12 January 2015

SP 500 and NDX Futures Daily Charts - Earning Season Commences with Alcoa


Stocks were a bit weak today, with yet another session with triple digit moves in the Dow Industrials, both up and down.

As you might expect, volatility edged a bit higher.

After the bell Alcoa kicked off earnings season for the 4Q2014 with a beat on both earnings and revenues.

There will be more macroeconomic news towards the latter part of the week, with earnings some coming in regularly.

Have a pleasant evening.





NAV Premium of Certain Precious Metal Trusts and Funds


Gold is a standout in the commodity sector today.


11 January 2015

The World Is a Business, Mr. Beale


“Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

Carroll Quigley, Tragedy and Hope,  p. 278