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Markets

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Rally IS Over

Jul 21, 2016 at 17:09

Many fund managers and analysts are calling for much higher prices in the market near term, medium term, and long term, extremely bullish sentiment. These are the ingredients for making…

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Gold: Plan B

Jul 21, 2016 at 10:21

The aftershock of the surprise Brexit mess continues amid political turmoil and contagion concerns. Longer term, there is no question that the fears are justified but amazingly, no one had…

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Erdogan Scorecard: 50,000 Detained or Fired Generals, Judges, Teachers, Police, Others

Jul 21, 2016 at 09:11

Inquiring minds may be interested in the number of military officers, generals, judges, teachers, and ordinary citizens detained or fired by Turkey's president Recep Tayyip Erdogan.

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Gold and Silver Trading Alert: Not Everything Is Bullish for Gold

Jul 21, 2016 at 08:59

We would like to stress that the long-term outlook for the precious metals sector is positive due to the positive fundamental situation as far as the very long-term uptrend is…

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Elliott Wave Analysis On 10 Year US Notes And SP500

Jul 21, 2016 at 08:39

10 Year US Notes are trading at new low, but this may be only a spike in wave B that is part of an ongoing correction. We are still waiting…

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$GBPAUD Short Term Elliott Wave Analysis

Jul 21, 2016 at 06:51

Short term Elliott Wave structure suggests rally from 7/11 low is unfolding as a double correction where wave W ended at 1.763 and wave X pullback ended at 1.731. From…

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Stock Trading Alert: SP500 At New All-Time High - Will It Continue Higher?

Jul 21, 2016 at 06:42

In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.…

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Silver - Monitoring Support At 19.23

Jul 21, 2016 at 06:33

Silver is still located in a short-term bearish retracement channel. Nonetheless, selling pressures seem weak. Hourly support is located at 19.23 (08/07/2016 low) while resistance is given at 21.13 (04/07/2016…

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Stock Market Higher, Gold Down

Jul 20, 2016 at 18:37

The charts below show the stock market going higher into July 29th while GDX goes lower. A few months back I said that I thought the SPX would make new…

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Podcast: It's Not The Event That Matters But The Response To The Event

Jul 20, 2016 at 18:33

Brexit looked like the end of the world -- until people figured out that central banks would have to ease in response. Then markets turned positively jubilant with US stocks,…