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Markets / Other

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Banking Index

Jun 27, 2016 at 07:23

The Banking Index (the BKX) is still showing a very high risk profile, especially after the approved Brexit vote.

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GDX and Gold Rally is Suspect

Jun 27, 2016 at 07:22

The volatility on Friday created a technical aberration. Still, the overall picture hasn't changed.

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After 'Brexit,' Can We Exit a Few Things Too?

Jun 27, 2016 at 06:50

The US would do well to exit the various phony "free trade" agreements that provide advantage to the well-connected elites while harming the rest of us. The act of exit…

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Major Debt and Dow Collapse Will Set Ideal Conditions For Silver

Jun 27, 2016 at 06:47

The current silver bull market is similar to the bull market of the 70s in many ways. Despite the similarities, silver will ultimately perform much better than during the 70s.

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Brexit Drives Gold Frenzy

Jun 27, 2016 at 06:16

The big news this week was that the British voted to exit the European Union. This was not the outcome expected by pundits, or the polls. "Risk on" assets were…

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Stock Trading Alert: More Short-Term Uncertainty As Stocks Extend Their Two-Month Long Consolidation

Jun 27, 2016 at 06:05

Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the SP500 index extends its lower highs, lower lows sequence ...

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EUR/GBP - Continued Increase

Jun 27, 2016 at 05:48

EUR/GBP keeps on increase on the Brexit results. Hourly resistance can be found at 0.8310 (24/06/2016 high) while hourly support is located at 0.7681 (24/06/2016 low). The pair should now…

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Why Did the UK Enter the EU in the First Place?

Jun 26, 2016 at 19:20

Looking back, one really has to wonder why the UK subjected itself to all the inane EU nannycrat rules and regulations in the first place. I can explain. Many readers…

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Market Turning Points

Jun 26, 2016 at 14:42

In the light of what happened Friday, last week's summary turned out to be words of wisdom. The prospects for the stock market bulls have dulled considerably as a result.…

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Brexit Triggers Existential Eruption of EU: 'Disintegration of the EU Practically Irreversible'

Jun 26, 2016 at 13:59

At long last the tyranny of the global financial elite has been slammed good and hard. You can count on them to attempt another central bank based shock and awe…

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