Market Overview

Indices are reaching an endpoint in their relief bounces, but the asset that is most likely to break lower is Bitcoin (BTC/USD). It's generating spike highs at channel resistance with a significant...

Despite, or actually because of, the recent market turmoil, many large banks and brokers reported better-than-expected earnings. Market volatility provided a nice boost to trading revenue, which...

The trade war between the US and China is heating up, increasing the risk that China will invade Taiwan. Let us explain. On April 11, Reuters reported the following: "Shipments of seven rare earths...

Stocks were higher, lower, and higher, and they faded towards the end, trading within a fairly wide range throughout Monday. More importantly, the US dollar continues to weaken significantly, falling...

As discussed in “Credit Spreads,” the one market signal worth your attention is “credit.” Credit spreads reflect the perceived risk of corporate bonds compared to government bonds. The spread between...

In November last year, I discussed the importance of yield spreads, historically the market’s “early warning system.” To wit:“ “Yield spreads are critical to understanding market sentiment and...

The misinformation age has gone from bad to worse, which means the onus is on all of us to read reports thoroughly, not just the headlines and what is being talked about on social media platforms. In...

For investors looking to reduce tax liability while keeping their portfolios optimized for growth, a tax-loss harvesting strategy can be a valuable tool. By strategically selling underperforming...

US stocks ended Thursday's session in negative territory. However, the S&P 500 surged 8.5% off its lows on Wednesday as the administration announced a 90-day tariff pause for all countries except...

The recent implementation of tariffs has the media buzzing about increased recession odds as the consumer faces potentially higher costs. While recent economic reports, like the latest employment...

Eight days after “Liberation Day”, President Donald Trump announced a reduction of reciprocal tariff rates to a 10% baseline on the 60 countries with higher tariff rates. This pause of the higher...

At this point, I’m just about ready to retire because I am seeing things I have no memory of or have never seen before. The USD/CHF fell by more than 3.8%, a monumental move. It was either a newfound...

US inflation surprisingly undershot pretty much everyone's expectations in March, but higher prices from tariffs and supply chain disruptions are on their way. After all the volatility and...

Before we get started on today’s CPI, let me add a few wise words from an old market observer: The stock market is not the economy. The stock market is the (private real economy) times (price per...