EconMatters

Global Economic and Market Analysis That Matters

Econ Matters

Econ Matters
Birthday
December 31
Bio
EconMatters.com is a syndicated financial blog focusing on global economic and market analysis that matters to investors.

MY RECENT POSTS

FEBRUARY 24, 2013 1:00AM

Technical Analysis of the Silver Market

By EconMatters


Portfolio Rebalancing for start of 2013

Silver closed Friday`s trading session at $28.46 an ounce, capping off what has been an auspicious start to 2013. On January 23rdSilver was trading at $32 and has been in a downtrend ever since trying to find a support level that will hold. … Read full post »
FEBRUARY 23, 2013 5:06PM

Dow 20,000 Only a Matter of Time

By EconMatters


Dow Record in sight

We are 200 points from breaking a new high in the Dow Industrials which got me looking back at assets over the last 25 years in relation to the value of the US Dollar Index and the overall money supply. 

25 years in Markets

Some of the… Read full post »
By EconMatters  


Near-term Double Top

Natural Gas closed Friday at $3.35 per mmBtu and has been on a three month downtrend from the $4 level where it put in a near-term double top in October and November of 2012. 

This was your classic short setup, as NG bottomed in March of 2012… Read full post »
FEBRUARY 22, 2013 1:00AM

The Pullback Memo

By EconMatters


Pullbacks…pullbacks….are we talking about Pullbacks?

That`s all I heard for two straight months, “Gee everyone is waiting for a pullback to get in on the rallyâ€. Well you asked for it, now you got it! But you better not be too picky about waiting for some exact perfect 7% correc… Read full post »
By EconMatters  


A Rough Start for 2013

Well Gold hasn`t had a particularly good start to the year, in fact, a good pairs trade would be going long the S&P 500 and short the Gold market for a nice 12% return in two months. But many Gold Investors are not yet… Read full post »
FEBRUARY 20, 2013 8:23AM

The Stock Market is a Giant Ponzi Scheme

By EconMatters  


An Auction with Fake Buyers, that will end well!

The reason why is when you have the Federal government in the form of the Federal Reserve injecting 85 Billion worth of artificial capital, i.e., capital that wasn`t earned, or created through increased sales, revenues or increased… Read full post »
By EconMatters


You have come a long way baby

The lumber market has really come off the 2009 bottom of $140 per mbf and closed Friday at $399.80 per mbf on the back of good news out of the housing sector of the economy. 

The housing sector of the economy led the way…

Read full post »

FEBRUARY 18, 2013 10:38AM

Technical Analysis of the Cotton Market

By EconMatters


The Cotton Market & Historical Slumber

The Cotton market was a pretty calm market until the last four months of 2010 through the first four months of 2011 when it awoke from its giant slumber to more than double its historical trading range. Cotton #2 for May 2013 which trades… Read full post »
FEBRUARY 17, 2013 12:44PM

Technical Analysis of the Wheat Market

By EconMatters


Down trending Market

The Wheat market is definitely in a downtrend right now, and if we look at the 6 month chart we stand at $7.42 a bushel as of the close of last week. If we break $7.20 a bushel, then there are going to be a lot of… Read full post »
FEBRUARY 16, 2013 11:07AM

More Layoffs Coming in Financial Markets

By EconMatters


Trading: State of the Union

I was visiting a large Oil trading floor last year, and they were having their big state of the union town hall on the floor and the CEO of the group that trading and marketing rolled up into talked about the dying volatility in general… Read full post »

By EconMatters

EconMatters had the pleasure of speaking at the 2012 Ontario Advocis School for the Financial Advisors Association of Canada on August 14, 2012.  Chairman Mr. Dennis Yanke was kind enough to leave the topic at our complete discretion.  We finally decided on the topic of…

Read full post »

