| Gold •505 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •15 mins | 1,529.30 | +12.10 | +0.80% | |
| WTI Crude •11 mins | 57.77 | -1.23 | -2.08% | |
| Gasoline •11 mins | 1.883 | -0.035 | -1.84% | |
| Ethanol •505 days | 2.161 | +0.000 | +0.00% | |
| Silver •505 days | 30.82 | +1.16 | +3.92% |
| Silver • 505 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 505 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 11 mins | 62.25 | -1.13 | -1.78% | ||
| Natural Gas • 11 mins | 4.586 | +0.112 | +2.50% | ||
| Heating Oil • 11 mins | 2.446 | -0.087 | -3.43% |
The stock market has made new all-time highs this year. All one could do was to stand in awe at the powerful performance it displayed. There are those who contend…
In the end, this week's action leaves us a bit wealthier, but in roughly in the same position as last week, where we smelled a top and looked for some…
It's become common lately for precious metals analysts to say central banks' actions affect the price of gold as if it's some sort of revelation. Meanwhile, central bank activity has…
Oil to Gold Ratio: Now the ratio is moving more in favour of Gold; in February this ratio was at 12.5, today it stands at 9.00 after having dipped as…
We remain in Sell Mode. We were looking for the market to turn lower into 10/19. However, that's next Friday and also options expiration.
Nothing in the past week changed my expectation that we are at or near a market cycle high. In addition to deterioration in the breadth indicators the seasonal patterns are…
The dollar is continuing its slide. In a recent article in the Financial Times, Fred Bergsten suggested the dollar could slide another 15-20% on average. Dr. Woody Brock (see more…
Wellfleet's Global Macro Program seeks to exploit price movements in financial futures, specifically stock indices, currency pairs and interest rates, through short- and intermediate-term directional trades. Trading decisions are based…
I would furthermore contend that the nature of current Risk Intermediation is seductively problematic. On a short-term basis, enormous bank and money-fund led financial sector expansion has been sufficient to…
So far, Thursday's plunge in the Nasdaq, as gauged by the QQQQ's, represents only a "minor" pullback within the dominant August-Ocotber uptrend -- unless, of course, this recovery rally represents…