Markets

Dec 15, 2014 at 08:00

If we lived in a normal word of fiscal propriety, the falling oil price would be viewed as something to celebrate, as it reduces costs across the board, and should…

Dec 15, 2014 at 07:58

Silver broke out of its 5-month downtrend last week as expected, but, as with gold, the move was unfortunately not confirmed by action in stocks, which have continued to drift…

Dec 15, 2014 at 07:02

In our opinion, speculative short positions are favored (with stop-loss at 2,085 and profit target at 1,950, SP500 index).

Dec 15, 2014 at 06:42

S&P500 has turned sharply to the downside last week, more important, price finished the week at the lows which means that a lot of bearish sentiment is now involved on…

Dec 15, 2014 at 06:39

Silver is showing some signs of weakness near the resistance at 17.41, as can be seen by the break of the hourly support at 16.93 (11/12/2014 low). A break of…

Dec 14, 2014 at 19:07

Congress could not have picked a worse Christmas gift for the American people than the 1,774-page omnibus spending bill. Unfortunately, we cannot return this gift.

Dec 14, 2014 at 18:00

The Dow industrials and major European equity indexes posted their biggest weekly losses in three years, with benchmark SP500's seven-week streak of gains. As confirmed in the updated chart below,…

Dec 14, 2014 at 17:58

So the markets are getting skittish and the media is obsessing about the many things that could go wrong out there. It's like 2007 all over again, but with one…

Dec 14, 2014 at 17:56

The sharp correction which was experienced by most indices has now brought the SPX close to a potential support level which should create a bounce when reached. There are many…

Dec 14, 2014 at 09:05

Using price, trends, and two specific measured moves as our guides, in concert with a dose of Elliott Wave labeling, the chart below illustrates the unfolding big-picture overview of the…