Gold •142 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 975.10 | +4.60 | +0.47% | |
WTI Crude •6 hours | 71.24 | +1.14 | +1.63% | |
Gasoline •6 hours | 2.061 | +0.002 | +0.10% | |
Ethanol •142 days | 2.161 | +0.000 | +0.00% | |
Silver •142 days | 30.82 | +1.16 | +3.92% |
Silver • 142 days | 30.82 | +1.16 | +3.92% | ||
Copper • 142 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 5 hours | 75.17 | +0.94 | +1.27% | ||
Natural Gas • 6 hours | 3.129 | -0.210 | -6.29% | ||
Heating Oil • 6 hours | 2.275 | +0.001 | +0.02% |
Contributor since: 26 Feb 2010
Chris Ciovacco is the Chief Investment Officer for Ciovacco Capital Management, LLC.
Tapering Is Base Case, But... The Fed's tea leaves still infer the base case is some form of tapering to their bond buying campaign in…
Don't Fight The Fed What exactly does the expression don't fight the Fed mean? The Fed wants to drive asset prices higher (stocks, housing, &…
Improving Economy The good news is good news scenario is one where the markets focus on an improving economy. The good news is bad news…
In an environment where financial markets are probably more dependent on the action of central banks than at any point in our lifetimes, the markets…
Higher Than Expected The if/when associated with the Fed's plan to taper its bond purchases got a "sooner rather than later" economic data point Tuesday.…
Dual Mandate Says No Major Changes Coming In 1977, Congress amended The Federal Reserve Act, stating the monetary policy objectives of the Federal Reserve are…
Reaction to Fed Minutes Sometime between late Wednesday and mid-day Thursday, we should get a read on the market's true reaction to the minutes from…
With stocks posting gains Monday and early in Tuesday's trading, it appears as if investors are taking the glass half full approach to earnings season.…
Publicly-traded companies and analysts from Wall Street's biggest wire houses are experts at setting low expectations and then exceeding them. From Bloomberg: Overall, analysts expect…
Stocks rallied to kick-off the holiday-shortened week on better than expected economic news. From Bloomberg: The Institute for Supply Management's (ISM) manufacturing index increased to…
1994: Not A Good Time For Investors As we noted on May 31, bad things tend to happen when interest rates spike as they did…
Experienced traders and investors respect and understand the concept of "Don't fight the Fed". The basic rationale behind the expression is that when the Fed…
The next formal policy statement from the Federal Reserve could prove to be unfriendly to the current stock rally. Based on history, it is reasonable…
The market currently has a mixed profile; the bears have control of the daily trend, but the bulls have not given up the weekly trend.…
Spike in Rates Could Spook Stocks In recent weeks, interest rates have moved significantly higher. Rising interest rates are typically a good sign for the…
All Investing Involves Opportunity Costs According to Wikipedia, the opportunity cost of a choice is "the value of the best alternative forgone, in a situation…
Since the S&P 500 made an intraday low of 1,536 on April 18, the widely-followed stock index has tacked on 130 points and the markets…
Stocks Break Above Twelve Year Base The market's recent shift back into economically sensitive assets tells us stocks could continue their surprising march higher despite…
It is an understatement of grand proportions to say the financial markets are complex and have a lot of moving parts. Therefore, looking at what…
Trends Improve After Recent Stumble For most of us that work on Wall Street, it is fair to say the financial markets are more dependent…