Archive for the 'Europe' Category

Curious Gold Market

Here are the closing statistics for our key indicators (8/22/11): DJ30 – 10,855   up 37 US Treasury 10 Year Bond – 2.09%    up 0.02% USDEUR  -  1.4357 Gold – $1895     up $48 Oil – $84.10    up $1.84 Stocks, bonds, Dollar, oil all sideways.  Gold, on the other hand, HIT AN ALL TIME HIGH again. Understanding [...]

More Downgrade Thoughts and European GDP

Here are the closing statistics for our key indicators (8/16/11): DJ30 – 11,406   down 77 US Treasury 10 Year Bond – 2.21%    down 0.07% USDEUR  -  1.4411 Gold – $1787     up $21 Oil – $87.00    down $0.68 World Stock Markets……… All of the world stock markets are signaling a bear market right now.  Most of [...]

Hear That Sucking Sound?

Here are the closing statistics for our key indicators (7/29/11): DJ30 – 12,143   down 96 US Treasury 10 Year Bond – 2.81%    down 0.15% USDEUR  -  1.4387 Gold – $1626     up $12 Oil – $95.88    down $1.56 Gold hit a new inter-day HIGH of $1633.  Wow – I am happy for all of you who [...]

Greek Default

Here are the closing statistics for our key indicators (7/5/11): DJ30 – 12,570   down 13 US Treasury 10 Year Bond – 3.16%    down 0.06% USDEUR  -  1.4423 Gold – $1515     up $33 Oil – $96.88    up $1.94 Stocks went sideways today.  Interest rates started to correct with lower interest rates.  The Dollar got a little [...]

Two BIG Things Could Happen

Here are the closing statistics for our key indicators: DJ30 – 12,108   down 80 US Treasury 10 Year Bond – 2.99%    up 0.01% USDEUR  -  1.4350 Gold – $1547     up $1 Oil – $94.66    up $0.49 Stocks were up all day until Bernanke talked about how poorly the economy is doing – then stocks tanked. [...]

EU Problem Child

Here are the closing statistics for our key indicators: DJ30 – 12,570   up 128 US Treasury 10 Year Bond – 3.05%    down 0.01% USDEUR  -  1.4393 Gold – $1536     down $1 Oil – $102.61    up $2.02 Markets are still jittery about Europe.  Stocks were up today, but bonds were up too (one of them is [...]

The Unemployed Elephant

Here are the closing statistics for our key indicators: DJ30 – 12,639   up 55 US Treasury 10 Year Bond – 3.16%    down 0.01% – a very low interest rate right now. USDEUR  -  1.4313 Gold – $1495     up $10 Oil – $97.18    down $1.74 The standouts in the above measures are US Treasury interest rates [...]

A Finnish Election

Here are the closing statistics for our key indicators: DJ30 – 12,201   down 141 US Treasury 10 Year Bond – 3.37%    down 0.04% USDEUR  -  1.4238 – down  over 2 cents, wow. Gold – $1492     up $7 – a major comeback from the selloff during the past 3 days. Oil – $107.32    down $2.34 The [...]

Belgians Protest

U.K. economy shrinks — The U.K.’s economy unexpectedly shrunk in Q4, as inclement weather took a heavy toll on the construction and services sectors. GDP pulled back 0.5% compared to the previous quarter, marking the first fall in GDP since Q3 2009. Economists had expected a 0.4% increase on a quarterly basis. GDP was up [...]

Markets Recap

The Markets Today….. It has been awhile since I talked about how the various markets are doing in the US, so now is a good time to look at these markets and explain a little of what is actually happening. Gold – as this is my recommendation for all readers to consider for inclusion in [...]