Stock markets showed some weakness on Wednesday…and then Thursday saw that weakness confirmed. Consequently, I locked in all my swing trading profits from the last couple of weeks, expecting further downside and about a week for a low to...
A great week for markets and leading stocks, which are set to breakout higher and finish off 2015 strongly. There is easy money out there, just not in the metals which continue to be battered as we near the major support areas I’ve taken...
Stocks continue to look and act great with leading stocks leading, as they do. Consequently, they are mostly the ones I’m focused on. Markets have a few hurdles overhead so we are not into clear breakout territory yet but we are getting...
Stocks looked good going into the week, but then began to crumble and later on in the week, tumble. Consequently, I did a lot of selling. You can always buy a stock back. So when I see the warning signs I don’t hesitate for long to do...
Markets and leading stocks had a great week, not necessarily moving higher, but setting up to do so very soon. We can’t move up in a straight line. Consequently, backing and filling, or resting action is what we need for this bull market...
A solid week for stocks as markets resting near high level resistance before a likely breakout higher. Metals were acting good and strong until the Fed released no news on their announcement. Subsequently, the gold price swiftly fell and...
Markets were tricky this week until we saw strength emerge Thursday on the back of a few large leading companies reporting good numbers and soaring to new heights. We were seeing weaker numbers from many companies and poor action after...
Markets rested and worked off the extreme overbought conditions they were experiencing last weekend. However, on Thursday they began to breakout…and then rested a bit on Friday. Obviously, seasonality is working well so far and markets and...
The metals are shaping up better and moving pretty well…but I am still not so sure the major low is yet in place…contrary to what many people are saying right now. I’ve been wrong before and will be again though --- And if I am proven...
Markets broke last week as the chart suggested -- and they remain looking for lower prices in the very near future. While the direction is down, we are back in the rhythm of much of the action taking place overnight leaving us with gaps....