Podcast: Play in new window | Play in new window (Duration: 13:15 — 6.1MB) DOW – 55 = 17,702 SPX – 6 = 2075 NAS – 16 = 5067 10 YR YLD closed 2.34% OIL – 1.14 = 43.07 GOLD – 3.00 = 1087.20
November 11, 2015
Commentary and Performance Summary Due to a conflict schedule, there will be no comments this evening. The SP-500 has now closed down 5 out of the last 6 trading sessions @ 2075.00 (-6.71 / -0.32%). The Nasdaq-100 finished the day @ 4636.94 (-4.79 / -0.10%) and
We all know what a hyper-financialized economy looks like–we live in one:central banks create credit/money out of thin air and distribute it to the already-wealthy, who use the nearly free money to buy back corporate shares, enriching themselves while creating zero jobs.
Rob McEwen provided Kitco with an insider’s view on the mining industry and physical gold investment. McEwen was the founder and former CEO of Goldcorp, the world’s fourth largest mining company, so his insights into precious metals should not be taken
It was more back and forth with gold and silver today. I thought I had already given a fairly complete overview of what I think is happening in the precious metals markets. Perhaps I need to repeat it with just
When the Fed rate hike that nearly everyone expects finally happens, a lot of U.S. companies that have been surviving on cheap debt will get pushed into oblivion. Remember, the U.S. Federal Reserve hasn’t raised interest rates since 2006. And it has
Not only does Value Line provide analysis of 1700 larger more popular stocks but they also offer a Small & Mid Cap Survey offering analysis of 1800 smaller stocks. One of their screens sorts all those stocks into percentiles of
As banks have trickled out their third quarter balance sheet filings, we gain more insight into the events of that quarter as well as some additional color as to the ongoing drama of the current one. Perhaps the most startling
Election Trends in 2015 – No Incumbent is Safe In the political sphere, this year has started with a bang, when Syriza won the Greek parliamentary election. All of Europe’s attention was focused on this outcome and its aftermath over
Asian Equity markets really had no idea which way to play today after a mixed set of economic data releases. The Retail Sales was marginally better than expected at 11% (estimates were for around 10.9%), whilst the YoY Industrial Output release failed
