It was a slow start for some indices, but not surprisingly, the Russell 2000 saw the biggest of profit taking. The index lost just over 1% in a ‘bearish evening star’ candestick confirmation. However, supporting technicals are little changed. On
December 12, 2016
Gold: The commodity turned back higher after rejecting lower level prices on Monday. On the downside, support comes in at the 1,150.00 level where a break will turn attention to the 1,140.00 level. Further down, a cut through here will
The Dow Jones Industrial Average today climbed as investors showed optimism over the economy as we head into 2017. With the U.S. Federal Reserve’s final meeting of the year on tap for Tuesday, investors expect that a rate hike is certain. Let’s
SPX Monitoring purposes; Long SPX on 11/30/16 at 2198.81. Monitoring purposes GOLD: Covered on 11/9/19 at 24.59 = gain .07%: Short GDX 11/2/16 at 24.78. Long Term Trend monitor purposes: Short SPX on 1/13/16 at 1890.28. The second window down
With major financial stocks recording double-digit gains since Donald Trump’s election win in November, a pair of Wall Street analysts urged continued bullishness on the sector today, including a call by Oppenheimer to “let the bet ride” despite increasingly full
The Russell was down more than 1% for the first time since the Presidential election rally. However, where is the intensity to the selling and are there any sectors raising red flags? Let’s find out in tonight’s video report… Video
One of our key goals at Investing Haven is to educate investors. There is so much financial content available on the internet, and, most likely, in everyone’s mailbox, that readers ONLY find conflicting messages. That makes market forecasting extremely challenging. Moreover, a
Video Length: 00:02:33 [Editor’s note: The text version of this interview is below.] Alexandra Lienhard: I’m Alexandra Lienhard for ElliottWaveTV, and today I have Steve Craig joining me by phone. Steve is Elliott Wave International’s Chief Energy Analyst and
Highland Park, New Jersey – December 12, 2016 Upon being invited to attend and to present as a Featured Start-up at the IMPACT Capital Conference in Philadelphia, TalkMarkets CEO Boaz Berkowitz arrived with his team and immediately took the opportunity
Inflation can be understood as the destruction of a currency’s purchasing power. To combat this, investors, central banks and families have historically stored a portion of their wealth in gold. I call this the Fear Trade. The Fear Trade continues
