"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •100 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 994.40 | +18.20 | +1.86% |
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WTI Crude •5 hours | 75.56 | -0.29 | -0.38% |
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Gasoline •5 hours | 2.152 | +0.001 | +0.03% |
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Ethanol •100 days | 2.161 | +0.000 | +0.00% |
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Silver •100 days | 30.82 | +1.16 | +3.92% |
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Silver • 100 days | 30.82 | +1.16 | +3.92% | |
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Copper • 100 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 4 hours | 79.04 | -0.36 | -0.45% | |
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Natural Gas • 5 hours | 2.632 | -0.043 | -1.61% | |
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Heating Oil • 5 hours | 2.344 | -0.007 | -0.30% |
Markets / Other
DeFANGed
Yesterday's bulletproof stocks, led by the FANGs (Facebook, Amazon, Netflix and Google), are getting whacked today. Amazon is down 100 points from its high, 32 of those points coming today.…
Dallas Fed's Kaplan: Market Swings May Not Reflect Economy
Federal Reserve Bank of Dallas President Robert Kaplan told Bloomberg's Michael McKee that the stock market swings may not reflect the underlying economy, and officials shouldn't overreact.
Why This Bull Market is Destined to Run for Much Longer Than Most Envision
The markets are not free; corrections end at arbitrary points. In other words, the top players decide when the markets will correct and how far they will drop and or…
Summers: Global Economy Can't Withstand Four 2016 Fed Hikes
If you ask if there are risk that we're going to find ourselves in a situation within the next two years where policy is going to have to reverse, yes.…
Stay the Course! Which One?
Each time I hear someone suggest investors should 'stay the course' as markets tank, I fear such well-intentioned advice fails to adequately capture the predicament investors are in. Worse, the…
Brilliant Bullshit!
On Tuesday evening I watched president Obama's state of the union address. It was brilliant. Obama rang all the bells, dotted all the i's, and attacked all the ghosts. At…
GBP/USD - Sliding To 6-Year Low
GBP/USD is weakening and is now trading below 1.4500. Hourly resistance is given at 1.5242 (13/12/2015 high). Stronger resistance can be found at 1.5336 (19/11/2015 high). Expected to show continued…
Up to Our Necks in it
Why is the market down? The harder question is the question of why it was up in the first place. Stocks have been persistently far above fair value measured by…
Do The Bulls Have Any Reason For Hope?
We recently outlined numerous concerns about the sustainability of the current bull market in stocks. Experience tells us that thinking we know what the future looks like is a big…
Feeling Abandoned, Saudi Arabia Ups the Ante
For investors, the outlook is for further turmoil in the Middle East with a growing risk to oil supplies and even of regional war. The problem with regional wars is…
