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Martin Hutchinson: Gross domestic product (GDP) is the most commonly used measure of economic growth. But GDP isn’t just inaccurate and misleading – it’s the contrivance of Keynesian economists seeking to push their own, big-government agenda. Read more…
Stocks ended the session mixed on light trade. What began as a promising day, ended with stocks clinging to minor gains. At the open stocks gapped up sharply but were quickly met with selling pressure and spent the remainder of the day on a downward march. The Dow Jones Industrial Read more…
Yesterday the S&P opened up nearly 20 handles, but the gap was faded and the market closed flat on the lows of the day. This is textbook bearish action, where investors take big gap ups as an opportunity to do more selling. Today, we are seeing a very similar sized gap up as S&P futures are up about 15 handles. Today’s action will be very telling for the Read more…
Tim Seymour: An ounce of gold currently buys about 17.45 barrels of oil, well above the historical average and not something that should fill traders with cheer. Read more…
Corey Rosenbloom: While Gold received most of the headlines/attention in the last few weeks, what has been quietly happening to Silver and Platinum prices? Read more…
Tim Seymour: A French analyst who was very vocal about how badly Turkey’s central bank was handling its monetary policy has basically apologized. Read more…
Thomas Carreno: The S&P 500 (NYSE:SPY) today showed bearish action to me. Today was a HUGE opportunity to bounce this market and close on the HIGHS, OR bounce this market, then sell off near the close, but then FINISH at the highs or near the top of the range. Read more…
George Maniere: Here’s a great trivia question for you. What asset has appreciated more than any asset since the year 2000? Answer: Farmland. 1,200% Read more…
Sara Nunnally: Our economy and, more specifically, our markets are going through a kind of test… a test of faith. The market runs on emotions: fear and greed, mainly, but for the longest time, faith was a big factor. Before the global financial crisis, people had faith that the stock market would be higher Read more…
Back in late July, that IBD put the market in “Correction mode”. Cash is king was the title of our Morning Call. We started to highlight the very bearish Head and Shoulders Pattern implying much lower prices ahead. Still, we had seen a number of head and shoulders patterns during the last two years that never triggered, so it pays to put a plan in place to make sure the pattern gave confirmation of a Read more…
Despite bleeding billions of dollars during the recent chaotic stretch on Wall Street, the S&P 500 SPDR (NYSE:SPY) is still the largest exchange-traded product in the world; with more than $75 billion in assets, the popular fund is larger than the GDP of many countries. A big chunk of the assets Read more…
Corey Rosenbloom: On the weekly chart picture, a clear floor of support exists where we start the week of August 22nd. Read more…
George Wolff: The fizz has gone completely out of world stock markets thanks to Europe’s panic over its massive debt problems. But that hasn’t meant an end to huge global investment moves. Aggressive companies like Coca Cola (NYSE:KO) are still charging ahead with multi-billion dollar Read more…
Justice Litle: Hugo Chavez wants to remove 99 tons of Venezuelan gold from London bank vaults. That could touch off a “short squeeze” of epic proportions. Read more…
In trading on Monday, the VelocityShares Long VIX Medium Term ETN (NYSE:VIIZ) is outperforming other ETFs, trading up about 15.46% on the day. Also up on the day are the 
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