Archive for March 2021
An Intentional, Reactive Reset?
Stocks remain in an uptrend although the NASDAQ and emerging market stocks gave us a bearish signal this month. Short term bear market trends in US Treasuries, gold and the volatility index are extended meaning a reversal in these trends could occur at any time. All of the sectors we track in our Sector Rotation…
Read MoreMarkets and Minimum Wage
Good news for procrastinators last week from the Internal Revenue Service. You now have an extra month to get your taxes filed. The US Department of the Treasury and the IRS have extended the filing deadline until May 17. While the events I will be writing about today have not been widely covered by the…
Read MoreImminent Inflation?
Stocks had another big rally week. The major indices have now gained nearly 6% over the past two weeks. A pullback in price after such a big up move would be typical. As I noted on the Headline Roundup Webinar last week (replay available on the app, search YourRLA at the app store), gold prices…
Read MoreArtificial Markets
To sum up last week’s market action in a word, markets were absolutely ‘crazy’ last week. The NASDAQ stock market index is down for three consecutive weeks but the late surge in stocks on Friday lifted the Dow and the Standard and Poor’s 500 into positive territory for the week as noted in the data…
Read MoreInflation, Deflation and Number Games
By my technical measure, stocks remain in an uptrend although it’s difficult to justify current valuations from a fundamental perspective. Gold and silver, as I noted last week are in downtrends although the fundamentals are still very bullish for precious metals. One reason I am bullish on precious metals moving ahead is the expansion of…
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