Key Stock Market Indices and ETFs Trading At Breakout Resistance!
After a big year-end rally, the stock market is attempting to consolidate gains in January.
That consolidation has several stock indices and ETFs trading near...
Financial Markets: Reviewing Weeks 1 & 2 and an Outlook for Week 3
Looking at the Economic Modern Family (weekly charts), to date, they all peaked in December.
The Russell 2000, Regional Banks, Transportation and Retail, as far...
Commodities Trade Analysis: Aluminum
On January 17, Alcoa Aluminum will report earnings.
As a main aluminum producer, Alcoa announced cost-cutting measures along with plans to curtail production at one...
Bank Earnings Up: Time to Look at Regional Banks ETF (KRE)
Starting with the Jeffries Group reporting on January 9th, by Friday we will see Bank of America (BAC), JP Morgan (JPM), Wells Fargo (WFC),...
Gold’s Rally Is Lacking Momentum
Gold put together a nice rally into the 4th quarter of 2023. But the rally seems to have lost steam and may be ready...
Commodities, Inflation: Super Cycles Do Not Just Fade Away
On inflation
I like this quote-
“Goods deflation likely transitory as downward pressure on goods demand and input costs are fading. 1H24 global core inflation likely...
German Bond Yields Reach Sink or Swim Moment?
Just as interest rates are pulling back, one particular government rate appears to be nearing an important moment.
The 10-Year German Bond yield.
Below is a...
The Science and Art of Stock Market Predictions
Over the holiday I thought a lot about predictions and how they are formed.
The dictionary meaning of prediction is a statement about a future event or data.
Many...
Are Commodities Nearing the Bounce Zone?
Gold and silver have stolen the headlines while trading at elevated prices.
But there are a lot of commodities showing weakness (see Crude Oil). And...
Investors: Get Ready For 2024 With Macro to Micro AnalysisÂ
For the new year, we have given you an extensive 3-prong look at the markets.
First is the general outlook for the economy and markets...