Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weakening.PE WTI Crude Oil at 61.53 is likely to move up to 63 soon, then see a dip to 61. Brent Crude at 64.71 is likely to move up to 65-66 soon followed by a dip too. Gold at 1359.30 could test 1st […]

Bitcoin’s Recovery Breaks Support Turned Key Resistance

Bitcoin’s Recovery Breaks Support Turned Key Resistance

Bitcoin’s Recovery Breaks Support Turned Key Resistance $BTCUSD Thursday, Bitcoin rose above $10,000 for the 1st time in more than 2 weeks, as investors came back in and bought the digital currency after having seen a 70% Fibo correction from its all-time highs hit in December 2017, the pattern looks encouraging. On the Luxembourg-based Bitstamp, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong in here. PE DJIA at 24893.49, +1.03% recovered well and looking Bullish near term after a break of 24500 on the Northside. My target is 25000-25275 now. DAX at 12339.16, +1.17% is ranged within 12400-12000. A break above 12400 could drive the price […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weakening.PE Brent Crude at 64.86 moved up from 62, 65 is Key resistance near term. A sustained break above 65 is needed to move higher to 67 medium term, or Brent Crude price is likely to remain ranged within 63-65 for […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong in here. PE Note: Overall major stock indices are mixed. While DJIA looks Bllish, DAX may trade sideways. Nikkei is trading near Key support which may hold or break to the Southside. Shanghai has recovered from deep lows and may now be in recovery […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Brent Crude at 62.80 has support in the 61-62 area, and while that holds, a bounce to 65 is seen in here. WTI Crude Oil at 59.17 has support near 57.30-58.00, which may drive the price to near 60-62 later this […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong inhere. PE DJIA at 24601.27, +1.38% could trade within 24800-23000 region and try to move above 24,800 near term with  25,200 in sight. Note: Support 23,563 on the 3-Day, if it holds may take it higher towards 25,500 in the coming sessions. The […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE WTI Crude Oil at 59.88 moved up from 58. If see a dip below 58, WTI Crude Oil is likely to test 56-54, as seen on the 3-Day then comes a bounce. Brent Crude at 63.43 has been stable above 62-61, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA looks stable to strong inhere. PE DJIA at 24190.90, +1.38% may trade within 24500-23000, and try to move above 24500 near term. Note: Support near 23200 on the 3-day, which if it holds, may drove DJIA to Key resistance at 24800 this week. DAX at 12107.48, […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE WTI Crude Oil at 59.88 moved up from near 58. In there is a dip below 58, WTI Crude Oil is likely to test 56-54 as visible on the 3-Day, before a bounce is seen. Brent Crude at 63.43 on the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Overall, I am Bearish near term. PE DJIA at 23860.46, -4.15% came off to re-test 24000 indicating that the fall may not be over yet. There is good support in the 23600-24000 area, which may hold in here. DAX at 12260.29, -2.62% came off, as Key resistance […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Brent Crude at 64.32, and WTI Crude Oil at 60.53 are down in line with expectations. Crude Oil prices look Bearish in here to me. Brent Crude is likely to test 63-62 near term. WTI Crude Oil may move to 59-58, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA bounce off of the 10% mark Monday, tested it Tuesday, and bounced sharply into the Green, moving up and down testing and retesting on heavy volume.PE DJIA at 24893.35, -0.08% moved up to test near 25500. Near term is likely to see some ranged-trade in the […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Brent Crude at 65.36, and WTI Crude Oil at 61.62 are down. Brent Crude broke below 1st support, while WTI Crude Oil is testing just here. A bounce if not seen now could lead to further fall in the Crude Oil […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA bounce off of the 10% mark Monday, tested it Tuesday, and bounced sharply into the Green.PE DJIA at 24912.77, +2.33% recovered the bottom test Tuesday and can rise above 25500 near term. While weekly support at 23600 holds, a further bounce in the next few sessions […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Brent  Crude at 67.41, and WTI Crude Oil at 63.95 have moved up, recovering from marks seen Tuesday. Near term looks Bearish, while trading below 68 and 64 respectively. Note: Let’s see if the weekly support on Brent holds or pushes […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support broke and the machines took over Monday. And globally stock indices are down and have entered into a sharp corrective more after the long rally. Corrective pullback is likely to continue this week. All indices seem to be above Key supports which if they breaks […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Brent Crude at 66.97, and WTI Crude Oil at 63.46 are down as expected. The Crude Oil prices could head lower in here. Brent Crude has support at 65, if it holds could take it higher again longer run, or the […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support held. PE DJIA at 25520.96, -2.54%) has seen the sharpest decliner since the rally that started from levels near 15500 in February 2016. With this there could be some possibility of some more fall towards 25000-24500 levels before resuming the uptrend. Near term looks Bearish […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New.PE Brent Crude at 67.75, and WTI Crude Oil at 64.71 have come off again. Brent is likely to move down near term towards 66-65, while WTI Crude Oil holds above 64. There could be some test to 64.00-63.75  near term. Gold […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support held. PE DJIA at 26186.71, +0.14% held Key support at 26000, while it trades above 25700-26000, DJIA may attempt to move higher towards 26500 near term. DAX at 13003.90, -1.41% came off sharply to test Key support at 13000, an important mark near to medium […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New, USD continues to weaken. PE Brent Crude at 69.79, and WTI Crude Oil at 66.04 have risen sharply. While 1st support near 68 holds on Brent Crude, it may target 71-72 near term. WTI Crude Oil is respecting support near 64, while […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: DJIA’s Key support held. PE DJIA at 26149.39, +0.28% was stable Wednesday. Note: that 25700-26000 is Key near term support region which may hold, keeping DJIA range-bound within 26700-25700. DAX at 13189.48, -0.06% to move down to support at 13100-13000, then a bounce may be expected  […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Brent Crude’s 68.97 support is near 68 and while that holds, the price could possibly trade in the 72/71-68 zone for now. It needs to break to confirm a down leg which may extend to 67-65, will wait for confirmation. Now […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Watch the FOMC meeting results Wednesday. The Market Bulls seems to have paused to refresh, and may trade sideways or see another dip in here. PE DJIA at 26076.89, -1.37% has come off from near 26700 as expected. While trading below 26700, it could test interim […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing New. PE Brent Crude at 68.45)has interim support at 68 and resistance at 71-72, while it trades above 68, there room to move to 72, or fall to 65 this week. WTI Crude Oil at 63.91 fell sharply compared to Brent […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26439.48, -0.67% is in a strong upward rally, I do not see any immediate resistance to limit further Northside action. DJIA looks Bullish in here to me. DAX at 13324.48, -0.12% came off to 13300. And while below 13400, it may test 13200 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Strength in USD brings a pause to rising commodity prices. While USD strengthens if it does, a dip in commodities, especially Crude Oil and Gold is possible near term.PE Brent Crude at 69.19, and WTI Crude Oil at 65.17 have come off […]

