Time To Go Long Gold Miners and Short the S&P 500?
The precious metals sector continues to be a "grind", offering a few trades but mostly sideways to lower action.
Gold prices have slogged along and...
Stock Market Futures: Ready For Another Whirlwind Week?
Monday should bring more chop as futures traders look likely to test lower support levels on the S&P 500 and Nasdaq.
Stocks have been whipped...
S&P 500 Weekly Forecast: The Correction Isn’t Over Yet
Investors will likely have to endure 2-3 more weeks of price volatility as the financial markets absorb a developing news cycle focused on Saudi...
COT Report: Is Gold Basing For A Broader Rally?
The chart below looks at non-commercial futures trading positions for Gold (NYSEARCA: GLD). For the week Gold closed higher by +0.5%, consolidating recent gains.
Here’s a look...
The Stock Market Is Shooting Arrows and Throwing Daggers
The stock market has 5 heads and 8 arms.
It stands victoriously on 2 legs atop its victim.
It could be because the victor has more...
S&P 500 Weekly Market Outlook: Breadth Swoons… Lows Soon?
Key Takeaways: Â Indexes bounce but momentum and breadth not providing evidence that risks have receded. Best evidence that a meaningful low has emerged will...
Is All That Glitters Gold?
The following article is a part of my Gone Fishing Newsletter that I provide to fishing club members each week to identify macro inflection points and...
PayPal “Gets Paid” in Q3 Earnings, But Cycles Point Lower
PayPal Holdings (NASDAQ: PYPL) traded 10% higher on Friday morning, after posting earnings that beat Wall Street expectations.
The online payments company reported earnings per...
Stock Market Crash Deja Vu? Keep An Eye On This Pattern!
Just over 3 weeks ago, I shared a chart looking at the divergence that has been brewing under the surface of the S&P 500...
Stock Market Futures Update (October 19): Stay Frosty
After yesterday's pullback, stock market futures are lifting today.
Lots of back n forth lately.
Buyers are holding higher lows but sellers lie in wait above....
