Stocks jumped upward to new near term highs today – on exuberant enthusiasm – nothing much else.
Gold started back up, and Oil and gasoline jumped massively – only speculation could cause the volatility we have seen in the past two days in the energy futures market.
In the news today…..
Bond Auctions yesterday and today [...]
Stocks, the Dollar and Gold went sideways today – kind of boring.
Bonds hit another near term HIGH today as the US Treasury auction didn’t go that well. Higher interest rates coming – see stories below.
Oil and gasoline also hit a near term HIGH today as oil is now over $71/barrel.
In the news today…..
Supreme Court doesn’t [...]
Stocks fell a little today, and are awaiting earnings reports to determine its future path.
Bonds also moved sideways, as did the Dollar.
Oil and gasoline fell slightly.
Gold fell a lot, being down $25 today. The new price has broken a trend line on the downside, and gold must test recent support levels at $850 to $860 [...]