Can stocks blast off to new heights with the kinds of news we had last week?
And if gold completes its major ‘bottom’ pattern...
Is it time for gold to outperform stocks?
First, let’s quickly review some of the headlines …
The old stock trader axiom, “Don’t fight the Fed” may need to be updated to, “Don’t fight the GPIs”.
Last week the Official Monetary and Financial Institutions Forum released a report innocently entitled, “Global Public Investors – the new force …
Last Tuesday’s Wall St. Journal ran two “shocking” stories on the front page that surprised most readers in much the same way the upcoming market correction will take these same readers by surprise.
What correction? What two shocking stories?
First, …
Not to be outdone by his US counterpart, namely the Federal Reserve, Mario Draghi lowered interest rates yet again to .15% to spur sluggish growth and fight off deflation.
Getting people to spend money when they are not in the …
Newly retired former CEO of Microsoft Steve Ballmer agreed to purchase the LA Clippers for a measly $2.35 billion dollars, arguably one of the worst performing NBA basketball teams, historically speaking. However, the team has improved recently and home games …
Signaling a change to the fed policy of letting the markets know its intentions is quite a big tell in and of itself.
The Maestro, former Fed chairmen Allen Greenspan, was notorious for obscuring what he was thinking and came …
In one of the most difficult markets to trade, highlighted by the disparity between small caps, high flying momentum stocks and big caps, the question remains... what forces have been pulling those stocks down? Will those forces persist and end …
If you are looking for logic from the current market action across various asset classes you might have to wait till the Cows come home or Cattle prices retreat. Many traditional inter-market relationships have simply broken down.
For example, Cattle …
This week, women have had a smorgasbord of negativity tossed at them. It ranged from Hillary Clinton dodging a shoe toss while giving a speech and ended with the literal tossing out of Kathleen Sibelius, Secretary of the United States …
Considering all the hupala about Michael Lewis’s new book , Flash Boys, I would like to weigh in on the subject matter. Having been an independent floor trader on all the NY Commodities exchanges and having develped several high end …
