A New Uptrend Has Started
Image Source: Pixabay SPX Monitoring purposes; Long SPX 4/12/24 at 5123.41.Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. SPY has been up 7 days up in a row; all were higher within 5 days. The second window up from the bottom is the VIX which was up […]
The Stocks Market’s Advance Stopped Ahead Of Massive Week Of Data
Image Source: Pixabay Stocks traded mostly flat today as investors gear up for a hectic week of economic data. The PPI report will be released tomorrow, followed by the CPI report on Wednesday and retail sales on Thursday. Jay Powell will also speak tomorrow.The one thing that is very clear today is that implied volatility levels […]
Stocks And Precious Metals Charts – A Whiff Of Risk
The markets caught a whiff of risk today, which elevated the VIX, and kept stocks subdued for much of the day.The Dollar chopped sideways.Gold was under pressure, silver not so much.There will be a stock market option expiration on Friday.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – Captives Of Madness […]
Real Savings And Lending: What Is The Relationship?
Image Source: Pexels Popular thinking says that lending is banking activity. Banks are believed to be responsible for the expansion of credit. However, is this the case? The Meaning of Credit For instance, take a farmer, Joe, who produced two kilograms of potatoes. For his own consumption, he requires one kilogram, and the rest he decides […]
Market Talk – Monday, May 13
ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 49.65 points or -0.13% to 38,179.46 Shanghai decreased 6.53 points or -0.21% to 3,148.02 Hang Seng increased 151.38 points or 0.80% to 19,115.06 ASX 200 increased 1.00 points or 0.01% to 7,750.00 Kospi decreased 0.42 points or -0.02% to 2,727.21 SENSEX increased […]
Shorts Surge
Thanks to a single tweet marking the return of the poster child of 2021’s meme stock mania, shares of GameStop (GME) are back in the news thanks to a soaring share price. As shown below, the stock that was at the center of the 2021 short squeeze is once again flying with gains of well over 70% […]
Dow Snaps Winning Streak Ahead Of Inflation Data
Wall Street started the week off on an unenthusiastic note, with all three major indexes holding near their midday marks. The Dow settled snapped an eight-day win streak, the S&P 500 finished marginally lower, while the Nasdaq logged a modest win. Elsewhere, the Cboe Volatility Index (VIX) logged its first win in nine sessions.In other news, a […]
CPI Watch: What Upcoming Inflation Data Means For Your Money
Image Source: Pixabay This week, Marc LoPresti and Andrew Brill dive into the critical CPI (Consumer Pricing Index) report that could redefine your financial landscape. With inflation continuing to erode the purchasing power of American consumers, understanding the nuances of this upcoming data release has never been more essential. Marc and Andrew dissect the latest inflation […]
“Is The Boom-And-Bust Business Cycle Dead?”
That’s a leading question in the NYT a little while back (just getting to this now that I’ve finished grading). America’s contemporary economy, Mr. Rieder argued in his note to clients, is less vulnerable to the boom-and-bust cycles of old — mainly because its prosperous consumers are service-oriented, less dependent than ever on factories or farms. Consumption […]
ETFs To Make The Most Of The Sector Rotation
Image Source: Pixabay Amid the latest rally, investors are flocking to defensive sectors like utilities and consumer staples in search of cheap stocks and away from cyclical sectors like technology and consumer discretionary. The strategy of shifting investments from one sector of the economy to another in anticipation of the next stage of the economic cycle […]
