| Gold •512 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •15 mins | 1,647.70 | +61.50 | +3.88% | |
| WTI Crude •5 hours | 59.08 | +0.43 | +0.73% | |
| Gasoline •8 hours | 1.924 | +0.035 | +1.83% | |
| Ethanol •512 days | 2.161 | +0.000 | +0.00% | |
| Silver •512 days | 30.82 | +1.16 | +3.92% |
| Silver • 512 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 512 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 11 mins | 63.51 | +0.17 | +0.27% | ||
| Natural Gas • 5 hours | 4.650 | +0.092 | +2.02% | ||
| Heating Oil • 1 day | 2.326 | -0.028 | -1.20% |
For the week gold gained just under 2%. GLD closed above the 90 price level I mentioned last week, as well as its 50 dma, both of which represented overhead…
The SPX has either found a top for its rally from early March, or will do so on the next short term advance. If we simply rally to test the…
Although the S&P500 lost 4.9% for the week, the bullish contingent actually grew stronger. This can be seen in the "Dumb Money" indicator shown in figure 1.
Let's say that the symmetry exhibited by the March-May rally with the January-March decline continues into the future. What would the next leg of the S&P 500 look like?
A long-awaited reversal in the monumental global stock market rally since early March finally arrived last week. As the first-quarter earnings season started winding down and post stress-test capital-raising weighed…
A long-awaited reversal in the monumental global stock market rally since early March finally arrived last week. As the first-quarter earnings season started winding down and post stress-test capital-raising weighed…
Gold's latest rally is a microcosm of what I expect for 2009. The rally to date has been a "silent" one in that it hasn't been overly exciting or suggestive…
It's been a steady climb all week, even on minus days the lows were always higher. However, the action still is not enthusiastic. Not that gold is about to plunge,…
In light of this quote, the bearish primary trend that was established on November 21, 2007, when both averages closed below their previous secondary low points, still remains intact and…
I think the market is likely to consolidate for a week or two with the blue chips holding up better than the secondaries, followed by a run to new highs…