November 16th, 2019
Sometimes, it is the lower odds option that wins out in the markets. 100-1 long shots do win horse races. But as Damon Runyon put it: The race may not always be to the swift nor the victory to...
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November 9th, 2019
Many are calling this a ‘melt-up’ phase in US stocks – and they are right! The latest ‘terrific’ news that the MSM have jumped on is the intimation on Thursday the Tariff War is all but over. The Dow...
November 2nd, 2019
Now we know – the party’s not quite yet over. The Fed lowered by 0.25%, the stock market fell and then recovered yesterday to post new ATHs in the S&P and Nasdaq – but crucially, not in the Dow. ...
October 26th, 2019
Next week should be interesting. First, the Fed reports on Wednesday. Second, Brexit happens on Thursday the 31st (Halloween). Warning – only one of these statements is true! Stocks continue to levitate, despite all of the less than impressive...
October 19th, 2019
I have rarely seen a more divided stock market than this. The money managers are uber-bullish as they expect the Fed to keep the balls in the air, while the retail crowd is expecting the end of the world...
October 12th, 2019
Bloomberg has reported that global Gold ETF bullion holdings are at a record high and have been growing for 17 straight days – also a record run. So with a surge of buying of Gold ETFs, is the Gold...
October 5th, 2019
My heading last week was “Have stocks really topped?” And on Tuesday, as the stock indexes were resuming a normal uptrend following a small dip, we got the answer as they very suddenly turned tail with a vengeance at...
September 28th, 2019
ANNOUNCEMENT To celebrate the fifth anniversary of my VIP Traders Club, I am opening the doors and you will receive a week’s worth of my Trade Alerts starting Monday. You will see in real time how we manage our...
September 21st, 2019
Last week the ECB and Fed did their monthly thing by getting hordes of analysts scurrying around trying to guess what they would do. In the end, nothing much changed. The Fed was forced to bring the Fed Funds...
September 15th, 2019
My bottom line: GOLD/SILVER – Bearish US DOLLAR – Bearish STOCKS – Bearish T-BONDS – Bearish In August. I posted two major comments on gold/silver with these headings: Gold is hot – should you buy? Is it time to...
September 7th, 2019
MY BOTTOM LINE: GOLD/SILVER – Bearish STOCKS – Bearish US DOLLAR – Bearish T-BONDS – Bearish Regular readers know that I have been tracking the dollar’s highly convoluted path up to my projected high for some time –...
August 29th, 2019
August is traditionally a volatile month in the stock markets – and this one is no exception. Already we have seen five large waves of 1,000 pips in the Dow up and down this month. As I noted to...