Looking for a Major Bottom in Gold

Looking for a Major Bottom in Gold

Looking for a Major Bottom in Gold $GLD, $USD Shayne and I do not believe that the weakness in Gold and gold mining stocks is over, the outlook is that another Southside leg getting underway. Should that happen, we are positioned to profit from it. Long-term investors, traders, and speculators should be aware of the […]

SEC Hammers Musk, Market Hammers Tesla (NASDAQ:TSLA) Shares

SEC Hammers Musk, Market Hammers Tesla (NASDAQ:TSLA) Shares

SEC Hammers Musk, Market Hammers Tesla (NASDAQ:TSLA) Shares $TSLA Tesla (NASDAQ:TSLA) COB/CEO Elon Musk, 47 anni, could have settled with US regulators who have sued to remove him from the niche EV maker’s leadership. Instead, he says he will fight the securities fraud lawsuit against him in court Friday, as shares dove 13.9% deep Bear […]

Tesla’s (NASDAQ:TSLA) CEO Musk’s Tweets, Stock Takes Another Hit

Tesla’s (NASDAQ:TSLA) CEO Musk’s Tweets, Stock Takes Another Hit

Tesla’s (NASDAQ:TSLA) CEO Musk’s Tweets, Stock Takes Another Hit $TSLA Elon Musk, Tesla’s CEO, Tweeted that he is removing 2 of the 7 regular/standardcolors currently available for Tesla’s EVs Tuesday, the financial media reported that the colors, obsidian black and metallic silver, would still be available for potential buyers, but at a higher price than the […]

Crypto Bear Market Hammers Bitcoin Cash

Crypto Bear Market Hammers Bitcoin Cash

Crypto Bear Market Hammers Bitcoin Cash $BCHUSD This year’s Bear market in cryptocurrencies has really punished investors who bought Bitcoin (BTC) at the height of cryptomania last year. But, losses have been even more painful for those who invested in promising rival BCH. Bitcoin Cash (BCH), an offshoot of Bitcoin that launched on 1 August […]

Keeping Records? This is the Longest Bull Market in Stocks on Record

Keeping Records? This is the Longest Bull Market in Stocks on Record

Keeping Records? This is the Longest Bull Market in Stocks on Record $DIA, $SPY, $QQQ, $RUTX Are you 1 of us who keeps good records? Well thank take some time Wednesday and look up some old 401(k) or mutual fund statements, then check your balance on 9 March 2009. The difference from then and now […]

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year

Bitmain, the Crypto Mining Giant, on Target for $10-B in Revenue this Year $BTCUSD TechCrunch has learned through a company fund raising overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2-B in Q-1 of Y 2018. Despite a slump in bitcoin prices since the beginning of the year, the company is on track […]

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors

President Trump’s $500-B Trade Threat Hammering China Investors $DIA, $SPY, $QQQ, $RUTX, $VXX Now, with 6 months of wrangling over trade tariffs with the United States has wiped out 22% and counting of China’s stock market value and driven its currency down sharply. Those moves are just the beginning on what may be coming. Shanghai’s benchmark […]

US Stocks in Consolidation Mode, Not in Bear Market

US Stocks in Consolidation Mode, Not in Bear Market

US Stocks in Consolidation Mode, Not in Bear Market $DIA, $SPY, $QQQ, $VXX Thursday, US stocks bounced, as expectations that lower US taxes will drive corporate earnings added to fading worries about a US military conflict with Russia in Syria. We are seeing some early optimism ahead of earnings season’s kick-off Friday, and there no […]

Bitcoin: ‘Death Cross’ Marked, is it a Bear Trap?

Bitcoin: ‘Death Cross’ Marked, is it a Bear Trap?

Bitcoin: ‘Death Cross’ Marked, is it a Bear Trap? $BTCUSD The price of Bitcoin is back below $7,000 and trading at its lowest price since 7 February. According to CoinDesk’s Bitcoin Price Index, the world’s largest cryptocurrency is changing hands at $6,700, a move that follows its steady decline from around $8,000 since the start of the […]

People are asking: “Has this market topped.”

People are asking: “Has this market topped.”

People are asking: “Has this market topped.” $DIA, $GLD, $SLV Since February 8th when the Dow Jones broke below its -10% BEV line in the chart below, it’s been building a pennant formation. I don’t know how significant it will be when the BEV plot breaks above or below the pennant, as technical analysis in today’s […]

USD & Gold: The Bulls Vs The Bears

USD & Gold: The Bulls Vs The Bears

USD & Gold: The Bulls Vs The Bears $USD, $EUR, $GLD The notion of repeated cycles is timeless, it is how the ancient people perceived time: not as linear sequence of events, but as replaying patterns of Dark and Golden Ages. Those of us that Chart the Market view it as struggle between The Bulls and The […]

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation

Monetary Policy is the Engine-of-Inflation $DIA, $GLD, $SLV Just 2 Friday’s ago, on January 26th The Dow Jones Industrial Average (DJIA) made its latest BEV Zero, new all-time high.  Then 9 trading days later on Thursday February 8th it broke below its BEV -10% line in a dramatic fashion. The BEV plot seen below begins at […]

Technically the Stock Market’s Volatility Looks Short Term

Technically the Stock Market’s Volatility Looks Short Term

Technically the Stock Market’s Volatility Looks Short Term $DIA, $SPY, $QQQ, $VXX US equities reclaimed some losses for the week Friday in another volatile trading session. The S&P 500 gained 1.5% The DJIA gained 1.4% The NAS Comp gained 1.4% The Russell 2000 gained 1.0%. The S&P 500 covered a wide range of about 105 […]

