Bitcoin Trades Near Parity With Gold (chart spotlight)
While Gold (NYSEACA:GLD) has been on a tear in 2017. But as Bloomberg noted last week, Bitcoin is closing the gap!
Gold is trading at...
Inside The Markets: 5 Charts For Active Investors (February 22)
It’s time for another round of macro technical charts as investors attempt to weigh the risk to reward ratio across several markets (including stock market indices,...
Stock Market Futures Trading Outlook For February 22
S&P 500 (INDEXSP:.INX) Considerations For February 22, 2017
Bullish action still holds with higher support today. We tested a new high and pulled back a bit, but charts hold...
Crude Oil Price Compression: A Big Move Is Coming
We have an oil market in indecision. Indecision = compression.
Crude oil price compression is building energy for a big move.
There a variety of influences...
Stock Market Futures Trading Outlook For February 21
S&P 500 Futures Market Considerations For February 21, 2017
ES_F– Bullish action still holds with higher support levels building today. We have been trapped in a channel after...
Crude Oil Technical Update: Market Bulls Face Hurdles
There's been very little change in the outlook for crude oil over the past week.
Fundamental and technical hurdles remain but from a price perspective, traders...
Gold Chart Update: Bulls Look To Power Through Resistance
After a second wave higher in the 2017 rally, gold prices spent much of last week trading in consolidation mode.
Although the backdrop is bullish,...
Global Markets Update: 5 Charts To Watch Now (February 15)
It’s time for another round of macro technical charts as investors attempt to weigh the risk to reward ratio in several markets (including stock market...
Gold Miners (GDX): Gold Bugs May Not Be Immune Here
A key driver for gold prices (NYSEARCA:GLD) in early 2016 was Japanese negative interest rate policy rolled out at the end of January (note...
Stock Market Futures Trading Outlook For February 10
S&P 500 Futures Considerations For February 10, 2017
Tax reform news kept markets higher yesterday, and overnight gains in Europe and Asia are allowing for...