July 1, 2019 *The overnight markets haven’t been kind to the currencies & metals * The RBA cuts rates… Good Day… And a Marvelous Monday to you! Pfennig tradition calls for this today… There I was on a July Morning… I was looking for love… With the strength of a new day dawning, and a … Continue reading “Trump And Xi Are Buddies Again!”
June 26, 2017 * Talk of a trade agreement allows the dollar bugs to return… * What the heck is going on with the honker? Good Day…. And a Wonderful Wednesday to you! What a beautiful day here yesterday, the sky was a blue umbrella, the sun was shining, and it warmed throughout the day. … Continue reading “The Fed Heads Say No To A 50 Basis Points Rate Cut!”
June 25, 2019 * Currencies see profit taking in the overnight markets * Russian ruble proudly displays its highest interest rate…. Good Day… And a Tom Terrific Tuesday to you! A night off for my beloved Cardinals last night. I will say something though about all the adoration the St. Louis fans showered on Albert … Continue reading “From A Trade War To A Currency War?”
June 24, 2019 * Currencies & Metals continue to move higher Vs the dollar * Chuck gives us a history lesson about the beginning of the last weak dollar trend… Good Day… And a Marvelous Monday to you! What a week, it was last week for Gold, eh? That move above $1,400 sent me into … Continue reading “The Dollar Bugs Are Nowhere To Be Found!”
June 20, 2019 * Fed signals a rate cut is coming… * Currencies & metals soar on the Fed announcement… Good Day… And a Tub Thumpin’ Thursday to you! As Gomer Pyle would say…. Surprise, Surprise, Surprise! Yes, I told you I had something to do this morning, but… I got my signals crossed and … Continue reading “Grease Up The Tracks Boys…”
June 19, 2019 * Currencies fight back on Tuesday… * Trump & Xi will meet at G-20, when did meeting ever accomplish anything? Good Day… And a Wonderful Wednesday to you! I was watching my beloved Cardinals get shut out again last night, and I heard the two knucklehead announcers say that they didn’t see … Continue reading “Put Away The Board Games, It’s FOMC Time Today!”
June 18, 2019 * WTH is going on with the dollar? * Chuck gives us a history lesson today… Ooh, where do I sign up for that! Good Day… And a Tom Terrific Tuesday to you! Still using the phrase “Tom Terrific”, and no one’s knocking on my door yet to tell me to stop! … Continue reading “Waiting For PPP To Kick In!”
June 17, 2019 *Data in U.S. is so-so, certainly not great! * Fed’s FOMC meets this week… get out the gameboards! Good Day… And a Marvelous Monday to you! Yesterday was Father’s Day… I hope all the Dads out there had a Grand Day… It looked like it was going to be a rain filled … Continue reading “Dollar Bugs Use Currencies Like A Punching Bag…”
June 13, 2019 * dollar fights back on Wednesday, despite some awful debt news… * Two Oil tankers are attacked, and the U.S. is pointing at Iran…. Good Day… And a Tub Thumpin’ Thursday! Blues Win, Blues Win, Blues Win… For the first time the 50 year history of the Blues, they are the Stanley … Continue reading “And The Stanley Cup Champions Are… The St. Louis Blues!!!!”