April 29, 2019 * 1st QTR GDP is revised upward and Chuck takes exception to its print! * Currencies and metal Traders don’t buy the GDP report! Good Day… And a Marvelous Monday to you! Man have I got a bone to pick with the Gov’t bean counters this morning… They actually put a damper … Continue reading “What’s The COMEX COT Report Telling Us?”
April 25, 2019 * No more Black Fridays here any longer? * Halleluiah! Gold finally found a bid yesterday! Good Day… And a Tub Thumpin’ Thursday to you! I’ve been pretty tired lately throughout the day, needing a good long nap to get through the rest of the day… I know it’s the chemo wearing … Continue reading “Currencies Take Another Dive Downward On Wednesday…”
April 24, 2019 * The dollar gains VS almost all currencies and metals yesterday… * Russian ruble is lone wolf currency gaining VS the dollar yesterday… Good Day… And a Wonderful Wednesday to you! From 13 runs one night to barely able to sneak across a run or two last night, was the roller coaster … Continue reading “SNB Talks Of Taking Their Negative Rates Further Into Negative Territory!”
April 23, 2019 * Easter Monday saw trading volume thin yesterday… * Existing home sales sees a HUGE drop in March… Good Day… and a Tom Terrific Tuesday to you! Man! I completely forgot to mention that yesterday was Earth Day! I hope everyone did something good for the Earth! I recall when I was … Continue reading “The Currencies Are Stuck In The Mud Once Again!”
April 22, 2019 * That doesn’t stop the dollar bugs from buying dollars! * U.S. appears to be ready to drop Iranian Oil Waivers… Good Day… And a Marvelous Monday to you! I trust everyone that celebrates Easter, had a grand day, it was probably one of the nicest days, weather-wise, for Easter that we’ve … Continue reading “Back-To-Back Quarters Of Negative Sales, Here In The U.S….”
April 17, 2019 * Currencies see some slippage VS dollar… * Chuck looks at another recession indicator…. Good Day… And a Wonderful Wednesday to you! Here I am… back from the heart doctor, and I’ll share with you a few thoughts I have for today… Nothing big like a regular letter, just a few … Continue reading “A Little Late, But Better Than Never!”
April 16, 2019 * Another economist gets on Chuck’s bandwagon… * Forbes: Russia is hot, but investors are still cold… Good Day… And a Tom Terrific Tuesday to you! What is it with my beloved Cardinals who seem to be on a roll, but get siderailed by the Brewers? It happened again last night, darnit! … Continue reading “A One And Done Rally For The Currencies…”
April 15, 2019 * Currencies rally on Friday, but give some back last night… * Chuck uncovers a jobs report that tells the truth… Good Day… And a Marvelous Monday to you! It’s also April 15th, Tax Day… and Pfennig Tradition says I need to sing this song by the Beatles… Let me tell you … Continue reading “It’s Tax Day!”
April 11, 2019 * Currencies for the most part remain in yesterday’s clothes… * EU gives May a 5 month extension for a BREXIT deal… Good Day… And a Tub Thumpin’ Thursday to you! I’m heading to the Cardinals day-game with the Dodgers a little later today, so I’m a happy camper, and no amount … Continue reading “The IMF Says, “The Global Economy Has Reached A Delicate Moment”…”