The last two months have been difficult for precious metal investors, and many have turned bearish. Prices have swung wildly in both directions whipsawing even experienced traders into submission. The charts have been difficult to decipher since October, to put
December 10, 2016
Kind of an embarrassing week really with new all-time highs being seen in some markets and stocks, but I took a hit. I was more focused on the pharma and biotech stocks and they were hit hard but did come
Outlook: Bearish Japanese Yen remains quite likely to fall even further as yields remain low Watch these critical resistance levels on the USD/JPY The Japanese Yen tumbled for the fifth-consecutive week versus the US Dollar and now stands at its worst losing streak
Our gold price forecast for 2017 appeared to be spot-on. Slightly after the Brexit, when the whole world was overly bullish on gold, we came out with our call that gold could have peaked. There was no voodoo or any technical
I evaluated 42 different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. I also put each company through the ModernGraham valuation model based
Billionaire hedge fund managers such as Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors,
This past week, the market advanced 3% heading towards my target of 2400. The Dow broke above 19700 and is within striking distance of the “psychological” summit of 20,000. With just 250 points to go, it is extremely likely traders will try and push
Here are my forecasts for upcoming economic data. Forecast Prior Observation Consensus Week of December 12 December 12 Treasury Budget – November -$125.0B -44.2 -135.0
This past week there was a trio of economic reports this past week: International trade, Factory Orders, and Wholesale Trade. I did not think any of them would change model GDP estimates because there were advance reports to which the
VIX declined this week, but failed to go beneath its Wave (3) low at 11.02. Should it reverse from this week’s low, it may qualify as a truncated wave. The implications are enormous, since it implies that the declining
