Ongoing economic trouble in Europe, including a “bank jog” on Greek banks, this week could signal a third round of quantitative easing on this side of the Atlantic, two money experts said Friday on CNBC’s “The Kudlow Report.” “There is QE3 on the way,” said Don Luskin, chief investment officer at Trend Macro. “It’s just going [...]
Two things I find very interesting are housing and interest rates, which are intertwined. This is definitely one of the things we need to keep an eye on. Folks, this is why I am bearish interest rates and bearish bonds. I think we are going to see interest rates increase and the price of bonds [...]
Today, Europe is a headline I want to cover. All you have to do is look at the charts these past few months. Even prior to expiration, you saw a different market in the morning and a different market in the afternoon. I was speaking to people in Iowa about this. These people spoke in [...]
Recently, a Luddite Mentality has worked its way into the debates centered around High Frequency Trading (HFT) and the effect it might, or might not have, on the overall market. Let’s understand something right away: Not all HFT is the same. There needs to be a basic understanding of a strategy which now makes up an [...]
As children, we were all told the story of “The Boy Who Cried Wolf”. We all know the moral of the story; don’t go crying for help unless you really need it! Well, Greece has turned into the boy crying wolf, or in the case of our Greek friends, crying Default. It is now time [...]
If you read this blog or listen to my podcast on a regular basis, you know that I don’t consider myself a technician. But that doesn’t mean I don’t pay attention to technical levels—you have to take information from multiple places in order to make the best decisions. So to close out the first full [...]
Folks, this morning’s ADP number blew away street. Private-sector payrolls increased by 325,000 last month, far surpassing the forecast of 178,000. Now the expectations for tomorrow’s non-farm payrolls are even higher, but the range is still pretty significant—the projections are anywhere from 110,000-200,000. Tomorrow’s number will be the real tell, of course, but it’s nice [...]
How about gold, folks!? When we dipped down around 1520 I called it a bear trap, and I warned people not to get caught in short positions. Now, over the last four days, we’ve seen gold bounce up around $90. Incredible! As a long-term gold bull, I was very eager to take advantage of that [...]
Welcome to 2012, folks! Before the holiday I broke down what I believe will be the three keys for investors to watch going into the new year. As you know, I’m a glass-half-full kind of guy, so on this first trading day of the year I wanted to go through three sectors that I think [...]
Today is the last trading day of the year, and folks, this has been one of those years where you just have to sit back, take a deep breath and be glad that it’s over. If I had told you that we’d go through what we’ve gone through—the tsunami/nuclear disaster in Japan, the Arab Spring, [...]