Beware of Greeks bearing gifts

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This week China has been disrupting the markets with their currency moves. The moves themselves, relative to the change of other currencies, have not been that big. However, the idea and impact of even a small change in a pegged currency that has been strengthening against the dollar to suddenly be reversed shows how quickly Read more…

China, FOMC, Dollar?

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The Chinese market took it on the chin and was down 8.5%, the most in years. That is trickling over into the European markets and we are seeing the pre-market futures in the U.S. under pressure. Last week the US markets closed lower with no late rally. This morning will certainly be a test of Read more…

July Review

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I am finally back from a much needed break with the family. My time has been divided with our new Lendacy.com business, expanding and migrating our trading operation, and of course my absence dealing with family issues. With batteries renewed – we meet the second half of the year with vigor and tenacity. July Review Read more…

Greek Crisis ?

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I apologize for not keeping up with the Market Preview recently. Between expanding and working on our new business www.lendacy.com, working on our new site and content, and focusing on business – I have not allocated the proper time to write the daily market preview. Additionally, dealing with family issues this year has forced me Read more…

Fed Minutes Amendments

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The market continues to flirts with new highs, but unable to charge into a break-out rally. The Fed minutes were more proof the Fed will NOT be raising rates, yet many read something completely differently out of it (I am not sure how). Greece continues to be a European headache, while we get weekly jobless Read more…

Greek Tragedy

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The Greece problems are on the rise again. As I had mentioned back in 2011 – 2012 that while the string of bailouts have bought them time, the issue is only being shoved onto the back-burner and will again be front and center news that will again disrupt the markets. The issue that I want Read more…

Road to Socialism

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The economic landscape in the U.S. is not nearly as robust as we are lead to believe. This is creating some concerns after a strong market rally, combined with expectations that the Fed will start raising rates. The 10-year yield is heading below 1.8%, the dollar has rallied, and volatility in equities is starting to Read more…

Year of the Dollar

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After reviewing my predications and pondering what may or may not come to past, my instinct is this will be the year of the dollar. What does that exactly mean? I believe the greatest impact of value and prices will be the rise and eventual fall of the dollar against foreign currencies, mainly our Western Read more…

Greek Bond Rally?

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The Fed Minutes from the meeting sent the market higher as it clearly showed a far more Dovish Fed then what the media had been led to believe, especially after Yellen’s Q&A session gaff. However, are we really that surprised? Yellen is the most Dovish Keynesian ever to grace the halls of the Federal Reserve. Read more…