Markets

Jun 13, 2016 at 07:19

Well, the Banking Index (the BKX) is holding its up trending and support for now, but its longer term trend is showing a down trending channel. The pressure is on…

Jun 13, 2016 at 07:03

Have you ever wondered why politicians make some immigration illegal and then turn a blind eye to illegal immigration wherever it is happening ... for decades? What about why they…

Jun 13, 2016 at 06:31

For all their alleged anti-fascism, today's neoconned conservatives and progressives both support the use of force to reshape society and the world. This is the defining characteristic not just of…

Jun 13, 2016 at 06:27

The price of gold bumped up thirty bucks, and that of silver about one buck. Is this liftoff -- when the dollar falls sharply, and the price of each metal…

Jun 13, 2016 at 05:59

In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, SP500 index). Our intraday outlook is bearish, and our short-term outlook is bearish.…

Jun 13, 2016 at 05:52

Silver's upside pressures are definitely back on. Hourly support can now be found at 15.82 (01/06/2016 low). Hourly support is given at 17.39 (16/05/2016 high). Stronger daily resistance is given…

Jun 12, 2016 at 20:16

Following news of a potentially flawed on Friday that shows a 10 point lead in favor of Brexit comes an even more incredible poll that allegedly show a 19 point…

Jun 12, 2016 at 18:57

Despite the end of the week sell-off, U.S. equities managed to ward off a major slide due to early week strength in the stock market. Next week could be interesting…

Jun 12, 2016 at 18:04

According to my read, the stock market as measured by the SP500 is about to enter roughly a 12 to 13% correction. A few weeks ago, I wrote about the…

Jun 12, 2016 at 17:39

After showing some negative divergence from long-term to near-term time frames, at the same time that it met a PF projection, SPX had a two-day, 30-point decline which could be…