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Posts Tagged ‘summer rally’

Precious Jobs, Precious Metals

Folks, welcome to the new rally! As I write this, prices are spiking all over the world. The strength we’re seeing is a result of today’s ADP report, the jobs number that precedes the big monthly employment figures that will be released tomorrow. According to the report, the private sector added about 157,000 jobs in [...]

Newt, Greece and the Flow of Capital

Folks, I had the great honor and pleasure of having former house speaker and Republican candidate for president, Newt Gingrich, as a guest on my show this morning. Mr. Gingrich and I discussed his new book, “A Nation Like No Other: Why American Exceptionalism Matters” and his Five Habits of Liberty, which speak right to [...]

Quadruple Witching

Folks, today is the big quarterly expiration, the day when all the June front-month futures and options contracts expire. We’ve gone over serial expirations before, and today I want to talk about how these “quadruple witchings” are a little different than the monthly ones. Along with the hundreds of billions of dollars in synthetic positions [...]