John Daly: It’s official – China’s de facto monopoly on current rare earths (NYSE:REMX) production is a threat to the global economy. As least, that was the gist of hearings on 21 September by the U.S. House of Representatives Committee on Foreign Affairs Subcommittee on Asia and the Pacific. Read more…
REMX
Chris Ciovacco: There is a sound axiom in the markets – “When the market does not do what you expect it to do, it is time to pay attention.” In terms of timing an entry point, our rationale for adding to our S&P 500 short positions [ProShares Short S&P500 ETF (NYSE:SH), Rydex Inverse S&P 500 Read more…
SDS, SH, SPXU, SPY, SSO
Martin Hutchinson: The notion of a stock market crash is a terrifying thought for most investors. But it shouldn’t be. After all, stock market crashes, properly played, can be just as profitable – if not more so – than bull-runs. Read more…
NYSE:DIA, NYSE:EEM, NYSE:GLD, SLV
The “Risk On” trade is back today sending stocks and commodities sharply higher, and the US 10-year Treasury yield back up towards 2%. Meanwhile, as of Monday’s close the S&P 500 dividend yield remained higher than the 10-year T-note, a move seen only Read more…
NYSE:GLD, TBT, TLT
Stocks posted solid gains on Monday but on mixed trade. In a whipsaw session stocks began the day higher but sold off until 10:30 at which time the market caught a bid, steadily climbed until noon, reversed again and sold off until 2:00pm and then rallied sharply into the close. Read more…
NYSE:DIA, NYSE:DTO, SRS, XLI
Some headlines of Bold Action in Europe, and a bit of a compromise in Washington, are helping the futures and the markets this morning. This up open is nice follow through for those who went out long, based on yesterday’s strength. Some nice follow through to all those 80-20 Red Dog Reversals that we saw in many sectors across the board. Yesterday we outlined micro strategies to be long for “cash flow” and sometimes you can Read more…
NYSE:GLD, SLV, XLF
Corey Rosenbloom: With the US Equity Market sitting currently atop a longer-term Fibonacci cluster level, let’s take a look at the Dow Jones (NYSE:DIA), NASDAQ (NASDAQ:QQQ), and S&P 500 (NYSE:SPY) Read more…
NYSE:DIA, QQQ, SPY
Joseph L. Shaefer: Nothing has improved in the U.S.’, Europe’s, China’s, Brazil’s or the rest of the world’s economy. (Though we may enjoy a minor breather this week if the news is so-so. So-so is better than unmitigated Read more…
NYSE:FAS, NYSE:FAZ, RWM, SDS, SH, TNA, TZA
Jared Cummans: Gold fever has struck the markets as unstable equities have led to the metal appreciating at a rapid pace. In fact, the price per ounce has shot up roughly 50% in the trailing year as a number of factors have converged Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
Richard Rittorno: Gold fell another 2.8%, closing at less than $1,600 an ounce for the first time since July. The metal continued its decline today, after posting the worst week of trading since 1983 last week, as large institutions and hedge funds fled the metal to raise cash. The Comex gold contract closed down $45 at $1,592.50 an ounce. Read more…
NYSE:DZZ, NYSE:GDX, NYSE:GLD
Jim Trippon: As the world’s capital markets continued to digest the latest dreary economic news, the Shanghai Composite Index wasn’t left out, recently closing at 2,433.16. This is only a drop of 9.9 points for the day, but the close brought the index near the its 52-week low of an intraday dip just above 2,400. Read more…
NYSE:FXI
Sy Harding: The official definition is that a market correction has crossed the line into a bear market when its decline exceeds 20%. In recent weeks I’ve been noting that the stock markets of 10 of the world’s 12 largest economies were clearly already in bear markets and continuing to plunge. Read more…
SDS, SH, SPXU, SPY, SSO
In trading on Monday, the iPath Long Extended Russell 2000 TR ETN (NYSE:RTLA) is outperforming other ETFs, up about 7.89% on the day. Also up on the day are the Read more…
NASDAQ:EUFN, NYSE:HEVY, NYSE:HKK, NYSE:QGEM, PEK, RTLA
Sally Lowder: After more than 50 years of investing for long-term shareholder profit, David Christensen, head of ASA Gold and Precious Metals Limited—one of the world’s oldest and largest closed-end precious metal investment funds—is seeing some new opportunities emerge. Seniors are trading at unbelievable values and Read more…
NYSE:GLD, PALL, PPLT, SLV
First Trust has filed paperwork with the SEC for a “First Trust Preferred Securities and Income ETF.” The Fund’s objective is to provide current income and total return. They did not specify a Read more…
NEW FILING
Most Comments