Article Archive | Page 380

Jul 10, 2017 at 06:49

Market Summary For the week, the S&P 500 Index was basically flat up .2% while the Blue Chip-heavy Dow Jones Industrial Average finished where it started. The Nasdaq finished led…

Jul 08, 2017 at 06:28

"Generally speaking (depending on the country), it is appropriate for central banks to lessen the aggressiveness of their unconventional policies because these policies have successfully brought about beautiful deleveragings. In…

Jul 07, 2017 at 10:16

The gold miners’ stocks have drifted lower over the past month, slumping back to major support. This weakness has naturally intensified the bearish psychology engulfing this small contrarian sector, traders…

Jul 07, 2017 at 10:06

In recent issues of Seasonal Insights I have discussed two asset classes that tend to suffer performance problems in most years until the autumn, namely stocks and bitcoin. I thought…

Jul 07, 2017 at 08:10

Short term USDX (USD Index) Elliott Wave view suggests the rally to 97.88 high on 6/20 ended Intermediate wave (X). Decline from there is unfolding as an impulse Elliott Wave structure with extension and ended…

Jul 06, 2017 at 09:33

A team of former traders from Glencore (LON:GLEN) will launch Wednesday an online platform to connect miners with customers such as smelters and sign deals without the need of brokers. The…

Jul 05, 2017 at 09:01

Citigroup’s Economic Surprise Index just hit its lowest level since August 2011. But this level of disappointment has ironically emboldened the Fed to step up its hawkish monetary rhetoric. The…

Jul 05, 2017 at 07:51

July 2, 2017 Current Position of the Market SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators. SPX Intermediate trend: An ending diagonal appears…

Jul 04, 2017 at 09:10

Short term EURJPY Elliott Wave view suggests the decline to 122.35 on 6/15 low ended Intermediate wave (X). Rally from there is unfolding as an impulse Elliott Wave structure with…

Jul 04, 2017 at 08:27

The price of gold dropped from $1,241 as of Friday’s close to $1,219 on the close Monday, or -1.8%. The price of silver fell from $16.58 to $16.11, or -2.9%.…