DJIA Pullback Linked to Bond Market Not DC Disclosures

DJIA Pullback Linked to Bond Market Not DC Disclosures

DJIA Pullback Linked to Bond Market Not DC Disclosures $DJIA Last week’s US stock market pullback related to movements in the bond market, and not to the release of a GOP House Intel memo that accuses FBI and DOJ investigators of anti-Trump bias, that has indicated President Trump in the Russia probe.  President Trump’s position […]

Bear Market Volatility, 200 Day Count in this Bull Market

Bear Market Volatility, 200 Day Count in this Bull Market

Bear Market Volatility, 200 Day Count in this Bull Market $DIA, $VXX, $GLD Anything I say this week may appear foolish this Friday. Unless something big happens, this is my last article for 2017.  I plan to submit my next for the weekend of January 13-14.  I do not expect my readers will be missing […]

The $64-T Question, How Long Can This Bull Market Run

The $64-T Question, How Long Can This Bull Market Run

The $64-T Question, How Long Can This Bull Market Run $DIA, $GLD, $SLV, $VXX This week the DJIA a made a new all-time high, the 68th of the year, and in this Trump Rally there is no indication of a market correction to be seen on the horizon in the Dow Jones’ BEV chart below. The Dow […]

The Market Update for September

The Market Update for September

The Market Update for September $DIA, $SPY, $QQQ, $GLD, $SLV The Dow Jones (NYSEArca:DIA) made 7 new BEV Zeros (new all-time highs) in the past 3 weeks; it cannot make a decent correction if it continues doing that.  And that’s one thing this market needs to do – make a decent correction.  The Dow Jones […]

A Falling Stock Market, A Easing USD That Brings Us Back to Gold

A Falling Stock Market, A Easing USD That Brings Us Back to Gold

A Falling Stock Market, A Easing USD: That Brings Us Back to Gold $GLD, $SLV, $ABX, $GG, $EXCFF, $WPM As the USD falls from the Fed’s continuation of loose money policies, it will lift up Gold prices to unprecedented highs. Plus, recessions are a great environment for Gold During the last 2 recessions, Gold prices […]

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds

Mark Lundeen: Gold and Silver Vs Stocks and Bonds $GLD, $SLV,$DIA, $GOVT Last  week ended with a new all-time high for the DJIA.  Keep in mind I am still a Big Bear on the stock market, but there’s no need to begin the depression any sooner than is necessary.  Still, I have to be honest […]

Bear’s Eye View of the Stock and Gold Markets

Bear’s Eye View of the Stock and Gold Markets

Bear’s Eye View of the Stock and Gold Markets $DIA, $SPY, $QQQ,  $GLD, $SLV Last Wednesday a week,  saw a bit of Southside action in the US stock market.  The DJIA closed 1.78% (373 points) below Tuesday’s close. That has all been erased and S&P 500 and NAS Comp are in record territory again. People […]

Central Banks are Monetizing Stocks and Bonds

Central Banks are Monetizing Stocks and Bonds

Central Banks are Monetizing Stocks and Bonds $DIA, $SPY, $QQQ, $GLD, $SLV Following this market is an exercise in frustration.  Last week, DJIA (DOW) appeared ready to roll over.  I expected the Dow  to be closer to its -5% line than its -2.5% line at the close of this week. But, as you can see […]

Economic Electrical Power Consumption…

Economic Electrical Power Consumption…

Economic Electrical Power (EP) Consumption… US Historical Review: 1929-2017 $DIA, $SPY, $GLD, $SLV Last Friday promised some excitement for this week; what with the much anticipated interest rate increase by the FOMC and the Federal Government hitting its debt ceiling on Wednesday the 15th. Friday evening, it was all much to do about nothing, with […]

This Policy Stuff is Way Past its Expiration Date

This Policy Stuff is Way Past its Expiration Date

This Fed Policy Stuff is Way Past its Expiration Date $GLD, $SLV, $NUGT, $GDXJ, $GGGG As expected, the FOMC passed up another opportunity to raise their Fed Funds Rate this week.  With 2016 being an election year, and late September just a few weeks from the November election, how anyone could believe the Yellen Fed would […]

Muni Bond Yields & Barron’s Confidence Index

Muni Bond Yields & Barron’s Confidence Index

Muni Bond Yields & Barron’s Confidence Index $DIA, $GLD, $SLV Finally, after two months the stock market saw a little excitement last Friday; the Dow Jones Industrial Average (DJIA) almost broke below 18,000 at the close. Two “policy makers” said FOMC “policy” isn’t market driven; that they may actually increase their Fed Funds Rate: twice […]

Barron’s Gold Mining Index (BGMI): A 96 Year Study

Barron’s Gold Mining Index (BGMI): A 96 Year Study

Barron’s Gold Mining Index (BGMI): A 96 Year Study $GLD, $SLV What does “real money” mean to you? To many of my readers, I suspect real money would be gold and silver coinage backing the paper money in circulation. But to politicians and economists, it means something completely different: “A billion here, a billion there, and […]

Looking at Equity Markets for Economic Signals is a “Mistake”

Looking at Equity Markets for Economic Signals is a “Mistake”

Looking at Equity Markets for Economic Signals is a “Mistake” $DIA, $SPY, $QQQ, $VXX Volatility in stocks and bonds was part of the FOMC’s consideration for slowing interest rate increases in February. Now a Fed economist attached to the central bank’s Dallas branch says that “relying on the equity market for economic signals is a […]