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 ‘ Rear View Mirror ’
Market Opening Groundhog Day
S&P cash surged on the open following yesterday’s mid afternoon 2 day cycle buy signal. The 5 day cycle indicator has been on the buy side since the middle of the day Monday.The last 2 day cycle projection yesterday of 1316 is now in the rear view mirror. The new projection of 1322 is...
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Weak Employment Growth Should Not Have Surprised
The market was disappointed with Friday’s employment data. But actual total employment, as opposed to the widely reported seasonally adjusted numbers, was nowhere near the catastrophe that the market’s reaction made it seem. The problem was that economists’ expectations were misguided, partly as a result of their focus on seasonally adjusted fictitious data which...
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Peak oil is in the rear view mirror…
according to an IEA report that seems to confess to the reality...
Link
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Peak oil is in the rear view mirror…
according to an IEA report that seems to confess to the reality...
Link
Read More »
Peak oil is in the rear view mirror…
according to an IEA report that seems to confess to the reality...
Link
Read More »
Dancing the Con Con
Over the years I have frequently pointed out what a stupid indicator the Conference Board’s Consumer Confidence indicator is, at least when it comes to the stock market. It’s like a dog chasing its tail. The Con Con, you see, follows the market. Then, each and every month for a half hour or so...
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SPX and NDX Updates: Last Call for Bears!
Sometime over the next week or so, you may remember this article and decide that I'm crazy (assuming you haven't already). The market's job over the near future is to convince you that the rally will go on forever, so you may start to t...
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