Markets

Mar 04, 2016 at 15:51

Oil bottomed out in February and, more importantly, it did not close below $30.00 on a monthly basis. Going forward for the outlook to remain positive, the same rule applies.…

Mar 04, 2016 at 15:49

Two of the headlines from the WSJ are pleas from economists for some sort of a philosopher king to fix things. Feldstein spent decades as head of the NBER and…

Mar 04, 2016 at 10:40

Gold's powerful surge in 2016 has been driven by utterly massive investment buying. This is a marked sea change from recent years, where investors relentlessly pulled capital out of gold.…

Mar 04, 2016 at 08:31

A quick dive into the details shows the report is a lot weaker than the headline number indicates. Of the 242,000 jobs added, 304,000 of them were part time. That…

Mar 04, 2016 at 08:03

The black swans are circling like vultures now. Dark economic events seem to be flying in out of nowhere for those who have vision to see them. Even dovish New…

Mar 04, 2016 at 07:47

It's my favorite day of the month. The Bureau of Lies and Scams issues their double seasonally adjusted, massaged to provide a happy ending, birth death adjusted unemployment propaganda, designed…

Mar 04, 2016 at 07:27

Some folks are worried that the indicators are all getting overbought but in moves like this they can give you a false sense of security as they can get embedded…

Mar 04, 2016 at 06:44

XME (Metals and Mining ETF) has been annihilated with a loss of 88% from the 2008 top (Underpriced mining stocks?) If it is capable of remaining above the 2008 low…

Mar 04, 2016 at 06:42

Gold's bullish momentum keeps going after breaking above declining channel. Hourly resistance is given at 1308 (21/03/2015 high). Hourly supports lies at 1253 (24/02/2016 low).

Mar 03, 2016 at 14:07

The Fed is stuck in between a hard place and a grenade, given this option, they will choose the hard place as unless you are looking for a one-way to…