Dave A. Banister
Dave A. Banister Articles
Back on January 15th we wrote an article and also a Elliott wave forecast for both the public and our subscribers showing a likely top at a maximum of 1868 on the SP 500. We said that Elliott Wave Major 3 of Primary Wave 3 would top no...
We have been writing about the bottoming process of the Gold Bear Cycle since December 4th 2013, and our most recent article on December 26th reiterated that the best time to accumulate the Gold/Silver stocks was in the December and...
The S&P500 has been in Major wave Elliott Wave 3 up of Primary wave 3 from 1267 by our best projected counts. Our technical analysis of stock trends predicted back in early September a large rally up in the S&P500 to 1822-1829,...
The best time to buy cheap is when you are afraid to bring up your ideas around the water cooler at work for fear of the peer laughter. Our work centers on looking for oversold conditions and crowd behavioral anomalies that can give us...
Today we take a look at the Bullish Percent Index chart relative to Gold’s cycle and Gold Stocks. Essentially it tells you what percentage of Gold sector stocks are at or above a moving average, which normally would be 50 days. When 70%...
Our Last major Elliott-Wave Analysis of Gold came in early September when Gold had touched the $1434 area, and in that analysis we called for a re-test of $1271-1285 levels. This was based on our Elliott Wave Analysis of the patterns...
As they say on Wall Street, “They don’t ring bells at the top” and for sure they usually don’t give you a phone call at the bottom either. Many heads have rolled trying to call this recent near 2 year downdraft in Gold in terms of bottom...
I used to half joke with some of my investing friends that the best time to buy stocks is during or right after a crash. Think 1987, 2000-2002, 2008-09, and now perhaps Gold Miners?? Well, before we get too far ahead of ourselves, let’s...
Back in Mid-May of this year we had a big rally in the Dollar and Gold was correcting hard. There was a bit of Dollar Bull hysteria at the time which I felt was quite unfounded.