Stocks And Precious Metals Charts – CPI Coming Out Tomorrow
Stocks were slumping again today.VIX marked time.The Dollar ticked up.Gold rallied sharply higher up to key overhead resistance.Silver moved sideways.CPI data coming out tomorrow.It may impinge on the Fed rate decision later this month.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – Stocks Slumped Today Stocks And Precious Metals Charts – […]
Small Business Facts Vs. Feelings
Early this morning, the National Federation of Independent Business (NFIB) released its November survey for small business sentiment. As shown below, the headline Optimism Index surged by 8 points month-over-month for its biggest jump since 1980 and up to the highest level since June 2021. The main catalyst for the surge in optimism was the election. […]
Bitcoin: Floating On Air
Image Source: Pixabay A simple observation on Bitcoin reveals that it’s floating on air following its parabolic breakout above 70,000 during the week of November 4, as shown on the following weekly chart.A break and hold below 90,000 could see a retest of major support at 70,000, or, at least, a pullback from its high of 103,990 to around 86,995 (50% of the difference between 103,990 & 70,000 = […]
Gold Prices Outlook: The Lower It Goes, The Better It Gets?
Image Source: Pexels Case for Gold Prices Beyond $3,000/Oz Remains Strong The price of gold has come under fire recently…so, has my gold prices outlook changed?On November 25, the yellow precious metal dropped the most it has within a day (open to close) in a while, which opened the floodgate of investors questioning whether gold is […]
2025 Annual Global Market Outlook: The Mechazilla Moment
Image Source: Pixabay Video Length: 00:03:10 An enduring image from 2024 will be the capture of the SpaceX booster rocket by the Mechazilla robot arms on its return to Earth. This achievement served as a powerful metaphor for the year: the improbable not only became possible but redefined expectations.We expect 2025 to be another year of […]
Hurray, China Is Buying Gold Again
Image Source: Pixabay Hurray, China is buying Gold again! The announcement by the People’s Bank of China (PBoC) is likely to have delighted the Goldbugs. We are also Goldbugs. But we are also investors who want to make successful investments first and foremost. Therefore, this week we will take a brief look behind the scenes to […]
Stocks Slide As Investors Brace For Inflation Data
Stocks continued their sluggish price action today, with all three major indexes finishing modestly lower. The Dow logged its fourth-straight triple-digit loss as the tech sector continued to churn, with software stalwart Oracle (ORCL) a latest culprit. Wall Streetow braces for November’s consumer price index (CPI) due out tomorrow morning, just as the Cboe Volatility Index logs […]
Consumer Debt Surged In October
After two months of keeping their credit cards in their wallets, American consumers pulled out the plastic again in October.A surge in card spending drove consumer debt higher by $19.2 billion, a 4.5 percent increase, according to the most recent data from the Federal Reserve. The increase in debt was nearly double expectations.It was the biggest […]
Asian Stock – China Resources Sanjiu Medical & Pharmaceutical
Company: China Resources Sanjiu Medical & Pharmaceutical Company LimitedBloomberg ticker: 000999 SZMarket cap: US$6,570mBackground: China Resources Sanjiu Medical & Pharmaceutical Company Limited manufactures and markets medicines. The Company develops and sells prescription drugs, Chinese medicines, and other related products. China Resources Sanjiu Medical & Pharmaceutical also provides logistics transportation services. World Class Benchmarking of China Resources Sanjiu Medical & Pharmaceutical […]
Gold And Silver Recover From Post Trump Election Selloff
Image Source: Pixabay Gold and silver prices started selling off after it became clear that Trump was going to win the election. Although just a few weeks later both markets have recovered in the midst of more geopolitical tension and the indication of more easing from China.Not to mention the soon to be treasury secretary talking […]