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition $DIA, $SPY, $QQQ, $VXX Again, and again hitting my targets, the sentiment is high and the positive momentum is Strong in here. The market will dip (negligible), pullback (-3 to 5%), correct (-8 t0 11%) or keep running ahead. Some if not many investors are afraid in here, […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26616.71, +0.85% is moving North, headed to 27000 or higher near term. DJIA looks Bullish to me. DAX at 13340.17, +0.31% came off sharply, and, while below 1340, Southside is open to 13000. Nikkei at 23749.33, +0.50% is stable in here. But USD/JPY […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weakness and Hawkish talk from ECB supporting Gold’s price. PE Brent Crude at 70.43 is stable in here. A rise above 71.35 is needed to continue to move North now, the price movement does not indicate any lack of Bullish momentum, and is poised […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26392.79,+140.67 spiked against my expectation, and has room to move higher on US President Donald Trump’s tough talk at the WEF in Davos, CH Thursday, more ‘align or be left behind” is expect Friday. The Psych  resistance is 26500, and that is possible near […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weakness and Hawkish talk from ECB supporting Gold’s price. PE Prior to the European Central Bank’s (ECB) press conference Thursday. many analysts and investors were expecting ECB President Mario Draghi to talk down EUR. Silver is Bullish, and Crude Oil is Neutral […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26252.12, +0.16% was stable Wednesday No major movement expected in here. Trading within 26000-26500 is seen near term. DAX at 13414.74, -1.07% came off from 13600 to re-test 13400 Wednesday. While trading above 13400, there could be chances of a rise to 13600 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: USD weakness helps Crude Oil and precious metals. PE Brent Crude at 70.90, and WTI Crude Oil at 66.16 have risen sharply and are currently trading above resistances at 70 and 65 respectively. They are looking strongly Bullish now as the US inventory […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26210.81, -0.01% appears stable. I am holding my view of a rise to 26400-26500 in here. DAX at 13559.60, +0.71% gaped open, and is trading higher. While trading above 13500, there is room to rise to 13750 or even higher now. Nikkei at […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 69.77, and WTI Crude Oil at 64.38 have moved up and come close to the resistances at 70 and 65. Lack of a rejections here begs the question of whether the Bulls still strength near term. While they […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New.PE DJIA at 26214.60, +0.55% finished up Monday and could continue to 26400-26500 near term. DAX at 13463.69, +0.22% may test support at 13400, then try to move to 13600 in the coming sessions. While trading above 13400, my view is Bullish. Nikkei at 24037.86, +0.93% […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 69.37, and WTI Crude Oil 63.94 are both at marks just below the resistances. While the rise continues, a re-test of the overhead resistances could be seen in 2-3 sessions. While I  expect the Crude Oil prices to […]

