Tag: The Gold and Oil GuySort
Over the weekend I had an interesting conversation with a local trader. We typically meet a few times a year to share our market outlooks, new trading tools and techniques, and usually finish our session off in a debate about the US market manipulation and how to trade around it.
A quick glance at most of the headlines over the weekend and the primary focus seemed to be either calling a near term top in domestic equity indices or a focus on the Greek debt situation. Why is anyone even paying attention to what is going on over there? Until the ISDA declares a default where the underlying Credit Default Swaps (CDS) are triggered, it is all just noise.
The Currency War Big Picture Analysis for Gold, Silver & Stocks
I think you will admit that we are in the middle of one major crazy financial mess. The part that makes things really crazy is that it’s not just in the United States anymore but rather serious global problem which if not handled properly could change the way we live our lives going forward or possibly even spark some type of war, hopefully things don’t get that crazy......
How Gold & Stocks are About to Repeat the 2010 Bottom
In May of 2010, immediately following the flash crash many investors started to become bearish (nervous) regarding their position in gold and equities. Once the general public became aware that the stock market could fall 10% in a matter of minutes, investors became very cautious. Suddenly protecting their capital and current positions was at the forefront of their investment process.
Gold, DAX and Dollar Still Pointing to Sharply Lower Prices
The past month has been a wild ride for both equity and commodity traders around the globe. Novice traders have had their heads handed to them and their investment accounts drained. When fear, uncertainty and volatility are running high, some of the best opportunities become available to those who know what to look for.
Last weeks crude oil spike created some exciting trading and so far 2011 has been interesting to say the least. Stocks and commodities have been jumping around with high volatility generating mixed trading signals. This choppy price action typically indicates trends are in their late stages.
Has the Yen and Dollar Projection Changed.....What Does the Yen and Dollar Rally Have in Store For Us?
Apple and Goldman Crash, But is the High Still Coming?
On Wednesday the equities market poured out a sea of red candles. Leaving most traders and investors feeling that most all of their recent gains had disappeared in one short session. And we have warned repeatedly that strong selling volume sessions like this is typically an early warning that distribution selling is starting to enter the market.
Is The Gold Run Over.....Here's How we are Going to Play Gold This Week?
The markets and gold in particular have kept traders on their toes this week. Gold is looking to find support levels while the SP500 continues to push its way higher. Let’s take a look at the charts and our current analysis to get better feel for what is happening with gold and the SP500.
Gold 4 Hour Chart