2 Must See Charts
Mar 29, 2016
Jeremy Parkinson
Finance
What is the better investment? Silver or Gold? Well, if we look at the following two charts below, we can spot some interesting trends. The U.S. Mint has been producing Gold and Silver Eagles for over thirty years now. Since 1986, the U.S. Mint has sold 21.7 million Gold Eagles versus 463.4 million Silver Eagles. The […]
Top 5 High-Yield Business Development Stocks To Buy Today
Mar 29, 2016
Jeremy Parkinson
Finance
Separating out the most promising stocks from the entire sector, Tim Plaehn has discovered the top five business development companies with high yields to buy today. Each has a yield above 7% (the highest is 14.6%), ample cash flow to cover dividends, and great prospects for accelerating income. The first calendar quarter of 2016 produced […]
Morningstar – Chart Of The Day
Mar 29, 2016
Jeremy Parkinson
Finance
The Chart of the Day belongs to Morningstar (Nasdaq:MORN). I found the investment research stock by using Barchart to sort today’s All Time High list first by the number of new highs in the last month, Then again for the best technical buy signals. Next I used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy […]