Simple update for today and what to watch for tomorrow. According to Sentimentrader.com, 94% of 2010′s gains came on the first day of the month and 61% of the entire rally was due to a gap-up to open. That means if the trend continues, we can expect tomorrow to gap-up strong and potentially a little [...]
Spot crude closed the day higher by nearly 3.00 points as the Suez Canal waterway in Egypt remains closed. This closed waterway causes the major oil ships to have to take a different route in order to deliver crude. The popular United States Oil Fund(NYSE:USO) is trading higher by $1.13 to 38.71. This is a [...]
This morning the major stock market indexes are all starting the session higher to begin the day. The talking heads in the media are now saying how everything is fine once again in the world with the exception of Egypt. The Asian markets traded mostly lower last night with the lone exception of the Shanghai [...]
The Middle East unrest continues and this will likely make our markets uneasy in the meantime. This situation may last longer then we want it to as President Mubarak does not want to resign even though the people have clearly spoken. This situation has re-energized oil prices and oil stocks that drill in America have [...]
We have seen some exciting moves in the market and with the market sentiment so bullish it should make for a sharp selloff in the coming weeks. Meaning everyone is overly bullish and owns a lot of stocks and commodities; therefore the market should top and leave them holding the bag while the smart money [...]
With an overall positive performance ending out the week, how did you do? The interesting story this week was the performance of gold. It looked like gold was trying to push through support levels and succeeded, if only for a day on Thursday. It strongly shot back up on Friday so the price of gold [...]
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With an overall positive performance ending out the week, how did you do? The interesting story this week was the performance of gold. It looked like gold was trying to push through support levels and succeeded, if only for a day on Thursday. It strongly shot back up on Friday so the price of gold [...]
Related posts:
Many investors, especially the bears that have been hiding for much of late 2010 and into 2011 will be smiling at the thoughts of a possible Wikileaks release to add fuel to the fire. Many sources are claiming Bank of America, however the way the economy has been the past few months, anything is possible [...]
I am pleased to present Part 3 of a uniquely clear-sighted three-part series by frequent contributor Zeus Y. on the consequences of our corrupt financial-political Status Quo being exploited by a parasitic Financial Elite.Part III: The Quiet Rebellion:…
Here’s my recent analysis published for BullBear Traders members:
SUMMARY
Thusfar markets have proceeded pretty much as my analysis had anticipated. US equities are now fairly well confirmed to be in a major Wave 3 advance. Increasingly, signals are indicating that the 10 year long lateral bear market is…
