Wednesday , October 21 2020
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Tag Archives: daily pfennig

Guess What A Spider Whispered To Chuck?

A Pfennig For Your Thoughts Rocktober 15, 2020 * Gold & Silver rally on Wed. but are soft this morning* Dollar bugs have confidence that could be short term?  Good day… And a Tub Thumpin’ Thursday to you! All’s well with my heart and the pacemaker, according to the device specialist and the heart doc. Yesterday… We talked baseball a bit, before getting down the brass tacks… I have to say that going to the hospital for the doctor visit, and parking far away from the door, the whole...

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Traders Finally Pick A Lane, But They Pick The Wrong One!

A Pfennig For Your Thoughts October 14, 2020 * Currencies, metals, Oil, stocks all get sold yesterday * If inflation rises, how does a Central Bank Combat that?  Good Day… And a Wonderful Wednesday to you! We’re in our second day of warmer than usual weather today, and then the bottom falls out tomorrow… So, I’ll need to get outside today to soak up some warm sun before the cold front comes through… I’ve always said that the Fall weather was the best weather we get here in the St. Louis...

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Tired Of Up One Day, Down The Next?

A Pfennig For Your Thoughts Rocktober 13, 2020 * Yesterday was a down day for the currencies & metals * China puts the kyboshes on further renminbi appreciation, for now…  Good day, and a Tom Terrific and Manfred the Wonder Dog day to you! Looky there, I remembered! Amazing things happen every day, and me remembering something from last week, is one of them! I can recall things that went on 10 years ago, but I can’t even begin to tell you what I wrote about last week! UGH! Well,...

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So, Is The Stimulus On, Or Off?

A Pfennig For Your Thoughts October 8, 2020 * Currencies & metals rally on Friday…  * With Friday being an up day, today must be a down day, eh?  Good day… And a Marvelous Monday to you! What a weekend! First, my beloved Missouri Tigers beat LSU on Saturday! And then on Sunday, it was my darling granddaughter, Evie’s, first birthday… I told you about 10 days ago how she was finally taking her first steps, well, now she’s a real pro at walking and even rounded the corner inside out...

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No Soup, I Mean Stimulus For You!

A Pfennig For Your Thoughts Rocktober 7, 2020 * The up one day down the next trend continues… * Chuck goes through his thoughts on the Credit Markets…  Good Day… And a Wonderful Wednesday to you! I said yesterday that an “Indian Summer” would be very welcome here in the Midwest, where quite chilly temps had ruled for the last week. And much to my surprise it warmed up yesterday, and now we’re set to have temps in the mid 80’s for the next week… I know that technically, it’s too early for an...

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What Are The Bond Boys Telling Us?

A Pfennig For Your Thoughts October 6, 2020 * Currencies & metals both rally on Monday * Big Ben Bernanke & Paul Krugman explain GDP…  Good Day… And a Tom Terrific Tuesday to you! I had a reader last week request that I include Tom Terrific’s dog, Mighty Manfred the wonder dog, on Tuesdays… Well, I don’t know If I’ll remember to do it each week, but there it is! How many of you recall Tom Terrific cartoons? I loved the name of his foe: Crabby Appleton, whose saying was, “I’m...

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Do We Really Need The CFTC?

A Pfennig For Your Thoughts Rocktober 5, 2020 * Back & forth, up then down trading continues * Oil slides downward again…  Good Day… And a Marvelous Monday to you! Well, it was a bad weekend, sports wise, for me this past weekend, as both my beloved teams lost… My Cardinals forgot how to hit a baseball again on Friday night, and they were ushered out of the playoffs, after such a promising Game 1 victory… UGH! And then on Saturday, my Missouri Tigers forgot how to play defense in...

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2 More Felony Counts For Price Manipulation For JPMorgan…

A Pfennig For Your Thoughts September 30, 2020 * Currencies & metals give back gains overnight… * Chuck asks, why do people keep getting more stupid?  Good Day… And a Wonderful Wednesday to you! Well, did you watch the debate last night? I didn’t because after cooking for 2 hours, yesterday, for some reason, I just didn’t have anything left in the tank. So I sat down, played some music and forgot about the debate… I’m sure I know who “won” the debate, without looking… But I’ll be...

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The Dollar Bugs Retreat Further….

A Pfennig For Your Thoughts September 29, 2020 * The overnight markets sell dollars!  * What up with the weakness? Good Day… And a Tom Terrific Tuesday to you! Well, I tried something new for today… I got an instacart app, ordered our groceries and today I go pick them up, and they’ll bring them out to the car! No more having to walk around a grocery store with a face mask on…. ( I always had the feeling that they were going to arrest me with my mask on!) But no more! I could have them...

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The Siege On Currencies & Metals Continues!

A Pfennig For Your Thoughts September 24, 2020 * Currencies & metals can’t stop the bleeding…  * JPMorgan to pay a hefty fine for manipulating metals…  Good Day… And a Tub Thumpin’ Thursday to you! Well, yesterday was a day to be forgotten as far as I’m concerned… The sun barely made an appearance, Gold & Silver get rocked again, and my beloved Cardinals lost to the Royals… UGH! They didn’t just lose, they got their butts beat! The road trip ends with a record of 7-6 with the...

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