Market Commentary Blog Posts

Ten years ago today, the Dow Jones Industrial Index fell several hundred points in a matter of minutes and a few stocks like Accenture traded below $1 for a split second. It took a while but eventually, the US Justice Department unveiled the culprit...Read more

This past month, the near-dated WTIC contract (CL) went negative, which I assume is a first for any commodity contract. The May CL contract didn't just go negative but it went very negative. Now, this is not suppose to happen but at the height of...Read more

Not many people, including myself, expected the upset last night. One guy did. And he seems to always get these things right some how. I have followed several elections in both the US and Europe and everytime he takes the opposite view of the polls...Read more

We all know Wall Street desperately wanted Hillary to be President and tried using scare tactics saying the market would plunge 10+% in the event of a Trump victory. And futures are down, but no where near the 10% they promised. The thinly veiled...Read more

Should it bother us that the adjective "almighty" is used to describe the US dollar. In America, is the dollar really more almighty than the actual Almighty? Here is an article just posted by the "omniscient" financial media explaining just how...Read more

CNBC headline story of the day... "Dollar forms bullish 'golden cross' - here's how to trade it" The article explains how whenever a 50 day moving average of an index's price crosses over the 200 day moving average, it's a signal the index is going...Read more

Two words: Glass-Steagall. I admit it, I am an unabashed Glass-Steagall apologist. I think it would go a long way to solving a great number of our nation's problems, especially the financial ones. Consider its success. During the enforcement of...Read more