Market Overview

Back in March, I wrote about the pandemic-era savings glut and why it was premature to discuss an impending recession as long as it remained.But have no doubt, that massive $2.1-to-2.3 trillion...

US stocks are rising as soft-landing hopes grow as the regional banks provide stabilization signs and on hopes that inflation will continue to cool. It doesn’t look like we will see a major...

(Wednesday market open) Major indexes ride into Tesla’s (TSLA) earnings later today on a long winning streak that carried stocks to new 15-month highs yesterday. Hopes for an economic...

Dollar sellers lock profits on resilient core retail salesECB hawk Knot casts doubts over September rate hikeUK inflation slows more than expected, pound pulls backTesla (NASDAQ:TSLA) and Netflix...

Gold hit my buying opportunity at 1952/48 with a bounce from 1945. Then we wrote: Looks like we are forming a bull flag with upper trend line at 1957/59 so a break above 1960 should be a buy signal...

Following countless recession predictions, the US economy is still churning.In the latter half of 2022, recession announcements began in earnest. In June ’22, 68% of economists believed...

Both the advance and core (ex-auto) retail sales monthly reading post third straight gain Fed rate hike odds stand at 93.6% for July 26th meeting ECB odds for a July rate hike stand at 93.2%. while...

Now that actual auto news seems to have replaced the Twitterverse as a top concern affecting Elon Musk’s signature company, Q2 Tesla (NASDAQ:TSLA) earnings could produce some of the biggest...

All signs point to a final U.S. interest rate hike in this cycle And yield-curve inversion continues to indicate a high risk of recession Meanwhile, Nasdaq 100 keeps inching closer to all-time...

Euro hits 17-month high before ECB’s Visco knocks it lower Bruised dollar sets sights on US retail sales as Treasury yields resume slideEquities mixed despite China’s aim to boost...

Markets have not moved much since yesterday, not even Aussie after RBA minutes which showed that they are prepared to go further with a hawkish policy to reduce inflation, but also they are concerned...

Goldman Sachs eyes a significant crude deficit in the second half of the year Markets price in 25% chance Fed cuts at December 13th FOMC meeting Bitcoin supporter Novogratz expects Bitcoin ETF gets...

The S&P 500 Futures loss of momentum is represented by the overlapping price action in the last 5 weeks. It also formed a small wedge (Jun 16, Jun 30, and Jul 14). The bulls need to create...

(Monday market open) Earnings season spreads its wings this week with reports from several giant banks and a mega-cap company on the schedule, along with a dose of consumer-oriented retail sales and...