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                        Stock Exchange: Spotting A Great Chart

EC Stock Exchange: Spotting A Great Chart

Technical analysts dominates the daily discussion of stocks. Fundamental concepts change slowly. Chart patterns change constantly. Usually the calls are dramatic, because no one cares about advice that says, “all is well, keep holding.” Traders live on stock charts, but investors also pay close attention. Everyone wants to know whether a stock is breaking down, […]
EUR/USD: Weekly Support Reached

EUR/USD: Weekly Support Reached

Previous: On Thursday the euro/dollar fell from a session minimum of 1.0746 to 1.0620. The fall was 126 points and stopped near the 112th degree. The dollar rose after the release of strong data from the US and Yellen speaking before congress. The Fed chief said that the US economy is now showing persistent success and […]
WTI Crude Oil And Natural Gas Forecast – Friday, Nov. 18

WTI Crude Oil And Natural Gas Forecast – Friday, Nov. 18

WTI Crude Oil The WTI Crude Oil market try to rally initially during the day on Thursday but found enough selling pressure above to turn the market back around and form a shooting star. The shooting star of course is a negative sign, and the fact that we formed one on Wednesday also tells me […]
Trump Will Grow US Debt Exponentially?

Trump Will Grow US Debt Exponentially?

There is a total misunderstanding of the role of gold and why it is so critical to own physical gold. Gold should not be bought or sold based on rumours or events. In connection with the US election, gold moved for totally the wrong reasons. The whole Western world had forecast a Clinton victory. The […]
Weekly Commodities Wrap: Metals Fall Back On Stronger Dollar

Weekly Commodities Wrap: Metals Fall Back On Stronger Dollar

Copper:Initial Surge On Trump Election Suffers Correction Following an impressive rally over the last couple of weeks, Copper prices sustained a correction lower this week as a rampant US Dollar weighed on the commodity complex. Prices initially responded positively to news of Trump’s election as markets speculated on an increase in commodity demand aligned to […]
What Exactly Is A “Bull Market”?

What Exactly Is A “Bull Market”?

Animals seem to make even the most mundane topics far more interesting, and I certainly feel like that’s the case with the stock market. You often hear the terms bull and bear thrown around on TV all the time, but do you really know what each means? A while back I discussed what constitutes a bear market, so […]
Cash Crisis In India Hitting Gold Sales Hard

Cash Crisis In India Hitting Gold Sales Hard

The domestic gold market in India is facing an upheaval as traders place an increasing number of bulk, short-term orders on fears Prime Minister Narendra Modi could seriously throttle overseas imports of gold. The traders’ fears stem from Modi’s plan to eliminate so-called black money from India’s monetary system by demonetizing the 500 and 1,000 […]
Gains Continue As Yellen Hints At Rate Hike

Gains Continue As Yellen Hints At Rate Hike

It is no big secret the Federal Reserve is about to raise rates in December. Odds stand at 96% and the move in yields since Trump’s victory certainly signal the market is anticipating a rate hike. All the while the stock market has pushed higher. Russell 2000 has been up 9 out of the last […]
Chart Of The Day – Semi’s

Chart Of The Day – Semi’s

Warning bells are going off on the semi conductor chart. Price is streched way too far above the 200 day moving average. This is when retail traders became the most complacent and when professional traders became the most nervous. 
Crude Oil Prices Drop As Yellen Comments Outweigh OPEC Optimism

Crude Oil Prices Drop As Yellen Comments Outweigh OPEC Optimism

Gold prices accelerated downward once again after hawkish comments from Fed Chair Janet Yellen inspired another hawkish shift in the priced-in monetary policy outlook (as expected). The priced-in probability of a rate hike in December now stands at a potent 96 percent and the projected 2017 tightening path is at its steepest in eight months. Not surprisingly, this has […]