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Markets

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Obama Tax Cuts Will Push Investors Further to Gold

Dec 20, 2010 at 09:39

Starting January, American workers will start to see changes in their paychecks as the Social Security tax break that was signed into law last Friday takes effect. Workers normally allocate…

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Post Expiration Holiday Week Monday

Dec 20, 2010 at 09:12

This week is more critical than you may think... Why? Because we're on the cusp of a key reversal date cluster. This suggests that the market is ready to reverse.

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Stock Markets - Divergence Alert!

Dec 20, 2010 at 08:11

The bulk of the index constituents, 86.4%, are trading comfortably above their 200-day averages. As long as this number holds above 50%, a primary bull market remains intact. However, a…

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A Vote for Gold

Dec 20, 2010 at 07:43

No company has profited more from this bonanza than Carney's former employer, Goldman, Sachs & Co. There were approximately 1,000 employees at the investment bank in 1971. Today, there are…

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The Holiday Grind Is Here For 10 Days Only - Are You Ready?

Dec 20, 2010 at 07:34

It's that time again when volume dries up and prices rise into the new year. A lot of individuals are scrambling to prepare for the holidays, even though we had…

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High Volume Options Expiration Leads to Flat Close...

Dec 20, 2010 at 06:44

Friday was the monthly was a quadruple witching day when stock index options, stock index futures options, stock options, and single-stock futures options expire on the same day. This leads…

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Asininity from Paul Krugman Regarding Money Supply and Ron Paul

Dec 19, 2010 at 19:52

Excuse me but if you are going to attack someone, should you be guessing about what they mean? Krugman then follows up with a strawman attack based on a guess,…

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Market Turning Points

Dec 19, 2010 at 19:24

The SPX is trying, once again, to reach its 1248 target. Whether it does or not, all signs point to the need for a short-term correction, possibly starting as early…

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Investor Sentiment: Tough Being Bearish

Dec 19, 2010 at 19:14

First, let me explain what I mean by bearish. This should NOT be a bull market top leading to a bear market. Bear markets come about when "buying the dip"…

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Elliott Wave, The Next Generation Part I

Dec 19, 2010 at 09:31

As we draw to the close of another landmark year in the financial markets, it's a good time for traders/investors to critically review their past years performance, and prepare for…