Gold •171 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 936.40 | +12.90 | +1.40% | |
WTI Crude •1 day | 69.46 | +0.08 | +0.12% | |
Gasoline •1 day | 1.942 | +0.019 | +0.98% | |
Ethanol •171 days | 2.161 | +0.000 | +0.00% | |
Silver •171 days | 30.82 | +1.16 | +3.92% |
Silver • 171 days | 30.82 | +1.16 | +3.92% | ||
Copper • 171 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 72.94 | +0.06 | +0.08% | ||
Natural Gas • 1 day | 3.748 | +0.164 | +4.58% | ||
Heating Oil • 1 day | 2.232 | -0.006 | -0.27% |
Contributor since: 01 Oct 2012
Bob Loukas is the founder of "The Financial Tap", a membership site dedicated to helping traders and investors navigate the markets while increasing their expertise and understanding. Bob has over 20 years of experience in trading the markets, is a life-long student of economics, and has an abiding passion for the financial markets. Much of his investment philosophy is top-down in nature, beginning with a global and macro outlook which is used to create a framework that drives his intermediate investments.
As the days and weeks continue to pass, gold is struggling to show us anything close to the strength seen during the 2016 rally. And…
I like this Crude oil decline, and to date, it has been a picture perfect Cycle's development. Members of The Financial Tap were already tracking…
Gold Silver Ratio One aspect of the precious metals market today that I like is the Gold Silver Ratio. It appears to have topped, right…
This is the 3rd piece on gold that highlights how unloved gold remains today. Considering the 2016 rally in gold and the turbulent times we…
Back in December, I noted that there was not a Gold bull to be found (See post: Not a Gold Bull in Sight) and that…
In last weekend's report, we covered how the Daily Cycle count was stretching too far, so marking a Nov 15th Daily Cycle Low (DCL) made…
Equities sold off sharply as the election results started to come in, but by the end of the week, the market had settled generally higher. …
The Gold market continues to be lethargic. Two weeks ago, negative rumblings about Deutsche Bank pushed Gold higher out of the Half Cycle Low. But…
An except from the Financial Tap Weekend Report – See here for more detail. Friday's 2% + decline in the equity markets was impressive.…
What we know for certain is that the Daily Cycle is well into the timing band for a Daily Cycle Low (DCL), and has reached…
Bond Sentiment will lead to a Cycle Turn The Bond market has obviously been in a strong rally since the April Investor Cycle Low (ICL).…
Crude has finally reversed higher to recover some of its recent losses, and is now showing clear evidence of a new Daily Cycle (DC) and…
This is a follow up post to last month's blog post - Gold is Ready to Perform and is an excerpt of the weekly premium…
Gold Rally A solid bid returned to the Gold sector this past week as the market saw a solid Gold Rally. And the GLD ETF…
Gold Rally In my opinion, gold's Cycle is setup well for a surprise, $200 Gold rally. Gold has reached an interesting crossroads and based on…
The price correlation between the Crude and equity Cycles was on full display last week. The only real difference is the relentless nature of Crude's…
Even though Gold did not continue higher this week, sentiment still seems to be dangerously elevated. Talk of $2,000 Gold and a new bull market…
This blog post is a continuation of the bearish theme I highlighted and posted for you back in December, titled: Game Changing Action Maybe 2016…
It appears as if the worm has finally turned for the equity markets. The S&P 500 recorded its largest weekly decline since August, and the…
This is the final chapter of this intermediate gold Cycle, and it's likely to get ugly. If you've followed the blog these past few months,…