Gold •138 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 975.20 | +30.10 | +3.18% | |
WTI Crude •10 mins | 68.98 | +1.96 | +2.92% | |
Gasoline •10 mins | 2.012 | +0.063 | +3.23% | |
Ethanol •138 days | 2.161 | +0.000 | +0.00% | |
Silver •138 days | 30.82 | +1.16 | +3.92% |
Silver • 138 days | 30.82 | +1.16 | +3.92% | ||
Copper • 138 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.09 | +2.05 | +2.89% | ||
Natural Gas • 10 mins | 2.929 | +0.106 | +3.75% | ||
Heating Oil • 10 mins | 2.248 | +0.077 | +3.54% |
As expected, the "dumb money" has turned bearish on the markets, and this is a bullish signal. The "Dumb Money" indicator (see figure 1) looks for extremes in the data…
Originally published August 29th, 2010. In the last update we were looking for gold to turn lower, it did turn lower and dropped quite heavily back to its 200-day…
Originally published August 29th, 2010. After looking extremely vulnerable for weeks, silver staged an upside breakout last week that has taken the price away from the danger zone and…
8/29/2010 9:33:54 AM Good Morning Traders, All Signs Point to a bottom in the stock market! But how long will that bottom hold? One of the biggest changes in 2010…
Slightly over one year ago, I received an email from "Morally Conflicted in Arizona" who at the time was considering "Walking Away". I responded to his email on August 18,…
You are not going to believe this, but on Friday, August 27th, we got both a fifth official Hindenburg Omen observation and a 90 percent up day. Completely bizarre combination,…
Brief Intro: A few weeks ago I called for a Pull-Back to set up a Buying Opportunity. That forecast has matured to the point where Buying is eminent. So, with…
The better than expected GDP numbers threw a slight monkey wrench in the trading plan (for you traders out there). I was expecting a gap down open that would break…
Editors note: This is chapter 6 of Douglas Gnazzo's eBook Honest Money. Legal tender laws result from the difference between the legal and the…
In the pre-crisis days, I used to write about things like P/E ratios, secular bull and bear markets, valuations, and all of the things we used to think about in…