S&P Sector Analysis: Rough Decade for Energy Stocks
Maybe I’m showing my age, but it does not seem like that long ago when politicians were bashing big oil and market speculators for...
Gold Rally Powers Higher: Price Targets into 2020
Gold Price Chart with Targets
Gold has achieved its initial target of $1512, which we highlighted in a December 12 buy alert to clients.
We believe this...
Are Gold Miners Ready to Rally Into the New Year?
GDX Gold Miners ETF Stock Chart
GDX, the ETF for the Gold Miners, has been gradually stabilizing.
The Gold Miners ETF (GDX) broke two key downtrend...
2020 Stocks and Commodities Market Insights: Year of the Rat
Although we are still a few weeks away from the Chinese New Year, it’s not too early to share some of my favorite Chinese...
Will Copper Price Breakout Reduce Odds of Recession?
Copper Futures "weekly" Price Chart
For a long time, copper prices have been a bellwether to follow for economic conditions.
And while there are several other...
Euro Currency Breakout? Gold Bulls Sure Hope So!
Euro Currency Breakout? - Here's the “weekly” Chart
The Euro has spent much of the past 2 years trading in a down-trend.
Though precious metals like...
U.S. Stock Market Resilient, As Price Trends Remain Bullish
The S&P 500 Index INDEXSP: .INX fell 0.11% today but continues to have a bullish intermediate posture.
The Russell 2000 Index INDEXRUSSELL: RUT managed to...
2020 Energy Sector Outlook: Value Trap or Opportunity?
Saudi oil company Aramco may be getting all the headlines but, for the third consecutive week, oil prices measured by the West Texas Intermediate...
Rising US Dollar Should Continue To Pressure Gold and Emerging Markets
The major US stock market indices pushed up and made new all-time highs Monday, with market breadth coming in better than what we've seen...
Crude Oil Reversal Higher Points To $62 Price Target
Crude Oil Futures Trading Chart
I am bullish crude oil for a trade here.
Oil prices held our MOB support line (see chart) and reversed higher.
The...
