$XAU, $GLD Gold markets started to rally last week, but struggled going higher. And in the action is forming a Shooting Star, thus suggesting that Gold is going to continue South towards its support at 1280 oz. If Gold break below 1280, the market move South towards 1250, and then 1200. This is interesting considering […]
$DIA FLASH: The DJIA triggered a technical signal Tuesday that many participants believe could mean more gains for stocks, the pattern is known as the ‘golden cross‘. The chart pattern comes about when a short-term moving average moves above a longer-term moving average. Moving averages are popular trend indicators used by technical analysts. In the […]
“Crime of the Century” is Obama’s Gamble on Illegal Surveillance In casting its wide surveillance dragnet on team Trump, the Obama administration gambled that if it spied on enough “people long enough … something was bound to turn up,” an analyst said. “Desperate Obama cronies had figured out that they could bypass many of the […]
Plan Your Work, Work Your Plan: Trading a Strategy On some of the technical aspects of trading equities and other financial issues. Entry/Exit points for a trade is perhaps the most critical side of trading financial issues, it separates the winning trader from a losing one over the long haul. The Big Q: How is […]
Technical Outlook for Gold (Weekly) $USO COMEX Gold (GC) Gold’s consolidative trading continued and outlook is unchanged in here. At this point, further rise cannot be ruled out as long as the support at 1308.2 is intact. The/an extension could top around long term Fibo mark at 1380.98. A clear break of the Key support […]
The Fundamental Argument for Gold is Good in Here $GLD, $SLV The fundamental argument for Gold is strong now as are the technicals. The alternative is government bonds that yield nothing or less. Or stocks, which are currently expensive at about 20X EPS. The Gold Bugs like to talk about the “endgame”, so below are […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX No matter what we hear Barack Hussein Obama, Hillary Clinton or Bernie Sander we all know why the unemployment rate is at 4.7%, yes. Just about 33% of the nation is not working, and that group is a much larger portion of the actual working-aged […]
A Healthy Lifestyle Can Prevent Many Cancer Cases A new large-scale US study has found that many cancer cases and deaths in individuals could be prevented by following a healthy lifestyle. The team of researchers, from Massachusetts General Hospital, Harvard Medical School and the Harvard T.H. Chan School of Public Health, looked at data from […]
Commentary: Paul Ebeling on Wall Street, Bulls Vs Bears, Support & Resistance $DIA, $SPY, $QQQ, $VXX The bulk of earnings are finished, The Walt Disney Company (NYSE:DIS) is the only DJIA component that reports this week. It is May, and the time when may Wall Street traders are getting ready to head for vacations, lot […]