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Markets

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The Real War on The Middle Class

Apr 27, 2015 at 05:49

One of the great ironies of American politics is that most politicians who talk about helping the middle class support policies that, by expanding the welfare-warfare state, are harmful to…

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GBP/USD - Challenging a Key Resistance Area

Apr 27, 2015 at 05:36

GBP/USD is challenging the key resistance area between 1.5137 (09/03/2015 high) and 1.5166 (see also the declining trendline). Hourly supports can be found at 1.5028 (24/04/2015 low) and 1.4960 (23/04/2015…

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The End Is Near, Part 1: The 'War On Cash'.

Apr 27, 2015 at 05:34

As the saying goes, you can know a person by the quality of his or her enemies. This is also true of societies, where moral evolution can be traced by…

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Market Turning Points

Apr 26, 2015 at 16:01

Last week, SPX tried to make a new high but was restricted by heavy resistance to only fractional gains which immediately attracted sellers. The daily and hourly indicators make it…

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Market Summary

Apr 26, 2015 at 11:45

The Nasdaq composite index achieved a notable achievement on Thursday when it reached a new closing high for the first time since March 10, 2000. Back then, the Nasdaq swelled…

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Market Report: Back into The Bear Suits

Apr 26, 2015 at 06:11

The DOW could do with making a new all time high to potentially complete a possible ending diagonal which in turn could end a larger 5 wave move from the…

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If Other Gold Miners Can Do What Newmont Just Did, Look Out

Apr 26, 2015 at 06:10

The past few years have been brutal for the gold miners, most of which brought it on themselves by starting new, high-cost mines just in time for the metal's price…

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Stock Market, Silver: Week in Review

Apr 26, 2015 at 05:17

From now on, I'm including silver in my updates. There are important issues on the horizon that will involve silver to a greater degree. One of those issues is: J.P.…

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Weekend Market Forecasting and Trading Report

Apr 25, 2015 at 09:20

Our short-term key trend-finder indicators for Blue Chips moved to a Sideways signal April 23rd, as the Purchasing Power Indicator triggered a Buy, at odds with the 30 and 14…

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Technical Market Report for April 25, 2015

Apr 25, 2015 at 09:13

The market is a little overbought. The OTC was up every day last week. The breadth indicators are in good, but not great and Seasonality is positive, but not great.…