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  • 25Jul

    Has China Taken Control Of Gold?

    July 25, 2018 * Currencies can’t find a bid on Tuesday * Subsidies to offset tariffs? Good Day… And a Wonderful Wednesday to you! I’m sure hoping that my time away from home for the next two weeks, is better for my sleep time! Because I’m tired of what’s been going on here these nights! Yes, the day will finally arrive very early tomorrow morning when I board a plane going south! And this year, the whole family is going to be there with me! Usually it’s Andrew, Rachel and Braden, along with Alex that go with us this time of year. Dawn, Jerry, Delaney and Everett, usually go in the spring for Spring Training games, and warm weather. But this year, Dawn & family are going too! It’ll be a crowded little condo that we own, but we’re all family, so who cares, right? Jr. Walker and the All-Stars greet me this morning with their song: What Does It Take… (love that song!) For my last Pfennig before vacation, I’m going to be nice and sweet, no harping on or calling people dolts, including ..

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    24Jul

    Giving Traders Rope…

    July 24, 2018 * Currencies and metals give back most of their Friday gains * A check on Russian fundamentals on the docket today… Good day… And a Tom Terrific Tuesday to you! At this point, we’re going to have to hope for a turn-around Tuesday to take the starch of the dollar’s collar. I sat outside with good friend Duane last night to watch the Cardinals blow yet another game late… Our rookie pitcher, making his major league debut, pitched 7 no-hit innings, but the bullpen blew the leas and he was not awarded a win, nor were the Cardinals… I said to Duane, “well, that’s what happens when you only score 1 run, you lose 2-1”… UGH! I’m about to wave the white flag on the Cardinals’ season, folks… The Beatles greet me this morning with their classic rock song: The Long & Winding Road… Well, the overnight selling of the currencies from Sunday night, continued throughout the day on Monday… Why on earth, would investors/ traders/ hedge fund managers, be thinking that the dollar is the ..

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  • 23Jul

    Is The ECB Behind The Euro Selling?

    July 23, 2018 * Currencies and metals rally on Friday! * Trump doesn’t appreciate the rate hikes! Good Day… And a Marvelous Monday to you! A very nice weather-wise weekend here in the St. Louis area, led to a lot of outside time for me! Warm but not excessive heat, I loved it! My beloved Cardinals didn’t have the weekend series with the rival Cubs turn our the way they wanted… But boy did Matt Carpenter have “a day” on Friday… I texted my baseball buddies yesterday to say, that I have officially given up on Marcel Ozuna, not that most of you care, but that’s pretty bad when I give up on a player… I sure hope he proves me wrong! Yes, greets me this morning with their classic rock song: Roudabout… Well, Friday’s price action in the currencies saw the dollar’s worst day in over two weeks… Seems the dollar bugs got spooked when President Trump not only blasted the Fed and their rate hikes one day, but came back for more for day two! Seems that Trump doesn’t appreciate the Fed hiking r..

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    19Jul

    Another Overnight Ambush Of The Currencies…

    July 19, 2018 * Euro loses a full cent! * Gold sees an $11 gash this morning! Good Day… And a Tub Thumpin’ Thursday to you! I’m hoping to recharge my batteries early this morning, so I am able to participate! It was a very late night for yours truly, but one that was well worth it! Delaney Grace was on stage at the Muny! If you’ve ever been to St. Louis in the summer, you’ve probably heard or had the opportunity to see a production at the Muny… And there was my little bundle of joy, dancing and singing on the stage! She was GREAT! And she’ll be back on stage for nightly presentations of ANNIE for a week! The Kinks greet me this morning with their song: Sunny Afternoon… Well, I think I had better be getting my things in order to walk away from all this… Recall I told you a couple of weeks ago that if things didn’t work they way I described them that I would have to really “retire”, as my credibility would be shot! And judging from what happened in the overnight markets last night..

