"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 14 mins Bezos’ Space Flight Gamble
  • 2 hours Is This The Answer To High Gasoline Prices?
  • 4 hours Netflix Shock Hits FAANG Stocks Hard
  • 20 hours Foreign Investors Losing Interest In The U.S.
  • 21 hours Chinese Police Bust $1.5B Crypto Gambling Scheme
  • 22 hours Can Artificial Intelligence Compete With Real Doctors?
  • 23 hours UK Stocks Bounce Back From Worst Selloff In Years
  • 1 day Geopolitical Uncertainty Weighs On Global Markets
  • 1 day Gold May Still Be On Its Way Down
  • 1 day Bionic Cells: The Future Of Solar Energy?
  • 2 days The Biggest Winners Of Q2 Earnings Season
  • 3 days Experts Suggest A Gold Shortage May Be Looming
  • 4 days The World Is Drowning In $247 Trillion Debt
  • 4 days Tightening Immigration Policy Could Hurt The Tech Sector
  • 4 days The First Bitcoin ETF Might Be Just Months Away
  • 4 days U.S. Rent Costs Hit All-Time High
  • 4 days European Allies Plan To Continue Trade With Iran
  • 4 days Bitcoin Bounces Off Key Resistance Level
  • 5 days These 3 Industries Are Immune To The Trade War
  • 5 days Is This The Answer To The Looming U.S. Healthcare Crisis?
Life Returns To S&P 500 Ahead Of Earnings Report

Life Returns To S&P 500 Ahead Of Earnings Report

It’s earnings season again and…

Netflix Shock Hits FAANG Stocks Hard

Netflix Shock Hits FAANG Stocks Hard

Netflix released its surprising second…

These 3 Industries Are Immune To The Trade War

These 3 Industries Are Immune To The Trade War

U.S. President Donald Trump has…

Stock Barometer

Stock Barometer

Stock Barometer

Stock Barometer is completely independent. We have never and will not ever accept compensation from any company whose stock we recommend. Our goal is to…

Contact Author

The Week Ahead

6/9/2014 5:47:10 AM

Good morning traders,

As we peruse our universe for opportunities as noted by extremes in price, internals or sentiment, here's what we see.

First we'll take a look at some stock market indicators:

NASDAQ Yearly New Lows

Bond Stock Transfer Model

ECRI Growth rate of Change

Expected One Month Return

Now switching to gold:

Gold Put/Call Ratio

How about the action of traders in UNG?

UNG Put/Call Ratio

And relatively speaking between UNG and USO:

UNG versus USO Relative Strength

OIL One Month Expected Returns

Accordingly, as we set up this week, we see the stock market setting up into the expiration on the 20th and expect a top forming around that period. That gives us 2 weeks of stock market action where we should see further extremes setting up opportunities in gold and oil.

Regards,

 

Back to homepage

Leave a comment

Leave a comment