Markets

Dec 18, 2011 at 08:50

After bouncing off chart support at 1210, the SP500 closed the week at 1220, the level identified in last week's article. And just like last week, we continue to monitor…

Dec 17, 2011 at 17:36

If you look hard enough at the charts, you might be able to see the infamous Santa Claus pattern. It is a price pattern that looks like a rotund person…

Dec 17, 2011 at 16:21

The technical indicators look pretty bleak, but seasonally, the next two weeks have been among the strongest of the year. I expect the major averages to be higher on Friday…

Dec 17, 2011 at 16:17

First What Happened on the day of ECB head Mario Draghi’s Press Conference on 12/8/2011. What we see is how this speech caused, a very predictable reaction from traders. Sequence…

Dec 17, 2011 at 16:15

After over four months since I compared the current market's price structure to the 1987 crash - the analog quietly keeps replicating. From this perspective - the market get's its…

Dec 17, 2011 at 16:13

Dow theory and the quantitative methods that cycles analysis offers are very good tools for interpreting price. The most recent example of this occurred at the August/October bottom. While everyone…

Dec 17, 2011 at 16:10

Having fought a stalwart battle above $1,700 and having seen over $1,900 this year, gold has not done as so many analysts have believed it would and risen through $2,000.

Dec 17, 2011 at 16:09

Today my missive is short and simple. I strongly suggest you re-read my personal / private blog postings of the last couple of weeks. There are about 8 - 9…

Dec 17, 2011 at 08:43

In my last report a few days back, I spoke of the 1208ES area, it held for now, but the lack of upside is slightly troubling and with no real…

Dec 17, 2011 at 08:41

Summary: Long term - on major buy signal. Short term - on sell signals. We took profits on our long USD position and shall now wait for the gold cycle…