Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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I was watching CNBC last night, and it seemed like every other guest was predicting Dow 36,000 for 2012. Correct me if I'm wrong here, but don't bull markets start when everyone is bearish? In March of '09, AAII sentiment was over 70% bears...
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There's been no material change in the counts from as far back as last year (always wanted to say that). The market remains balanced at a short term pivot point, and there's literally been no change at all since the updat...
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If you knew with pretty good certainty that the market was within a few percentage points of a long-term top, how would you behave? Would you warn your friends and family? I would... and have.
Could I be wrong about what's...
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On Friday, the market again performed in accordance with the expectations of the preferred count, with the Dow and SPX hitting their targets and reversing within just a few points. This does remain a difficult market to anticipate,...
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From a technical standpoint, nothing happened yesterday. The markets may as well have been closed. Lots of people are talking about the bullish "inverted hammer" candlestick (so named because it looks like a candlestick) on the da...
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Alrighty then. Apparently, the hours I'm keeping have become too much for my body these last few days. Many apologies. Here's the charts I finished last night before falling asleep at my computer for the 3rd night in a row. ...
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Looks like, smells like, taste like a ramp and camp but not to be fooled, massive selling is imminent. These swings are either a market top or market bottom. We we be at DOW 15,000 or DOW 6,000 within one year. Me like the 6 handle.
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Dow, S&P Log Worst Thanksgiving Week Since 1932
Published: Friday, 25 Nov 2011 | 1:10 PM ET
By: JeeYeon Park
CNBC.com Writer
Stocks closed in negative territory in thin, shortened trading Friday as investors were reluctant to go long ahead of the wee...
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On the bright side, stocks could've done a whole lot worse given the persistent deterioration in Europe. First, the scoreboard:
Dow: -25.6 pts, -0.2%
S&P 500: -3.1 pts, -0.3%
NASDAQ: -18.5 pts, -0.8%
And now, the top stories:
After being closed f...
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The market break felt significant, and a 13 week cycle down phase has been signaled, but neither the Dow nor the S&P broke key support levels. Here’s what needs to happen for the bears to take over, or for the bulls to stay in charge. Tweet
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U.S. companies with significant exposure to Europe will take a profit hit regardless of how the Eurozone debt crisis shakes out.
The financial strain of Europe's efforts to avert default among its troubled members - Portugal, Italy, Ireland, Greece and Spain (PIIGS) - has set the Eurozone...
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EUR CL ES NQ YM etc. all jumped at once. Don't see any news. Either somebody knows something, or else someone is putting on the squeeze play.
Correlation is running so high, everything is just jumping or dumping together. Risk-on/Inflation trade, o...
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Sentiment continues to remain bullish, despite the declines in the averages last week.
Rydex funds are reaching ridiculous extremes. Rydex funds offer a good proxy for retail investor sentiment; retail investors are small money, an...
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Sometimes you just spend too long staring at charts. Yesterday, on my blog, I warned of the possibility of a fifth wave failure in the NDX and SPX. After the close Tuesday, I took a much needed break and spent some time with my family,...
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EU leaders are actively looking for ways recapitalize European banks in a coordinated plan, according to an FT report. Finance ministers concluded that banks are suffering from funding concerns and that markets will need to be convinced they can withs...
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The market broke through trend resistance today on the SPX, but failed to do so on the Dow. Tweet
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Plus, let's not forget that the Dow was down 500+ points in one day last week.
This is not the type of market action that breeds confidence among Larry Kudlow's "investor class."
Safe to assume that mutual fund holders are now firmly in panic mode.
...
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Well, it's deja vu all over again.
For anyone who followed the market crashes of 2000-2002 and 2007-2009--especially the crash of 2007-2009--the 512-point drop in the Dow feels awfully familiar.
And as those market crashes reminded us, the downdr...
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Markets are getting destroyed today on a raft of concerns about the economy. Most notable is the crisis in Greece, which is watching its market evaporate furiously, even after a recent bailout of Greece that was designed to stem the contagion.
Thi...
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I'm expecting July's nonfarm payroll at 40,000 to 45,000. This number would spell disaster! DOW 11,400 for sure!
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Monday Morning Outlook: On the Edge of a Technical Cliff
Psychologically critical technical levels are still up for grabs
by Todd Salamone 6/18/2011 12:45 PM
It was a rather hollow victory on Wall Street Friday, as the Dow limped to its first (barely)...
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Last week, it looked as though a tide might have turned. The Dow fell another 97 points on Friday. And the 10-year US Treasury note rose to yield less than 3%. What will happen next? We don’t know. But it wouldn’t be a bad thing if investors too...
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June 4, 2011 weekend update
It's time again for the weekend update of our "Real" Mega-Bears, an inflation-adjusted overlay of three secular bear markets. It aligns the current S&P 500 from the top of the Tech Bubble in March 2000, the Dow in of ...
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May 28, 2011 weekend update
It's time again for the weekend update of our "Real" Mega-Bears, an inflation-adjusted overlay of three secular bear markets. It aligns the current S&P 500 from the top of the Tech Bubble in March 2000, the Dow in of ...
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May 23, 2011 Analysis from Chris Kimble
Veteran technical analyst Chris Kimble, a student of Sir John Templeton, weighs in on the Dow this morning, and he includes a sixpack of major world index. More...
View the original article on dhsort.com
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May 21, 2011 weekend update
It's time again for the weekend update of our "Real" Mega-Bears, an inflation-adjusted overlay of three secular bear markets. It aligns the current S&P 500 from the top of the Tech Bubble in March 2000, the Dow in of 19...
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May 20, 2011
The S&P 500 closed the day down 0.77% and the week down 0.34%. The index is 97.1% above the March 9 2009 closing low but 14.8% below the nominal all-time high of October 2007. Here are two charts of the index — with and without th...
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May 19, 2011
The S&P 500 closed the day up 0.22%, trimming the month-to-date decline to 1.47%. The index is 98.6% above the March 9 2009 closing low but 14.2% below the nominal all-time high of October 2007. Here are two charts of the index — ...
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May 18, 2011 New Update
Here is the latest look at the "Sweet Sixteen" Dow recoveries adjusted for inflation/deflation I've been illustrating over the past year. The charts below compare the current Dow recovery since the March 2009 low with fifte...
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SPX, NYA, Dow Updates: Top in Sight; No New Bull Market on the Horizon Yet
[Two important notes to readers: 1) To bring up larger charts, right click the chart with your mouse and select "open in new" tab or window. The NYA chart is big. 2) This site now requires that you register a valid e-mail account t...
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