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  • 18Jul

    The Sharks Smell Blood In The Water…

    July 18, 2018 * Gold gets whacked badly! * Currencies get sold again! Good Day… and a Wonderful Wednesday to you! I had a great time with my grandson, Braden, yesterday, and at the end of the day he said I was his BFF! Well, I can tell you this right here, right now, that the title BFF wouldn’t last 2 minutes if I refused to let him swim in the pool! But for now, I’m beaming like a proud BFF… The All-Star Game last night, was pretty light on highlights, and after about 4 innings, it no longer held my attention! And no I’m not ADHD! Or whatever the letters that are used to describe someone with no ability to focus and sit tight! I did see this morning though that 10 home runs were hit in the game that ended up 8-6 AL… Bob Marley greets me this morning with his song: 3 Little Birds… Don’t worry, cause every little thing is gonna be alright… My Monday Pfennig was titled: Could We All Just Get Along? And after the Helsinki summit where President Trump met Russian President Putin, I ne..

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    17Jul

    Is This All We Get From All That Stimulus?

    July 17, 2018 * A nothing day for currencies & metals on Monday * Cut the pork, will you Lawmakers? Good Day… And a Tom Terrific Tuesday to you! Well, my busy day yesterday, got to me about mid afternoon, and I was wiped out, took a long nap, and was then ready to watch the Home Run Derby… I’m reminded of a HRD of years ago, when I was recovering from my two major cancer surgeries, and my colleagues, Chris, Mike, and Christine, came to visit with me… Good memories… One of my doctors told me yesterday, that I’m his best patient, and that he loved it when I came in! WOW! My grandson, Braden is coming to spend the day with me… Just me and Braden, I wonder how this turns out! HA! Seals & Crofts greet me this morning with their song: Summer Breeze… Well, yesterday’s trading was a lot of nothing.. No major movements anywhere, the Dollar Index at the end of the day stood at 94.55, and it began the day at 94.53… Gold lost 80-cents on the day! Have the Dog Days of Summer come upon us alre..

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  • 16Jul

    Can We All Just Get Along?

    July 16, 2018 * Consumer Debt Soars In June! * Currencies attempt to come back! Good Day… And a Marvelous Monday to you! Thanks so much for understanding my plight last Thursday I must have scared a few people, as even my good friend, Duane, sent me a text, asking me if I was OK? It all passed by Thursday afternoon, and Friday was a new day, full of sunshine and lollipops! I have no idea why the medicine whacks me out like that sometimes… But, I guess I have to say thanks to the Lord, that it doesn’t whack me out like that all the time! The Pousette Dart Band greets me this morning with their song: Amnesia… I hope that it’s only amnesia, believe me I’m sick but not insane! The currencies fought back on Friday to gain a bit VS the dollar, on the day. The week of relatively little economic data came to and end last Friday with a weaker Consumer Confidence Index for July, printing at 97.1 down from June’s 98.2… On Thursday last week, the U.S. printed its Federal Budget number, and i..

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    12Jul

    http://www.dailypfennig.com/597-2/

    July 13, 2018 Good Day… And a Tub Thumpin’ Thursday to you! I’m not going to be able to participate in the Tub Thumpin’ today, folks… In fact this is going to a record for the shortest Pfennig ever! The meds have whacked me out, I was awake almost half the night, and finally got to sleep when the alarm went off… I’ve tolerated this new chemo to a degree, and that has been run over with a Mack Truck this morning… So, I’ll give you the currency roundup, and head back to bed, hopefully by noon or so, this death warmed over feeling will have stopped! There’s been more dollar buying overnight, and the currencies all are getting knocked around, along with the price of Oil and the Gold, I guess it’s a good thing I’m not commenting on all this today, I would probably say something that got me in deep dookie… Currencies today 7/13/18…. American Style: A$ .7383, kiwi .6758, C$ .7576, euro 1.1652, sterling 1.3190, Swiss $1.0014, European Style: rand 13.4350, krone 8.1152, SEK 8.8675, forint ..

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  • 11Jul

    Another Overnight Ambush On The Currencies!

    July 11, 2018 * The boys in the band show up Tuesday * Currencies once again get sold overnight… Good day… And a Wonderful Wednesday to you! I went out and made sure that I had a Tom Terrific Tuesday yesterday… Did you? I sure hope so, but if not, you can make it up today with a Wonderful Wednesday! I see my beloved Cardinals won last night, when I went to bed the score was 4-2 in favor of the Cardinals. And they wound up with a football score winning 14-2… The Marshall Tucker Band greets me this morning with their song: Heard It In A Love Song… Well, the currencies didn’t move much yesterday, if anything they firmed up a bit, as the bounce from the dollar in the overnight markets Monday night was brought to an end. Last night in the overnight markets saw the same kind of trading we saw the previous night, with the dollar being bought, for some unknown reason… Oh, there’s the usual suspect of excuses for this dollar buying… The Fed’s on a faster pace to hike rates, a flight to s..

