We track the Biotech iShares each week, and here is the up to the minute view of a constructive situation breaking to a bullish one.
With all due caveats about chart patterns, especially when they are presented in a day trader’s view (i.e. 60 min. or less time frame) here
The ‘Gold as Inflation Hedge’ Canard On the one hand you have the sons of Harvey & Erb, who called gold to $800/oz. and caused
Well, Andrew Left (@CitronResearch) has taken his cool 70% profit from shorting CVSI and moved on to CRON. As noted previously, I like Lefty but
Welcome to another edition of Sometimes Charts Work Out. Today on Sometime Charts Work Out we view the case of one Ciena (CIEN), which has
I keep a link to the president’s tweets here along with a ton of other useful links. The link is named ‘The Tweeter-in-Chief’ but might
In yesterday’s update we noted some bullish ‘quant’ data from Sentimentrader related to the current sentiment conditions for gold. To me, it’s a moderate positive.
Whether it’s the interplay between 10yr and 2yr (i.e. the Yield Curve) or the state of nominal bonds/yields, they are central to everything, along with
Yesterday we concluded… Bottom Line Market Internals are holding up and with the summer volumes caveat, the US stock market is breaking out (barring a
A couple times before it was due to Yellow Jacket stings, including once when I was actually checking out (in shock, unable to see but
Time again for our Spies on US sector relatedness to… SPY. Financials make a move to look a little less impaired, Energy still appears to
Many internals indicators bounced with the markets yesterday. Among them were SPX & NDX new highs/lows, Junk bond to Investment Grade & Treasury ratios, TIP/IEF