Jesse's Café Américain
Even this 'near record fine' is likely to be little more than a wrist slap, a manageable cost of doing business compared to the massive profits and bonuses obtained from such dealings.It appears that financial regulations such…Read
Tomorrow evening September 8th begins the Jewish holiday season Rosh Hoshanah with Yom Kippur on September 17th. The old Wall Street saying from the 1920's was "Sell Rosh Hoshanah and buy Yom Kippur." However, in modern times…Read
Gold DailySilver Weekly …Read
When the US government announced a 'better than expected' headline growth number in its non farm payrolls report for August, a loss of 'only' 54,000 jobs versus a forecasted loss of 120,000 jobs, people had to wonder, 'How do…Read
Gold DailySilver WeeklySilver Weekly with Alternate Formation …Read
A sleepy day in New York trade, and the markets showed light volumes with a late day push higher led, as always, by the SP futures. The index futures front month will be rolling over in a few weeks to December. Can believe it!…Read
Gold DailySilver Weekly …Read
SP 500The 50 day moving average is around 1081 and the 50 percent retracement for the entire decline is indicated on the chart.Today's rally appears to be a technical relief rally, in which the wiseguys squeeze the speculators…Read
Breaking news from Bloomberg...J. P. Morgan said today that they will be shutting down their proprietary commodity trading operations in reponse to the Volcker Rule in the Financial Reform legislation.The JPM proprietary…Read
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