Markets

Jul 09, 2011 at 08:03

We remain in Buy Mode, expecting the markets to continue higher into 7/16. It now appears that the markets may pull back into 8/1. Looking a little further out, a…

Jul 09, 2011 at 07:02

The market is very overbought and seasonality for the coming week is iffy. However, everything you want to see in a bull market has been happening. I expect the major…

Jul 09, 2011 at 06:27

Over the medium-term, like many other broad based indices, the dollar continues to consolidate in a rather large sideways range. Its boundaries however, are not visually discernable in looking out…

Jul 09, 2011 at 06:26

Summary: Long term - on major buy signal. Short term - on mixed signals. We have stops at B/E on existing positions to remove risk, and will add to positions…

Jul 08, 2011 at 17:37

When Ralph Nelson Elliott discovered the Wave Principle nearly 70 years ago, he explained how social behavior trends and reverses in recognizable patterns. You can learn to identify these patterns…

Jul 08, 2011 at 17:35

In the 19th century a saying, long since forgotten, was current on Lombard Street: "There is nothing easier in the world than the banker's profession - provided that he can…

Jul 08, 2011 at 15:42

The moment I re-read the paragraph - subsequent to publishing, I knew it was misplaced. "You will regret the ambiguity and nonchalance", I thought to myself. And here I am…

Jul 08, 2011 at 15:24

The United States Mint has taken the demand for more mass production silver bullion coins seriously of late expanding their offering to a planned total of 57 new coins by…

Jul 08, 2011 at 14:30

In response to Hugo Salinas Price and Michael Pettis on the Trade Imbalance Dilemma; Gold's Honest Discipline Revisited I received a nice email from Michael Pettis...

Jul 08, 2011 at 14:26

Remember one simple truth, 91.8% of ES Futures daily volume is attributed to day traders and computer algorithms. And since not one single person within that group uses macro data…