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    10Jul

    Another Bounce For The Dollar…

    July 10, 2018 * Currencies get whacked in the overnight markets… * What’s up with Chuck today? Good day… And a Tom Terrific Tuesday to you! I hope your Monday was Marvelous, as mine was… It’s very quiet here, when I’m all alone, and that’s a good thing! I think I gave a dear reader a heart attack the other day, I guess my fat fingers reported the ruble price as 22.94… When it was really 62.94… Darn fat fingers… No baseball last night to complain about. HA! I broiled me a nice big fat steak last night, sautéed some mushrooms to go with it, had a salad, and a bottle of wine… It was a great meal for me, especially since I’m here by myself! The Great Jimmy Buffett, greets me this morning with his song: Fins… You’ve got fins to the left, fins to the right and your the only girl in town! Well, we didn’t see any further gains in the currencies yesterday, and in fact there could have been some slippage, but it was difficult to tell, given the tight ranges the currencies trade in. Gold w..

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Has China Taken Control Of Gold?

Jul 25, 2018

July 25, 2018 * Currencies can’t find a bid on Tuesday * Subsidies to offset tariffs? Good Day… And a Wonderful Wednesday to you! I’m sure hoping that my time away from home for the next two weeks, is better for my sleep time! Because I’m tired of what’s been going on here these nights! Yes, the day will finally arrive very early tomorrow morning when I board a plane going south! And this year, the whole family is going to be there with me! Usually it’s Andrew, Rachel and Braden, along with Alex that go with us this time of year. Dawn, Jerry, Delaney and Everett, usually go in the spring for Spring Training games, and warm weather. But this year, Dawn & family are going too! It’ll be a crowded little condo that we own, but we’re all family, so who cares, right? Jr. Walker and the All-Stars greet me this morning with their song: What Does It Take… (love that song!) For my last Pfennig before vacation, I’m going to be nice and sweet, no harping on or calling people dolts, including ..

Read More

Giving Traders Rope…

Jul 24, 2018

July 24, 2018 * Currencies and metals give back most of their Friday gains * A check on Russian fundamentals on the docket today… Good day… And a Tom Terrific Tuesday to you! At this point, we’re going to have to hope for a turn-around Tuesday to take the starch of the dollar’s collar. I sat outside with good friend Duane last night to watch the Cardinals blow yet another game late… Our rookie pitcher, making his major league debut, pitched 7 no-hit innings, but the bullpen blew the leas and he was not awarded a win, nor were the Cardinals… I said to Duane, “well, that’s what happens when you only score 1 run, you lose 2-1”… UGH! I’m about to wave the white flag on the Cardinals’ season, folks… The Beatles greet me this morning with their classic rock song: The Long & Winding Road… Well, the overnight selling of the currencies from Sunday night, continued throughout the day on Monday… Why on earth, would investors/ traders/ hedge fund managers, be thinking that the dollar is the ..

Read More

Is The ECB Behind The Euro Selling?

Jul 23, 2018

July 23, 2018 * Currencies and metals rally on Friday! * Trump doesn’t appreciate the rate hikes! Good Day… And a Marvelous Monday to you! A very nice weather-wise weekend here in the St. Louis area, led to a lot of outside time for me! Warm but not excessive heat, I loved it! My beloved Cardinals didn’t have the weekend series with the rival Cubs turn our the way they wanted… But boy did Matt Carpenter have “a day” on Friday… I texted my baseball buddies yesterday to say, that I have officially given up on Marcel Ozuna, not that most of you care, but that’s pretty bad when I give up on a player… I sure hope he proves me wrong! Yes, greets me this morning with their classic rock song: Roudabout… Well, Friday’s price action in the currencies saw the dollar’s worst day in over two weeks… Seems the dollar bugs got spooked when President Trump not only blasted the Fed and their rate hikes one day, but came back for more for day two! Seems that Trump doesn’t appreciate the Fed hiking r..

