Gold and Silver Bid for A Bottom In Wake of September Jobs Report

(This is an excerpt from an article I originally published on Seeking Alpha on October 8, 2016. Click here to read the entire piece.) On October 5th, I noted how SPDR Gold Shares (GLD) and iShares Silver Trust (SLV) both completed post-Brexit roundtrips as rumors of a eurozone tapering of QE triggered a fresh wave … Read more

The Australian Dollar Defies the RBA’s Easing Bias

(This is an excerpt from an article I originally published on Seeking Alpha on August 3, 2016. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) kicked off central bank action for August with a rate cut to a fresh record low of 1.50%. Financial markets were anticipating a cut with … Read more

Apple’s Currency Index Turns A New Page In Apple’s Financial Results

(This is an excerpt from an article I originally published on Seeking Alpha on January 30, 2016. Click here to read the entire piece.) Apple (AAPL) reported Q1 2016 earnings that disappointed the market. The negative reaction was consistent with the Apple earnings trading model. This time around, I took particular interest in Apple’s accounting … Read more

Bullard Helps Push Out the Next Rate Hike Further Into the Year

(This is an excerpt from an article I originally published on Seeking Alpha on January 15, 2016. Click here to read the entire piece.) The recent movements in crude oil prices are very substantial in historical context. Headline inflation will return to target once oil prices stabilize, but recent further declines in global oil prices … Read more

T2108 Update (November 17, 2015) – The S&P 500 Fails A Key Test

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more