Author Archive for sterlinginvestments

Sterling Market Commentary for Wednesday March 6th, 2013

In today’s edition of the Sterling Market Commentary we take a look at other market bubbles and attempts at market manipulation that have occurred in recent decades and their results. We ask the question of why the manipulation of the bond market by the Federal Reserve Board should produce any results that are different from the outcome of other market manipulation efforts?

Sterling Market Commentary for Tuesday February 5th, 2013

A Look at Monday’s Market: The overall market moved sharply higher on Monday in a broad based move that erased the majority of Friday’s gains. I would like to point out that the Dow Jones Industrial Average has essentially reached an area of upside resistance that I wrote about in the January 22nd and January 18th editions of the Sterling Market Commentary. For a variety of reasons, I am not surprised to see a pause, a little profit taking, just a down day, or however you would like to describe Monday’s market.

In the commodities markets, Oil was sharply lower by $1.60 to $96.17 per barrel, and Gold was higher by $5.80 to $1,676.40 per ounce. In the grain markets, Wheat was lower by $0.020 to $7.630 per bushel, and Corn was lower by $0.016 to $7.342 per bushel, while Soybeans were higher by $0.144 to $14.886 per bushel.