Silver is in a structural bull market and will see significantly higher prices in the coming years. However, now is not the time to be buying. The market has spiked and a retracement is coming. Sentimentrader.com’s public opinion as of last week was over 90% bulls.

With the announcement that QE2 will not end early, the euphoria in the markets seems to be setting us up for a summer market correction followed by the announcement of QE3. I remember May 5, 2010 quite well and I hope you do too.

This week’s rail traffic report from the AAR is a bit more mixed than many of the recent reports.  Carloads actually declined on a YoY basis while intermodal traffic continued …

In a research report this morning Liz Ann Sonders of Charles Schwab discussed the prospects of QE3:
“… what about QE3?
Bernanke didn’t quite close the door on QE3, but made it …

Bullish sentiment rebounded 5.7 percentage points to 37.9% in the latest AAII Sentiment Survey. Optimism that stock prices will rise over the next six months remained below its historical average of 39% for the second consecutive week.

After trying to call the top in equities every other week for the last two years, David Rosenberg has finally thrown in the towel on the bearish calls.  In his …

Let’s expand on the previous post regarding event studies.  The big news of the day was the Fed’s new transparency due to the Fed Chief’s press conference.  But today’s market …

The various Fed banks are big fans of event studies.  They like to take one or two day events and extrapolate out to make very broad conclusions about Fed policy …

Not much to report here from the FOMC decision.   This decision is very similar to the last few.  The key takeaways:

The economic recovery continues at a moderate pace.
The Fed will …

In a recent research report Standard Chartered provided a nice cheat sheet for the increasing energy woes.  They provide a one stop shop for the various impacts on all asset …