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 …
Along with China and Asian countries celebrating the Lunar New Year, the Vietnam market has been closed since February 8th.
The HOSE (Ho Chi Minh Stock Exchange) opens again this Thursday the 15th.
Since 2024 began, the index VN is …
I first became interested in junk bonds right before COVID hit in January 2020.
Note the price at the time of HYG was around 88.50.
Since HYG represents high yield/high debt companies that pay well in a risk on environment, …
Here is my post on X as of Tuesday:
Here is a thought from my Outlook 2024-
Environment - Solar stocks did not have a good 2023. For 2024, we are watching First Solar ($FSLR), and the ETF Invesco Solar …
Over the weekend I wrote about small caps and retail or the Granny and Gramps of the Economic Modern Family.
The third “inside sector” of the US economy is transportation.
IYT is also a member of the Family and as …
We woke up Friday morning to a huge surprise with the jobs report coming out much stronger than expected.
As the Federal Reserve looks closely at this number to help determine monetary policy, the initial reaction was fear of higher …
Although Microsoft and Alphabet Inc reported better than expected earnings, after hours and then with follow-up during the trading session, sellers came out to lock in gains or perhaps go short.
After all, tech has done much of the market’s …
For today, I am reprinting an interview I did for Kitco News with Neils Christensen, written by Neils.
(Kitco News) - The gold market remains in a solid holding pattern as it waits for some direction from the Federal Reserve, …
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