Market Overview

SPX Monitoring purposes; Long SPX on 10-29-24 at 5832.92 Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38% Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. We are up 31.40%; SPX is up...

Silver and NZD/USD hit fresh lows, pressured by rising U.S. rates and strong dollar Quiet economic calendar next week could allow for countertrend reversals Key levels offer fresh trading...

US CPI meets expectations, bolstering rate cut hopes But Fed hawks spoil the mood as dollar hits one-year high Gold continues to bleed even as stocks stumble Dollar ascends as Fed wary after CPI...

AUD/USD charts new low after disappointing jobs data Short-term outlook remains bearish; sellers eye 0.6470 support AUD/USD continues its bearish slide, hitting a seven-month low of 0.6458 in the...

Gold Continues its Downward Correction Gold (XAU/USD) continued its downward correction, falling by nearly 1% yesterday. XAU/USD broke below multiple support levels, and now the support level at...

US inflation came in parallel to expectations, confirming that headline inflation in the US stagnated near 0.3% level for a third month, the yearly figure rebounded from 2.4% to 2.6% as expected,...

On Wednesday, the Bureau of Labor Statistics released the latest Consumer Price Index (CPI) report for October. Following the trend of the last three months, the inflation rate increased 0.2% on a...

CPI came in as expected yesterday, but that didn’t stop long-end rates from rising, with the 30-year up six bps and the 10-year up two bps. The dollar index also continued to melt up after the data,...

Why this "obvious loser" of the election may actually be a big winner... Trumphoria is gripping markets — everyone expects a repeat of the 2016 bull run when Trump first got elected. All the obvious...

We saw a small move up in the precious metals sector (and then back down), which is completely in tune with what I wrote yesterday, and as such, it doesn’t change the outlook. Indicators of a...

I said two months ago that I didn’t think the Fed should ease, but they would anyway. And they did, by cutting overnight rates 50bps. Then last month I said: “Getting rates back to neutral, around...

Fed funds futures are still leaning into expectations that the Federal Reserve will reduce its target rate next by a quarter point, but the related confidence of the forecast is slipping. The current...

Markets take a breather as Trump assembles his team Focus turns today to US inflation and Fedspeak  Germany prepares for snap election, euro on the back foot Yen underperformance continues,...

The closely watched U.S. October CPI report comes out today. Headline annual inflation is seen rising 2.6% and core CPI is forecast to increase 3.3%. Investors should brace for possible market...