Oil has gotten my attention this week as it has broken out to new multi-yr highs and given the tensions that are occuring in the middle east it’s likely to continue higher. Now I’m not one to trade off of...
Read MoreThe Uranium ETF (URA) has pulled back to an area where lately it’s bounced, often times very quickly. I pay attention to the RSI indicator a lot, and have found that when it stays between the 40-80 area it remains in a...
Read More. clipped from news.yahoo.com • This chart shows that the poorest 90 percent of Americans make an average of $31,244 a year, while the top 1 percent make over $1.1 million: • According to...
Read MoreWhile it’s easy to think that gold and silver will continue to outperform all other asset classes, especially if this 2 day drop in the markets gathers steam, but that may not be the case and here’s why. Negative...
Read MoreThe character of the market is changing, evident by these three charts below. In the NASDAQ chart you’ll see that this is the first time in quite a while the red candle was completely below the middle keltner channel line....
Read MoreToday was the first day in awhile that the total downside volume eclipsed the 90% threshold. In fact, 92% of today’s volume was to the downside implying some serious selling. Good news if you’re a bear. You can also...
Read MoreWhile it’s early to declare the bull dead, there are more than enough signs, combined with the tension in the middle east to keep the selling pressure on the...
Read MoreLast summer at Agora Financial they had their annual “Whisky Bar” Panel where they made predictions and took questions from the audience. All of the guests made their best guesstimate as to where the Dow Jones would...
Read MoreIf you’re not familiar with Derren Brown I highly recommend checking out some of his programs as they are extremely interesting in pointing out how people are manipulated in everyday scenarios. In this interview with...
Read MoreJudging by the tensions that are mounting in Libya, I’m starting to think it was a good move to go to cash on Friday. It remains unclear as to whether it will effect our markets when they reopen on Tuesday, but it’s...
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