Was It Just A Bounce From The August Mini-Crash?
Two things we know. September is the worst month of the year from a seasonal perspective. And September to mid-October is seasonally weak in election years.
Gold-Back ETFs Report Net Gold Inflows For The Fourth Straight Month
Globally, gold-backed ETFs added 28.5 tons of gold to their holdings in August.
The Signs Are Clear, We Are Closing In On The End Game
First Dollar General crashes, then Dollar Tree, now the price of diamonds. The labor market is seizing up, job openings are down, layoff have surged, and the unemployment rate is ticking higher.
Payroll Report: Manufacturing Sheds 24,000 Jobs, Government Adds 24,000, Big Negative Revisions
Other than a small 0.1 percent improvement in the unemployment rate, this was a very poor jobs report with private payrolls only +74,000.
Invest In Starbucks Now? – Not A Chance
Starbucks’ (SBUX) investors have been rewarded with an annual rate of return in the upper teens if shares were acquired at the end of August 1995 and never sold. It is a very different story if shares were acquired at the end of August.
Labor Market Slows With 142K New Jobs In Aug, Dow Futures Fall 160 Points
The August U.S. jobs report revealed mixed signals, with nonfarm payrolls increasing by 142,000, below expectations.
About That Price Gap
The price gap on the SPY (and SPX, obviously) offered little in the way of support. We’ve sliced right through it. This opens up the opportunity for September to be not just good for the bears, but great.
GBP/USD Price Forecast: Holds Steady As US Data Leaves Fed Rate Cut Uncertainty
The GBP/USD seesawed during the North American session as softer US jobs data increased. This kept investors uncertain of a 50—or 25-basis-point rate cut by the Fed at the September 17-18 meeting. The pair trades at 1.3172, virtually unchanged.
$10,000 In Silver
We're looking at the silver ETF (SLV) that began trading back in 2006. Similar to the gold ETF (GLD), SLV allowed investors to gain exposure to silver in traditional brokerage accounts.
Three-Year Live Performance Review Of The S&P QVM Top 90% Indices
In this article, we will recap the methodology, review the indices’ performance, and dive into their core characteristics.
Stocks Pump And Dump After Waller Advocates For "Front-Loading" Rate Cuts, But Timiraos Intervenes To Hawk Things Up
There was a bizarre reaction in risk assets this morning after the jobs report: after first surging, everything started selling off just after the cash open, led by a huge hammer in bitcoin as usual just around the 10am slam...
USD/JPY Price Prediction: Bouncing From Close To August 5 Lows
USD/JPY is rebounding from key support near the August 5 lows. It is forming a bullish candlestick although it is not possible to be certain until the current 4-hour period ends. The trend remains bearish although a correction higher looks likely.
AI Streaming Scammer Hits a Sour Note: $10M Fraud Unveiled
Michael Smith, a musician from North Carolina, was indicted for a fraud scheme that generated more than $10 million in royalties by using AI-generated songs and bots.
Amazon Has An Incomplete Five-Wave Impulse
Watch out on a bullish continuation at the end of 2024 that can send the price back to new all-time highs for wave 5.
US Payrolls Fails To Resolve The 25 Or 50bp Rate Cut Call
The US added fewer jobs than expected in August, but there was enough in the report to keep markets guessing on whether the Fed will cut by 25bp or 50bp on 18 September.
Is GDP Overstated Like Job Growth?
A week ago, the BLS revised lower the number of employed persons by nearly 900,000. Given that revision and a slew of recent revisions in other economic statistics, we must ask if GDP is also overstated.
Our Micro/Small Cap AI Stocks Portfolio Went Down 5% In August
Most investors focus on large cap AI&R stocks that trade for hundreds of dollars yet there are a few less expensive, and potentially more explosive, small cap AI&R stocks that will get you wider exposure to that growth with less money invested.
XAUUSD Commodity Elliott Wave Technical Analysis - Friday, September 6
Gold has maintained its strong upward momentum throughout 2024, with prices nearing another high in just over three weeks.
August Jobs Report: For The First Time, Including Revisions, More Consistent With A Hard Landing
My focus continues to be on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether there is further decline towards a recession.
USD/CAD Bounces Back Strongly To Near 1.3500 After US/Canada Employment Release
USD/CAD rebounds strongly to near 1.3500 as the US Dollar reverses losses after the release of the US NFP data for August. Fewer-than-expected US job growth boosts expectations of Fed interest rate cuts this month.