Read More

Another Overnight Ambush Of The Currencies…

Jul 19, 2018

July 19, 2018 * Euro loses a full cent! * Gold sees an $11 gash this morning! Good Day… And a Tub Thumpin’ Thursday to you! I’m hoping to recharge my batteries early this morning, so I am able to participate! It was a very late night for yours truly, but one that was well worth it! Delaney Grace was on stage at the Muny! If you’ve ever been to St. Louis in the summer, you’ve probably heard or had the opportunity to see a production at the Muny… And there was my little bundle of joy, dancing and singing on the stage! She was GREAT! And she’ll be back on stage for nightly presentations of ANNIE for a week! The Kinks greet me this morning with their song: Sunny Afternoon… Well, I think I had better be getting my things in order to walk away from all this… Recall I told you a couple of weeks ago that if things didn’t work they way I described them that I would have to really “retire”, as my credibility would be shot! And judging from what happened in the overnight markets last night..

Read More

The Sharks Smell Blood In The Water…

Jul 18, 2018

July 18, 2018 * Gold gets whacked badly! * Currencies get sold again! Good Day… and a Wonderful Wednesday to you! I had a great time with my grandson, Braden, yesterday, and at the end of the day he said I was his BFF! Well, I can tell you this right here, right now, that the title BFF wouldn’t last 2 minutes if I refused to let him swim in the pool! But for now, I’m beaming like a proud BFF… The All-Star Game last night, was pretty light on highlights, and after about 4 innings, it no longer held my attention! And no I’m not ADHD! Or whatever the letters that are used to describe someone with no ability to focus and sit tight! I did see this morning though that 10 home runs were hit in the game that ended up 8-6 AL… Bob Marley greets me this morning with his song: 3 Little Birds… Don’t worry, cause every little thing is gonna be alright… My Monday Pfennig was titled: Could We All Just Get Along? And after the Helsinki summit where President Trump met Russian President Putin, I ne..

Read More

Is This All We Get From All That Stimulus?

Jul 17, 2018

July 17, 2018 * A nothing day for currencies & metals on Monday * Cut the pork, will you Lawmakers? Good Day… And a Tom Terrific Tuesday to you! Well, my busy day yesterday, got to me about mid afternoon, and I was wiped out, took a long nap, and was then ready to watch the Home Run Derby… I’m reminded of a HRD of years ago, when I was recovering from my two major cancer surgeries, and my colleagues, Chris, Mike, and Christine, came to visit with me… Good memories… One of my doctors told me yesterday, that I’m his best patient, and that he loved it when I came in! WOW! My grandson, Braden is coming to spend the day with me… Just me and Braden, I wonder how this turns out! HA! Seals & Crofts greet me this morning with their song: Summer Breeze… Well, yesterday’s trading was a lot of nothing.. No major movements anywhere, the Dollar Index at the end of the day stood at 94.55, and it began the day at 94.53… Gold lost 80-cents on the day! Have the Dog Days of Summer come upon us alre..

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Can We All Just Get Along?

Jul 16, 2018

July 16, 2018 * Consumer Debt Soars In June! * Currencies attempt to come back! Good Day… And a Marvelous Monday to you! Thanks so much for understanding my plight last Thursday I must have scared a few people, as even my good friend, Duane, sent me a text, asking me if I was OK? It all passed by Thursday afternoon, and Friday was a new day, full of sunshine and lollipops! I have no idea why the medicine whacks me out like that sometimes… But, I guess I have to say thanks to the Lord, that it doesn’t whack me out like that all the time! The Pousette Dart Band greets me this morning with their song: Amnesia… I hope that it’s only amnesia, believe me I’m sick but not insane! The currencies fought back on Friday to gain a bit VS the dollar, on the day. The week of relatively little economic data came to and end last Friday with a weaker Consumer Confidence Index for July, printing at 97.1 down from June’s 98.2… On Thursday last week, the U.S. printed its Federal Budget number, and i..

