"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •215 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 996.50 | -6.00 | -0.60% |
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WTI Crude •10 mins | 71.73 | -1.43 | -1.95% |
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Gasoline •11 mins | 2.068 | -0.050 | -2.37% |
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Ethanol •215 days | 2.161 | +0.000 | +0.00% |
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Silver •215 days | 30.82 | +1.16 | +3.92% |
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Silver • 215 days | 30.82 | +1.16 | +3.92% | |
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Copper • 215 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 75.00 | -0.96 | -1.26% | |
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Natural Gas • 10 mins | 3.231 | -0.121 | -3.61% | |
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Heating Oil • 10 mins | 2.400 | -0.063 | -2.57% |
Markets / Other
Even Hedge Funds Can't Understand Today's Manipulated Markets
One of the big surprises of the past few years is the number of brand-name hedge funds reporting terrible results. Their customers are not amused:
SP500 Down 10% into Early September?
This coming week looks choppy and down, with a rally on Thursday, but possibly down hard on OPEX. The 2130's look attainable by Friday.
Comic Relief
The decline in crude oil fell into the Sequential Buy Pattern, which concluded earlier in the week. Also, as Ross pointed out it was declining into support. The market seems…
Sacrificed to the Inflation Gods
Our Federal Reserve is composed of labor market economists who place their faith in the theory that inflation is spawned from too many people working. They believe there is a…
When Will the Bank of Japan Own 100% of Japanese ETFs?
The Bank of Japan is on a rampage buying everything in sight, from stocks to bonds. It's on course to becoming the largest shareholder of 55 companies by the end…
Gold and Silver Supply and Demand Report
The prices of the metals didn't change much this week. We thought we would take this opportunity to quote Warren Buffet. His comment at Harvard in 1998 earns him the…
The IMF Tries to Cause Japanese Unemployment
Deflation can be bad, but it doesn’t need to come with massive unemployment. In Japan, it has not: the unemployment rate is 3.1%, the lowest it has been since 1995.…
Transportation Index
If the Transportation Index (updated below), confirms a Head and Shoulder pattern, then the downside would be about 760 points from where it ended last Friday. If it doesn't experience…
Stock Trading Alert: Stocks Remain Close To New Record Highs, Will They Continue Higher?
In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.
GBP/USD - Monitoring Downtrend Channel
GBP/USD still lies within a downtrend channel. The pair is trading below 1.3000 and the bearish momentum remains lively. Hourly resistance can be located at 1.3097 (08/08/2016 high). Expected to…
