One of the most talked about investments of the past year has been Gold, demand sliding 15% in 2013 while it’s price dove north of 25% within the same period. So far in 2014, Gold has bounced off its heavy support level and multi-year low of 1200 to finish +9.5% the first month and a […]
For the week of 2/10, data continuing through 2/14. This is the complete filing of economic data posted within the United States: Tuesday 2/11 Wholesale Inventories -rose less than expected in December -increased 0.3% -inventories are a key component of GDP changes = goes into calculation of GDP -many believe lower than expected because current level […]
11/12/13 Today we saw more affirmations of what we’ve been preaching. Gold and silver pushes lower, the dollar strengthens and media publications focus on the Fed. Don’t fight the Fed but F the Fed, man. That’s not the story right now. It hasn’t been the story for the last six months. See my rundown […]
11/11/13 To open the week the market remained calm and awaited the next catalyst: Last week’s GDP report of 2.8% in the third quarter strengthened the dollar and of course raised speculation of a change in monetary policy. This was up from 2.5% in the second, relatively tepid but much improved to what we’ve grown […]
10/24/13 On Wednesday, Boeing rallied and Caterpillar dived as the respective Big Board companies reported numbers. Boeing’s, a maker of firearms and weaponry, had a revenue spike with an increase in arms sales, most likely a direct result of US Govt purchases flooding the system and sapping supply, which not only gave them heavy volume […]
Today cautious investors who’ve been holding the market down since the debt ceiling resolve were finally beat out by the bulls. Investors who got in late in this market are still hesitant to sell, waiting for more gains which is another attribute adding to the bull market. Earnings Season kicked off with Google exploding past $1,000 […]
