Written by Gary
US Markets closed up modestly (SPY +0.4%), crude recovered to the mid 50 handle, US dollar back testing resistance and gold fractionally lower than Friday's close. Strong earnings push markets up, BUT investors remain unsure to Wall Street's bullish future and a possible rescission.
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Each year, Americans spend more than $30 billion on "alternative and complimentary" treatments. Yale University neurologist and the editor of the Science-Based Medicine blog, Dr. Steven Novella, explains why acupuncture makes no medical sense.
Infographic Of The Day: The Oil Market Is Bigger Than All Metal Markets Combined
Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.
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Written by Sig Silber
On October 20, NOAA released their Seasonal Outlook. Last week, JAMSTEC, which is a Japanese Research Institute, issued their Outlook based on their October 1 forecast for ENSO. We compare the JAMSTEC temperature and precipitation forecast maps which are for the World with the NOAA temperature and precipitation forecast maps that cover only CONUS and Alaska. We do this primarily for educational purposes. Remember: these are forecasts not guarantees. But the differences between the NOAA and JAMSTEC forecasts are significant and mostly related to the differing perspectives on the strength and duration of this Cool ENSO Event.
24Oct2016 Market Update: Afternoon Markets Showing Weakness, WTI Crude Falls To The 49 Handle, US Dollar Rises Again And Gold Stabilizes After Wild Ride Lower
by Danielle DiMartino Booth, Money Strong
Money Strong Article of the Week
If you're ever headed down Topperwein Road in Live Oak, Texas with a need to unwind and bend an elbow, pull on in at the town's local watering hole, the Beer Goggles Bar, and order up a cold one. The bartenders are reported to always be on their 'A' game and the music next to none.
Written by Gary
Afternoon trading is beginning to see weakness in the major US stock indexes (SPY +0.3%) as the US dollar rises (+0.2%), crude prices tumble (-2.1%) and gold stabilizes after falling more than 10 points (-0.3%). Indicators Neutral in no-mans land.
24Oct2016 Pre-Market Commentary: Wall Street Moves Higher Ahead Of Corporate Earnings And Friday's G
21Oct2016 Market Close: Major US Indexes Close Flat On Low Volume, Crude Prices Resume Climb, US Dol
Written by Steven Hansen
The economy's growth declined based on the Chicago Fed National Activity Index (CFNAI) 3 month moving (3MA) average - and remains below the historical trend rate of growth (but well above levels associated with recessions). If one views the single month index to grasp what is going on - it improved.