I am going to step out on a limb in this report and cover what I think to be an intermediate top in the precious metals sector. Everyone I speak with and from the hundreds of emails I get I would
Lately we’ve been hearing a lot of talk about Kondratieff cycles, Elliot Wave super cycle, end of the world, deflation, deflation, deflation.
There has been a lot of talk about the head and shoulders topping formation in the broad market indices in construction since November of 2009. Head and shoulders patterns are reliable
This post will contemplate the direction of the S&P 500 early on this week using the True Strength Index (TSI) and Money Flow Index (MFI) indicators with analysis of the S&P 500 ETF (NYSE:SPY)
Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader. These funds allow individual investors to buy and sell things like gold
One of the key technical signals we were looking for in anticipation of a new major rally in gold was a close above the 50 day moving average. Well last week gold delivered that signal, twice.
Looks like I have been lucky with my timing lately. I called the most recent bottom in the markets , I called the top most recent top in oil on Tuesday the 3rd of August and I called the
I wanted to show a quick chart of the 60-min intraday structure of the US Dollar ETF (NYSE:UUP) – and highlight the multiple positive momentum divergences and the recent powerful breakout to
In trading Wednesday, the iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX) is outperforming other ETFs, trading up 7.23% on the day. Also up on the day are the
A while back I did a very bearish sounding post on the spot gold price. My main points for making the longer term bearish case were based on a weekly bearish divergence, a break of the long term
I find it amazing how many traders do not use volume as a factor in their trading decisions. I believe it’s always important to track the volume no matter which time frame you are trading
Stocks: I expect, barring some kind a catastrophe, this week should be another good week for the market. The recent minor pullback has worked off the short term overbought conditions
I love ETFs. They let you trade just about everything within the comfort of an equity trading environment. While I prefer to trade currencies and commodities in their “natural habitats”
In today’s S1F ETF Daily disseminated to trading clients, we note a continued fall in the U.S. Dollar (NYSE:UUP) (and strengthening Euro (NYSE:FXE), and we originally highlighted these moves in a
Last week we saw stocks move sharply higher as traders started to cover their short position which added fuel to an already oversold market ready to bounce. Overall volume was not that strong on