The stock market indices ended mixed today. After a very strong start they gave back all of it and then some on Nasdaq, but managed to hold onto the gains on the Dow and S&P 500. Still, it was a sloppy close, and pretty much...
Read MoreThe market had lost its 50-day exponential moving averages across the board earlier this week. A deep move below on the Nasdaq. Far less so on the S&P 500 and Dow. Wednesday saw a near-term bottom being made when things got...
Read MoreIndeed, as we told subscribers to expect, the G-7 (US, Japan, Germany, France, the UK, Italy and Canada) decided to intervene with the Bank of Japan on Thursday to “stabilize” the Yen. Now the real battle begins, but...
Read MoreThe stock market indices had a sharply higher day, but the majority of that was gained in the first hour. The day started out with a big gap up in the morning, a brief pullback, and then a surge to the session highs by 11:00. At...
Read MoreAlthough gold and silver have yet to show much, if any, upside volatility amidst the Japan crisis, the patterns carved out during the past several sessions strongly suggest corrections are ending and new uplegs about to emerge....
Read MoreThe stock market indices suffered big losses today, and although a late rally did bring them back, they fell back again in the last 15-20 minutes to close not far off the session lows. Net on the day, the Dow was down 242.12 at...
Read MoreWhat a day we had today. Down in the morning before rallying back with the Nasdaq, actually going green for a brief moment before the European Union’s energy chief made a comment about the Japan nuclear situation, which...
Read MoreThe stock market indices began the day today with a really big gap down. The foreign markets fell as a result of the Japan disaster, and the Japanese Nikkei dropped 10.6 percent, or more than 1,000 points as well. The rest of...
Read MoreThe stock market indices started off the week in a down note, but a decent afternoon rally snapback took back a big chunk of the losses and saved the indices from a deeper loss. They started out the day with a move down. They...
Read MoreMarkets have a way of doing what they need to do regardless of whatever news is out there. The situation in Japan is incredibly sad. Breaks my heart, and I’m sure it breaks the heart of each and every one of you out there....
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