To Bounce or Not To Bounce?
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Read MoreAuthor: Jeff Pierce
I’ll Take the Red Pill Please…
It’s a shame that the production and filming of these videos are so cheesy because there really is some decent information embedded within these clips. It’s almost like Ventura wants to produce this in a way that he’s...
Read MoreMarket Internals Turn Cautious
Remaining flexible in these markets is crucial as I may be extremely bullish one day and when the charts change I try to change with them. I’m not sure if the markets are going to correct longer than just a few days, but...
Read MoreBloggers are Bullish
We are nearing the top end of the range. If you visit their site you can see how bloggers have gradually become bullish over the past few weeks.
Read MoreBonds Bounce at Bollinger Bands
Was trying for all B-words but couldn’t think of one for “at”. Anyhow..it has been awhile since I’ve talked about bonds or really heard anything positive about them anywhere on the blogosphere, so it could be time for them to...
Read MoreCliff Jumping or Dip Buying
The trick in reading a chart is whether it’s a buying opportunity or a last chance to get out before the big plunge. Today was a continuation day but the jury is out whether a 2 day correction is all this market needs to keep...
Read MoreBullish Patterns Continue to Emerge
As long as stocks with bullish implications such as cup/handles continue to show up on my nightly scans, this market is going to grind higher. Today gold, along with the general markets rebounded just as I thought they would...
Read MoreMetals Should Continue Higher
Yesterday I put some targets for a silver pullback and it hit the .38% fib number today. I also think gold is overdone on the downside and should begin to turn back up from here. Judging by how UUP reacts at the upper...
Read MoreBad Day, Still Bullish Though
Today was probably the worst day I’ve had since this uptrend started a few months ago. It’s funny because I was starting to get bearish on the markets, or at least thinking we were going to get a pullback day after looking at...
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