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition

Commentary: Paul Ebeling on Wall Street, Prediction Edition $DIA, $SPY, $QQQ, $VXX Again, hitting my targets, the sentiment is high and the momentum is Strong in here. Here is the predictions: In this earning scenario we are likely to see the S&P 500 at 3,257 in Y 2018, archive it. The market continues finding new leaders […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The Key global stock markets have all moved up nicely in the last few weeks and are likely to test resistance levels above current marks, which if they holds could push the prices to lower soon. PE DJIA at 26071.72, +0.21% is stable near current marks and […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 68.88, and WTI Crude Oil at 63.54 moved up a bit, but are overall steady steady in here. There could be some consolidation before deciding on direction. Gold at 1331.36 could trade within 1345-1320 in here. Thereafter a […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 26017.81, -0.37% is likely to test at 26200 as mentioned Thursday and could come off a bit from there. DAX at 13281.43, +0.74% moved up Friday and could test at 13400 next. Near term looks Bullish for DJIA and DAX to me. On […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 68.47, and WTI Crude Oil at 62.98 have come off as expected. Weekly resistance on Brent Crude and 3-Day resistance on WTI Crude Oil has been holding well and Brent Crude is likely to come off towards 67.70 […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 26115.65, +1.25% now has 1st resistance near 26200, if it holds, may see a dip to 25600-25800. DAX at 13183.96, -0.47% look headed to 13000 near term or stay in pause mode for a few sessions. The 3-Day candle signals some more Bearish […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 69.56, and WTI Crude Oil at 64.18 could trade below 1st resistances near 70 and 65 respectively. A few sessions of sideways and ranged movement is possible before dip to 68 and 63 respectively. Gold at 1326.70 has […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing New. PE DJIA at 25792.86, +0.04% dipped slightly from 26100, but while it traded above 25500, DJIA looks Bullish medium term to me. Note: Key resistance is now seen at 26100 on the dailies. DAX at 13246.33, +0.35% has room to test at 13400, and […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Again, hitting my targets, no predictions yet, but the sentiment is high and the momentum is Strong in here. DJIA look Very Bullish to me 26,000 in sight, that is the Key resistance. DJIA +228.46 at 25803.19, NAS Comp +49.28 at 7261.06, S&P 500 +18.68 at 2786.24 NAS Comp: +5.2% YTD DJIA: +4.4% […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: World stocks are overall mixed, almost all indices have rallied enough in the past few months and are likely to come off some, they lack any Bearish momentum and are unable to see follow through selling. We will see if they can power through the resistance barrier […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 70.03 is trading at Key resistance at 70 from where I expect a corrective dip to 69-68 near term. Price action near these marks is important, focus, keep an eye open. WTI Crude Oil at 64.53 moved up […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stocks are all stable now. PE DJIA at 25574.73, +0.81% and upside may not be over. A test of 25200-25000 is possible before again moving to 25400-25600  medium term. Overall DJIA is in an uptrend and is likely to continue. Remember, the trend is your friend. […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 69.30 tested 70.05 Thursday before coming off to close lower. While resistance at 70 holds, the price could trade sideways now, and come off towards 68 before trying a break above 70, if happens could indicate a move […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Global stocks look mixed in here, but DJIA looks Bullish. PE DJIA at 25369.13, -0.07% looks Bullish to 25400-25600 as mentioned earlier. DAX at 13281.34, -0.78% is finding it difficult to hold a break above 13400, while below that, DJIA could also come off to 13200-13000 soon. Near […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Brent Crude at 69.15, and WTI Crude Oil at 63.53 are quiet after Wednesday spike. Brent Crude has Key resistance at 70 which is likely to hold and push back prices towards 68-67 medium term. A break above 70 is not […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Stocks look Bullish. PE DJIA at 25385.80, +0.41% is headed to 25400-25600 as mentioned last week. DJIA look Bullish to me. DAX 13385.59, +0.13% is trading at major resistance at 13400. In case it holds, DAX could come off to 13200 or lower, or it could move up to […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Noting new. PE Brent-WTI spread could come off to test support at 5.3-5.0 in the coming sessions before bouncing back to 6 or higher in the long run. Near term looks Bearish to me.. Gold-WTI at 20.66 has broken below the support at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Stocks look Bullish. PE DJIA at 25283.00, -0.05% was quiet Monday. There is room for a move to 25400-25600 before a dip or consolidation is seen. Overall, DJIA looks Bullish to me. DAX at 13367.78, +0.36% closed below resistance at 13400, while that holds, DAX could pause awhile before […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Commodities trading near resistance marks and dips may be expected in here. PE Gold at 1319.11 is in a pause mode after rallying from levels near 1240. A small pause is possible with a maximum extension towards 1300 on the Southside before another […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX Again, hitting my targets, but no predictions yet. Friday’s finish: DJIA +220.74 at 25295.87, NAS Comp  +58.64 at 7136.56, S&P 500 +19.16 at 2743.15 NAS Comp: +3.4% YTD S&P 500: +2.6% YTD DJIA: +2.3% YTD Russell 2000: +1.6% YTD The Big Q: Will the managed money keep coming in? The Big A: It […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Stocks look Bullish. PE DJIA at 25295.87, +0.88% finished above 25000 Friday, breaking above the weekly resistance. We may well see a rise to 25400-25600 near term. DJIA looks Bullish in here to me. DAX at 13319.64, +1.15% broke above 13200 . This rise may re-test at […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Commodities may be trading near resistance marks and dips may be expected in here. PE Gold at 1320.28 is stable near 1st resistance and could test 1330-1350 this week. Strength in EUR 1.2033, and USD weakness will if seen be a Key supporting […]

Steve Bannon’s Backers Shunning Him Now

Steve Bannon’s Backers Shunning Him Now

Steve Bannon’s Backers Shunning Him Now Thursday, Steve Bannon fired from his position as a White House adviser last August has lost the support of the Mercer Family, his main financial backer, after excerpts of his comments to author Michael Wolff where in he disparages our President and The Trump Family, were made public. “I […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 25075.13, +0.61% is trading just above weekly support at 25000, while the daily and the 3-Day candles show some more room to the Northside. DJIA could trade sideways for a few sessions before try move up to 25400. DAX at 13167.89, +1.46% continues to trade […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Upside pressure continues on Gold and Copper. PE Gold at 1321.89 moved up sharply from near 1308. While .DXY moves down to 91, Gold is likely to test 1350 on the Northside before coming off to test 1300 and lower medium term. Near term looks […]

