My last support just was eviscerated like a knife through warm butter. 12,142. If 12,000 doesn’t hold then we run the risk of trading down to 11,770 and then 11,500 and finally our March low at 11,450.I still think we...
Read MoreBuy Dow Futures here at 12,258.Below buy as 12,143.Use your sell...
Read MoreGold looks bound and determined to run up to 1650 or 1700. At this point, we should start moving 50 bucks a chunk. A ten percent move now gets us to 1760 to the upside. Ten percent to the down side gets us to 1440. 1600 saw us...
Read MoreRoll your sell stops up for Dow futures longs. Take some profits at 12,700 on that rally. Dow cash could rally up to our 3 year high which we posted just back on May 2 of this year. 2-1/2 months ago… 12,873 Dow Cash...
Read MoreJust an update here Wednesday morning. Gold is currently trading at 1583. First downside target: 1560. Second downside target, 1544. Third downside target: 1529.Be a strong buyer between 1530 and 1500. Perhaps wait til 1513 and...
Read MoreInteresting. Today the stock market soars and Gold, true to form, sucked in johnny come lately’s who bought the top. I knew this morning when I saw the headlines in the business section crowing that the $1600 level had...
Read MoreThe 12,300 level holds. Dow futures now trading at 12,450. That’s a 150 point profit. Lock it in and let it ride.Corn 20 higher overnight on crop condition drop. We dropped 3% in crop condition from 69% to 66% good to...
Read MoreToday Christmas Cotton spiked down to fresh 7-month lows. December Cotton has lost 1/3 of its value from it Jun 3rd high at 140.90 down to today’s 7-month low at 94.46. In my opinion, its time to buy some cheap calls. Look...
Read MoreHeadline today “Gold Soars Above 1600″.. Really, a rally up to 1608 is considered soaring? I didn’t realize that. I am more convinced than ever that this is a price level worth fading. To quote a friend of mine...
Read MoreToday the talking heads are falling all over themselves talking about Gold. Apparently, Goldman Sachs some time ago put 1600 on the map as a bull target. Today we posted a high close to 1575. In May, we posted a high at 1577.5....
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