While I remain cautious on stocks and the risk trade, the technical picture shows that the uptrend to be intact and the bulls should still be given the benefit of the doubt for now. At this point, any call for a correction is at best conjecture [as evidenced by the following 4 indicators]. Words: 399; Charts: 4
Read More »Stocks Should Have a Record-Breaking Year According to These 7 Bullish Fundamentals
"A sluggish economy, political gridlock, tepid earnings, the European debt crisis, high gasoline prices..." I can't really argue with Barron's depiction of the current market environment yet, against all these seemingly negative conditions, the stock market keeps surging higher. Can it possibly continue, though?
Read More »Gold Miners Have Hit Rock Bottom! Now’s the Ultimate Buying Opportunity (+2K Views)
Looking at the recent Gold Miners price action and crash-like conditions, I cannot hide my excitement. As we judge the recent cyclical bear market within the longer term secular uptrend, we can see that Gold Miners are becoming very attractive. Whether it is the technically oversold levels that only occur a handful of times over a generation, the rock bottom valuations on nominal or relative basis, or the extreme sentiment that the overall sector is going through, all of these indicators point to one conclusion: we are fast approaching a major buying opportunity. [I support that contention below with the use of 8 charts and a full explanation of each.] Words: 1133; Charts: 8
Read More »Gold Might Spike to $2,600 in June and $4,866 in January 2015
If similarities between the 5 major spikes in the price of gold since 2001 were applied to the 5th price spike (August, 2011) going forward it would not be unreasonable to expect a spike to $2,600 in June or July of this year and another spike - to somewhere between $4,700 and $5,050 - in January/February of 2015.
Read More »Market Signals, Commodity Trends, Economic Indicators & Related News (+3K Views)
This infographic highlight changes in economic indicators, reports relevant news stories, reveals commodity and financial trends, provides technical analysis and looks at the recent price of gold and real interest rates with relevant charts.
Read More »Mining Costs Depend on Better Comminution – the Process of Grinding & Crushing Ore – Here’s Why (+3K Views)
On average the most energy intensive process in mining operations is comminution and with rising energy prices and decreasing ore grades, this is an area that smart producers are focusing on. Benefits of improving comminution efficiency include higher potential earnings, better overall environmental impact, and increased outputs as the very enlightening infographic below illustrates.
Read More »2000 & 2007 All Over Again? Yes & Here’s Why
It’s that time again. The Dow surpassed its all-time high and the S&P 500 is not that far from the tops of 1553 on March 24, 2000 and 1576 on October 9, 2007. Just as in 2000 and 2007, the economic, valuation and political background does not support the budding euphoria. [Let us explain precisely why that is the case.] Words: 680
Read More »Research Says Stock Market Bull Should Continue Its Run Until… (+2K Views)
The mainstream financial press would like us to believe that because the S&P 500 and Dow 30 are at or near their record highs that it must mean we're nearing the end of the current bull market and, as such, now must be a terrible time to buy stocks. Let's not jump to any conclusions, though. Instead, let's do our own due diligence to find out. Hint: If you've been stuffing cash under the mattress since the last market crash, you might want to finally go deposit it in your brokerage account. Here's why... Words: 420
Read More »2013 vs. 2007: An infographic on the Dow Then & Now
I believe Americans feel that investing in the stock market today is counterintuitive because of unemployment statistics, dysfunction in Washington and ongoing negative news about the U.S. economy....Take a visual look at what investors may be feeling in our new infographic...and you can see some of the reasons investors have thrown in the towel.
Read More »I’m “making the call” for a market correction of 50% – or more!! (+3K Views)
I don't relish the job of constantly pointing out the risks to the equity markets but since few on Wall Street seem willing (or able) to do this, I'm "making the call" for a market correction, as enough variables have aligned to indicate a high likelihood of stocks heading downwards from here. Words: 1203; Charts: 6
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