Gold and silver and their respective ETFs continued to rally Monday, adding some actual luster to their recent resurrection in value.
Both the coronavirus blues and the largely millennial Robinhood idiots who inflated the techs to absurd heights roiled stocks again today.
Our portfolios have been pounded this week. Good inflation news helps stocks Friday, though the selling tsunami may not be over yet. (But Home Depot rules.)
Active investors are sometimes best off by laying low in the weeds and waiting for better investment opportunities.
After robustly bullish Monday trading, stocks and commodities catch the vapors in Tuesday trading action as crude inventories build. WTI off 3 percent.
Kenny Wells has always worked in his father’s profitable business, Washoe Mining. He knows his craft, but he is not his father.
Wall Street giveth and Wall Street taketh away. Right now, the Street taketh a lot, as wildly uneven trading, world events have put a lid on the Trump Rally.
Attack on ISIS-Khorasan complex in Afghanistan spooks Wall Street’s traders big time as the long Easter holiday weekend approaches.
Gold gets a kick in its lazy rear as U.S. demonstrates its military still exists. Gorsuch approved in a big Trump win, but markets say “Meh” to it all.
March market action looks more and more like a sideways correction to the Trump Rally. Crude oil, gold get back in the game.
Just when we were set to do some cautious nibbling on decently priced stocks, the bears roared back into action Tuesday morning. We continue on defense. Puts, anyone?
Meanwhile, oil catches a bid after recent downdraft while gold jumps, then takes a hit. Financials try to regain footing. “Animal spirits” back on Wall Street?
Friday job stats make it likely Fed will hold interest rates steady. For now. Gold pops again, financials take a rest, oils weaken.
Buckle your investing seatbelts for another fun and unpredictable week of Trump Administration chaos. It should end well, but the ride in stocks will be bumpy.
For short and medium term oriented traders, heat maps are invaluable tools for gauging daily market sentiment as well as finding good buy and sell points.
Confused stock markets open down, then move to the upside as active traders try gaming tonight’s election results. Focus on gold, silver ETFs, preferred stocks.
WASHINGTON, September 8, 2016 – Weirdness and indirection continued to grip Wall Street Thursday as all three major averages—the DJI, the S&P 500 and the NASDAQ—are currently down. The NASDAQ, in fact, is doing the worst, off 38.67 points as of 2 p.m. EDT, a negative 0.8 percent, likely due in part to heavily weighted ...
After Monday’s respectable display of bullish irrational exuberance, Mr. Market goes negative Tuesday and tries to take it all away. Gold, oil down, dollar up.
It’s options expiration Friday, and all market bets are off. Terrorist attack in Nice gives trading a slightly negative tone, but crude oil is trying to recover.
WASHINGTON, June 17, 2016 – It’s been one truly strange Wall Street week, as dueling narratives—federal government lies vs. political reality on the ground—are driving more traders to head for the exits this week. For the most part. Thursday’s trading action saw markets tanking big-time, until, bizarrely, the tragic assassination of Jo Cox, a pro-EU ...