The net aggregate differential between buy and sell side indications inched up from -193 to -146. The indicator has been trading in a narrow, indecisive…
1:30 pm : Results from the latest auction of 7-year Notes were just posted. Treasuries have been driven higher in response, even though dollar demand was still the third lowest of the year, so that yields are at session lows.
Dollar demand totaled $82…
If there’s a single picture that tells the story of the woes of the US Economy, this one may be it. The Fed’s pumping has…
Why the long face? Haven’t you heard the word from the talking heads? Everything is coming up roses. Sugarplums are dancing in our heads. The markets are just beginning their race to the moon. The bull train is leaving the station but, if you hurry,…
Interesting commentary posted on the gold-eagle website….here’s an excerpt, followed by the link….
Many commentators have posited that the US Federal Reserve will not hike interest for several years. It is my contention that the Fed CANNOT raise…
The S&P 500 has had an impressive run over the past two months, rising 13.2% since the end of August. The index is up 1.3% since the start of earnings season two weeks ago, and up 5.9% on the year. While the S&P has risen, the valuation has actual…
A downward swoop for early openers although the Kiwis are off the lows, currently -0.1%, Nikkers -1.6%, Aussies -1.7% and Sth Korea -1.8%.
Cycle based stock screening data was mixed on Tuesday. Most of the losses were due to the natural reductions in new short term buy signals…
Cycle based stock screening data weakened across the board on Friday. Most measures were also weaker than they were at the early September lows. Click…
Just one simple chart to see how the triple-leveraged financial ETF from Direxion was perfoming during the rally from March lows:
The performance is compared to simple, not leveraged financial ETF (XLF). As you can see the slippage is amazing. I’m curious to know what is your downside target for the correction (if the correction ever […]