Gold faces a move lower if U.S. economic data due this week comes in strong. An improving economy will hurt the price of gold.


Space Exploration

45 years ago Buzz Aldrin walked on the moon. Aldrin has higher space exploration sights, Mars. Too bad our President does not share this vision. The Space Race of the 1960s highlighted in The Right Stuff spurred huge innovation and the technology boom. Hint for the President: we need another space race.

Space Exploration


Putin Cornered

Russian President is risking becoming the outcast of the world for his stance on the shooting down of Flight MH17.



Israel & Ukraine

The back and forth over Ukraine and Israel is getting to be a bit redundant almost ground hog day like.




China Beat But Stocks Fail To React

China reported Q2 GDP grew at 7.5% versus estimates of 7.4%. Good news. However, the Asian markets barely moved.



Stocks in Europe are weaker today on the German ZEW Survey that came in weaker and Banco Espirito Santo hit a new low.

European Weakness


R.V. and Boat Sales On the Rise

Bloomberg this morning reports that R.V. and boar sales are on the rise. These sales reflect consumer willingness to spend discretionary dollars. Ergo, confidence is on the rise in the U.S. economy.

Consumers Back?


Apple A Danger To China

This morning there is a story out of China that Apple’s (AAPL) iPhone is considered a national security threat since the phone can track and time stamp user locations. The article went on to further state that assumptions could be made through tracking to how the economy is fairing in China. This will be a problem for Apple as it is counting on sales in China to drive future growth.



Blood In the Street This Morning

There is blood in the street this morning as S&P 500 futures are down almost -1%. The causes? First, worries about Portugal’s largest lender, Banco Espirito Santo. Second, lower trade numbers from China.



Alcoa Tops Earnings

A The stock traded up in after hours. Here is a quick review of the earnings beat. We expect this to be a strong earnings quarter for stocks.