Category Archive: Finance
Stocks And Precious Metals Charts – As Greed Turns Slowly To Fear
“Every single empire in its official discourse has said that it is not like all the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. And, sadder still, there always is a chorus of willing intellectuals […]
Fryer-flation
We sometimes like to look at the lighter side of capital markets. Or, in this case, the crispier, more tender side. Since the end of 1997, the CPI index for chicken is up about 50%. That may sound like a lot, but it’s actually right in-line with 2% inflation the Fed targets (of course, they target core […]
Buying The Steepener For A Trade
Just one more post about yield curves – I promise! With Friday’s release of the CFTC commitment of traders report, I couldn’t resist. In the coming years, I believe the yield curve steepener has the potential to be one of the all-time great trades. Eventually, I think the Fed, along with all the other developed […]
5 Best Performing No Load Mutual Funds Of Q3 2017
All the key indexes touched record highs during the third quarter, with both the Dow and the S&P 500 posting their eighth straight quarter of gains. While the Dow posted its best quarterly winning streak since 1997, the S&P 500 registered its best stretch of quarterly rise since its inception. A significant jump in tech […]
Liquidity Provider Signals Collapse In Global ETF Trading
Trading in low cost, passive investment products might be more vulnerable than some thought. Global ETF trading collapsed by 14% in Q3 2017 versus Q2 2017 – and was described as “unusually slow”. Global ETF trading in September 2017 was 24% lower than the same month a year ago. For those unfamiliar, Flow Traders NV is a global electronic […]
Richmond Fed Manufacturing Survey Declines In October 2017
Of the three regional Federal Reserve surveys released to date, all are in expansion. Analyst Opinion of Richmond Manufacturing The Richmond Fed subcategories were positive, The data is not as good as last month. Market expectations from Bloomberg/Econoday was 15 to 20 (consensus 20). The actual survey value was 12 [note that values above zero […]
Gold Bulls – Be Cautious Now
The prices of US 10-year treasury notes are at an inflection point now: Source: Stockcharts.com The chart above shows gold prices plotted against 10-year treasury notes prices. Note that each time the treasuries are close to their support (the area marked in orange), gold prices rebound. Now the treasuries are again at their technical support. […]
The Trump Trade Dump – Why It’s Coming Soon
The Donald’s twitter-finger wasted no time Monday morning slinging another verbal dart into the bull (market). Even though the talking heads will likely deny it until the cows come home, too, the stock market is hovering at its current insanely over-valued levels owing to the fantasy of a big corporate rate cut. But it’s not happening because the GOP can’t agree on a […]
Gold: Weakens On Failed Follow Through Higher
Gold: The commodity now faces further weakness after failing to follow through higher on the back of its Monday gains. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards […]
Abe’s Victory And Gold
On Sunday, Abe won the snap election in Japan. What does it mean for the gold market? Over the weekend, the general election to Japan’s House of Representatives took place. The Liberal Democratic Party coalition won, gaining 284 seats, while the Komeito got 29 seats. It means that the ruling coalition won 313 seats combined […]