President Trump Torpedoed Steve Bannon

President Trump Torpedoed Steve Bannon

President Trump Torpedoed Steve Bannon As I said earlier today in this column, Steve Bannon cannot win in a dust-up with President Trump. Steve Bannon’s Key financial backer, conservative donor Rebekah Mercer, cut ties with him Thursday shortly after she spoke by phone with President Donald Trump. The rebuke from a former close ally of […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN DJIA at 24922.68, +0.40% stayed below 25000 during the Christmas Holiday week, and could now attempt to move towards resistance near 25400 on the daily candles over the next 2 of weeks. DAX at 12978.21, +0.83% tested support near 12767 on 2 January, and is now seeing […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Upside pressure continues on Gold and Copper. PE Gold at 1308.20 has been on a continuous move North since it tested support near 1236 in mid December. It broke resistance near 1285 end of December and is now headed to test resistance near 1325 on […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Upside pressure continuing on Gold and Copper. PE GOLD seeing Northside pressure, but with caution of a corrective dip. On the Southside, support comes in at the 1,300.00, where a break will focus on 1,290.00, a break there open the way for a […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Quiet pre-New Year trade. PE Gold rose to a new 1-month high after extending a rally that started from the 1240 area on 12 December. The Bullish bias is strong in the short term but in the big picture, the precious Yellow metal remains […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The major stock market indexes pre-New Year will remain quiet without much movement. PE DJIA +28.09 at 24774.30, NAS Comp +3.09 at 6939.34, S&P 500  +2.12 at 2682.62 Volume: Trade on the NYSE was light at 548-M/shares exchanges. NAS Comp: +28.9% YTD DJIA: +25.3% YTD S&P 500: +19.8% YTD S&P Midcap 400 Index: +14.8% YTD […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Quiet pre-New Year trade. PE Crude Oil producers to discuss exit plans from cuts once market near balance Trading: Gold and Silver pre-New Year price action is a bit slow. Gold continues to move higher during Christmas Week, and has climbed to its highest level since […]

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin $BTCUSD $CME, $CBOE Commentary: Most currencies to go quiet until after 1 January 2018. PE Last week, Bitcoin dropped from nearly $20,000 to a low of below $12,000. The sell-off was unexpected to some, leading civilian participants to call it Armageddon. On Christmas Eve, it started to rise and then fall again, it […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: As the major stock market indexes move pre-New Year stocks will remain quiet without much movement. PE Thin Christmas Holiday trade as various markets closed in Asia/Europe including: Hong Kong, Australia, New Zealand, France, Germany, Spain, Switzerland, UK and Italy. DJIA -7.85 at 24746.21, NAS Comp -23.71 at 6936.25, S&P 500 -2.84 at 2680.50 It was a […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Quiet pre-New Year trade. PE Thin Christmas Holiday trade as various markets closed in Asia/Europe including: Hong Kong, Australia, New Zealand, France, Germany, Spain, Switzerland, UK and Italy. Crude Oil producers to discuss exit plans from cuts once market near balance Trading: Gold and […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX What we saw in the US stock market last week was not damaging to the technicals. The DJI and S&P 500 are extended, but the action this week did not suggest they ready to roll over. That may come as the market moves into the New Year, […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold is consolidating after the strong collapse even though traders are taking some profit. Hourly support is seen at 1236, resistance is located at 1259, long-term, the technical structure suggests that there is a growing upside momentum. A break of 1392 is necessary […]

