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 […]
After a week of uncertainty the Dow Jones Industrial Average, an exhibition of the 30 strongest American outputs has made its way back to safe grounds. In not even a week since the deviant side of the market sunk 7%, it has taken back 650 points. This a blunt recovery from January; which saw further Fed tapering, lackluster US manufacturing […]
On the state of domestic markets: The last week was a euphemism for the last month(6 months really) in equity investing, which has been filled with worry and questions. With the theme of overpriced equities holding true, many investors fear that the 7% pullback over the last month is the beginning of the end… that is, the end of an insolent […]
Bitcoin is a bit of an enigma. Luring the slow to wit investment reader into believing its viability. Let’s not forget that it lost half its value in one day in early December and still has the sharpest of money managers completely baffled. As its price rises after endorsements by companies like ZYNGA, who after […]
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 […]
11/7/13 So, we’ve been out of it for a week due to travel or so but we’d like to get back on track with daily updates. Over the last two weeks we’ve been vehement on the medium term bullish signs in the market and the record highs to continue for both the S & P […]
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 […]
