"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •86 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,022.00 | -0.20 | -0.02% |
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WTI Crude •4 hours | 68.18 | +0.51 | +0.75% |
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Gasoline •5 hours | 1.953 | -0.008 | -0.42% |
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Ethanol •86 days | 2.161 | +0.000 | +0.00% |
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Silver •86 days | 30.82 | +1.16 | +3.92% |
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Silver • 86 days | 30.82 | +1.16 | +3.92% | |
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Copper • 86 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 4 hours | 71.98 | +0.38 | +0.53% | |
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Natural Gas • 4 hours | 2.902 | +0.149 | +5.41% | |
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Heating Oil • 4 hours | 2.133 | -0.003 | -0.16% |
Markets / Other
Stock Trading Alert: Major Indexes Reached New Record Highs - But Will They Continue Higher?
In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, SP500 index). Our intraday outlook remains bearish, and our short-term outlook is bearish.…
Gold - Pause in Bullish Momentum
old recovery rally has stalled yet limited correction suggests extension of bullish momentum. Strong resistance is located at 1185 (28/11/2017 high). Hourly support is given at 1171 (intraday low). Strong…
Market Turning Points
Last week's call for the beginning of the intermediate correction turned out to be premature. Since then, the SPX has reluctantly made a new all-time high, but the DOW amusingly…
No Seller in 'Thin to Win' Stock Market
As seen in the 2016 chart below, despite the fourth-quarter crash, gold stocks were far and away the best performer up 60%. For the major equity classes midcap shares like…
Debt Surge Producing Fake Recovery
Unfortunately, the reason for the improvement is emphatically not good: In 2016 the world borrowed a huge amount of money and spent the proceeds. The result is "growth," but not…
China Potentially Threatens a Near Term Us Treasury Short Squeeze!
Problems in China are looming on top of an already very tenuous and misunderstood situation in the US Financial Markets. Additionally, Federal Reserve Policy has made the situation even more…
Technical Market Report for January 7, 2017
The continued deterioration of new highs is troublesome while the simultaneous deterioration of new lows is reassuring. I expect the major averages to be higher on Friday January 13 than…
This Past Week in Gold
Summary: Long term – on major buy signal. Short term – on buy signals. Gold sector cycle is up. We remain neutral and out of this sector until conditions are…
Wave Counts Clear in the DOW and GOLD, Interesting Times Ahead
The market burst back into life this week and hidden within the price action are some interesting hints of what is to come in the future.
Just the Facts
Chinese state media warned U.S. President-elect Donald Trump that he'll be met with 'big sticks' if he tries to ignite a trade war or further strain ties. 'There are flowers…
