Tag Archive: president trump

How Quickly Things Can Change

After seeing some moderate selling in early trade today, the gold market has been clawing its way back to nearly the unchanged level for the session. At the heart of gold’s reversal could be commentary from President Donald Trump. The President recently suggested that the U.S. was not going to follow up on previous discussions phase out tariffs along with China as part of the Phase 1 trade agreement gets ready for signatures. Not surprisingly, the gold market’s rise today happens to coincide with stocks... Continue Reading

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Could the Fed Reserve Cut Mark the Top for Stocks?

The Federal Reserve cut the Fed Funds rate today by 25-basis points in a move that was widely expected. Markets had been increasing calls for a rate cut from the central bank, and President Trump has made it no secret he thinks the Fed is on the wrong track and wants lower rates. Over the last nine years, markets have become increasingly accustomed to the Fed or other central banks riding to the rescue at any sign of market volatility or significant risk aversion. Central... Continue Reading

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Are Stocks Making a Bull Trap?

The benchmark S&P 500 hit a fresh all-time record today. Stocks and risk appetite are on the rise as investors remain hopeful that a U.S./China trade agreement will be reached. Over the weekend, President Trump met with Chinese Leader Xi Jinping at the G20 meetings in Japan, and the two leaders essentially called a truce. The U.S. agreed not to raise levies on additional Chinese goods, while China reportedly agreed to purchase more U.S. agricultural products. With the two sides seemingly back at the bargaining... Continue Reading

So Many Catalysts to Choose From

The gold market has been range-bound in recent weeks. Dips into recent support from $1275-$1290 have been aggressively bought thus far, and the market appears to be quite comfortable in its recent range. The bears have not been able to carve out a fresh leg lower, suggesting that prices may be at a near-term or perhaps even long-term bottom. Since gold does not appear to want to go lower, it may simply be a matter of time before its starts moving higher again. Perhaps the... Continue Reading

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Is It Really a Dollar Rally?

Gold prices have been moving higher in recent weeks, and showing some signs of underlying strength. As can be expected, the market has seen some buying interest come in as geopolitical tensions escalate. Last weekend’s chemical weapons attack in Syria had investors seeking out the perceived safety of gold and caused some selling in equities. A recent comment from President Trump, however, has stocks rallying today as risk appetite has returned. As stocks move higher today, gold is moving lower. Although such a move should... Continue Reading

Should You Start To Worry?

Stocks are lower on Tuesday as ongoing risk aversion appears to be on the rise. Any why wouldn’t it? In the last week, the United States has struck Syria with 50 Tomahawk cruise missiles in retaliation for another chemical weapons attack unleashed by the country on its own innocent people. Russia has voiced its concerns over the U.S. military action taken, and relations between the U.S. and Russia could potentially deteriorate significantly if some common ground on the issue is not found-and found soon. To... Continue Reading

Obamacare Vote

The stock market has been riding high since the Donald Trump Presidential election victory. Stocks have been moving higher and higher as interest rates rose and gold tumbled. Gold has rebounded strongly, however, and stocks appear to be at a crossroads currently. The stock market is having its work week since November, and recently saw the first down day of greater than one percent since October. In fact, equities appear to be in the midst of a breakdown from their recent trading range, and more... Continue Reading

Buy the Dips

The gold market has posted solid gains since the beginning of the year, and thus far is not showing any significant signs of slowing down. From a technical standpoint, the yellow metal looks poised to make another run to the upside. What makes all of this especially interesting is the fact that gold is rising along with stocks. Even bonds have been moving back up as rates have been declining. So what gives? It would seem to be very clear that despite new all-time highs... Continue Reading