Does Panic Selling Pin The Market Bottom Again?
8:41am ET, May 21, 2010
Yesterday we started to see extreme panic selling in the broad market. This can be seen by looking at the up/down volume, advance/decline line for stocks and the speed at which the market was dropping. Only a few times…
Mid-Week Gold, Oil, Dollar and SP500 Report
May 19th 2010
It has been an interesting week in the market as stocks and commodities push to extreme support levels. Below I have posted some charts showing where the market is currently trading at and what I think is likely to unfold.
Gold…
How To Consistently Profit from the Financial Market
Trading Basics – A Must Read For ALL TRADERS
In order to keep trading as simple and profitable as possible, you must have the proper trading tools in place and understand how to use everything before you actually start trading with real money.…
The Gold Bull Market and the SP 500 Index
May 17th 2010
Back in the third week of April I predicted here on Kitco.com a topping in the broader market indices. The theory was the VIX levels were extremely and historically too low concomitant with extremely high historical readings in…
Gold, Silver & SP500 Trading Charts & Video
May 16, 2010
Last week was amazing for both gold and index traders as gold surged higher and the SP500 tested a key resistance then fell 4% in our favor. The past couple weeks with the mini market crash and Euro issues making the market extra…
Are Precious Metals and Indexes Going Parabolic?
It’s been an exciting couple weeks in the market with gold now making new all time highs as money floods into this shiny safe haven. It has everyone all worked up wanting to take part or they are riding the rally up already. But the big question…
Commodity & Index ETF Trading Strategy
May 9, 2010
As we all know, last weeks stock market blip/mini crash was very emotional for those of you watching or trading it live. A lot of money changed hands last week and you either lost a bundle or made a bundle…
I did send out some…
Stock Market Micro Intraday Crash Shows Us Where The Safe Havens Are
WOW…. Now that was an exciting day in the market!!
This day will be talked about for years to come and the individual who hit the wrong button (“B” for billion instead of “M” for million) to sell billions instead of millions will have…
The Moment of Truth Video for Gold, Silver, Oil & SP500
May 5th 2010
It has been an exciting couple weeks with the stock market slowly forming its top before breaking down this week. I have been warning everyone keep tightening your protective stops and to keep new positions small because once prices…
Another Batch of Trading Setups for the SP500 Are Here
May 2nd, 2010
The past few weeks I have been talking about the SP500 forming a top similar to the January top we saw earlier this year. Well the charts below show exactly what I have been waiting for to unfold and I think the time has come…