$DIA $SPY $QQQ $RUTX $VXX I expect stocks to consolidate in an uptrend the Bull run off the 23 March lows then rally into the end of the year. I have been tracking the Y’s 2009-2020 action since the March C-19 coronavirus chaos, and it looks uniquely the same. If I am right, we will […]
$.DXY $DX $USD Friday, the US Dollar Index (.DXY) finished sharply lower as the EUR moved to a 12-wk high after the ECB increased its stimulus to bolster EU economies hurt by the C-19 coronavirus chaos. USD has been under pressure for the last 3 wks as risk sentiment improves and stocks rallied on optimism […]
$DIA $SPY $QQQ Many people saw the recent market selloff as the start of a Bear market, from the beginning I argued it was an external effect in this long Bull market. So, whether 23-24 March marked The bottom or A bottom is irrelevant I believe. The broad Question is whether the long-term factors that […]
Silver to Gold Ratio Points to Over-sized Profits Coming to Silver $SLV, $GLD, $DIA I last wrote an article on Friday November 9th as the Dow Jones closed with a value of -3.13% in the BEV chart below. Three Friday’s later and the Dow Jones closed today with a value of -4.81%. Not much of a […]
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 […]
Emerging Market Rout Approaching Bottom $USD, $AUD, $NZD Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom, but says that there are still countries like the Philippines that will suffer. Given the uncertainty, the money manager is keeping a net neutral USD position, while making trades including shorting the Philippine […]
Bitcoin is Bouncing Around Searching for a Bottom $BTCUSD, $CBOE, $CME, $GOOG After a challenging Q-1, cryptocurrency investors are hopeful that the Death Cross sell signal has not crashed their market. Recall, that Sunday, Bitcoin fell below $7,000, which saw the 50-Day MA cross below the 200-Day MA, forming a Death Cross that some technical […]
Bear-Market Interruptus, But I Do Not Know When $DIA, $SPY, $QQQ, $GLD, $SLV Well, they finally did it! Last week the bulls took the DJJIA up to, and then closed above its 20K line Wednesday, Thursday and Friday. Bravo Zulu to our horned brethren in the market. But we shouldn’t be shocked at seeing the […]