Markets

Mar 04, 2017 at 08:24

The breadth indicators continued to deteriorate in spite of new all time highs in the major indices. Seasonality remains positive for another week. This is a little reminiscent of March…

Mar 04, 2017 at 07:25

COT data has been instrumental in guiding us and helping us navigate market conditions during a bull and bear market. The latest COT data is quite alarming, and has our…

Mar 04, 2017 at 06:34

The Fed surely hopes to offload some of their tightening work to the financial markets. So far, ebullient markets seem rather determined to sustain ultra-loose financial conditions. If inflationary forces…

Mar 03, 2017 at 15:03

While we expected the gold stocks to correct and test GDX $22 and GDXJ $35, we did not expect it to happen so quickly. It literally took only three days!…

Mar 03, 2017 at 08:24

Using the most representative or notable index/ETF for each segment, let's update the general status for a range of items (U.S. and global stocks, T bonds, commodities and gold) with…

Mar 03, 2017 at 08:23

As everyone knows, the aftermath of the U.S. presidential election was a disastrous time for the yellow metal. However, gold rebounded at the beginning of 2017, gaining almost 6 percent…

Mar 03, 2017 at 07:05

Revised short term Elliott Wave view in SPX suggests that the rally from 1/23 low is unfolding as a 5 waves Elliott wave impulse structure where Minor wave 1 ended…

Mar 02, 2017 at 17:39

It can be difficult, even for dyed-in-the-wool perma-bulls to hold onto precious metals, let alone buy more. We see the Dow trading above 20,000 (placing this into perspective, is that…

Mar 02, 2017 at 16:27

Rather than immediately wonder how the main stream media became corrupted, it is appropriate to recall when only the tabloids were suspect.

Mar 02, 2017 at 09:11

The US dollar price of gold does not tell us anything about other countries and their currencies. To know that we must look at exchange rates of those currencies relative…