Author: Richard Hefter

Although the big picture view of the last four years of action in Kinross Gold Corporation (KGC) might not look like a classic bullish technical set-up, my intermediate-term work argues that the giant coil pattern has occurred...

Let’s notice that Cisco (CSCO) spiked up this morning from 15.60 to 16.00, which confronted its July-August resistance line. So far, the resistance line has contained the strength, but CSCO continues to trade in the upper...

The market has been on quite the bullish run of late. Many factors acting in its favor from too many bears to oversold daily charts. Some very deeply depressed oscillators to say the least. This combination has seen the market...

If there is a specific reason why spot gold is up $38 since about 7:40 am ET, it has to be Chicago Fed Gov. Evans spewing forth comments that the economy remains weak (duh), and that more monetary stimulus is needed. That is all...

There are times when events take place that are predictable to some, but not at all to others. Take the stock market today, for instance. Not many understand the rally today, nor what will happen in the days to come. It’s...

Try to understand why this may be taking place folks. The market had a tremendous move lower over only a two-week time period. Nearly 250 S&P 500 points in such a small amount of time. Markets only have so much energy from...

Increasingly, my composite technical work in silver and the iShares Silver Trust ETF (NYSE: SLV) is telling me that the decline from 43.08 to 37.92 since Monday is a completed down-leg within a larger, complex corrective period...