Read More

http://www.dailypfennig.com/597-2/

Jul 12, 2018

July 13, 2018 Good Day… And a Tub Thumpin’ Thursday to you! I’m not going to be able to participate in the Tub Thumpin’ today, folks… In fact this is going to a record for the shortest Pfennig ever! The meds have whacked me out, I was awake almost half the night, and finally got to sleep when the alarm went off… I’ve tolerated this new chemo to a degree, and that has been run over with a Mack Truck this morning… So, I’ll give you the currency roundup, and head back to bed, hopefully by noon or so, this death warmed over feeling will have stopped! There’s been more dollar buying overnight, and the currencies all are getting knocked around, along with the price of Oil and the Gold, I guess it’s a good thing I’m not commenting on all this today, I would probably say something that got me in deep dookie… Currencies today 7/13/18…. American Style: A$ .7383, kiwi .6758, C$ .7576, euro 1.1652, sterling 1.3190, Swiss $1.0014, European Style: rand 13.4350, krone 8.1152, SEK 8.8675, forint ..

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Another Overnight Ambush On The Currencies!

Jul 11, 2018

July 11, 2018 * The boys in the band show up Tuesday * Currencies once again get sold overnight… Good day… And a Wonderful Wednesday to you! I went out and made sure that I had a Tom Terrific Tuesday yesterday… Did you? I sure hope so, but if not, you can make it up today with a Wonderful Wednesday! I see my beloved Cardinals won last night, when I went to bed the score was 4-2 in favor of the Cardinals. And they wound up with a football score winning 14-2… The Marshall Tucker Band greets me this morning with their song: Heard It In A Love Song… Well, the currencies didn’t move much yesterday, if anything they firmed up a bit, as the bounce from the dollar in the overnight markets Monday night was brought to an end. Last night in the overnight markets saw the same kind of trading we saw the previous night, with the dollar being bought, for some unknown reason… Oh, there’s the usual suspect of excuses for this dollar buying… The Fed’s on a faster pace to hike rates, a flight to s..

Read More

Another Bounce For The Dollar…

Jul 10, 2018

July 10, 2018 * Currencies get whacked in the overnight markets… * What’s up with Chuck today? Good day… And a Tom Terrific Tuesday to you! I hope your Monday was Marvelous, as mine was… It’s very quiet here, when I’m all alone, and that’s a good thing! I think I gave a dear reader a heart attack the other day, I guess my fat fingers reported the ruble price as 22.94… When it was really 62.94… Darn fat fingers… No baseball last night to complain about. HA! I broiled me a nice big fat steak last night, sautéed some mushrooms to go with it, had a salad, and a bottle of wine… It was a great meal for me, especially since I’m here by myself! The Great Jimmy Buffett, greets me this morning with his song: Fins… You’ve got fins to the left, fins to the right and your the only girl in town! Well, we didn’t see any further gains in the currencies yesterday, and in fact there could have been some slippage, but it was difficult to tell, given the tight ranges the currencies trade in. Gold w..

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Trade War Begins In Earnest…

Jul 09, 2018

July 9, 2018 * Jobs Jamboree is interesting… * Currencies are back on the rally tracks! Good Day… And a Marvelous Monday to you… I trust you had a grand Independence Day Holiday week. I know I did… Saturday was probably one of the most beautiful days in July I’ve ever experienced in my life! But the heat will return later this week, so we have that to look forward to! NOT! I’m all alone again for the next 10 days, so as usual, “Hello, Pizzaman Pizza? I need a large, no, make that an extra large, with extra cheese, walk it through the garden and then through the barn!” HA! My beloved Cardinals are heating up the twitter verse these days, I wish they would concentrate on gong on a win streak of more than 4 games! Deep Purple greet me this morning with their song: Hush… I last left you last week on Tuesday, the day before our Independence Day Celebration, and at that time, the euro was climbing through the 1.16 handle, and on the days following the euro climbed through that handle..