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin

Forex Morning Briefing: Bitcoin $BTCUSD,  $CME, $CBOE Bitcoin, the Big Q: How High Can it Go, How Low Can it Go? Bitcoin, after running hard to tap at $20,000, the crypto currency has cascaded ever since the CME aka the Merc, (NASDAQ:CME) started offering Bitcoin futures at the start of last week. From its high […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The major stock market indexes will move into Holiday mode from next week, equities may remain quiet without much movement. Some range-trade looks likely near current marks. PE DJIA at 24782.29, +0.23% is trading below 25000 and could remain sideways Friday, with narrow movement within 25000-24600. And, there […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1265.90 tested 1270 Thursday and may not breach 1280 near term. Rather a rejection from current marks is possible taking the price back to 1260 or lower. Brent Crude at 64.720, and WTI Crude Oil at 58.15 are stable […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: News stating lower US tax rates for consumers, bankers and retailers will continue boosting to US stocks.PE DJIA at 24726.65, -0.11% has major resistance at 24900, while that holds, DJIA could spend time ranged within 24900-24700. A possible dip to 24600 or lower looks likely before next up-leg […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1267.64 head to 1280, and could come off to current marks. Trading within the downward channel now, the precious Yellow metal price is likely to remain within 1280-1260 for some time to come. Silver at 16.207 is up from […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: The US Republicans lawmakers will send their tax reform plan to President Trump this week, news stating lower tax rates for bankers and retailers is giving a boost to US stocks.PE DJIA at 24754.75, -0.15% came off after testing at 24800 Tuesday. DJIA may remain stable for another session […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1263.81 moved up as USD  turns weak. While .DXY is at 93.43 is below 93.75, Gold is likely to hold above 1260. The immediate upside for the precious Yellow metal could be limited to 1280 for now. Brent Crude […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Expectations that the US Republicans lawmakers sen their tax plan to President Trump this week plus news stating lower tax rates for bankers and retailers is giving a boost to US stocks.PE DJIA 24792.20, +0.57% is headed to 25000 and it could happen faster than expectations. Near […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Gold and Copper looks Bullish in here, while the Crude Oil prices could remain stuck in some narrow and small movements in the next few sessions. PE Gold at 1261.60 moved up some, and looks Bullish towards 1270-1280 near to medium term, 1st […]

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street

Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX As expected the Fed hiked interest rates as expected. Much more data to come this week, including: Housing starts, Existing Home Sales, GDP third, Philly Fed, Leading indicators, Personal income and spending, Durable Goods Orders, New Homes, Michigan Sentiment. Overall, the US economic data is […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new.PE DJIA at 24651.74, +0.58% could spend a few sessions sideways before moving up to 24800 or higher. Near term looks Bullish to me. DAX at 13103.56, +0.27% rose from 13000, but while below 13150, chances of a fall again to 12900 remains. A clear break […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1255.30 is stable now and is likely to trade within 1265-1250 for a couple of sessions. Near to medium term looks Bullish to me. Brent Crude at 63.32, and WTI Crude Oil at 57.35 are stable at these marks. […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI, $BSESN Commentary: Nothing new.PE DJIA at 24508.66, -0.31%) has weekly resistance near 24700 and if that holds, the index could enter into a sideways consolidation mode within 24700-24000 before again moving up towards 25000 in the longer term. DAX at 13068.08, -0.44% came off sharply to re-test 12900 […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1254.90 paused after making an intra-day high at 1260 as expected, while 1260 holds, the price may fall back to 1240, or a break above 1260 if holds might trigger a rally to 1280 and higher. Brent Crude at […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Fed hiked interest rates by 25bpts as expected, has not impacted the DJIA much.PE DJIA at 24585.43, +0.33%) inched up to test 24666 before closing at slightly lower levels yesterday. We continue to look at important resistance near 24800 and while that holds, Dow could come off sharply […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1256.67 rose sharply from support at 1240, and could be stalled near 1260 for sometime before again rising back towards 1280/90. A pause and probably a dip is possible from marks near 1260. Silver at 16.08 rose in line […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing changed. PE DJIA at 24504.80, +0.49%, and DAX at 13183.53, +0.46% are up about 0.50%. While DJIA has room to rise to 24600, DAX does not look very Bullish while below resistance at 13200. Note: DAX could test to 13000, while DJIA inches up near term. Nikkei at […]

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing

Gold, Silver, Copper and Crude Oil Briefing $GLD, $SLV, $CU, $USO, $OIL Commentary: Nothing new. PE Gold at 1243.29 looks stable, want to see if it holds above 1240 Wednesday or comes down to test 1220. Movement in the next couple of sessions will be Key. Silver at 15.72 is stable above 15.60. The price is likely […]

Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks $DIA, $DAX, $DJSH, $N300, $NSEI Commentary: Nothing changed. PE DJIA at 24386.03, +0.23% looks to be heading to 24600 in here. Movement could be small and narrow, but looks positive near term to me. DAX at 13123.65, -0.23% came off a bit, and remains below 13200. Looking at the 3-day and the weekly candle, there […]