Gold at a Glance
Short term gold appears to be overdone by the bearish wedge pattern. Technically it’s been acting like a dream with the way the RSI continues to set higher highs and lower lows but I just can’t see initiating new...
Read MoreAuthor: Jeff Pierce
British Columbia Valuations
Image via Wikipedia I knew there was something wrong with real estate valuations in BC, but I didn’t expect it to be this bad. I would expect Vancouver to be on this list, but never would I have expected Abbotsford and...
Read MoreIt’s a Nice Start, but…
A friend of mine sent me this video and thought I should share it. After watching it I tend to agree with what she says about companies that are relying on taxpayers bailouts to survive. If they can’t function without...
Read MoreNo Fear in Market
Today’s volume was 80/20% in favor of the downside and yesterday’s ratio was 84/16%, again to the downside. Two days of what I would consider fairly aggressive distribution days and we don’t really see much...
Read MoreDebt Explosion
clipped from www.financialsense.com As badly as it’s behaved at times, the Fed hasn’t done anything remotely like this in all its checkered 95-year history.
Read MoreBanks by Market Cap
3 more banks failed today. One step closer to bank nationalization…. clipped from...
Read MoreLooking for Intraday Clues
Today was a good day. Not because I made money, but because I was in the zone. I was able to ride a trend that I recognized developing for the past few days and the market actually followed through for once. It was a good...
Read MoreFarewell to the Chief
and good riddance. For your viewing pleasure, I bring you the former leader of the free world… (shaking head)
Read MoreCBOE Moving Off Lows
The other day I expressed concern over how many call options were being bought when compared to put options. We were at traditionally bearish levels when you compare this indicator’s past. When the market’srally like...
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