Intermarket Chart Attack: Not Done (Part 2)
This is an Intermarket Analysis chart review that I provided to my fishing club members Wednesday to prepare for the stock market downdraft I expect to continue.
These...
Gold Trading Spotlight: Watch That Up-Trend Line!
Gold is pulling back on Friday as investors in the shiny metals take profits.
It's notable that today's weakness comes near prior highs and as...
Are Commodity Bulls On The Brink Of A Major Breakout?
From 2011 to late 2015, the Thomson Reuters Equal Weighted Commodity Index lost nearly half its value as the Gold, Grains, and Energy industries...
Gold Trading Update: Overbought But Indicators Bullish
In our recent article, we looked at the strong seasonal tendency of Gold (GLD) to outperform during the month of January.
The Gold ETF (GLD)...
Gold/Dollar Ratio Testing 800 Pound Resistance Here!
It's been a while since gold bulls were able to celebrate something more than a swing trade.
Will 2018 bring gold bulls the breakout they've...
Silver To Gold Ratio At Important Juncture For Bulls
When the precious metals sector is ready to outperform, it often receives an early signal from silver prices.
When Silver outperforms, it tends to bode...
Precious Metals Update: Gold Bulls Patiently Waiting
The iShares Gold Trust (GLD) rallied into year-end and is now in a consolidation. Gold bulls (especially near-term) are patiently waiting for its next...
Macro To Micro Trading Update: Market Themes & Insights
Note that this post went out to my “Gone Fishing” newsletter subscribers this weekend. You can subscribe here.
Reflections and Inflections
The Bloomberg Commodity Index started the...
Can Gold Bulls Capitalize On U.S. Dollar Weakness?
The U.S. Dollar plays a big role in commodities prices. It's always a "must-watch" for commodity traders.
Typically, a falling Dollar bodes well for commodities...
S&P 500 Trading Outlook: Equities Rally Extended
S&P 500 Trading Outlook (2-3 Days): BULLISH
Yesterday's recovery of last week's decline suggests an upcoming push back to new highs is likely for equities. This...
