Negative Divergence
As the overall markets continue to move higher the Vix fails to confirm and hit new lows. We may look back on this and see this as a sign that the markets may be putting in some type of short term...
Read MoreAuthor: Jeff Pierce
Long Term Oil Chart
Via Trader’s Narrative and be sure to check out his sentiment work…always a must visit on the weekends. Oil’s chart almost resembles one massive cup/handle formation with a measurement that would cause riots...
Read MoreSome Interesting Charts
clipped from www.financialsense.com
Read MoreGold Consolidating for Big Move
Gold is in a good spot right now, exactly where it needs to be to prepare for it’s prime time debut when it breaks above $1000/ounce. Ideally it would hang out in the 875-975 area for a couple of weeks,...
Read MoreMobs, Messiahs, and Markets Reviewed…
Mobs, Messiahs, and Markets is a thorough and thought provoking book that provides accurate history lessons, nuggets of common sense, and infinite market wisdom. I would consider it essential reading for practically everybody....
Read MoreWhat Millionaires Think
It sure is good to know that millionaires are feeling more bullish these days… clipped from...
Read MoreGold-Backed Dollar Anyone?
By Martin Hutchinson Contributing Editor Money Morning Thanks to the U.S. Treasury, investors can now switch some of their savings over to what could be a superior “legal tender.” Called “Gold...
Read MoreDollar May be Doomed, Regardless of Geithner
By Jason Simpkins Managing Editor Money Morning Two days of talks between U.S. Treasury Secretary Timothy F. Geithner and Chinese officials culminated yesterday (Tuesday) with both parties reaffirming their confidence in the...
Read MoreCurious Indicator
I was looking at the Dow’s chart tonight, tilting my head trying to decide if this is a new leg up or an exhaustion gap and something jumped out at me. This may be nothing, but it’s pretty interesting how Monday has...
Read MoreStocks About to Bust
A few others that look ripe to move higher are EW, TNDN, TYL, and all are former stocks I’ve mentioned here...
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TraderPlanet’s Quick Guide to Candlesticks
