Chris Ciovacco

Contributor since: 26 Feb 2010

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• Current Correction Should Be Tamer Than Spring/Summer Plunge

  Published 26 November 2010 | viewed 0 times

  We have some elements in place for corrective activity, including fundamental concerns in Europe and high levels of investor optimism. The spring 2010 correction was…

• Market Says Be Patient With Entry Points For Gold

  Published 24 November 2010 | viewed 0 times

  We own gold, like gold, and plan to buy more gold, but the market is telling us to be patient for a while longer in…

• SP 500 Levels to Watch After Spain Says 'No Problems Here'

  Published 24 November 2010 | viewed 0 times

  The situation in Europe reminds us of a general manager's dreaded vote of confidence for his underperforming and embattled coach. We will expand on some…

• Keeping an Eye on Spain and Portugal

  Published 19 November 2010 | viewed 0 times

  Currently, our fundamental concerns primarily center on the possibility Portugal will become the market's next target soon after some bailout is finalized in Ireland. Eventually,…

• 'Risk On' Trade May Be Back

  Published 18 November 2010 | viewed 0 times

  Countertrend Rallies in Dollar, Euro, Stocks, Silver, Gold, and VIX May Be Over Soon The countertrend rallies in the U.S. dollar (UUP), euro (FXE), stocks…

• How Far Could Stocks Fall?

  Published 17 November 2010 | viewed 0 times

  Probabilistic Study of the Stock Market's Downside Risk (2010-2011) With the financial markets facing uncertainty about the balance sheets of banks and governments in Ireland,…

• Odds Favor Further Downside in Stocks and Commodities

  Published 16 November 2010 | viewed 0 times

  In the very short-term, risk assets have negative alignment of the fundamentals and technicals. Concerns about excessive debt in Ireland seem to be moving toward…

• Stock Market Remains Vulnerable Short-Term

  Published 12 November 2010 | viewed 0 times

  On November 9th, in the Dollar, Euro, Gold, Silver, and the VIX are Poised for Reversals, we outlined numerous concerns related to the elevated odds…

• Dollar, Euro, Gold, Silver, and VIX Poised For Reversals

  Published 10 November 2010 | viewed 0 times

  Numerous factors and markets are telling us the odds of short-to-intermediate-term reversals are elevated for numerous markets including silver (SLV), gold (GLD), the U.S. dollar…

• Dollar Rally Could Impact Gold

  Published 09 November 2010 | viewed 0 times

  We outlined our concerns about a possible dollar countertrend rally in Dollar Rally Still Quite Possible. If the dollar can rally for a time, it…

• Silver May Be Making a Blow-Off Top Today

  Published 09 November 2010 | viewed 0 times

  The silver ETF normally trades 14 million shares per day (3-month average). Today as of 3:00 pm ET, it has traded 114 million shares or…

• Dollar Rally Still Quite Possible

  Published 08 November 2010 | viewed 0 times

  Bears' Grip Is Weakening While the long-term fundamentals related to the U.S. dollar remain bearish, Friday's significant rally in the greenback leaves the door open…

• SP 500 May Be Headed to 1,256

  Published 05 November 2010 | viewed 0 times

  Friday's better than expected employment report aligns well with the market's post-QE2 interpretation the economy is in a little better shape than most believe. Now…

• Market's Early Reaction to QE2 is Bullish

  Published 04 November 2010 | viewed 0 times

  Asset Class Performance After Fed's Quantitative Easing Announcement One day does not make a trend, but sometimes early leadership after an event like the November…

• Quantitative Easing and Asset Price Inflation

  Published 29 October 2010 | viewed 0 times

  A common misconception on Wall Street is that the goal of quantitative easing (QE) is to flood the banking system with additional reserves in the…

• Bulls In Control, But Stock Market Has QE Fatigue

  Published 28 October 2010 | viewed 0 times

  The quantitative easing (QE) talk on the street this week has been along the lines of (a) is quantitative easing baked into asset prices?, (b)…

• What is Quantitative Easing? Fed's Perspective and Writings

  Published 27 October 2010 | viewed 0 times

  Part 3 in a 6 Part Video Series on Quantitative Easing A Wall Street Journal article (10/27/10) on quantitative easing (QE) hints the Fed will…

• Quantitative Easing (QE2): Who Gets the Fed's Printed Money?

  Published 26 October 2010 | viewed 0 times

  Part 2 of a 6 Part Video Series on Quantitative Easing: In Part 1: Quantitative Easing Targets Asset Prices, Not Bank Reserves, we discussed how…

• Video: Quantitative Easing Targets Asset Prices, Not Bank Reserves

  Published 22 October 2010 | viewed 0 times

  With markets coming off of overbought levels, bullish sentiment high, and gold backing off a vertical ascent, we believe investors need to be ready for…

• U.S. Dollar Could Rally In Coming Weeks

  Published 11 October 2010 | viewed 0 times

  When one side of any market gets crowded, it is time to prepare for a possible reversal. While there are numerous reasons to be bearish…