Commodity Index Rallies Back To Key Inflection Point
TR Equal Weight Commodity Index "monthly" Chart
After peaking in 2011, Commodities have traded in a tight declining trend channel.
The falling trend channel is marked...
2020 Providing Plenty of Volatility but Little Progress
Key Stock Market Takeaways:
- Knowing the ride keeps investors leaning in the right direction
- Consolidation could provide breadth leadership and renewed skepticism
- Copper suggest...
Is It Rally Time For Gold and Silver Mining Stocks?
As most readers are aware, we have been long Gold and recently reiterated our trading stance this week.
With gold trading higher, this has opened...
Gold Futures Reverse Higher Off Key Price Support
August Gold Futures Trading Chart
As I pointed out yesterday, we are long Gold futures off the latest test of make-or-break price support.
Gold is moving...
Gold Futures Trading at Make or Break Support Level
Gold Futures Trading Chart for June 8
Gold futures are trading at a make or break critical spot heading into the new week.
To resume...
Gold Price Reversal Creates Another Short-Term Trading Opportunity
August Gold Futures Chart & Analysis
My position on Gold futures was stopped out this morning as price broke below the trend channel line.
But it...
Stock Market Today: Investor Sentiment Turning Greedy
The major U.S. stock market indices continue to push higher in the face of uncertain economic data and news.
Price is now overbought on the...
Are Puppets or Puppeteers Pulling the Stock Market’s Strings?
Civil unrest is not impacting the market right now, as much as one might think it should.
Someone said today that the market has no...
May Monthly Stock Market Update and Economic Commentary
Stocks rose sharply in May with the S&P 500 Index INDEXSP: .INX gaining 4.5% while the Dow Jones Industrial Average added 4.3%. The NASDAQ Composite...
Gold Futures Price Reversal Could Target $1860
Gold Futures Chart (August) Price Analysis
We are rolling over our position to the August gold futures as it is now the most active contract.
Gold...
