Tag Archives: AMEX:SPY
Rally Fades After Bernanke Speaks
Even though FOMC Chairman Ben Bernanke’s comments on Monday were defensive of ultra-loose monetary policy the equity markets still could not muster any momentum afterwards and pulled back from its… Read more
S&P and Gold Top ETF Flows for the Week
For the period from Friday, August 17th through Thursday August 23rd both the S&P 500 ETF (AMEX:SPY) and Gold ETF (AMEX:GLD) saw the biggest flow of funds into them. SPY… Read more
Options Expire, Markets Drift Higher
If there was ever a day that could be held up as an example of what the summer doldrums looks like one could do a lot worse than use Friday. … Read more
Gold Rises with Equities, Bonds Continue Swoon
Why gold (AMEX:GLD) is trading as a risk asset with equities and not a risk-averse asset is odd to me, but that is the situation. Gold is rising with bond… Read more
U.S. Treasury Rout Continues, Commodity Prices Accelerate
The rout in U.S. Treasuries is becoming biblical. 30 Year Bond futures dropped 1.5 points, crashing through horizontal support at 147 and 146.5 to close Wednesday afternoon’s trading at 146.01. … Read more
Commodities Off Hard in Risk Off Trade
Even when there’s an honest-to-gods bearish day the S&P 500 (AMEX:SPY) always seems to be down just a tiny bit while commodities get whacked with the proverbial ugly stick. Of… Read more
Brent Surges past $110, Equities Continue to Rally
Since it was revealed that the Fed began normal repo operations last week after 4 years of reverse repos the equity and commodity markets have been pushing higher, albeit in… Read more
Gold and Stocks Corzined by Draghi
After telling everyone last week that the E.C.B. would do everything necessary (he and Bernanke must shop with the same copywriter hired off of Elance.com) to save the Euro this… Read more
Gold and Oil Pop on Reality Reasserting Itself
Now that the nonsensical notion that the western central banks were not going to print,baby, print to oblivion has been summarily dispensed with, gold and oil can get back to… Read more
Greece is Saved, Unfortunately Spain Still Exists
Well, actually Greece isn’t saved any more than European politician would be at a Pentecostal revival, but you get my point. The markets acted last night like everything was okay. … Read more
Greece Votes for More Euro Slavery, Market Rejoice
Sunday marked the first piece of good news for the Euro in weeks. Greece have, effectively, voted themselves into perpetual debt slavery, at least until the next election which, given… Read more
Gold Rises After Bernanke Hit Fizzles
So, apparently it now takes more than 500 tons of paper gold to hit gold (AMEX:GLD) and knock it back away from the central bankers Maginot Line of $1650 per… Read more
