Long bonds could be ready to rally closer to 102 as the big test at around 92 held-this means that:
Over the weekend I mentioned how on Valentine’s Day, I talked with Jon Erlichman of Bloomberg about what tradeable instrument I would date and which one I would marry.
He also asked me, to comment on which instrument I believed …
On Valentine’s Day, I talked with Jon Erlichman of Bloomberg about what tradeable instrument I would date and which one I would marry.
For the record, I said I would marry silver.
Lo and behold, silver perked up on Friday …
Natural gas prices could be bottoming.
From October 9th, 2023, when prices in futures traded at 3.325 until February 20, 2024, when prices troughed at 1.60, natural gas prices fell nearly 60%.
Plus, nat gas is at the lowest price …
MarketGauge has several quantitative trading models.
We use our own proprietary indicator to rank the strongest performers in all the models.
This model is our Sector Rotation Portfolio with conservative risk parameters.
The top TSI ranking sector is and remains …
November 15, 2021, Granny Retail XRT made a new all-time high at 104.31.
Currently, with SPY DIA QQQ and many other tech stocks making new all-time highs, XRT remains stronger now than in recent times, but quite far from the …
While the financial world waits for NVDA earnings and watches a correction in many of the MAG 7 and other related tech stocks, a lot of noise erupts.
The biggest noise is whether this is the top.
Those of you …
Currently, there is no real reason for the Federal Reserve to either hike or lower the interest rates.
The overall market has absorbed these rates better than most expected.
Even with the CPI and PPI coming in hotter than expected, …
Last night after the sell off, we had this to say:
“For junk bonds and small caps, the next day or two will be very telling on whether this a buyable dip, or the start of a bigger correction.”
We …
Over the weekend I wrote about junk bonds (HYG) as our clue as to when the market might stop rallying.
HYG gapped lower today breaking beneath its 50-DMA.
And worse, also fell right to the January 6-month calendar range low …