Give Gold a Chance: Considering an Age-Old Portfolio Diversifier
How does one convince investors to look at an asset whose price has gone nowhere for three years? It’s not … Read more
How does one convince investors to look at an asset whose price has gone nowhere for three years? It’s not … Read more
S&P 500 offered only a modest opening rebound, and continued one way south though my daily 4,340 “point of control”, … Read more
S&P 500 staged a dead cat bounce following Thuursday‘s slide, and so did yields retreating a bit. Coupled with Japan … Read more
S&P 500 did slide all the way till 4,465, and it was the hesitation in the 4,470s that made me … Read more
Reversals ARE important, especially when confirmed by high volume. Thursday’s reversal in gold worked – it rallied, just as I … Read more
S&P 500 made another lower high yesterday (good for a fine entry), and the sectoral composition with rising utilities isn‘t … Read more
S&P 500 did that anticipated modest upswing yesterday, and in spite of wavering cyclicals followed by tech selling, the buyers … Read more
What a beautiful nothing! Nothing really happened on the markets on Friday, but due to the context of the previous … Read more
Central banks around the world have recently shown a noticeable trend towards amassing gold, emphasizing its significance in the global … Read more
S&P 500 continued succumbing to rising yields, breaking with ease the 4,492 support, and then rebounding off the mid 4,460s … Read more
Entry to Sep lived up to the bearish expectation, and the short positioning in stocks proved so far correct (and … Read more
Core PCE left stocks very complacent, and the breakout above 4,529 – 4,535 zone was rejected. That was the task … Read more
Today‘s core PCE is likely to dial back the unjustified easing Fed expectations, bringing 10y yield back to 4.25% roughly. … Read more
Yesterday‘s JOLTS stunner not only didn‘t paint the picture of economic acceleration (my humble prediction), but showed strong job market … Read more
Powell was firm in his “job not done” inflation fight, but stocks duly declined only in the beginning. Rising to … Read more