Markets

Oct 01, 2012 at 06:37

It's been a great run over the last two months but it may be time to tighten stops on mining stocks. You can see in the chart below that at…

Oct 01, 2012 at 06:36

Spain, Greece, Portugal, and Italy are all on the same track and the wrong track. All need work rule reform and lower taxes. Instead, the countries have been short on…

Oct 01, 2012 at 05:17

The lack of a base formation or sell-off suggests that the recent Euro strength is a rebound within an underlying downtrend. The current weakness near the 38.2% retracement of the…

Sep 30, 2012 at 17:58

I have analyzed the daily SPX chart in great detail to show that the preferred scenario is a continued decline to about 1414/1424, followed by a rally to test the…

Sep 30, 2012 at 16:19

The fundamentals for gold and silver appear to be making a positive turn as the US, ECB and Bank of Japan simultaneously signals Worldwide QE3. The charts are just beginning…

Sep 30, 2012 at 16:17

Typically at final tops is an oversold rally among the Dow Components and flagship stocks that 'juice' the broad averages higher, but few of these individual names actually make new…

Sep 30, 2012 at 16:16

SPX has ended the month of September with 'quasi' a shooting star, which is strengthening the scenario that I am working with of a retracement of the up leg from…

Sep 30, 2012 at 11:54

One of the great gifts left to us by twentieth-century technician, George Lindsay, was his identification and categorization of what he called the standard time spans. He traced these time…

Sep 30, 2012 at 11:38

The repudiation by the markets of Federal Reserve policy is almost complete. Economic numbers continue to deteriorate, but from the beginning, Fed policy has not been about the economy. The…

Sep 30, 2012 at 11:36

Last week we mentioned the importance of the 1450 level, and that a break below would signal a short-term trend reversal. That level was broken on Tuesday, and later acted…