| Gold •507 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •10 mins | 1,524.20 | +7.00 | +0.46% | |
| WTI Crude •22 hours | 58.06 | -0.94 | -1.59% | |
| Gasoline •22 hours | 1.883 | -0.035 | -1.82% | |
| Ethanol •507 days | 2.161 | +0.000 | +0.00% | |
| Silver •507 days | 30.82 | +1.16 | +3.92% |
| Silver • 507 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 507 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 21 hours | 62.56 | -0.82 | -1.29% | ||
| Natural Gas • 22 hours | 4.580 | +0.106 | +2.37% | ||
| Heating Oil • 22 hours | 2.456 | -0.077 | -3.04% |
The breadth indicators are overwhelmingly negative, but the market has been following the seasonal pattern with a positive bias. The seasonal pattern next week has been, on average positive.
Summary: Long term - on major sell signal since Mar 2012. Short term - on sell signals. Gold sector cycle - down as of 8/8. COT data suggests a top…
The Dow Jones Transports (DJT) is on massive resistance. The DJT is a proxy leader for the DJI.
Things are turning interesting again.
With a degree in Geophysics this writer has found the story about man-caused global warming fascinating. Fascinating in its blatant abuse of the discipline and skepticism that has driven the…
You'd think that the US dollar has suddenly become strong, and the chart below of the other three major currencies confirms it.
Disregard disease (Ebola), rising sea levels, simmering religious tensions, the potential for wars over resources. Disregard financial calamity, malfunctioning governments and lying sleazebag politicians leading us down the garden path.
Is the post-Cold War global boom over? Since the fall of Bolshevism, the world has seen remarkably sustained growth in international cooperation, brought about by freer trade and new technologies.…
In a recent memo to Oaktree Capital clients, Chairman Howard Marks writes about "the time I spent advising a sovereign wealth fund about how to organize for the next thirty…
Gold and silver have been pounded lower over the past month, contrary to their bullish seasonals. This selling pressure has come from the usual suspects, American futures speculators. They've been…