With All Markets Trading in Tandem, Why a Reversal Might Be on Tap

Our Archive

Search completed

Happy Groundhog Day!  And don’t try telling me otherwise – at least as far as the markets are concerned.  Everyday the S&P 500 creeps higher – as does gold, silver, and what the hell, even the Euro!  Is Punxsutawney Phil nearby? Let’s start with the S&P, which has bounced several times off the 1040 mark, […]

Read More

The old joke is that Japan’s Central Bank is so incompetent, it was unable to devalue its own currency during its Lost Decade (or Two), despite its best efforts. But that’s not stopping Japan’s finance ministry from giving its favorite pastime another go.  The yen has hit a 15-year high against the dollar – which […]

Read More

Robert Prechter: Gold isn’t the safe haven many think The euro’s recent loss has been the dollar’s gain, which means that it’s not the best time to buy the U.S. dollar. Meanwhile, the most popular alternative to currencies, gold, isn’t such a good buy either. Watch the excerpt from Robert Prechter’s May 20 interview with […]

Read More

Categories