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The Tariffs Begin To Show Up In The Data…

Jul 03, 2018

July 3, 2018 * Currencies hit a roadblock yesterday… * It’s Our Independence Day Tomorrow! Good Day… And a Tom Terrific Tuesday to you! Are you staying cool? Because it’s going to be a hot one here for the 4th of July Independence day Holiday. I’m going to put something in the Big Green Egg, and 6 hours later I’ll check it. No standing over a hot grill for me! But Barbeque will be in order for sure! I’d like to do some ribs, but, I don’t think everyone that will be here are fans of ribs, so I’ll have to think of something else… Kansas greets me this morning with their song: The Wall… In the 70’s you didn’t get much hotter for a band than Kansas was… I’m just saying… Well, I was looking over some charts yesterday, of the stock market performances of the S&P 500, Dow and Russell 2000… And if you believe in charts, then go out and load up on more stocks… But if you only use charts as a “helper”, then be careful… Because in other charts I looked at, the effects of the Trump tariffs..

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Asia Works Toward A Way Around Tariffs…

Jul 02, 2018

July 2, 2018 * Currencies continued to rebound on Friday * The price of Oil jumps higher, but Gold remains without a bid… Good Day… And a Marvelous Monday to you! And welcome to July! It’s Pfennig tradition that we being July like this: There I was on a July Morning, I was looking for love. With the strength of the night behind me, and a road of my own- Uriah Heep… I made 4.5 hour drive to the beautiful home of Ray and Donna Hambuchen this past weekend. They were wonderful and gracious hosts to the whole Butler family! Their home is on the White River in Arkansas, and I could have sat out on their deck overlooking the beautiful White River every day of my life! Steely Dan greets me this morning with their great song: Rikki Don’t Lose That Number… I want to get this out of the way front and center this morning… With the 4th of July Independence Day Holiday on Wednesday this week, I’m going to make it a short week for me and the Pfennig… Today and tomorrow, and then off on Wednes..

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The Canary In The Coal Mine… Emerging Markets

Jun 28, 2018

June 28, 2018 * Currencies stop spinning and go into reverse! *it’s Alex’s Birthday! Good Day… And a Tub Thumpin’ Thursday to you! Today is my youngest son Alex’s birthday… So Happy Birthday, front and center this morning to the young man that 20 years ago, used to sit on my lap, during my first “retirement” and help me write the Pfennig… Yes, even though the bank that had bought the old Mark Twain Bank and then performed ethnic cleansing on the Mark Twain Employees, got rid of me… I still wrote the Pfennig from my home, much like I do these days. Except then I had two kids in college, and a 3 year old at home. At the time I thought it was the end of the world losing my job, but when one door closes another opens, and soon I was working with the group led by Frank Trotter, to start a new bank, which would become EverBank… Charlie Daniels Band (CDB) greets me this morning with their song: Long Haired Country Boy… Now that’s one song that will get the crowd singing along! Well, th..

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China & The U.S. Rethink Their Heated Exchange Of Words!

Jun 27, 2018

June 27, 2018 * Currencies spin their wheels yesterday, but get sold overnight * Gold gets whacked again… But Oil jumps higher! Good Day… And a Wonderful Wednesday to you! Crazy weather day yesterday, with wild storms in the early morning, sun and warm weather midday, and then followed by wild storms again to end the day. Robert Plant and the Honeydrippers greet me this morning with their song: Sea of Love.. I’ve always appreciated Robert Plant’s singing, whether he was with Led Zeppelin, the Honeydrippers, going solo, or even his duets with Alison Krauss… It was a day of spinning wheels on the wet pavement, yesterday, in the currencies, little movement up or down in the euro, and the other major currencies. The Asian currencies are still under siege, as traders feel that they will be hurt badly by the Trade War. On the outside of the Trade War, the Emerging Markets are still getting whacked for their lack of liquidity, and the rising costs of their dollar denominated debt, becau..

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On Second Thought, Maybe A Trade War Isn’t A Good Idea!

Jun 26, 2018

June 26, 2018 * Currencies rally, then fall back… * More warnings that a recession in near… Good Day… And a Tom Terrific Tuesday to you! How was your World Beatles Day? Mine was fine… not much going on, lots of reading. Had a nice phone conversation with good friend, Dennis Miller, who told me that 191 of you dear Pfennig Readers signed up for his letter and the special report I highlighted last week! Way to go! Of course in my mind, I would have thought tens of thousands should have signed up… But what do I know? HA! The Big Bad Cleveland Indians came to town last night and well, Cardinals’ pitchers shut them out! YAHOO! Triumph greets me this morning with their song: Lay It On The Line… I sure would like to see these currency rallies move as fast going up and they do going down! Yesterday, saw the euro gain from 1.1668 to 1.1705 on the day, not a huge move, but at least the euro has a 1.17 handle again, is what I thought when I turned the currency screen yesterday afternoon! ..

