The market appears to be resting today. Who can blame it for taking a breather. After all, the last seven months have been a grueling uphill climb and it has taken a drubbing from the breathless media for making the climb. And now that the market is at...
For some reason lately I have had a number of discussions with people who a trying to decide if they should quit their jobs and trade for a living. One gentleman I spoke to last week had been trading part-time for a number of years and was dying to leave...
There is quite the buzz, a true "hullabaloo" if you will over 3D Systems Corp. (DDD). News, investors, speculators are really creating a frenzy over 3D printing. It's even on talk radio that I listen to from time to time in the mornings. Truthfully, I...
September Australian dollar futures a selling opportunity on more price weakness. See on the daily bar chart for the September Aussie dollar futures that prices are in a steep downtrend and have this week hit a two-month low. The bears have downside...
Chinese imports of gold through Hong Kong surged to a record 223.52 tonnes in March. That's a 130% increase over the 97.1 tonnes imported in February. April demand is widely anticipated to exceed March's record total. Year to date through March, Chinese...
When price is very near a moving average, a crossover is more likely with only a small price movement. Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price turned systematically bearish (from neutral) again on 5/8/13 when price whipsawed back...
Thursday, May 9--Jim Wyckoff's Morning Web Log * LATEST MARKET DEVELOPMENTS * In overnight news, China reported its producer price index dropped more than expected in April, which suggests slowing production in China. Meantime, China also reported its...
GRAINS: July corn futures closed down 7 cents at $6.33 Wednesday. Prices closed near mid-range. The key "outside markets" were bullish for the corn market today, as the U.S. dollar index was lower and crude oil prices were firmer. Yet, corn bulls could...
Way back in the last decade, the world fell apart, financially and economically. The unraveling brought many countries to the brink of financial ruin and, for many folks, that was exactly the case. The reasons for the "Great Collapse" are many, some...
Technical and fundamental indicators both show a bullish environment for Travelers Companies (TRV), which has been trading in the range of $81.86 - $89.00 in the past 30 days. The stock is seeing very strong technical and fundamental characteristics that...