Stocks fell on the poor consumer confidence news. Bond interest rates fell on the news.
The Dollar continued its strengthening, and gold/oil/gasoline all fell in concert.
In the news today….
Consumer Confidence – hit a new recent low going back to 1983. What this means is that people are less confident in their future, and their financial [...]
Stocks went sideways today, but interest rate continued to creep up.
The Dollar gained a little, and gold fell a little, and oil/gasoline went up, and are starting to look expensive.
In the news today…..
Citibank – has told its customers that it may refuse to allow you to remove funds for 7 days whenever in the future [...]
Stocks moved sideways today, confused by the FED’s move.
Bonds increased in interest rates, and have been for the past couple of week. The bond market foresaw the FED move, and was nervous about Europe and Iran.
The Dollar went sideways as did Gold.
Oil and gasoline is pointing the way right now. Oil is nearly $80/barrel, so [...]
Stocks jumped a small amount today, and bond interest rates went up too. It’s the interest rate increase that interests me most.
The Dollar gained significantly today after losing the same amount yesterday. Gold stood still, and oil/gasoline were level also, but at a high level.
In the news today……
Short Sales to Increase – Major banks including [...]
Stocks surged again today, as Europe solves its “Greeks asking for gifts” problem. Also, Congress was snowed in, so maybe they couldn’t do damage today.
Bonds continued their rise in interest rates, and have broken a key technical barrier.
The Dollar strengthened a little today, and gold surged (contrary movement) and oil rose (contrary movement) and gasoline [...]
Stocks fell back slightly today – really a sideways move. Bonds are starting to creep up in interest rates over the past week.
The Dollar gained a 1/2 cent, and gold and gasoline moved sideways. Oil, on the other hand, moved up again today, and is starting to look a little stronger.
In the news today…..
Greece – [...]
Stocks had a major rebound (up 150 points) when rumors of the EU bailing out Greece were floated. Bonds moved sideways.
The Dollar lost value against the Euro, and gold, oil and gasoline all climbed up a little.
In the news today……
Secret Central Banker’s Meeting – in Australia for two days starting today. Why are the world’s [...]
Stocks continued their decline today, and have closed below 10,000 for the first time in 3 months. Watch out below.
Everything else went sideways.
In the news today…..
Citibank – is trying to sell its car loan business. It has a $3B portfolio of this junk, and is trying to unload it. They are sweetening the pot by [...]
Stocks tumbled today on worries of the European (Greek) debt problems, and the strikes by Greek government workers. Bonds moved sideways.
The Dollar surged to new highs, and gold, oil, gasoline all fell precipitously. I’ve never seen gold fall so far so fast, as I did today (down over $50 at one point). Getting close to [...]
Stocks were up a lot today on good earnings news – and in the face of a lot of skepticism on Wall St.
The Dollar lost some of its recent gain, and the rest of the markets moved accordingly – gold up, oil and gasoline up, bonds up.
In the news today…..
Wild Card – I have warned [...]