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Trade War Drums Beat Louder, and Louder!

Jun 25, 2018

June 25, 2018 * Currencies rally on the Trade War news… * David Rosenberg visits the Pfennig again! Good Day, and a Marvelous Monday to you! Well, my oncologist gave me a high 5 last Thursday, and lowered the dosage on my chemo… It’s a start to being chemo free… At least that’s my hope! Last Thursday night, I watched, probably the worst played game of baseball by my beloved Cardinals that I had ever seen! I was so disgusted with them at that point, but by Sunday, they were back to playing baseball the right way… Strange team, folks… a very strange team, and again I lay that all at the feet of the manager… Today is World Beatles Day… So, with that in mind, I’ll be playing Beatles music all day, and in the car I’ll have it on the Beatles station on Sirius XM… So, the Beatles greeted me today with their song: And I Love Her… (one of my fave Beatles song, YAY!) Friday saw the currencies rebound a bit, with the Big Dog, euro, gaining a full cent on the day… The Trade War Drums are be..

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Russia Dumps 1/2 Of Their Treasury Holdings…

Jun 20, 2018

June 20, 2018 * The euro attempts to rebound, but is pulled back down * David Rosenberg on this Wonderful Wednesday! Good Day… And a Wonderful Wednesday to you! Another day of extreme heat in my area yesterday. I hear we are supposed to be receiving a break in this heat streak, but I never trust what the weather people say! They always have an “excuse” for being wrong! Well, now, wait a minute Chuck, you always seem to have an excuse when you’re wrong too! Oh, so now I’m a meteorologist? HA! OK, enough of that silliness… Elton John greets me this morning with his song: Levon… He was born a pauper to a pawn on a Christmas Day when the NY Times said God is dead, and the war begun… And once again yesterday, the euro attempted to tend to its wounds afflicted on it by European Central Bank (ECB) President , Mario Draghi… I do believe that calmer heads saw the euro under the bus, and attempted to pull it to safety… But the sellers were still in charge, and the euro only gained about 1..

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Mom, He’s Doing It Again!

Jun 19, 2018

June 19, 2018 * Euro gets thrown under the bus again by Draghi * Anything you can do, I can do better! Good Day… And a Tom Terrific Tuesday to you! It’s not quite a Tom Terrific Tuesday for the currencies, as they’ve been sold in the overnight markets. The Cardinals come back late, but lose in extra innings last night. UGH! Thanks to all that sent along nice notes about my scans results. I truly appreciate your kind words! The Outlaws greet me this morning with their 9 minute long song: Green Grass and High Tides… My good friend, Mike (from the hood) likes this song when playing songs on our juke box at the local watering hole, because he “gets his money’s worth”… HA! Well, I spilled the beans right out of the starting gate this morning… The currencies got sold in the overnight markets last night… Which is strange to see, because normally, we see the overnight markets be more dollar bearish, but not last night… President Trump upped the ante in this Trade War by telling the mark..

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The Real Trade War Begins!

Jun 18, 2018

June 18, 2018 * Euro has biggest one day drop! * Gold gets whacked by $23 drop! Good Day, and a Marvelous Monday to you! I sure hope that all the “dads” had a fantastico Father’s Day yesterday… I know I did… It sure was hot here though… 98 degrees and the humidity was tough! We spent most of the day in the pool… I was pleasantly surprised when I walked into my usual Friday afternoon watering hole last week, and saw two of my fave former colleagues waiting for me to arrive! My little Christine, and Danielle, or former office manager, stopped by to say hi! I can’t tell you how much I enjoyed seeing them again! I hired Christine when she was a young 20-something, and taught her the business from the ground floor up. I used to make her come in on the weekends to help me with preparations for the next week’s trading. I don’t think she liked me much back then… But through the years we worked things out, and she was my assistant for over 15 years! OK… enough of that… I don’t want to get..

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