Dennis Leontyev - Natural Resource Stocks

Market Update- The Big Beautiful Bill: Sector-by-Sector Impact on the Stock Market

Introduction The "Big Beautiful Bill," recently passed into law, has triggered widespread debate and analysis regarding its economic implications. Billed as one of the most comprehensive legislative packages in recent…

June 30, 2025

Dennis Leontyev Daily Update

Fed is on hold for now

The Federal Reserve has very few reasons to move interest rates in one direction or the other. They have refused to heed the president of the United States' call to…

June 30, 2025

Daily Update Dennis Leontyev

Gold Correction?

The Gold market has been consolidating over the last two months after a powerful run on the upside. As the chart illustrates, previous pullbacks were bought when GLD (Gold ETF)…

June 26, 2025

Daily Update Dennis Leontyev

Resilient Stock Market

S&P 500 is just a few points away from the all-time high. This year, the market has faced multiple issues, including tariffs, wars, a weakening economy, extreme overvaluations, and inflation…

June 25, 2025

Essential Macro News Daily Update Dennis Leontyev

The Impact of Conflict in Iran on the Crude Oil Market

Understanding Geopolitical Tensions and Their Ripple Effects Introduction The crude oil market is one of the most sensitive global commodities markets, significantly influenced by geopolitical tensions. Among the most critical…

June 24, 2025

Daily Update Dennis Leontyev

No Change in Fed Fund Rates

The Federal Reserve left the rates unchanged at 4.25% - 4.50%. That was expected. Historically, the Fed follows the 2-Year Note rate with a slight lag. The 2-year note is…

June 19, 2025

Dennis Leontyev Daily Update Market Update

Market Update 06/16/2025

Not So Stable Economy The stop-and-start trade wars have effectively created a stop-and-go economy — one that is subject to the whims of the president and his daily pronouncements about…

June 17, 2025

Daily Update Dennis Leontyev

Israel Iran War

Israel’s Prime Minister Benjamin Netanyahu has confirmed Israel struck nuclear targets in Iran and said the operation will continue for many days. The immediate market reaction is as follows: S&P…

June 13, 2025

Daily Update Dennis Leontyev

VIX May Hold the Clue

VIX is arguably the most critical indicator for recognizing the market environment. There are no absolute highs and lows for the VIX, but it is mean-reverting. This is natural for…

June 12, 2025

Daily Update Dennis Leontyev

Small Caps vs. Large Caps

Over the last four and a half years, we have observed a consistent pattern: large caps have massively outperformed small caps. This is quite unusual, considering that stocks have primarily…

June 11, 2025