Silver Rally Meets Fear, but Momentum Remains
“This is where it’s fun. This is where it’s scary,” says veteran commodities analyst Alexander Campbell. The former head of commodities at hedge-fund heavyweight Bridgewater says silver faces several short-term obstacles that investors may want to see resolved before adding exposure. That’s how Campbell — once a global macro investor at Bridgewater and now founder […]
Stocks Surge Alongside Gold and Silver in Holiday Rally
Investors had plenty to celebrate this Christmas as stocks, gold and silver all pushed deeper into record territory. U.S. equities and precious metals rallied on Wednesday, adding a festive boost for markets ahead of the holiday. The S&P 500 notched a fresh record close during the abbreviated Christmas Eve session — its first such milestone […]
Trading History Shows a Post-Christmas Market Boost
Dec. 26 has historically been the strongest trading day of the year, according to Bespoke Investment Group. U.S. stocks headed into the Christmas holiday on a high note Wednesday, with the S&P 500 notching a fresh intraday record during the shortened Christmas Eve session. But for investors, Wall Street’s real gift often arrives the day […]
Christmas Hours Guide: Markets, Mail, and Retail
Expect widespread schedule changes for financial markets, mail delivery, government offices, and retailers in the days surrounding Christmas. Christmas Day falls on Thursday, Dec. 25, with Christmas Eve bringing a flurry of last-minute shopping and deliveries. With the holiday rush underway, it’s worth knowing what will be open, closed, or operating on reduced hours. Here’s […]
Gold Soars as Deficit Fears Rattle Markets
Yardeni: Investors’ deficit fears are justified Stocks are heading into a subdued session on the final full trading day before the Christmas break, despite a packed economic calendar. The market is also just one day away from the official start of the Santa Rally — defined by the Stock Trader’s Almanac as the last five […]
Gold Hits Record High as Debt Fears Resurface
Fears that central banks will ultimately resort to money printing to inflate away mounting debt remain the core driver of gold’s surge, though rising geopolitical risks are adding to its appeal. Gold’s climb to a fresh record high is clear evidence that the so-called “great debasement trade” is back, according to Robin Brooks, senior economist […]
