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After 7 months in the red, copper looks set to finish November up 9% Year-to-date, it remains down 18%, after a 22% drop from March-October Copper hit 20-week high of $3.9470 in mid-November, needs...
The S&P 500 declined by around 1.6% yesterday and dropped down to around 3,960. There is a gap that is there that still needs to be filled at 3,950 from Nov. 22. With that, I think my...
Let's take a deeper look at semiconductors (SMH), long bonds (TLT), small caps (IWM), and retail (XRT). The overall market is at a crucial intersection. These sectors will be crucial to determining...
US stocks dropped Monday as China's COVID policy concerns and hawkish Fedspeak weighed broadly on sentiment while the looming recession narrative grows more vocal in the background.St. Louis Fed...
Traders booted the juniors off the trading desks following the holidays and they weren't happy. Selling in the Dow Jones Industrial Average came off the challenge of resistance defined from the last...
The U.S. dollar peaked on Sept. 28, shy of 115.00. Another 5.5% rise would have taken the world reserve currency to its highest level since February 1986, after the September 1985 decision of the then...
Last week, the Fed reported that the M2 money supply declined, slightly, again. The year-over-year rate of change is now down to a paltry 1.3%.Source: BloombergNot only that, but the...
COVID lockdown protests demand new government in China Chinese implied oil demand seen down 1 million bpd, less buying from Russia too Fed seen closely watching US November jobs report to decide next...