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Markets

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Precious Metals and 200-Day Moving Averages

Mar 20, 2017 at 06:36

The precious metals complex enjoyed a strong week mostly due to a post-Fed explosion on Wednesday. Although gold stocks sold off to end the week, they finished up almost 5%…

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Stock Trading Alert: Uncertainty Following Interest Rate Increase - Will Uptrend Continue?

Mar 20, 2017 at 06:29

In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.…

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Option's Timing Indicator

Mar 20, 2017 at 06:27

The Momentum Gain/Loss Indicator had a positive tick that was a little lower. This is a Danger "possibility" with a positive bias "trying" to build stronger.

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AUDUSD - Monitor the Key Resistance at 0.7778

Mar 20, 2017 at 06:05

AUD/USD has successfully tested the support at 0.7497. A break of the key resistance at 0.7778 (08/11/2016 high) is needed to open the way for further strength. Hourly supports can…

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Gold and USD Cycles: A Roadmap

Mar 20, 2017 at 06:04

Monday will be day 6 of Gold's third Trading Cycle (TC) out of the December 2016 Yearly Cycle Low (YCL). Next week's price action will be critical in determining if…

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A Stock Market Dip in the Offing?

Mar 19, 2017 at 17:18

Right now, the coming dip could be a little scary, but shouldn’t amount to much, maybe around 4%. My guess is the first couple of days next week should see…

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Obamacare Repeal or Obamacare 2.0?

Mar 19, 2017 at 17:05

This Thursday, the House of Representatives will vote on a Republican bill that supposedly repeals Obamacare. However, the bill retains Obamacare's most destructive features.

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Market Turning Points

Mar 19, 2017 at 17:02

SPX started a correction after it reached the 2400 target. Until now, it was not certain if it wanted to continue to the 2410 extension before correcting. Friday’s action strongly…

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Why The Status Quo Is Under Increasing Attack By 'Populist People Power'

Mar 19, 2017 at 14:20

We need to fully appreciate yet another example of what the mainstream media doesn't yet get! The "People" increasingly don't see the system working for them anymore and have as…

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Welcome to the Third World, Part 21: State Schools Scale Waaayyy Back

Mar 19, 2017 at 14:13

Readers of a certain age will remember when state universities were a bit spartan but extremely cheap. Middle class families could send their kids to Ohio State or UCLA without…