Pre-Market: US & Global Stocks, USD, Yields & Gold (Priority: High)
US Stocks Pre-market indicates that stocks are poised to take back yesterday's losses and this is in keeping with our short-term theme that the market is not just going to…
US Stocks Pre-market indicates that stocks are poised to take back yesterday's losses and this is in keeping with our short-term theme that the market is not just going to…
Notice I wrote "begins" in the title. Today was the first real day of regurgitation with conviction. Long-term support levels are going out the window and that is great, if…
Yen is sneaking above the SMA 50 to a new short-term high above the July high. Yen and gold had spent much of the last few years as bedfellows, but…
Ref. Steve Saville's post at Biiwii this morning... Gold: Bearish Fundamentals, Bullish Sentiment The fundamental stew for gold, like lots of other market indicators, has a lot cross-talk, noise and…
Of course I will say it is a good and helpful report because I worked all weekend on it, I feel this service is the best of its kind, hands…
What a voice Steve Marriott had. So soulful. Steve and Ronnie Lane died way before their time in the 90s. I think the Black Crows and Paul Weller among many…
It's a bullish looking bounce pattern for 7-10 year bonds, even as Anthony noted that the Treasury was selling $28B in 10yr Notes on Wednesday. A bounce in bonds, as…
Unfortunately I don't have an answer to the title question. But I do have parameters. After the February mini crash had done its damage to the collective investor psyche we…
I initially bought with the feeling that I was momo'ing it (i.e. chasing). And sure enough it became violent and printed some paper losses. I added for an average of…
A chart by Callum Thomas showing projected credit growth based on easing credit standards is in line with a boom, and an inflationary one at that. See Credit Growth About…
There is nothing bullish happening on the gold and silver charts. Nothing bullish on the miner Index/ETF charts. Nothing bullish on the HUI/Gold ratio. In other words, when it comes…
Just so we understand that there are not only no geniuses here, but there is a guy who decided to go against the chart and go with fundamentals, like extreme…
Backing out the fact that the interest rate backdrop will always be in play with the Financials, taking the chart of XLF at face value we have a breakout in…
This week's snapshot of various sectors' trends vs. SPY... Daily Financials relative to SPY have reclaimed the SMA 50 with the trend down biased. Energy is consolidating, H/C is still…