The market drifted aimlessly Monday as traders got a jump on standing around. That’s usually what they do for about ½ a day while they…
I’ve been quiet lately, just observing how things are going. Time for me to break my silence.
The Fed added cut $750 million from the liquidity pool on Monday with $5.25 billion in overnight repos against expirations of $6 billion. $18 billion…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
Latest cycle conditions and projections for the US Dollar Index and 10 Year Treasury Yield. Click links to download report in pdf format. (WSE Pro…
Now I am going to go into more detail about the various indicators and signals found on the FCS chart. Below is the current chart with some helpful labels.
CLICK TO ENLARGE
The most critical are the vertical GREEN and RED lines. Only these are the actual BUY(GREEN) and SELL/CASH (RED) signals. The last vertical line is green, so we […]
The SPX edged down to a key trendline on Friday and held—for the time being. A break of that trendline would probably signal the beginning…
In the financial press, I often hear comments about the gold and oil markets that make the following assertions. The first is that oil prices have a direct and immediate influence on the price of gold. The second is that oil prices have a negative influence on gold mining shares. I have prepared charts to investigate if these relationships are indeed present.
The first is a two-tiered chart of […]
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
Wednesday’s Hail to the Chief rally had me scratching my head—and a few other places. I now know why; a bid case of GID—Government Interference…
