Lost amid the hoopla after the Dow recently achieved a milestone in closing above the psychologically important 13,000 barrier is another, more significant benchmark. Gasoline prices hit a record seasonal high this week. The average price...
Mining shares and the precious metals were hard hit on Wednesday after Fed Chairman Bernanke appeared before Congress. Bernanke gave his view on the U.S. economic outlook during and offered a mixed message. He touted the recovery in the...
The market has come a long way since October when the price low was established in the major stock averages. It has come even further when compared to its March 2009 bear market low. To put the market recovery into perspective, for the...
Let's turn our attention to a cycle which we've rarely discussed over the years. The Kress 24-year cycle is one of the components of the 120-year cycle series which is scheduled to bottom in 2014. The 24-year cycle tends to get eclipsed by...
Let's turn our attention to a cycle which we've rarely discussed over the years. The Kress 24-year cycle is one of the components of the 120-year cycle series which is scheduled to bottom in 2014. The 24-year cycle tends to get eclipsed by...
Selling pressure earlier in the week gave way to strong demand for equities as concerns over the European debt crisis have been moved to the backburner. Investors have instead been focusing on the improved U.S. economic and employment...
Last year was an eventful one for the gold market. The yellow metal was up 10 percent in 2011 for its 11th consecutive annual gain. But despite making an all-time high on Sept. 5 at $1,900/oz. gold finished the year down 18 percent from...
The cyclical bull market recovery which began in March 2009 was powerful in its first year, moderately strong in 2010 and visibly weakened by the end of 2011. Thus we have the pattern of a recovery which is losing internal force with each...
In his latest report, Samuel Kress of SineScope reviewed the 120-year cycle and broke it down into its constituent cycles. For the sake of our long time readers, I'm providing my own breakdown of the 120-year cycle and its effects on the...
In the current phase of relative peace and stability we now enjoy, many are questioning when the next major war may occur and speculation is rampant as to major participants involved. Our concern here is strictly of a financial nature,...