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Author Archives: Erik Calco
July 2016 Jobs Report Reveals US Economic Weakness
The dollar tanked and the the S&P 500 made a new all-time high when the headline news of the jobs report came out. The probability an interest rate hike for December increased from 32.1% to 45.4% (calculated using 30-day Fed … Continue reading
Posted in Finance, Investing, Trading
Tagged dollar, economics, growth, labor report, market, statistics
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Rosy labor report?
The jobs report this morning caused the S&P 500 to hit new highs of the year, a few points short of its all time high set in May 2015. It is tempting to pretend like all is well, and just … Continue reading
Posted in Finance, Investing, Trading
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Building a long-term position in gold via NUGT
I and others I know have found ourselves chasing gold. We periodically get a nice position, take our profits, and then find ourselves missing out on the next big move because we cannot find good entry. This has been driving … Continue reading
US Commercial Real-Estate Storm Brewing?
One counter I hear to the possibility of a recession coming to the US before the end of the year is that real-estate is booming. Is it? It has for 6 years, but this year doesn’t look as rosy. In … Continue reading
Posted in Business, Finance, Investing, Trading
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Major Economies Are Not Raising Rates in 2016
If the US raises central bank (CB) rates this year, it looks like it would be the only major economy to do so. So far in 2016, major economies are either lowering rates, or leaving them steady. The ECB, for … Continue reading
Posted in Business, Finance, Investing, Trading
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Investing and Trading Resources
UPDATE July, 23, 2016: This post was moved to and is now being updated at Trade Higher, a team of traders helping traders. Here is a collection of valuable resources for Investors and Traders. Links TraderCentral Mail List – Traders … Continue reading
Market Update: U.S. stocks see worst opening week ever
We witnessed history this week, as 2016 was kicked off with a market plunge. Of course, if you followed the posts the previous week, and hopefully created a position to profit from long volatility, your portfolio should of reaped some … Continue reading
Posted in Investing
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Market Update: Bears 6, Bulls 0
What’s more exciting — what happened today, or what is about to happen? Let’s start by dispelling the myth that there was hope for bulls today. Despite it being a choppy day, with plenty of bounces to give bulls who … Continue reading
Posted in Investing
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Where Is The Market Going? (Jan 5, 2016)
This has been a very profitable week. As I’ve been saying, when the market breaks through the supports of the trading range it’s been in since October 22, it could possibly retest its August lows, giving it a lot of … Continue reading
Posted in Investing
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Market Futures Begin New Year With Drop
It is easy to get so narrowly focused that one can miss the big picture. The big picture creating near-term predictability is simple. The markets have been in a trading range since October. Until it breaks out of it, it … Continue reading
Posted in Investing
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