• 484 days Will The ECB Continue To Hike Rates?
  • 485 days Forbes: Aramco Remains Largest Company In The Middle East
  • 486 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 886 days Could Crypto Overtake Traditional Investment?
  • 891 days Americans Still Quitting Jobs At Record Pace
  • 893 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 896 days Is The Dollar Too Strong?
  • 896 days Big Tech Disappoints Investors on Earnings Calls
  • 897 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 899 days China Is Quietly Trying To Distance Itself From Russia
  • 899 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 903 days Crypto Investors Won Big In 2021
  • 903 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 904 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 906 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 907 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 910 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 911 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 911 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 913 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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

  1. Home
  2. Markets
  3. Other

There is Gold in Them Thar Hills

8/21/2014 8:03:21 AM

Good morning Traders,

We are getting a little concerned about gold:

Gold Chart

This is an indicator you will only find here. What it does is identify the point when option writers and option traders are at an extreme. This extreme creates an opportunity. And in our Gold Options Trader service, we have identified the most efficient options to trade gold here. Visit www.stockbarometer.com to learn more. This is similar to the recent set up we had in OIL which is up over 400% in less than a month.

Regarding stocks, as we wind down into options expiration Friday, the market should hang up here as it continues to wind down the overly fearful bottom from a couple weeks ago. At that point, we will review our research and look for divergences or confirmations, which will give us perspective on the potential downside.

Regards,

 

Back to homepage

Leave a comment

Leave a comment