Monthly Archives: June 2017

The Dow 7 Year Itch Review

Nothing goes is a straight line for ever! After a long period of time you know something scary is coming! Stats from the 100 years trend of Dow Jones Industrials Index. 10 year cycle of years starting with a 7 on the end (1987, 1997, 2007) and years ending with a 8 on the end…

Gold Retains Its Upside Pressure

Gold: The commodity continues to hold on to its upside pressure short term leaving risk higher in the new week. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards…

Curveball

Let’s assume that you think the Fed will raise rates two more times this year, and for the sake of argument three times in 2018. It stands to reason that your forecast for two-year yields at the end of next year has to be about 2.5%-to-3.0%. The argument for this sequence of events seems fairly…