Silver as an investment

Category Archives: Technical Analysis

Trade War Sparks Stock Surge Amid Biggest Short Squeeze Since Trump’s Election

This…   Stocks continue to soar…but once again it was the overnight gap open –  Trannies were red on the day but Nasdaq record highs above 6,000; Dow over 21,000, Small Caps record high   Nasdaq broke above 6,000 to new record highs.. because fundamentals…   Despite further collapse (to 10-week lows) in 'soft' survey […]

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 […]

Shorts Smoked – Stocks End ‘High’ As Dollar Dumps’n’Pumps

Despite tumbling soft data and disappointing earnings data… Stocks soared most in 6 weeks…     Another day, another one-way trip in stocks. VIX clubbed to a 13 handle again stocks soar… Trannies and Small Caps once again led the day (short squeeze) and S&P lagged but everything was awesomely green again…   Another big […]

Europe breaking support, spill over into the states?

How stocks do in Europe, can have an important impact on stocks in the states. Today we look at the patterns in London and Germany, as recent price action could “spill over” into stocks in the states. FTSE 100 Index below- CLICK ON CHART TO ENLARGE FTSE 100 hit resistance line (2) of late and it […]

Big Blue Batters Dow To 2-Month Lows As Crude Crashes

No macro today but excuses galore for Goldman's weak quarter and why we should just ignore IBM… Fed's Rosnegren talked up the reduction of the balance sheet and that didn't help…   Optimism overnight quickly faded in US equities (even as the dollar kept rising)…S&P and Dow closed red   Led by crude…   And […]

9 Charts Showing Market Bears Are Waking Up

Just when you thought it was safe to stride safely through the forest of stock market investing (hey – banks, Trump, hope, reform, stimulus, earnings, and Trump again); the bears are coming out of hibernation… The calm in stocks worldwide is giving way to concern, as Bloomberg reports investors in Europe and the U.S. are […]

Bill Blain “Can’t Figure Out What Is Keeping Stocks So Buoyant?”

Authored by Mint Partners' Bill Blain, “For what shall it profit a man if he gain the whole world and suffer the loss of his soul?” As we roll into the long Easter weekend, markets look distracted by a whole bunch of contradictory bluster. We’ve got the tensions over Syria and Korea, the Turkey vote, […]

The Last Three Times This Happened, Stocks Dropped 5%-10% Shortly Thereafter

The S&P 500’s weekly MACD indicator has triggered a “sell signal.” For those of you who like technical analysis, this indicator is formed by two interweaving lines. The first line (usually black on the chart) is formed by subtracting the 26-week exponential moving average (EMA) from the 12-week EMA.   So if the 26-week EMA […]

WTF Chart Of The Day – European Investors Panic Hedging Ahead Of French Election

The explosion in open interest across European VIX (VStoxx) options is unprecedented. As the 4-way-tie in polls ahead of the French election looms, it appears everyone and their cat has piled into some kind of levered protection on the outcome…The number of VStoxx options outstanding has climbed to a record as investors increase hedging before […]

Crude Oil; Two Thirds odds of breakout, target $70

Crude Oil has created a series of lower highs and lower lows since the peak in 2008. Since the lows of 14-months ago, Crude has created a series of higher lows and potentially creating a bullish ascending triangle pattern. This pattern two-thirds of the time, leads to an upside breakout. Below looks at a chart Crude […]