He tells you.
In 1862, Charles Dow started the Dow Jones and Co.
2 years later, the oldest US stock index, DJTA is founded.
The DJTA Includes railroads, airlines, trucking, marine transportation, and delivery services.
The DJTA is still closely …
Janet Yellen has led the Federal Reserve with a steady hand.
Even with the goal of winding down the Fed’s balance sheet, her “status quo” on rates stems from her uncertainty about the economy in the coming year.
The market …
When we traded on the New York Commodities Exchanges, we learned that the typical indicators one relies on, become meaningless when certain factors overtake logic.
Traders can buy up a commodity future ignoring technical resistance, overbought strength indicators and Fibonacci …
All last week, we watched the Transportation Sector represented by the ETF IYT.
It went up and down and all around the monthly channel top and the 6-month calendar range high.
It ultimately closed the week at 175.67.
Thereby, IYT …
Today we heard the Federal Reserve Chairman nominee-Jerome Powell.
Mr. Powell is mostly in-line with Yellen when it comes to interest rate policy. He views a gradual rise in rates appropriate.
The biggest criticism I found is that he is …
The Federal Reserve FOMC minutes had the hopeful bears up against the wall.
On the one hand, with an early drop in price on all the sectors plus the one index we warned about, it seemed like the bears were …
As far back as B.C. 500, Halloween began under the name Samhain.
The Celts believed the season of the sun ended and the season of darkness began.
Hence, the spirits crossed from this world to the other one. (These days, …
Art Installation: Tom Joyce
As you can tell, I am a big fan of Tom Joyce’s work!
Volatility poked its head out for one day, only to return to complacency.
Yet, is that the end of volatility’s King for a …
Welcome back some volatility!
With a down day in the market across the board, the volatility or fear index, caught eager bears and weaker bulls.
An odd day, as the TBTs or inverse relationship to the …