Job Quits Drop Again, Well Below Pre-Covid Levels
Job quits continue to plunge in nearly all job sectors.
Gold Prices Soar On Safe-Haven Demand Amid Middle East Conflict
Gold price rallied over 1% on Tuesday amid growing tensions in the Middle East as Israel’s attack on Hezbollah spurred Iran’s reaction, which launched nearly two hundred missiles.
Bearish For The Short Term
We are up over 28% this year so far; SPX up around 20%. Sentiment leans bearish for the short term.
WTI Extends Gains After API Reports Another Crude Inventory Draw
WTI spiked dramatically up near $72 on the Iranian missile attack in Israel before fading back a little
Turnaround Tuesday - Rocking October Volatility
The weekly chart shows some resistance against the 200-week moving average. If it picks up from here, we are looking at another even scarier potential.
Stocks And Precious Metals Charts - Back Into Reality
The usual safe harbors saw activity as gold, silver, and the dollar all rallied. Risk assets like stocks slumped.
Geopolitical Tensions Rise As Stocks Teeter Near Highs
Fed Chairman Jerome Powell sounded ever-so-slightly hawkish when he said the Fed was in no rush to raise rates. So it’s no understatement to call these tense, uncertain times, and that was reflected in equities’ performance today.
Disinformation Risk Threatening The Global Economy
As China is fueling global growth prospects, the real risk haunting the international economy is protectionism, sanctions and geopolitics – increasingly disguised by disinformation in the West.
Fortinet Inc. Elliott Wave Technical Analysis
On the daily chart, Fortinet Inc. is progressing through Wave 3 of an impulsive motive structure.
Rates Spark: Geopolitics Are Only Part Of The Mix
Middle East escalation acted to push bond yields lower.
Getting More Gold And $60 For GDX
The month of October begins with a pause in gold’s relentless rally against fiat. The pause is likely related to technical factors as well as the Oct 2-7 is “Golden Week” holiday in China.
Fed Injects Rate Cut Adrenaline
There were a lot of injections, of the COVID vaccine variety, four years ago, but now the Federal Reserve is injecting some financial adrenaline through stimulative interest rate cuts.
Major Indexes Slide To Start October
Stocks finished the first day of October in the red, with the Dow and Nasdaq each shedding triple digits as Big Tech suffered steep losses.
Why sanctions often fail to work
Back in early 2022, there was a great deal of optimism that sanctions against Russia would cripple its economy. Those predictions have not come true.
Manufacturing In Recession? (Revisited)
High frequency indicators (PMI, etc.) suggest — and have suggested — a slowdown in manufacturing.
Dividend Stocks With Strong Q4 Seasonality
It's the best time of year, at least for seasonality. Entering October is the strongest period of the year for three-month returns, and shorter term returns are also some of the best.
Hang Seng Index - Elliott Wave Technical Analysis
The Hang Seng Index Elliott Wave analysis for the daily chart suggests an impulsive trend, indicating strong directional movement.
Car Market Collapse Sends Major Warning To The Economy
Car stocks got clobbered as the global auto industry is heading for a major fall.
Biotech Stocks : Are You A Trader Or A Longer Term Investor?
Biotech bull market is intact as indicated by large cap biopharma and the best performing funds.
Bitcoin’s Uptober Potential: Another Rally In The Cards?
Will Bitcoin's maturity start to massively pay off by the year's end? All signs point to a positive trend.