Gold •65 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 918.70 | -11.60 | -1.25% | |
WTI Crude •1 hour | 67.67 | -1.48 | -2.14% | |
Gasoline •1 hour | 1.896 | -0.030 | -1.55% | |
Ethanol •65 days | 2.161 | +0.000 | +0.00% | |
Silver •65 days | 30.82 | +1.16 | +3.92% |
Silver • 65 days | 30.82 | +1.16 | +3.92% | ||
Copper • 65 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 25 mins | 71.06 | -1.63 | -2.24% | ||
Natural Gas • 1 hour | 2.275 | +0.021 | +0.93% | ||
Heating Oil • 1 hour | 2.115 | -0.054 | -2.49% |
Contributor since: 26 Feb 2010
All in all, January wasn't too bad. The S&P gained 4.4%. The DJ-UBS and SP-GSCI commodity indices rose 2.5% (USCI rose 4.9%). The 10y Treasury…
Europe continues to smolder, but it is about to burst into outright flame. The 'private sector initiative' (PSI) discussions, which were supposed to be completed…
Markets are finding it a little hard to believe that the Fed really said what it said. Stocks opened the day with a rally, along…
I want to state clearly at the outset that no one at the Fed was compensated in any way by me or my company for…
Markets remain mostly frozen while the news continues to flow. In a way, it's Shiller's revenge. Bob Shiller wrote in the early 1980s about the…
It wasn't the slowest day of the year so far, but that is only because of the extraordinarily weak start we have had to the…
The monthly price-a-palooza from the Bureau of Labor Statistics, coinciding with the auction of $15bln in new 10-year TIPS, also shared the day with Housing…
Stocks rallied today (but no, trading was still somnambulant - volume is still some 250mm shares per day below last year's volume to date) by…
Tuesday was another day of ho-hum trading following yee-haw news. Anyone expecting a bloodbath following the ratings downgrades clearly has not been paying attention as…
Either the strategy of releasing downgrade announcements for Europe at 4:30 ET paid off, or sovereign ratings have become largely irrelevant. On Monday, albeit a…
It was a fitting conclusion to Friday the 13th when S&P, after the close of the markets for the week, announced a list of ratings…
I will have another comment out over this long weekend, and it may well mention the S&P ratings downgrades of most of Europe, which just…
As we wait for something interesting to happen in the markets - or at least for some volume! - I thought I would write about…
Monday was another day of feeble volume in the markets, but at least today there was the excuse that there wasn't any important economic data…
On Thursday and Friday I was in Chicago, doing business but also attending the first day of the American Economic Association annual conference. Accordingly, I…
After buying stocks 'with both hands' on Tuesday, investors went with a distinctly one-handed approach as stock indices ended mixed on even lighter volume. It…
If it's January 3rd, it must be time to buy with both hands, right? Markets leapt higher today, led by commodities. In December, managers evidently…
Let me first point out what this article is not: I will make no effort to predict the 3-month, 6-month, or 12-month returns of any…
Stocks rallied today, as did commodities, in thin year-end trading (I am very tired of this latter phrase, which it seems we could have accurately…
It seems very strange to find myself suddenly on the more-optimistic side of opinion when it comes to the situation in Europe. That isn't to…