I noticed this last night and should have exited my longs and got caught today in the downdraft. These divergences in the $NYMO and the TRIX could be signaling lower prices for the averages in the coming days/weeks. It would...
Read MoreI noticed that defensive type stocks moved considerably higher today after the WSJ printed this story about changes within the military budgets. Other stocks in this sector include GD, LLL, RTN, and NOC. While their longer...
Read MoreThe strength that I was noticing last week in individual gold mining stocks has given way to overall weakness in the gold commodity itself. As long as this remains the case all things gold should be under pressure and gold will...
Read MoreSir Ken Robinson should have been a stand up comedian because he certainly has the tools to keep his audience engaged, while giving them something to think about. Brilliant clip so I’m not going to spoil it for you. Watch,...
Read MoreI own some TLT, and it may be setting up for a move to the upside. Often times when the ADX comes down below the +DI & -D1 lines, it’s consolidating the previous big move and could likely move in the overall trend...
Read MoreI’ll admit, I’m addicted to information. All kinds, completely random, but I normally find some way to apply it to trading. Put me in a bookstore and I wander from section to section, never knowing where my...
Read Moreclipped from www.financialsense.com Explanation: ?Fiat currencies are all lent into existence – but only in a manner that provides for re-payment of principal, not interest.? Thus fiat systems require that the money supply...
Read Moreclipped from www.financialsense.com Here are the economic problems causing havoc today in the USA: – The banking system is collapsing – Tidal waves of foreclosures sweep the country – Tumbling housing prices...
Read MoreTo judge the health of the recent rally, keep your eye on CYOU, which is a Chinese online game developer and operator that debuted this week on the Nasdaq. It has all the ingredients to succeed, but whether it does is another...
Read MoreI wanted to take a look at ERX (3x energy bull) and speculate the direction of this chart and the implications for the overall market. One could say lower energy prices would be bullish for the overall consumer as energy acts...
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