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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Radio Free Wall Street
Posts Tagged ‘ Rallies ’
Another Reason for Stocks to Tank in 2012: Jobs
Though nobody seems to notice, stock prices are correlated to employment, which is trending down.The Federal Reserve would have you believe that Monday morning ramp-and-camp and rumor-mill rallies in the last five minutes of trading are signs of a heal...
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Bulls frozen with fear
Rallies don't seem to stick.
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Occupy the Strip!
LAS VEGAS—On Wednesday, Jerry Mann watched the house next to his get sold at a foreclosure auction. On Thursday, he was a proud participant in Occupy Las Vegas.
“It’s a shame about that house,” says Mann, a former small-town mayor fro...
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SPX and NDX Update: 10-7-11; A little more room to run?
(For those new to Elliott Wave, please read The Big Picture: SPX Long Term Count and Projections.)There is an interesting scenario developing between the Nasdaq 100 (NDX) and the S&P 500 (SPX). The NDX appears to have completed its 1...
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Kind Of Bearish
The following is the summary lead-in to this week’s Wall Street Examiner Professional Edition Treasury Update. The subscriber link to the full report is below. A massive wave of panic buying has sent Treasury yields plunging to record lows. Data shows foreign central banks were net sellers in recent weeks, continuing a trend of...
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Big Hoo Ha in Big Names, Big So What
A couple of big names had huge rallies on Friday. That pushed the averages up, but the underlying technical picture did not improve significantly. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information...
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This is one of the strangest rallies I’ve ever seen.
Although the market's really gone nowhere for some time.
We're back to the 1320-1350 range on the S&P again.
Stock Charts Graphic Link
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Huge Cloud Hangs Over Treasury Market
When there’s no Treasury supply and the Treasury actually puts cash back in the players’ pockets by paying down debt, adding that to the Fed’s money pumping into dealer trading accounts, you have the conditions for rallies. Since the schedules for both the Treasury supply and the Fed POMO are known in advance, it...
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News Driven Market Still Follows The Script
Once Tuesday’s big Treasury settlement was out of the way, the market had clear sailing, with another paydown of T-bills at Thursday’s settlement adding to the Fed’s POMO to fuel rallies in both stocks and bonds late in the week. Sure, this market is news driven, but it followed the pattern we had expected...
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The Worst Possible Investing Mistake
From The Daily Reckoning...
There are many mistakes people make that ensure they won’t get rich investing. In 2011, I think one in particular mistake will hurt more than others. I can sum it up by citing the phrase, “Generals fighting the last ...
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Fed’s Illusion of Prosperity Bound to Vanish
Investors should realize how irrational this all is. The United States is in a radical money-easing environment, in which the Fed is keeping interest rates artificially low while pumping money into the economy. This type of policy breeds speculative...
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Warning: Latest AAII Sentiment Reading is Out Of This World!
Extreme bullish sentiment does not bode well for the markets. Check out this piece from the SeekingAlpha website...
This week's AAII sentiment survey is out, and the bullish sentiment is out of this world: 63% bullish and only 16% bearish, for a bull...
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Schaeffers Monday Morning Outlook
http://www.schaeffersresearch.com/commentary/content/monday+morning+outlook+market+stuck+in+neutral%
3b+djia+slips+below+11100/observations.aspx?ID=103703#103703
one byte-
What the Trading Desk Is Expecting: Trading Range Reminiscent of Late 2009
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Percipient palpitations
Snapback rallies for the early openers: Kiwis +1.3%, Aussies +1.5%, Nikkers +1.3% and Sth Korea +0.9%.
In the Aussie market: Gold, naturally enough, is heading the greens, +2.7% and the sole red is Healthcare -0.4%.
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Radio Free Wall Street 7/20/10
Russ Winter and Lee Adler discuss the the stupidity of the assumptions underlying the rallies in stocks and bonds and suggest a strategy and tactics to take advantage.
Listen to a free release of the May 3 podcast.
Subscribers, click player below ...
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Crazy Not To Feel Crazy- Professional Edition
The market continues to frustrate bears and make bulls supremely confident. That’s often a recipe for a negative surprise. At this point there’s little sign of one. Of course if there was, it wouldn’t be a surprise. For sure, many charts are on the razor’s edge. So nothing would be a surprise. Confused? Welcome...
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Actionable Flows: Deer in Headlights
You may have to squint a little to view this chart, but it shows equity mutual fund flows. It is evident that fund holders liquidated in mass at the market bottoms. Like almost all great rallies this one came on like gangbusters and the easy gains were made early before the public got onboard....
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Actionable Weak Economy and Bad Signals
More evidence that the economy failed to register the bounce even I was looking for came from April auto sales, a mere 9.32 million annualized. That’s not even a dead cat bounce, and just doesn’t cut it. And this is with a still benign inflation environment. Sectors like restaurants have had huge rallies, and...
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Actionable Wonder Rallies
I am never quite sure what to make of ferocious one day wonder rallies, except to take them. I much prefer sneaky rallies like the one that developed in December to early January. Obviously, the market became severely oversold and compressed, so this rally should not be any surprise. However, we have seen the...
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The Ghost of Rallies Past- Professional Edition
The 6 month cycle up phase is having trouble getting off the ground. It apparently has used up the power of its initial thrust in just maintaining a trading range. That bodes ill for the future. The market averages ran right up to the 3 month downtrend line and gave up the ghost right...
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Bear Market debated on CNBC
The HUI FCS has been on a buy signal since early May and I am holding a GDX/GLD split long position. This has been a trade that really tested patience with the system as minor rallies fizzled and most of the time the trade was flat. Finally it looks as...
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SPX and Dow Update: Critical Week for the Short Term?
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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