Silver as an investment

Category Archives: Fibonacci

Great Voids Have A Way Of Filling

Authored by Sven Henrich via NorthmanTrader.com, I feel compelled to keep documenting reality to raise awareness of the ever larger market dangers which keep lurking underneath the current bubble. Indeed I keep seeing a great void not only in awareness but also in price discovery that have propelled markets to current levels leaving investors and […]

Amzon- Largest bearish reversal in 20 years takes place, says Joe Friday

Just the Facts….Amazon has done well for years and years and the trend remains up. This past month something took place in AMZN that has not happened in the past 20-years, see chart below- CLICK ON CHART TO ENLARGE The Power of the Pattern applied Fibonacci to the lows in 2001 and highs in 2013 at […]

Tom Lee: “Bitcoin Will Be The Best Performing Asset Through Year End”

Fundstrat Global Advisors analyst and former permabull – who recently became into one of Wall Street's biggest bears – Tom Lee, is a fan of bitcoin. The strategist, who recently turned "cautious on stocks", explained his bullish view on the digital currency during an appearance Wednesday on CNBC’s “Fast Money,” claiming that a single coin […]

Bitcoin (BTC/USD) Surges to All-Time High, Resuming Uptrend

Bitcoin (BTC/USD) Weekly/Daily Bitcoin (BTC/USD) surged higher Saturday, smashing above bull flag resistance (on the weekly and daily chart), and resuming a long term uptrend.  The weekly MACD appeared several weeks ago to be making a negative crossover, but as sometimes occurs, produced a false signal with the MACD line turning higher again after seemingly […]

How Big Could A Correction Be?

Authored by Lance Roberts via RealInvestmentAdvice.com, “There is nothing wrong with America that the faith, love of freedom, intelligence, and energy of her citizens cannot cure.” – Dwight D. Eisenhower   “If we just stick together, and remain true to our ideals, we can be sure that America’s greatest days lie ahead.” – Ronald Reagan […]

Bob Prechter Warns Market Correction “Larger Than The Malaise Of The ’30s” Looms

Authored by Avi Gilburt via MarketWatch.com, I recently interviewed Prechter, who released a ground-breaking book, “The Socionomic Theory of Finance,” at the end of December. In the 813-page book, which took 13 years to write, he proposes a cohesive model that takes into account trends in sociology, psychology, politics, economics and finance. I highly recommend […]

Will Bond Bulls Finally Get Their Bounce?

Via Dana Lyons' Tumblr, A popular bond fund is hitting a key price level that may finally produce a long-awaited bounce. We talk often of the inexorable Trump Rally in stocks since the presidential election. That good fortune hasn’t befallen all other asset classes, however. For instance, the post-election reaction in the bond market has been […]

Welcome To The “Melt-Up”

Submitted by Lance Roberts via RealInvestmentAdvice.com, In this past weekend’s newsletter, I discussed the potential for a breakout by the markets to “all time” highs during a holiday shortened, and light trading, week. On Monday, not to be disappointed, that expectation was met. “The good news, as shown in the next chart, is the market […]

Global Equity Rally Facing Next Big Hurdle

Via Dana Lyons' Tumblr, A key index of global equities is hitting a significant confluence of chart resistance. Back in early April, the global equity rally began to look a bit tired after 2 months of rallying. This was especially the case in the major U.S. averages and defensive sectors that had been bearing the […]

As Oil Crashes Under $40, How Much Further Can It Drop

Well that escalated quickly. Having toyed with the $39-handle yesterday, this morning’s plunge has erased those stops:   … and WTI is set to test the early April lows on the way back to 2016 lows…   What is next for oil now that key support is broken?: some thoughts from BofA’s chief technician, Paul […]