Recent market action has led many investors to ask the question in our headline, "Has the bottom been seen on the Dow?" This question is a valid one and worthy of our attention. If this question can be answered in the affirmative, then we...
Our recent forecast of an imminent stock market sell-off was nullified last Thursday when the Dow Jones decided it had other plans and proceeded to leap nearly 400 points to the 8300 level—a level unseen since August.
The gold market last week did not disappoint goldbugs and investors who are keeping close watch for a possible turnaround. Yet it still has not yet provided us with the decisive penetration above $304/oz. that is needed in order to confirm...
The outlook for U.S. and world equities was firmly bearish last week and we expect it to remain so for the balance of the year.
U.S. equities markets entered the initial stages of what we consider to be a crash last week. While not reflected in the Dow Jones Industrials, other stock market indices showed tremendous weakness and experienced profound losses, while...
Fear and panic becoming predominant sentiments among global investors
Bears were rewarded last week on Wall Street as a significant and long-standing technical development finally culminated with share prices falling hard towards the end of last week.
After enduring several years of harsh investor sentiment in the form of depressed share prices, several Canadian gold mining stocks appear ready to reverse course and return handsome dividends to their long-suffering shareholders.
The gold market is showing unmistakable signs of a turnaround that could witness in the coming weeks a bullish move to levels unseen since 1997.
Long-time readers of this commentary will have noticed the large emphasis we place on geometric patterns formed in the stock charts. Unlike most stock commentators, our emphasis on salient technical features of stock charts far eclipses...