Barron’s did an interview with Bond King Bill Gross in this weekend’s issue (see “Why Interest Rates Must Rise.”) While I find his incessant Fed bashing to be tiresome, Gross is still a living legend, and I take his views
April 10, 2016
I have opined in the past that expansionary monetary policies will do little for China and the economy needs gradual transformation from largely investment and production oriented economy to an increasingly consumption based economy. The chart of the day shows
For at least a few weeks now, we have noticed a growing drumbeat from a growing corps of analysts. Gold is going to thousands of dollars. And silver is going to outperform. Reasons given are myriad. Goldman Sachs apparently said
It happens to all of us, including strong sector trends, father time catches up with us and we get tired very easily. The SPDR Health (XLV) sector has exhausted buyers, and it does not help with negative fundamental news of
Gold: The commodity continues to look for additional strengthen following its strong close at the end of the week. On the downside, support comes in at the 1,220.00 level where a break will turn attention to the 1,210.00 level. Further
Wells Fargo (WFC) is down over 13% this year, while the Financials sector ETF to which it belongs (XLF) is down only 7%, and the overall market (S&P 500) is essentially flat. We believe Wells Fargo has sold off more
Video Length – 00:07:30
A dollar panic next week is a possibility. The intermediate and daily dollar cycle are both getting very long in the tooth. I expect both will bottom next week. Remember a couple months ago when everyone was expecting a rally
Welcome to edition 303 of Insider Weekends. Insider buying increased significantly last week with insiders buying $119.62 million of stock compared to $26.94 million in the week prior. Selling on the other hand declined with insiders selling $906 million of stock last
Latest Market Overview Video Length – 00:09:34
