The Medium-Term Trend – Wednesday, March 15
The Fed remarked today that they will continue to maintain their large Treasury holdings for the time being rather than let them roll off as many investors expected. It is believed that by maintaining these large holdings, the Fed is keeping longer-term rates low. In other words, the Fed is focusing on promoting growth over […]
Hold Off On ProPetro’s Upcoming IPO
ProPetro (Pending: PUMP) filed an S-1/A with the Securities and Exchange Commission for its upcoming initial public offering. The company plans to sell 20 million shares at a marketed price range of $16 to $19, with an additional 3 million shares as an over allotment option for its underwriters. Of these shares, 47% are being offered by […]
Did The Fed “Sneak In” A Hike Because Of Strong Stocks?
In the past, the Federal Reserve was accused of “working for Wall Street”. This claim is questionable, but there is no doubt that the Fed watches markets. It’s no secret. When the Fed basically told us that it is raising rates in March, many thought that the Fed has upgraded its forecasts and is set to accelerate […]
Fed Hikes Interest Rate, Signals More To Come
GOLD PRICE FENDS OFF USUAL HIT; PREDICTED TO SOAR BY YEAR’S END The United States Federal Reserve carried through on weeks of speculation by boosting its benchmark interest rate by a quarter point to a range between 0.75 and one percent. This marks the second straight quarterly increase, and the first of three forecast by […]
Fed Day – Wednesday, March 15
Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 112 = 20,950 SPX + 19 = 2385 NAS + 43 = 5900 RUT + 20 = 1382 10 Y – .08 = 2.51% OIL + 1.24 = 48.96 GOLD + 21.10 = 1220.70 Today is Fed Day. Policymakers at the Federal Open […]
Daily Trading Opportunities – Thursday, March 16
During the session on Thursday, there are a lot of announcements that could move the markets. The day should be volatile, but there three markets look particularly interesting to us. WTI Oil While rising above the hammer from the previous session on Wednesday was a good sign, it is likely that the fundamental reasons for […]
It’s Official – Emerging Stock Markets Break Out After U.S. Fed Rate Hike!
The U.S. Fed decided to hike rates with another 25 basis points. Markets were quite volatile after the announcement. Interestingly, there was a lot of fuzz on price changes in stocks, gold and currencies, but almost nobody was talking about the moves in what is becoming one of the most attractive markets: emerging stock markets. Today, […]
Fed Hike Incoming
In this article, I will discuss my prediction of what the Fed will do on Wednesday. I am writing this article before the announcement, but you may be reading it afterwards. It’s still valuable insight because it gives you an idea of where the Fed is in the monetary cycle. The three parts to discuss are […]
