It was a non stop sell off last week in equities as the SP500 sold down 4 days straight with a small move up on Friday. While investors were cashing out of stocks, we saw that money move into the big shiny yellow safe haven – Gold. I have put together a short video showing...
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It’s been a crazy week for gold, oil and the SP500 again…. Since the market top in April we have seen large moves almost EVERY day in the market. I would say this is one of the toughest times for traders as you must be very quick to enter and exit...
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US Dollar is still king and gold/silver equities are the only stocks in an uptrend....
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It’s been an interesting week with Spain being downgraded as Europe debt crisis widens. This has investors looking at the US dollar in a new light thinking that maybe it’s not that bad of an investment after all. This sent the US Dollar higher along with the price...
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Gold and the stock market continue to trade within a tight range this week. While the long term trend for both stocks and metals are up, and the charts look bullish I am not buying at this level because the market is over bought. Chasing prices higher especially after a run this...
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I think many of you will find this article interesting as I show several different indicators which point to an imminent correction for stocks and precious metals. Last Wednesday’s report I showed how the current price of the index was almost identical to the January peak from where prices dropped nearly...
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Gold investors have long-believed the mainstream is close at hand. One of the major arguments from gold bulls over the last ten years has been that bullion prices will rise as gold becomes recognized amongst a wider range of investors as a legitimate option for protecting wealth. This “mainstreaming” has been sped lately by a number...
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Day Trading Spot Gold Futures is a touchy subject among traders. You either hate it and think it cannot be day traded for consistent gains or your love it finding its movements very accurate. As most of you know I love trading gold I get my fair share of emails from...
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Last week was nothing special as stock market continued to drift higher on light volume and the Volatility Index (VIX) reaching a new multi year low. This mix of higher prices on light volume, multi year lows in the VIX and an overbought market paints a clear picture to a market technician – Be...
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Last week was nothing special as stock market continued to drift higher on light volume and the Volatility Index (VIX) reaching a new multi year low. This mix of higher prices on light volume, multi year lows in the VIX and an overbought market paints a clear picture to a market technician – Be...
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