AUGUST 15, 2012 10:31PM

Market Outlook: Risk On Thursday

By EconMatters, Wed. August 15, 2012

Cisco

Well, miracles do still happen, that dog of a stock for the last (too long to count) actually beat for the quarter, yes I am talking about Cisco. Cisco quarterly reports often send the market down 200 points; they have woefully underperformed the market by… Read full post »

By EconMatters


Crude Oil prices for WTI were just $78 dollars in July, a month later they are $93.40 with supplies well above their five year average range, China decelerating at a rate not seen since the financial crisis, and US gasoline demand down 4.2 percent year-on-year and distillates down 2.8… Read full post »

By EconMatters

The Energy Department reported that natural gas in storage grew by 26 billion cubic feet to 3.189 trillion cubic feet for the week ended July 20. The inventory level was 15.8% above the five-year average of 2.754 trillion cubic feet, and 18% above last year's level.

Low natural gas pric…

Read full post »

By EconMatters

Since the Global Community all the sudden seems to be preoccupied with Market manipulation even though the authorities knew it was a problem for over 5 years with Libor Rate Fixing. It is high time authorities look at the Crude Oil market which has been manipulated for the last… Read full post »

By EconMatters

The wild ride of Netflix (NFLX) shares continues. After plummeting from above $300 a share to around $60 all within the past year mostly due to poor management decision. Netflix shares spiked more than 21% in one week to close at $81.89, the highest level in two months,… Read full post »

By EconMatters

June employment report from the BLS said the economy added 80,000 jobs (+84,000 in private sectors, -4,000 in government jobs) in June.  The unemployment rate is unchanged at 8.2% from May, while the U-6 under-employment rate rose 0.1% from May to 14.9% (in 2007, the rate was 8%).… Read full post »

By EconMatters

The EUR/USD index edged up to 1.2533 on Wednesday, U.S. 4th of July holiday Wednesday in subdued markets ahead of the ECB rate decision to be announced on Thursday.  It is widely expected that ECB officials meeting in Frankfurt will cut benchmark interest rate by between 25bps to…

Read full post »

By EconMatters

Paul Krugman has long been an advocate of Keynesian economics, and a proponent of aggressive and expansionary fiscal policy drawing parallels between Japan's decade-long deflation and the current Great Recession.  Krugman also has also been writing quite extensively using IcelandRead full post »

By EconMatters


What a difference a year has made!  About this time last year, the dollar seemed on the brink of disaster amid the debt ceiling debate at U.S. Congress.  U.S. CDS spiked 430% in three months, and S&P downgraded the U.S. sovereign debt credit rating for the first time in

Read full post »

By EconMatters

Crude oil prices, along with world stocks, surged on Friday after euro zone leaders reached an accord on directly recapitalizing regional banks as well as measures to cut soaring borrowing costs in Italy and Spain.  Brent crude jumped more than 7% in one day to close at $97.80 a…

Read full post »

By EconMatters

How is the condition of roads that you drive On? Well, the roads that I drive on are so bad that they require a large truck or SUV to navigate at anything close to normal speeds. The potholes are alignment killers, and the horrible patches were slapped on…

Read full post »

By EconMatters


Spain formally became the fourth country to ask for bailout aid from the euro zone on Monday, June 25. Spain's short-term borrowing costs nearly tripled at auction on Tuesday.  Market participants expect Moody's to further downgrade Spain's sovereign debt to Junk status. &nbs… Read full post »

By EconMatters

Citing "Central banks are being cornered into prolonging monetary stimulus as governments drag their feet and adjustment is delayed", the BIS (Bank for International Settlements) on Sunday, June 24 endorsed the proposals of forming a single banking union for the Euro Zone to "buy time"…

Read full post »

By EconMatters

Brazil, with 2.719 million b/d (barrels per day, as of 2010) oil production, is one of the larger non-OPEC oil sources, and ranked No. 9 in the world based on 2010 oil production data, according to the U.S Energy Dept.


To exploit the huge offshore oil discoveries in recent years,… Read full post »