Frank Barbera CMT's picture

By Frank Barbera – With the S&P 500 at 2464, it continues to hover within 1% of a new all-time high. Yet, internally, the market is deteriorating with more and more stocks moving below their 50-day and 200-day moving averages...

Adrian Ash's picture

By Adrian Ash – Gold prices fell below $1350 per ounce Friday lunchtime in London, cutting the metal's weekly Dollar gain to 1.7% and heading for a loss against other major currencies after touching a new 12-month high for US investors at...

Charles Hugh Smith's picture

By Charles Hugh Smith – The high housing costs crush wages argument is more nuanced. The high cost of housing means that much of the nation's available capital stock is invested in housing, rather than in productivity-boosting...

Michael Shedlock's picture

By Michael Shedlock – The news on Hurricane Irma is grim and worsening. The record-breaking Hurricane is described as “apocalyptic”. Irma is one of three hurricanes in the Atlantic basin, the first time since 2010 that three active hurricanes...

Adrian Ash's picture

By Adrian Ash – Gold bullion held $5 below yesterday's late spike to 12-month highs in Asian and London action on Wednesday, trading at $1340 per ounce after a key US Fed policymaker said weak inflation warns against raising...

Matthew Kerkhoff's picture

By Matthew Kerkhoff – I was originally going to publish the latest article in our option series today, wrapping up our discussion on getting paid to buy stocks, but the market reaction to North Korea seems more pressing, so we’ll...

Urban Carmel's picture

By Urban Carmel – The macro data from the past month continues to mostly point to positive growth. On balance, the evidence suggests the imminent onset of a recession is unlikely. The bond market agrees with the macro...

Ryan Puplava CMT's picture

By Ryan Puplava – The divergences began with the Dow Jones Industrial Average being the only index that was still going up. That’s typically a warning that breadth (or participation) was waning and a correction was due. The dip came and went and despite the natural...

Tom McClellan's picture

By Tom McClellan – A late-August surge in gold prices has finally attracted traders back into SPDR Gold Shares (GLD), the largest of the gold bullion ETNs. This week’s chart looks at total assets held in the GLD Trust, which issues or...

Michael Shedlock's picture

By Michael Shedlock – A Chinese T-shirt company is setting up shop in Arkansas, lured by US sewbots and lower production costs. It will cost about 33 cents to produce a shirt. Please consider China Snaps Up America’s Cheap Robot Labor.

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