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 20+ Year Treasury Bonds
October 25, 2017
A review of the day’s precious metal highlights. Video Length: 00:10:49
If you are not a charting aficionado you might think that trying to predict future price movements from past price movements is pure folly. And guess what? You would be right. What? Did I just say that? Well, yes I did
Short term Gold Elliott Wave view suggests that the rally from 10/06 low (1260.52) to 10/16 peak (1306.35) ended intermediate wave (X) then the decline from there is unfolding as a double three Elliott wave structure. As the structure of the 10/16
Maybe there is hope for the media yet. The benchmark 10-year US Treasury bond yield has passed above 2.40% for the first time in several months. In the past any similar move or technical breakout of the like was met
Stocks sold-off nearly 1% this morning before recovering half those losses by the close. It’s hard to point to one specific reason for the sell-off because there are lots of risks on the table. Whether or not tax cuts get
from the St Louis Fed Laid-off workers tend to earn less at their new jobs than their old ones. A recent Economic Synopses essay explored the reasons for this and whether the reduction in earnings worsens the longer a worker remains unemployed. The
For the last month or so I’ve been geeking out on cryptocurrencies and blockchain. I’ve done a lot of reading and listening (podcasts) to try to learn more. I’ve become convinced that blockchain is the real deal in terms of
The U.S. Deepwater Offshore Oil Industry is a trainwreck in the making. The low oil price continues to sack an industry which was booming just a few short years ago. The days of spending billions of dollars to find and
Poor Elon Musk really, really can’t catch a break. Just over the past couple of weeks he’s been forced to push back his Model 3 delivery schedule due to some “production hell” issues (like not knowing how to weld…a fairly
