Going forward, if gold can break $1,478, the next level of interest is the closing price of $1,501 from April 12. If you are looking to get long gold, it would probably be best to wait until the commodity can get back above at least one of these levels before making a commitment.
Read More »Gold: Wait for Signs of Stabilization Before Buying In – Here’s Why
We are seeing signs of a bottom...in gold...but... prudence calls for waiting for some signs of stabilization before getting long. I would rather miss the first 10-20% move than lose another 50% should I get long prematurely. [Let me show you some charts that illustrate my caution.] Words: 288; Charts: 6
Read More »May Day! May Day! Should You “Sell in May and Go Away”? (+2K Views)
Many articles have been posted today, May 1st, regarding the investing adage "sell in May and go away". Below are links to 10 such articles on the subject to help you decide what course of action you should take.
Read More »Level of Investor Margin Suggest Its Time to Lower Stock Exposure (+2K Views)
Some times in history, investors feel so confident about the future of stocks, they actually use up all their available cash and then borrow money to invest in the stock market. Now is one of those times - and it suggests that now is the time to lower one's stock exposure. Here's why.
Read More »Investors Beware: Armageddon Lies Ahead for Municipal Bond Holders!
The Securities and Exchange Commission is worried that municipal bankruptcies, combined with an expected spike in interest rates, means that the muni bond market could face "Armageddon" with devastating consequences for the individual investors (74% of the total) who hold the paper of which many are retirees. Words: 490
Read More »The Myth of the Rising U. S. Dollar (+2K Views)
Year-to-date, the dollar index, a trade weighted index comparing the U.S. dollar to a basket of six major currencies (Euro @ 57.6% weight, Japanese yen 13.6%, Pound sterling 11.9%, Canadian dollar 9.1%, Swedish krona 4.2% and Swiss franc 3.6%) is up 2.95% as of April 29, 2013 - but the U.S. Dollar Index is not the U.S. Dollar. To ascertain what may happen to the U.S. dollar, let’s look at the greenback from a couple of different angles
Read More »An Infographic of Market Signals, Commodity Trends, Economic Indicators & Technical Analyses (May Edition)
This month’s market intelligence infographic looks at the recent price of gold and relevant charts including real interest rates and technical analysis. We also look at changes in economic indicators, copper prices and financial trends.
Read More »What Could Dropping Consumer Debt Mean for the S&P 500?
In the third quarter 2007 the American consumer was way out of shape when it came to the percentage of debt payments to disposable income, hitting a 30-year high at 14%... Today the ratio is nearing 30-year lows! Could this be good news for the markets???
Read More »S&P 500 “Beat Rate” Reports Suggest Bull Market May Be In Trouble
The latest earnings season stats coming from corporate America hardly inspire confidence and if they don’t improve, this bull market is in serious trouble. [That being said,] it’s still early and it’s not uncommon for the "beat rates" to improve as the earnings season unfolds. Nevertheless, the current readings are definitely a cause for concern.
Read More »Financial & Systemic Disaster Coming for Central & Bullion Banks – Here’s Why
The recent slide in the gold price has generated substantial demand for bullion that will likely bring forward a financial and systemic disaster for both central and bullion banks that has been brewing for a long time. Here's why. Words: 2130
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