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Markets

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First Record Dow, Then Record Gas And Grocery Prices

Mar 06, 2013 at 12:36

Ben Bernanke must have been smirking and nodding smugly all day yesterday. The Dow hit an all-time high at 14,286 and closed at 14,253.77. What's even more impressive is that…

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Peak Oil Is Almost Here and There's No Magic To Counter It: Interview with Dave Summers

Mar 06, 2013 at 10:58

This where we stand, and it's a fairly bleak view: Peak oil is almost here, and nothing new (with the possible but unlikely exception of Iraq) is coming online anytime…

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Dollar's Top, Commodity's Bottom Approaching

Mar 06, 2013 at 10:44

While I suspect this is probably the furthest thing from what most investors expect, I think the dollar index is very close to forming another major top, and once it…

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Some Ratio Charts...A Surprising New Paradigm in the PM Markets!

Mar 06, 2013 at 10:42

How many times have we heard that the precious metals stocks are so oversold and cheap that they can't go any lower and have to rally. They just can't go…

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Copper Inching Toward Confirmation of Bearish Scenario

Mar 06, 2013 at 08:08

A downward breakout now could lead to sustained moves lower. In December, we presented a bearish scenario for copper based on classic Elliot wave analysis. Also, because copper is a…

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Gentlemen, Start Your Presses

Mar 06, 2013 at 07:11

In his Congressional testimony last week in Washington, Fed Chairman Ben Bernanke took time to downplay the significance of the few dissenting voices on the Fed's Open Market Committee (FOMC).

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SPX: Follow Up of the Short Term EWP

Mar 06, 2013 at 05:53

The McClellan Oscillator with the thrust above the zero line is confirming that the SPX corrective pattern from the November lows has began a new up leg.

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EUR/USD: Weak Rebound Thus Far

Mar 06, 2013 at 05:21

EUR/USD has thus far successfully tested its key support at 1.2998 (04/01/2013 low) on a daily close basis. However, it remains under the negative influence of its declining trendline. Hourly…

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UnitedHealth Group Inc: Fundamental Stock Research Analysis

Mar 05, 2013 at 13:29

UnitedHealth Group (UNH) is a leading health care company, serving more than 75 million people worldwide. This article will reveal the business prospects of UnitedHealth Group Inc through the lens…

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Groundhog Day

Mar 05, 2013 at 13:11

As with the movie Groundhog Day, for the stock market it's been the same routine day after day all year now (not witnessed since 1967), where good is good news,…