Markets

Oct 10, 2004 at 00:00

The DOW attempted another run through the upper channel line and failed again. This line is now forming strong resistance and has held the DOW back four weeks. A break…

Oct 11, 2004 at 00:00

Two weeks ago, the bond markets were indicating economic weakness, and rates headed lower. Last week, prior to Friday's jobs report, some new data showed a "stronger" economy, and rates…

Oct 10, 2004 at 00:00

One can never know precisely when a long term cycle will make its low, but it does appear that the 10-year cycle is beginning to turn up and has begun…

Oct 10, 2004 at 00:00

The XAU has now come face-to-face with pivotal resistance at 105. This level should be overcome in the next few days, with 110-115 the next major upside target. The rising…

Oct 10, 2004 at 00:00

Take note that the Dow Industrials ended their two decade Bull Market on 1/14/2000. They topped there and ever since have been in a secular Bear market. Since this dramatic…

Oct 09, 2004 at 00:00

The short term rally that began two weeks ago ended last Wednesday with 7 consecutive up days on the NASDAQ composite. This is the third time in the past year…

Oct 09, 2004 at 00:00

I believe that in the very long run, the broad stock market as represented by the DOW or the S&P 500 will deliver 6-7% returns (plus dividends). By long run,…

Oct 09, 2004 at 00:00

The metals markets are bubbling and many are hitting impressive highs. But there's also a presidential election coming up, which could go either way and many investors are wondering how…

Oct 08, 2004 at 00:00

The spectacular oil market of late has transcended the usual market boundaries and captivated the attention of everyone. It is not only the hardcore commodities bull crowd that is paying…

Oct 08, 2004 at 00:00

Now, looking at the Gold/Dow relationship between 2002 and now, we can see that gold and the Dow were "enemies" from 1996 all the way to March 2003 when the…