Cliff Droke
Clif Droke is the editor of the three times weekly Momentum Strategies Report newsletter, published since 1997, which covers U.S. equity markets and various stock sectors, natural resources, money supply and bank credit trends, the dollar and the U.S. economy. The forecasts are made using a unique proprietary blend of analytical methods involving cycles, internal momentum and moving average systems, as well as investor sentiment. He is also the author of numerous books, including “2014: America’s Date With Destiny.” You can view all of Clif's books here. For more information visit www.clifdroke.com.
Cliff Droke Articles
Global markets, buoyed by short-term strength from buyers, evinced partial retracements of the declines that have plagued most major stock, bond and currency indices of late. While this latest shot of strength from buyers has provided...
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...
We wrote last week of the high potential for a crash on Wall Street, basing our argument on the confluence of cyclical and geo-harmonic patterns that were to have occurred during the week. While last week we did see some significant price...
The bear market has unfolded almost exactly to our parameters over the past couple of weeks. We are now fully convinced—from a technical perspective—that the trend is indeed bearish with the bull all but dead. Any upward momentum from this...
For short-term gold investors, last week was not an enjoyable one. For it was during that time that gold's long-term technical support at $285/oz. gave way in a deflationary shock wave that saw the CRB commodity index break below its...
The long-awaited bear market has finally arrived. While not making its presence known in singular fashion as we might have expected, it nonetheless has given us every indication that it has wandered into the U.S. equities market and has no...
The tug-of-war continues, and the bulls are beginning to lose their grip in their battle with the now-dominant bears, a group of investors who are slowly emerging in their newfound role as vanguards of the U.S. stock market.
We believe gold has reached a critical major support level and its action over the next one-to-two weeks will determine whether it will break firmly beneath this level or rise to short-term highs.
The Dow Jones Industrials finished the session for Thursday, Aug. 13 at 8459, down almost 94 points from the previous day's session. This pushes the Dow below its 200-period moving average--a very bearish indicator. While the overall near-...
The gold market continued bearish last week as the yellow metal resumed its downward trend after a one-day price spike on Aug. 4.
