Blog/Stock Indicies
Buy the Rumor – Sell the News
Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow [...]
Read More
Private Blog Update in Metals & Dow for Close 6/17/2016
We have made two updates on the Private [...]
Read More
Dow Update June 16, 2016
The Dow was doing well with the prospect of a rate hike until the Jobs Report. While on the one hand it appears that the Dow has declined because the Fed failed to [...]
Read More
Is the Fed Losing Credibility?
The Federal Reserve pushed back plans to raise its benchmark short-term interest rate, which was widely expected following the Jobs Report. Yet, this was not a [...]
Read More
Private Blog Update Dow & Gold
Private Blog Update Dow & [...]
Read More
Retail Sales of US Equities (Domestic & Foreign) Reaching Historical Low
I have been warning that this has been, perhaps, the most sold rally in history. Domestic buyers and net foreign investors are both approaching historical lows. [...]
Read More
China Corporate Defaults: Good, Bad, or just Ugly?
A fertilizer producer in north China defaulted on bond payments, which is a positive aspect as the state governments are not so eager to bail out failed companies. [...]
Read More
S&P 500 is Really Cheap
COMMENT: Dear Martin, Another element that strongly supports your view is that US equities will fly at some point in the future. If you take the trailing 10y avg [...]
Read More
Private Blog Update on the Dow
Private Blog Update on the [...]
Read More
BREXIT v Yellen
The debate shifted following the Jobs Report, and people now assume that the Fed will not raise rates. Hence, we have a bounce in gold and the euro. That [...]
Read More
