The short-term trend continues to be impressive. Oil prices firmed up and the entire stock market is happy about it. The Medium-Term The weekly chart of the S&P Equal Weight is pointed higher, and...
Bank Of Japan Is In Trouble The unwind potential of the central banks’ assets that is about to hit the market is remarkable in its scope; the fact that it’s all happening at once only adds to the ...
USDJPY: The pair continues to hold on to its downside pressure closing lower on Wednesday and opening the door for more declines. On the downside, support comes in at the 111.50 level where a break if...
The Qualcomm 3Q 2017 earnings report was released after closing bell tonight. The chip maker reported non-GAAP earnings of 83 cents per share on $5.37 billion in sales, compared to the consensus esti...
Bonds go nowhere, Dollar goes nowhere, Gold goes nowhere… news is dead… But stocks limp higher on near-record low volumes as volatility is curb-stomped asymptotically to zero… Video ...
Stocks hit record highs because you know, “sacred cow” and also because of some reassuring words from the President… After a day in which it spent some time in double-digits, the VIX stayed a...
In the past few weeks, a coordinated barrage of hawkish comments by central bankers of some of the world’s most advanced economies have pushed long-term bond yields higher, clearly weighing on gold...
There is a reason why Warren Buffett regarded market-cap-to-GDP as “…the best single measure of where valuations stand at any given moment.” The reason? Its relationship with 10-year forward ret...
As noted before, the Federal Reserve’s Beige Book collection of local bank district anecdotes are fascinating for all the wrong reasons. What is revealed is not the state of the economy, but rather...