Markets

May 19, 2013 at 16:16

Based on both recent history and mainstream economic theory the past few years should not have been possible. When you cut interest rates to near-zero, run deficits of 10% of…

May 19, 2013 at 16:13

The stock market has once again extended so far that taxi drivers are once again experts in the stock market ...

May 19, 2013 at 16:11

With the US Dollar Index taking out the critical level of 83.66 mentioned a few weeks ago, it invalidated the previous Elliott Wave count I had for the pattern since…

May 19, 2013 at 07:20

In all honesty Thursday's bearish set up (Daily Harami candlestick) was a feeble one due to the lack of an impulsive decline so I made a fool of myself of…

May 19, 2013 at 07:18

I'm building financial models for more than 10 years and it is not easy because it takes a lot of time (mostly at night, ....) and it costs a lot…

May 18, 2013 at 13:20

Foreknowledge for which those in silver thirst, cannot the wise men, astrologers, magicians, and soothsayers show unto them; but there is evidence that may reveal such knowledge, and make known…

May 18, 2013 at 06:49

Two weeks ago we concluded that market breadth is just bottoming out, and the pendulum should be swinging in the overbought direction. As the chart below shows, that swing is…

May 18, 2013 at 06:39

The market is overbought, but, seasonally the coming week has been very strong and the Fed is throwing $85 billion a month at the markets. I expect the major averages…

May 18, 2013 at 06:04

We are going to start off with one of the most eye-popping pictures of just one central bank, the privately owned corporate Federal Reserve, and its purported gold holding. Occasionally,…

May 18, 2013 at 06:03

Summary: Long term - on major sell signal since Mar 2012. Short term - on sell signals. Gold sector cycle - down as of 4/05.