FINCON = 2 (12/20/11) Stock markets continue to go sideways – lots of volatility up and down – nothing new with that. Bond markets are hitting approaching new highs with the 10 year bond going to 1.80%. This is a show of safety conern. Oil is down around $95 showing a concern that the world [...]
Here are the closing statistics for our key indicators (12/12/11): FINCON = 2 What is going on with gold?…….. The short answer is “I don’t know.” The reason I don’t know is that all the data is not in yet, and won’t be in on what happened this last week until this weekend, or early [...]
Here are the closing statistics for our key indicators (8/30/11): DJ30 – 11,559 up 19 US Treasury 10 Year Bond – 2.18% down 0.09% USDEUR - 1.4465 Gold – $1842 up $50 Oil – $88.86 up $1.59 Stocks sideways, bonds up (interest rates down), gold way up, Dollar level to down, and sneaky oil is [...]
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 [...]
Here are the closing statistics for our key indicators (8/15/11): DJ30 – 11,482 up 214 US Treasury 10 Year Bond – 2.29% up 0.05% USDEUR - 1.4444 Gold – $1763 down $23 Oil – $87.68 up $2.30 Stocks jumped up again today – but the US economy isn’t very good, and stock prices could fall [...]
Here are the closing statistics for our key indicators (8/8/11): DJ30 – 10,810 down 633 US Treasury 10 Year Bond – 2.34% down 0.22% USDEUR - 1.4198 Gold – $1720 up $60 Oil – $81.10 down $5.78 Wow, what a day. The DOW fell 633 points, and hasn’t hit an equilibrium point for trading yet [...]
Here are the closing statistics for our key indicators (7/20/11): DJ30 – 12,593 down 88 US Treasury 10 Year Bond – 3.00% up 0.04% USDEUR - 1.4377 Gold – $1615 up $13 Oil – $99.09 down $0.89 Markets reacted to the lack of progress by the US Congress on the Debt Cap deal. Stocks fell. [...]
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 [...]
Dear Economyguy Readers, I wanted to tell you that I will be going on a prolonged road trip back East, starting Monday, picking up Christine’s dream car. We will be driving it back home across America – seeing the beauty of our wonderful country and some treasured friends. I know some of you worry when [...]
Gold….. Why do I continue to recommend gold? Well, it is the fundamentals of what is going on in the US economy. In particular, here is what I see: The US economy is going sideways at best. The FED is doing a Quantitative Easing 2 and is now more than half way done printing $600B. [...]
