Speculation is growing whether the Federal Reserve will start tapering tomorrow at the Wednesday September 18th FOMC meeting. By tapering we’re talking about scaling back on the Fed’s $85 billion dollar a month bond buying program which began in November 2008, and arguably has kept the economy and stock market…
One of the most important lessons we learn as traders is that we must be suspicious of the crowd. When everybody is expecting the same outcome, chances are the opposite usually happens. So here are three surprises we should expect this week. This could turn out “nasty” if you’re on…
There has been much debate about whether gold’s nose-dive below 1200 in June was the bottom for the yellow metal or not. In fact, gold’s recent 18% rally from June to August has probably raised more eyebrows than Miley Cyrus’ bizarre “performance” on MTV (ahem!). The gold bulls are shouting…