Archive for March 2020
Did You Know This Was In the Stimulus Package?
Before I get to this week’s topic, I would be remiss if I didn’t comment on market price action last week. The short analysis is this: volatility continues to rage on in the financial markets. After the worst week in stock market history, stocks rebounded last week although Friday’s price action in stocks confirmed the…
Read MoreHas 1929 Arrived?
As bad as markets were the week before last, they were even worse last week. While the Coronavirus has been the pin that has popped the bubble, I have been forecasting a big decline in stocks for a couple years. Admittedly, at times over the past couple of years, my calls for a major stock…
Read MoreRecapping a Crazy Week in the Markets
Last week in the markets was in a word – DREADFUL. Stocks fell with the Dow Jones Industrial Average declining more than 10% and the broader S&P 500 Index declining nearly 9%. Precious metals shared in the tough week that stocks endured with gold falling about 8.5% and silver plummeting nearly 16%. US Treasuries fell…
Read MoreStock Performance Truths (and other things you may not know)”
Another extremely volatile week for stocks. The fact that stocks finished up for the week doesn’t tell much of the story. Take the Dow Jones Industrial Average as an example. While it opened the week at 25,409.36 and closed the week at 25,864.78, during the week it touched 27,051 and 25,302. That’s a swing of…
Read MoreWhat Happened to Stocks Last Week?
Stock bloodbath. That about sums it up after the worst week for stocks since the financial crisis. I have been writing about the volatility of stocks of late on this site and have been publishing my long-term forecast for the Dow to Gold ratio for many years. For new readers, the Dow to Gold ratio…
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