Markets

Jul 28, 2011 at 06:03

Gold prices are struggling beneath resistance at 1729-24 and 1640. The yellow metal MUST close above these levels in order to confirm sustainable extensions higher in line with the major…

Jul 27, 2011 at 21:04

After the market closed on July 27, we reviewed the latest news from Washington looking for information that can help us over the next six calendar days. Our current interpretation…

Jul 27, 2011 at 20:01

Seriously, with the right tools in the shed, and some fairly basic advice from Barry Ritholtz of BigPicture blog you will most likely be crowned smarter than 90% of the…

Jul 27, 2011 at 20:00

Dramatic title I realize but look at the charts below and ask yourself if this is purely coincidence or something more telling. Regulars to this site have read posts comparing…

Jul 27, 2011 at 18:10

Today was a panic day that increased in intensity as more news of failed debt ceiling negotiations and pending US loss of its AAA credit rating permeated headlines. As is…

Jul 27, 2011 at 16:35

Another mistake in regard to Dow theory that I'm seeing is the importance of the June low. It seems most everyone is now assuming that the June lows marked the…

Jul 27, 2011 at 16:33

I keep hearing that what is holding U.S. businesses back from expanding and hiring is 'uncertainty.' Exactly what new types of uncertainty businesses face in the current environment vs. past…

Jul 27, 2011 at 14:24

It seemingly dawned on investors today that something smells bad and it isn't clear whether it is something that is already in the trash (say, Greece) or something that should…

Jul 27, 2011 at 13:59

As risk currencies become quickly overcrowded and range-bound equity indices remain the territory of traders rather than investors, silver once again appears as the notable gainer, characterised by richly similar…

Jul 27, 2011 at 17:05

When one looks at 1-3 year charts one can miss the larger picture and mistakenly come to the conclusion that all is well. This is why it is imperative that…