GLD - on sell signal.
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GLD - on sell signal.
There are some bizarre things going on in the silver market at the moment, reminiscent of the supply shortages and high premiums witnessed in 2008.
After rocketing 76% higher in just 5 months, silver continues to enthrall investors and speculators. In the decade I've been gaming its bull through actively trading silver stocks, I've never seen this metal so popular.
Below are two charts showing the cyclical behaviour of the S&P500 - over a +-9 month cycle and a +-4 year cycle. (source: DecisionPoint.com)
There is only one difference between a bad economist and a good one: The bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and more importantly, those effects that must be fo
Whether Americans and Westerners in general like it or not, the Chinese have become and will remain the key drivers to many economic and financial market developments, progress, and averted wreckage.
Depending what type of trader you are and what you focus on the most for trading you could be either bullish or bearish on the stock market right now.
We are now seeing a convergence of indications that a reversal in the Precious Metals sector is at hand that will lead to a major uptrend soon.
It was an interesting week to say the least. One I can say I don't ever recall seeing the likes of, and one which is quite likely a warning shot across the bow.
GLD - on sell signal.
The US stock markets have enjoyed an awesome run since late August, with the flagship S&P 500 stock index (SPX) up 23.7%. Traders have earned huge profits in sectors that leverage general-stock-market gains, including commodities stocks.
Today the stock market bled out with a river of red candles. All of the recent gains vanished in one session. Strong selling volume sessions like this are typically a warning sign that distribution selling is starting to enter the market.
Does anyone know what China really wants and in which direction China is going?
I've been talking to subscribers this past week about the powerful move we've seen in US indices as of late and the recent pattern formed in the S&P500, which is a rarity. It's the Swiss steps pattern as shown below.
Silver's massive autumn rally has utterly captivated speculators and investors, their appetite for all things silver is insatiable. Interestingly a major driver of this metal's recent surge was stock-market buying of the flagship silver ETF, SLV.
BLOWING BUBBLES
Plenty of indicators try to bring the world of gold to an investor's doorstep, and in a bullish environment they all seem to make headlines. The Dow/Gold ratio is one of those headline-making numbers that warrants a closer look.
Numerous are the threats to the USEconomy and US financial structures. Many are hidden threats, subtle challenges to undermine increasingly fragile support systems, planks, and cables that hold the system together.
It was a great first week in the market for 2011. Volume picked up as traders slowly return from holidays focusing on the markets again.
It's great to be back after the holiday season. Things are as exciting as ever in the markets and around the world politically.
GLD - on sell signal.
Thanks to its awesome autumn rally, silver has become something of a rock star in the commodities world. Investors and speculators alike are enthralled with this white metal.
The news that Paul Volcker plans to step down from a "panel of experts" advising Barack Obama today will likely whip market participants into a bit of a frenzy analyzing what this could possibly mean.
Since the early 1990 decade, the nation's maestros have promulgated the notion that cheap money is a beneficial factor for the sustenance of wealth, for economic development, for the standard of living, for the robust industries, in general for the American soc
The great astronomer, Carl Sagan, who like me was a strong believer in skeptical inquiry, used to say, one of the saddest lessons of history is this: "If we've been bamboozled long enough, we tend to reject any evidence of the Bamboozle.
GLD - on sell signal.
The Ring was made of gold and gold continues on its journey thru lands of evil fiat empires, guarded by Ringwraiths hell bent on gold's destruction.
Trading is awesome! Everyone should trade stocks. The benefits that trading brings to anyone who sticks with it are vast. They spill over into and enrich all aspects of our lives, in a myriad of ways extending far beyond the obvious financial rewards.
It's that time again when volume dries up and prices rise into the new year. A lot of individuals are scrambling to prepare for the holidays, even though we had a year to prepare.