Posted on May 19, 2013
Some of the things I look at when thinking about a counter trend trade like picking a top within a bull market.
Posted on May 9, 2013
Some of the top performing strategies are simple because they can be easily and consistently followed.
Posted on January 28, 2013
The precious metals sector has been dormant since both gold and silver topped in 2011. But the long term bull market remains intact. As long as we do not have the price of gold close below the lower yellow box …
Posted on September 6, 2012
For the first time in over 30 years, talk of a return to the gold standard has become part of mainstream politics in the United States.
Posted on June 6, 2012
On Friday, the price action in gold caught the attention of most market participants as gold put in a monster move to the upside in light of risk assets such as the S&P 500 selling off sharply.
Posted on June 4, 2012
This week should be just exciting with the markets reaching extreme levels for bonds, gold, SP500, and oil.
Posted on May 23, 2012
Long time readers know that I have been and remain bullish on gold and gold stocks in the longer-term.
Posted on March 19, 2012
This week may provide some trading opportunities for us if all goes well now that most traders and investors are all giddy about stocks again.
Posted on September 6, 2011
The good news was that our short trade on the equities market was up 10% from our entry point last week. The bad news was that the stock market overseas was selling off big and so were US stocks. It was a black Monday in both the sky and on the screen…
Posted on July 18, 2011
The dollar is and has been in a strong down trend for many years and I feel as though it’s getting close to another major land slide. It could take place any time in the next month or so according to my weekly chart analysis.
Posted on May 12, 2011
This week we are seeing fear across the board from traders and investors as they dump their long positions is stocks and commodities. Just in the past two trading sessions alone we have seen extreme overbought conditions and extreme oversold conditions which generally mean another big move is brewing.
Posted on May 5, 2011
The past few weeks we have been seeing the US Dollar slide to new lows at an increasing rate. The strong devaluation of the dollar has sent precious metals like silver and gold rocketing higher out of control sending them parabolic!
Posted on April 21, 2011
It has been a very interesting week thus far. Monday kick started traders with a heart pounding equities sell off which sent money into the US Dollar, precious metals and bonds as the safe havens of choice.
Posted on April 19, 2011
So far in 2011 the equities market has made some sizable whip saw type moves that even veteran traders have had difficulty being on the right side of the price action.
Posted on April 4, 2011
After viewing a few hundred charts, I have determined that while I am still leaning into higher prices at this point in time, I will not totally rule out a rollover on the S&P 500. In coming days the news flow will be extreme and headline risk will be everywhere we look. The S&P 500 has been able to deflect worry for quite some time now and in every case the resiliency is unquestionable.
Posted on March 31, 2011
Over the past couple months everyone seems to have been preparing for a sharp market correction. Crazy part is that the SP500 dropped about 10% from the high and that is a typical bull market correction. The thing is… the stock market has a way of slowly unfolding making it look and feel minor, then before you know it, the correction is over and it’s back to an uptrend. That is kind of how this one unfolded.
Posted on March 24, 2011
Equities and Precious Metals are on the edge of another rally and it could start as early as tomorrow.
Posted on March 17, 2011
Over the years I have found an indicator/trading tool which I find help spot intermediate trend reversals.
Posted on March 14, 2011
The past couple weeks have been choppy in the equities market
Posted on March 10, 2011
The past couple weeks we have seen strong distribution selling in the equities market followed by equally large days of buying. These buying and selling frenzies have formed a sideways consolidation.
Posted on March 3, 2011
Trading with multiple time frames – Every now and then it’s always a good idea to look at some different time frames to be sure you have a solid understanding for the longer term trends in play.
Posted on February 10, 2011
The past couple weeks I have been keeping a close eye the price of gold and the gold miners index.
Posted on February 7, 2011
While Ben Bernanke says we are not seeing any inflation, I think most of us know that is a load of BS as other countries like Egypt see food prices surging.
Posted on February 3, 2011
As most sophisticated investors and traders are aware, the U.S. Federal government has run up significant deficits and the long term debt burden is becoming a drain on Gross Domestic Product.
Posted on January 30, 2011
We have seen some exciting moves in the market and with the market sentiment so bullish it should make for a sharp sell-off in the coming weeks.
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