Commodity Prices

Gold •374 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,469.90	+57.40	+4.06%
WTI Crude •1 day	68.45	+1.88	+2.82%
Gasoline •1 day	2.187	+0.035	+1.61%
Ethanol •374 days	2.161	+0.000	+0.00%
Silver •374 days	30.82	+1.16	+3.92%

Silver • 374 days	30.82	+1.16	+3.92%
Copper • 374 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	70.36	+1.72	+2.51%
Natural Gas • 1 day	3.314	-0.023	-0.69%
Heating Oil • 1 day	2.447	+0.064	+2.68%

Headlines

759 days Will The ECB Continue To Hike Rates?
759 days Forbes: Aramco Remains Largest Company In The Middle East
761 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,161 days Could Crypto Overtake Traditional Investment?
1,165 days Americans Still Quitting Jobs At Record Pace
1,167 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,170 days Is The Dollar Too Strong?
1,171 days Big Tech Disappoints Investors on Earnings Calls
1,172 days Fear And Celebration On Twitter as Musk Takes The Reins
1,173 days China Is Quietly Trying To Distance Itself From Russia
1,174 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,178 days Crypto Investors Won Big In 2021
1,178 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,179 days Food Prices Are Skyrocketing As Putin’s War Persists
1,181 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,181 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,185 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,185 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,186 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,188 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Robert McHugh

Robert McHugh Ph.D. is President and CEO of Main Line Investors, Inc., a registered investment advisor in the Commonwealth of Pennsylvania.

More Info

Contact Author

Weekend Market Newsletter

By Robert McHugh - Nov 06, 2011, 9:17 AM CST

Stocks should decline this week, according to the highest probability Elliott Wave scenarios, and according to small Head & Shoulders top patterns unfolding. Downside targets are 11,000ish in the Industrials and 1,150ish in the S&P 500. We have a phi mate turn date due next Friday, November 11th. If prices fall hard this week, or move sideways, this turn will be a bottom. If prices rally, that turn should be a top.