Author: Steven Karp

 SHORT TERM PORTFOLIO UPDATE – As of October 16, 2009 Most upward trends are looking a bit tired. Would not be surprised to see a week of consolidation coming up. We’ll see if it’s more than a bit of...

 Major inflationary expectations seemed to take over last week in commodities. This may result in final upward bubbles in Gold and some others. Silver may continue to move higher but will not be making a new true high...

Will It End Soon?  – October 8, 2009 As commodities continue to move upward, the break down of the dollar continues and seems to be the main “culprit” in the rise of the most commodities (including gold)....

Many commodities surged higher today including the metals, soybeans, corn, oil, etc. Sugar was a rare exception and I am watching this to see if it continues to break down. I have been stopped out on my bearish trades on Gold,...

I have attached a chart of the monthly continuation contract for the 10 Year note with my E-wave labelling. If I am correct, the 10 Year could be about to make its high, wave 5 of V of a 20 year bull run that began back in...

SHORT TERM PORTFOLIO UPDATE – As of October 2, 2009 The S & P does appear to be correcting. Went short when it hit 1034. This level meant that correction could not be a 4-wave of a 5-wave advance. Gold’s action...

 There hasn’t been a lot of action in the 10 Yr treasury bond lately but today that changed. Prior to today, it’s movement has been mostly sideways. But slowly, move by move, a clearer picture had been...