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
Gold
Weak S&P 500 Buyers, Very Weak
S&P 500 offered only a modest opening rebound, and continued one way south though my daily 4,340 “point of control”, … Read more
Selling Into Daily S&P 500 Strength
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’s Rebound – Reasonably Dovish FOMC
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
That Rally In Gold Might Not Be Over Just Yet
Reversals ARE important, especially when confirmed by high volume. Thursday’s reversal in gold worked – it rallied, just as I … Read more
Readying S&P 500 Slide
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 Positioning For CPI
S&P 500 did that anticipated modest upswing yesterday, and in spite of wavering cyclicals followed by tech selling, the buyers … Read more
Gold’s And Gold Stocks’ Loud Silence
What a beautiful nothing! Nothing really happened on the markets on Friday, but due to the context of the previous … Read more
Central Bank Gold Buying Spikes in July
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 – Bad Is Not The New Good
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
S&P 500 Upswing Soon
Entry to Sep lived up to the bearish expectation, and the short positioning in stocks proved so far correct (and … Read more
S&P 500 – No Easy Fed Ahead
Core PCE left stocks very complacent, and the breakout above 4,529 – 4,535 zone was rejected. That was the task … Read more
S&P 500 – Inflation Ambush
Today‘s core PCE is likely to dial back the unjustified easing Fed expectations, bringing 10y yield back to 4.25% roughly. … Read more
Uneasy S&P 500 Run on Easing
Yesterday‘s JOLTS stunner not only didn‘t paint the picture of economic acceleration (my humble prediction), but showed strong job market … Read more
S&P 500 – Jackson Hole Second Thoughts
Powell was firm in his “job not done” inflation fight, but stocks duly declined only in the beginning. Rising to … Read more
