Gold continues to consolidate after one of its best runs in years. This is precisely what long-term bulls want to happen: a period of consolidation before the next major leg…
Gold is currently taking a breather after one of its largest rallies in decades. As I write this, the precious metal is consolidating around support in the $1,500-$1,520 range per…
Gold is currently taking a breather after one of its largest rallies in decades. As I write this, the precious metal is consolidating around support in the $1,500-$1,520 range per…
Gold is currently taking a breather after one of its largest rallies in decades. As I write this, the precious metal is consolidating around support in the $1,500-$1,520 range per…
Gold has been on a tear lately. This has lead to many of you asking me why the precious metal is breaking out and if this is the start of…
Gold has been on a tear lately. This has lead to many of you asking me why the precious metal is breaking out and if this is the start of…
Stocks remain range bound (blue lines0 but they are struggling to break above resistance (red line). This doesn’t bode well for the bulls. If stocks can’t even break above resistance,…
President Trump is worsening the trade war between China and the US in order to force the Federal Reserve to ease monetary policy. Before proceeding, I want to stress that…
Things are worsening quickly now. The S&P 500 has failed to recover its 50-day moving average (red line). Even worse, the 13-day moving average (blue line) has staged a bearish…
Stocks closed the gap I mentioned on Thursday (the red rectangle), they are now consolidating before their next move. Breadth which leads stocks, suggests it will be a move higher,…
As I keep stating, a top is forming. Stocks are tired after weeks of promises and promotions by Fed officials and the Trump administration that something BIG is coming. At…
As I keep stating, a top is forming. Stocks are tired after weeks of promises and promotions by Fed officials and the Trump administration that something BIG is coming. At…
A top is forming. Whether it’s THE top of just A top such as the one from May remains to be seen. The big warning comes from junk bonds, which…
And when it does, smart investors will lock in TRIPLE DIGIT… and possibly even QUADRUPLE DIGIT RETURNS. Stocks performed a backtest of the broken rising wedge formation (red lines in…
Stocks broke the lower trendline of their bearish rising wedge yesterday. The drop would have been greater, but the investment world is waiting to see what Fed Chair Jerome Powell…
Stocks broke the lower trendline of their bearish rising wedge yesterday. The drop would have been greater, but the investment world is waiting to see what Fed Chair Jerome Powell…
Stocks broke the lower trendline of their bearish rising wedge yesterday. The drop would have been greater, but the investment world is waiting to see what Fed Chair Jerome Powell…
The two biggest catalysts for the stock market rally are over. Those catalysts were: 1) The hope of a Fed rate cut. 2) The hope of a Trade Deal between…
You would do well to ignore the rally from yesterday. This is a holiday week. Trading volume is EXTREMELY light with most of Wall Street already on vacation. Those traders…
Yesterday’s market action was a MAJOR wake up call. Stocks erupted 1.5% higher on announcements that the US/ China reached some form of a trade deal… However, the rally barely…
