Markets / Other

Sep 18, 2016 at 17:53

The short-term technical picture is a mixture of positives and negatives. We must wait for a clearer indication of the market's intention, and this should come over the next few…

Sep 18, 2016 at 10:58

Next month would be 35th anniversary of the bull market in long-term US Treasuries. The yield on 30-Year US Treasuries peaked at 15.2% in October 1981 and has been steadily…

Sep 18, 2016 at 10:57

U.S. stocks put a choppy week in the books as the major indexes posted minute weekly gains. For the week, Blue Chip-heavy Dow Jones Industrial Average rose a modest 0.21%…

Sep 17, 2016 at 08:20

Last week, while the major indices were up, the breadth indicators headed south. Beginning this week, seasonality heads south for the rest of the month. I expect the major averages…

Sep 17, 2016 at 07:25

Summary: Long term – on a major buy signal. Short term – on sell signals. Gold sector cycle – is down. Investors should consider accumulating gold stocks/ETFs at the next…

Sep 17, 2016 at 07:00

Is a meaningful de-risking/de-leveraging episode possible with global central banks injecting liquidity at the current almost $2.0 TN annualized pace?

Sep 16, 2016 at 18:31

Lately, Canada’s energy markets have become even more curious. The West Coast pipeline is protested because it would increase oil tanker traffic on the pristine Pacific Ocean...

Sep 16, 2016 at 18:30

Deutsche Bank and Commerzbank are presently discussing merger talks. The fact that these meetings are occurring, is a signal that Germany's banking troubles are indeed accelerating.

Sep 16, 2016 at 11:14

Hip, hip, hooray! The CPI is up more than expected, led by a huge 1.1% month-over-month surge in medical care supplies. Medical care services jumped 0.9%, and shelter jumped 0.3%.

Sep 16, 2016 at 10:48

We are living in "extraordinary" times, which will end with unpleasant consequences. The world is looking towards the Central Banks to sort out these problems, whereas, the Central Banks are…