Market Overview

Gold May Move Sharply Today Due to the US Inflation ReportThe gold (XAU) price continued to move within a tight range on Wednesday as investors refrained from opening large positions ahead of the US...

The S&P 500 finished the day higher by about 60 bps, while the S&P 500 Equal Weighted finished the day higher by just 17 bps. It again shows how the indexes are diverging and returning to...

Optimism is on the menu ahead of today’s much-awaited US inflation report. The US 10-year yield tipped a toe below the 4% level, the S&P 500 came at a spitting distance to the December peak...

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 as index and sectors go, backed off the...

A lot is riding on tomorrow’s US consumer inflation report for December for markets, which are pricing in relatively upbeat news.Quite a lot of the stock market’s upbeat profile recently...

Dollar recovers as traders await CPI inflation dataFake SEC message triggers volatility in bitcoinDow Jones and S&P 500 slide, Nasdaq remains elevatedOil recovers on US inventory drawdownDollar...

Gold Remains Above 2,020 As Investors Are Cautious Ahead of the US Inflation ReportThe gold (XAU) price rose above 2,040 on Tuesday but later lost most of its gains and finished the day essentially...

Stocks gapped lower, while the equal-weight and small-cap indexes didn’t recover much. The S&P 500 finished the day lower by around 15 bps.The index was able to fill the morning’s...

This week’s CPI report will be a big factor in helping to tip the scales on whether the Fed will cut interest rates in March. The market may be more vulnerable to an upside surprise in CPI given...

Much of what is thought and believed about the stock market is based upon fallacy and a lack of understanding, which was easily seen in the comments section of one of my recent articles.It seems that...

Gold Continues to Move Within a Short-Term Bearish TrendThe gold (XAU) price dropped by 0.87% on Monday as the US Treasury yields remained elevated due to decreasing expectations for a soon interest...

Stocks back near record highs as ‘tech fever’ grips investorsOil and gold prices lick their wounds after recent declinesBritish pound and Japanese yen outperform in quiet FX tradingWall...

During the last week of December, I polled my Twitter followers for their outlook on the markets and the economy for 2024. The results were quite interesting, but before we look forward, we must look...

It was one of those days; as soon as I woke up, I knew it could be a long day because the VIX was up probably more than it should have been for flat futures.If it feels like Deja Vu, it is probably...