"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •88 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 993.90 | -28.10 | -2.75% |
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WTI Crude •10 mins | 67.97 | -0.21 | -0.31% |
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Gasoline •2 hours | 1.954 | +0.001 | +0.05% |
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Ethanol •88 days | 2.161 | +0.000 | +0.00% |
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Silver •88 days | 30.82 | +1.16 | +3.92% |
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Silver • 88 days | 30.82 | +1.16 | +3.92% | |
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Copper • 88 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 14 mins | 71.46 | -0.52 | -0.72% | |
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Natural Gas • 10 mins | 2.929 | +0.027 | +0.93% | |
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Heating Oil • 12 mins | 2.130 | -0.003 | -0.13% |
Markets / Other
Crude Oil - Bouncing Within Uptrend Channel
Crude oil is trading within short-term uptrend channel. Support can be found at 49.15 (10/10/2016 low) then 46.50/68 (22/09/2016 high). Buying pressures are diminishing and we maintain our bearish view.…
Obama's Pivot to Asia Hits a Roadblock in the Philippines
Will US-Philippine relations continue to spiral downward? Or will Washington begin to see that its aggressive foreign policy, in Asia and elsewhere, is beginning to alienate allies?
Market Turning Points
SPX appears to be making a rounding top and should see the correction steepen into its mid-to-late November low, perhaps ending with a small climactic move before the start of…
Stocks to Plunge in 2017, War is Possible
There should be a strong rally leg that starts after the U.S. election and lasts into year end to complete every degree of stock market price pattern topping now: the…
The Boredom Before The Storm
The current financial market insouciance is no more sustainable than that of 2006 because it's caused by temporary factors that can't continue without themselves causing turmoil. Debt, for instance, can't…
Large Sell-off in Stock Market Looming
There has been much written about the 4-generation 20-22 year cycles (totaling 80-88 years) in the Fourth Turning. The year 2016 represents the 240 year cycle from 1776. Not only…
Another Lehman Blunder Coming Up?
Telegraph writer Ambrose Evans-Pritchard says the Fed risks repeating Lehman blunder as US recession storm gathers. The key problem with Pritchard's superficial analysis is the Lehman bankruptcy is ...
Technical Market Report for October 22, 2016
The market had a weak rally last week, unconfirmed by the breadth indicators. Seasonality next week is weak. I expect the major averages to be lower on Friday October 28…
This Past Week in Gold
Summary: Long term – on major buy signal. Short term – on mixed signals. Gold sector cycle – is down but can be bottoming. Trend is down. Correction continues but…
GLD Bleeds Out: Weekly Gold Update
The one factor that gold bulls have had going in their favor during the recent selloff that occurred in gold and the gold mining shares in this month of October,…
