Preparing For The Bottom: Part 4 – Gold Stocks And Bonds

Preparing For The Bottom: Part 4 – Gold Stocks And Bonds

In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting. We argued that preparing for the big moves in gold that are likely to be seen later this year […]
World Stocks Hit Record High For 10th Consecutive Day In “No-Vol Nirvana”

World Stocks Hit Record High For 10th Consecutive Day In “No-Vol Nirvana”

The relentless risk levitation continued overnight, as global shares extended their stretch of consecutive record highs on Thursday for a 10th day after a cautious BOJ lifted Asian stocks to a decade high with a dovish announcement that offered no surprises, while pushing back Kuroda’s 2% inflation target to 2020, the 6th consecutive delay. With […]
Uranium Miners Catch A Bid: Is It Sustainable?

Uranium Miners Catch A Bid: Is It Sustainable?

Some of the uranium miners including the ETF URA have moved back above the 30-week EMA. Is the new rally sustainable or could it be a fake rally which leads to more consolidation? I take at the uranium market from a Stage Analysis perspective in the following video: (Video length 00:09:20)
WTI Crude Oil And Natural Gas Forecast – Thursday, July 20

WTI Crude Oil And Natural Gas Forecast – Thursday, July 20

WTI Crude Oil The WTI Crude Oil market rallied during the session on Wednesday, breaking above the top of the shooting star from Tuesday. This is a technically strong signal, and if we can break above the top of the range for the day on Tuesday and Wednesday, that would be a very strong sign […]
Markets Trades Marginally Lower; Metal & Software Stocks Fall

Markets Trades Marginally Lower; Metal & Software Stocks Fall

Indian share markets gave up its early gains during the afternoon session and were trading below the dotted line. Losses are largely seen in metal stocks, software stocks, and auto stocks. While, capital goods stocks and bank stocks traded in green. The BSE Sensex is trading lower by 45 points and the NSE Nifty is trading lower by 20 points. Meanwhile, the BSE Mid Cap index is down by […]
JPM Elliott Wave Bullish Structure

JPM Elliott Wave Bullish Structure

The Elliott Wave view for JPMorgan Chase (NYSE: JPM) suggests the rally from February 2016 low (52.5) to 03/01/2017 peak (93.98) have ended wave (3). The pullback from there unfolded as zigzag ABC structure which ended wave (4) at 06/01/2017 low (81.79). Up from there, the stock rallied in another zigzag structure before ending that short term cycle after reaching extreme on […]
Jump In Investor Bullish Sentiment But Remains Below Long Run Average

Jump In Investor Bullish Sentiment But Remains Below Long Run Average

Yesterday, the American Association of Individual Investors released their Sentiment Survey results for the week ending 7/19/2017. These results show individual investors’ bullish sentiment increased 7.3 percentage points to 35.5%. This is the highest reading since early May when bullish sentiment was reported at 38.1%. This jump in bullish sentiment still has the level below the long […]
3 Key Predictions For Microsoft’s Q4 Earnings Report

3 Key Predictions For Microsoft’s Q4 Earnings Report

Shares of Microsoft (MSFT – Free Report) climbed nearly 1% higher to touch a new 52-week high on Wednesday, just one trading period before the software behemoth is set to release its pivotal fourth-quarter earnings report. Over the past several years, global demand for personal computers—and related software—has plummeted. This put Microsoft in a tricky situation; the […]
ECB Preview: EUR/USD Rally To Unravel On Wait-And-See Approach

ECB Preview: EUR/USD Rally To Unravel On Wait-And-See Approach

– European Central Bank (ECB) to Preserve Zero-Interest Rate Policy (ZIRP). – Will the Governing Council Start to Taper the Asset-Purchase Program? The European Central Bank (ECB) interest rate decision may initially trigger a bearish reaction in EUR/USD as President Mario Draghi is widely expected to retain the highly accommodative policy stance. Why Is This Event Important: With the ECB in […]
Bank Of Japan Leaves Policy Unchanged As Expected – Admits Defeat On Deflation

Bank Of Japan Leaves Policy Unchanged As Expected – Admits Defeat On Deflation

Japan’s long and sordid dance with unconventional monetary policy continues. With most analysts expecting a ‘nothingburger’ from Kuroda (though some hinting at the potential for shock-and-awe), The BOJ delivered… nothing – no change. However, most critically, the BOJ admitted defeat of deflation and delayed the timing of reaching their 2% inflation goal to around FY2019. No change to […]