US Stocks Anecdotally and one by one, I see more and more sources out there getting bullish with the market's advance. We are hearing about 'the cloud' and the internet…
Last week we noted the bearish pattern on GDX by a 60 min. chart, got head faked into doubting it on Friday and now, it has grown a second right…
AAPL is down 2.6% today, apparently with some pre-earnings jitters going on. This happened in AMZN last week as well. I know, because I was nonplussed while observing it. Understand…
Now that we are all giddy and bulled up (with SPX nearly touching the 2060 resistance zone), how about we review some more underpinnings that are less than stellar (joining…
These bottom feeder plays can be difficult because they do not have established trends like momentum plays. Unfortunately, a momo is not who I am. A bottom feeder is who…
S&P 500 has dutifully curled down from the red dotted trend line just a hair below the 2040 resistance area. The market is positive pre-US open and may try to…
Very simply taking a look at the 60 min. and daily charts of GDX, we find confluence with the original pullback target. 60 min. GDX is in a topping pattern…
I am seeing more and more constructive charts show up on individual names. That could be another manifestation of what we had noted about the big sentiment clean out this…
The 2020 to 2060 zone has been noted as a logical area for active bears to begin shorting. SPX closed at 2033 yesterday. But people should refuse the bear Kool-Aid…
For all you Uranium enthusiasts out there... Assuming that USD has gone bearish (let's watch for a weekly close below the Sept. low) the commodity complex gets interesting. We have…
The Semiconductor sector was very bullish yesterday and it is a leader. SOX refused to break down and this relative strength now manifests in a partial market recovery pre-US open…
RGLD has under performed its peers and the gold miners since August. Going strictly by the charts and assuming that any fundamental changes within the company's structure have not compromised…
Based on two emails received and on my own long-held (and expressed) view that a real bull market in the gold sector can and probably will be ground out against…
I want to update the charts from the last two updates (GDX, XLE and SPX) and also have some words about the markets overall. GDX hit the first resistance level…