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Markets

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President Obama Gets An Economic Broadside

Jan 25, 2009 at 00:00

As Obama assumed the presidency an economic broadside was fired across his bow when the financial markets plunged to new lows. The banks remain in a parlous state and unemployment…

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Crude Oil, The Picture Perfect Chart

Jan 25, 2009 at 00:00

Crude Oil is something that I think has huge potential because of its prolonged down trend without any real bounces and also because there is so much interest from traders…

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Investor Sentiment: Waiting For Our Pitch

Jan 25, 2009 at 00:00

The "dumb money" sentiment indicator remains neutral on the equity markets, and the "smart money" remains bearish. It should be noted that this is the seventh week in a row…

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Turning Points

Jan 25, 2009 at 00:00

There are many signs that the SPX and other indices are very close to a low of an intermediate nature. If the proposed Elliott Wave count is correct, we are…

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Gold Market Update

Jan 25, 2009 at 00:00

Gold is now in position to break out to new dollar highs and embark on a very powerful run. It is not its action on Friday which gives rise to…

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Silver Market Update

Jan 25, 2009 at 00:00

Silver`s break higher on Friday was an important positive technical development that has cleared the way for a rapid advance towards the resistance in the $14 area. This move negated…

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To Hold, Or Not To Hold

Jan 25, 2009 at 00:00

We remain in Buy Support Mode, looking for the markets to continue higher into 2/11.

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Words from the (Investment) Wise for the Week That Was (January 19 - 25, 2009): Part II

Jan 25, 2009 at 00:00

Fears about the intensity of the global recession and renewed skepticism regarding the beleaguered financial sector fueled a flight to safety during the past holiday-shortened trading week. President Obama's inauguration…

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Words from the (Investment) Wise for the Week That Was (January 19 - 25, 2009)

Jan 25, 2009 at 00:00

Fears about the intensity of the global recession and renewed skepticism regarding the beleaguered financial sector fueled a flight to safety during the past holiday-shortened trading week. President Obama's inauguration…

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Honest Money Gold and Silver Report: Market Wrap

Jan 24, 2009 at 00:00

Gold was up $40.82 for the week, to close at $899.62 for a +4.75% gain. Perhaps more impressive than what gold did is what it didn't do. Earlier in the…