The Fed rolled over again, which was not surprising given global economic slowing, global monetary easing and a would-be firm US dollar's continued negative impact on US exporters and manufacturing. …
Stock Market Here is the current SPY chart from this morning's pre-market update, on which I had drawn a candle based on the pre-market's projection. SPY opened around that level…
What a week; and I am not talking just about the markets! I spent all day on jury duty yesterday and by the time they finally unshackled me I saw just how volatile things had been. I also saw that my ‘bounce’ gains had evaporated into the close.
Friday we did them over at Biiwii and today we'll catch up with gold's ratios to other items here (where charty type posts are the norm) on day 2 of…
The plan as best my logical mind could foresee it was for a potential Monday (Margin Monday?) swoosh down with a bounce toward broken support soon to follow. But this swoosh down would not have brought indexes so close to the October lows just yet.
[edit] I neglected to include the link and this quote... "Year-to-date, the bookings and billings reported in the SEMI North American equipment book-to-bill report indicate a solid year for the industry,"…
This post is not a call to action because all of our orientations are different. For example, a trader would have played the bounce. An investor - especially in light…
NFTRH 353 introduced the idea of a Macrocosm, a planetary representation of elements that need to come into place for a real investment stance on the gold stock sector (as…
Add the US dollar to the list of items that are in question and on the move. The green circles show the higher highs and higher lows made by USD since the May low. In June it spiked down, tested that low and then shot higher.
For several weeks now, we (NFTRH) have been managing the potential for a bounce in the precious metals. This was primarily based on over sold readings, a gold bug 'puke'…
Gold (GLD) vs. a grab bag of commodity funds...
I find it interesting that July Payrolls was pretty decent, the US dollar firmed (apparently with firming expectations of a Sept. rate hike), some stock markets and commodities are weak…
Ha ha ha... well, with the way he commands the respect of reformed gold bugs it almost seems as if gold will not rally until Marty says gold will rally.…