The Dollar, Gold and SP500 Trend Analysis
The dollar is and has been in a strong down trend for many years and I feel as though it’s getting close to another major land slide. It could take place any time in the next month or so according to my weekly chart analysis.
The general…
Precious Metals and Crude Oil Shows Signs of Strength
The past couple months (May and June) have been tough on precious metals and crude oil. But recent price action shows that buyers are stepping back into the market buying up these commodities once again.
Let’s take a quick look at the charts…
Gold…
Dollar Could Send Stocks and Commodities Higher
It’s been an exciting couple months as stocks and commodities have moved like they are a roller coaster at a theme park. We all know every good roller coaster has a few monster hills which make their clients scream in fear/excitement that’s…
Gold and Oil Showing Signs of Strength and Higher Prices
This has been an interesting year for both gold and oil. There has been wild price swings due to extreme political, economic and weather events round the globe making these commodities a little more difficult to trade than normal. That being…
Stock Market Flashes A Buy Signal Part II
I hope you fellow Canadians had a great Canada Day long weekend and Happy Independence Day to those south of the boarder!
A couple weeks back on June 19th I posted my analysis on how the stock market was bottoming and that we needed a couple…
Possible Bottom as Key Sectors Breaking Out
The past month we have seen stocks pick up momentum to the down side after an already very weak month prior (May - Sell in May and go away). This second wave of high volume selling in June was enough to spook the masses out of the market shifting…