Yesterday was a big of a shakeout. The fact is that the Fed balance sheet has flatlined since mid-May. The Fed claims that it is providing $120 billion in liquidity…
The single biggest issue for the world today is that there is too much debt in the financial system. Some eye-water facts: Globally the debt to GDP ratio is 322%.…
The single biggest issue for the world today is that there is too much debt in the financial system. Some eye-water facts: Globally the debt to GDP ratio is 322%.…
The sell-off in precious metals last week barely put a dent in their rally. As I keep emphasizing, Americans see gold and silver as measures of inflation. Food prices, car…
The sell-off in precious metals last week barely put a dent in their rally. As I keep emphasizing, Americans see gold and silver as measures of inflation. Food prices, car…
Yesterday was another chop fest in stocks. Once again, the market opened up and then went nowhere for most of the session. It was only a clear and obvious late…
Stocks ripped higher early yesterday. However, there was NO follow through. The market effectively traded sideways after the early morning ramp. What’s really interesting is the fact that this happened…
Stocks ripped higher early yesterday. However, there was NO follow through. The market effectively traded sideways after the early morning ramp. What’s really interesting is the fact that this happened…
The stock market is up this morning on “start of the month” buying for pension funds and other large financial institutions. The S&P 500 did manage to close above resistance…
The stock market is up this morning on “start of the month” buying for pension funds and other large financial institutions. The S&P 500 did manage to close above resistance…
The stock market is up this morning on “start of the month” buying for pension funds and other large financial institutions. The S&P 500 did manage to close above resistance…
Yesterday the U.S. reported its worst ever quarter for economic growth a whopping 9.5% contraction that comes to an annualized pace of 32.9%. Stocks actually rallied on the news. The S&P 500…
The stock market roared higher when Fed Chair Jerome Powell announced… 1) The Fed will hold rates near zero for the foreseeable future 2) The Fed is extending its dollar…
The stock market roared higher when Fed Chair Jerome Powell announced… 1) The Fed will hold rates near zero for the foreseeable future 2) The Fed is extending its dollar…
The Fed now has a major problem on its hands. That problem is the fact that gold is ripping higher. Americans see gold as a measure of inflation. Food prices,…
The Fed now has a major problem on its hands. That problem is the fact that gold is ripping higher. Americans see gold as a measure of inflation. Food prices,…
The Fed now has a major problem on its hands. That problem is the fact that gold is ripping higher. Americans see gold as a measure of inflation. Food prices,…
Stocks are up this morning as the $USD plunges. The S&P 500 is chopping around overhead resistance (red line in the chart below). It feels like a lot is happening…
Stocks are up this morning as the $USD plunges. The S&P 500 is chopping around overhead resistance (red line in the chart below). It feels like a lot is happening…
The market finally poked its head above major resistance (red line in the chart below) yesterday. We now need to wait to see if there is follow through today. For…
