Oil

June 10, 2010 1. Energy.  A subscriber sent me a note a couple of days after the oil leak started.  Some engineers were saying the only way to close the gulf oil leak might be with a nuclear bomb. We wondered if that was extreme or not…. 2. Now major energy analyst Matt Simmons agrees, … Continue reading

Market volatility continues to shake things up making it profitable for traders who are quick to spotting key reversal points, manage risk and taking profits before it evaporates. On Tuesday we saw the market go up and down more than I have seen in a long time… It moved over 5% as it trended up … Continue reading

Last week looked and felt like a pivotal week for both stocks and commodities. The past two weeks have had investors and traders in a panic as they try to find safe investments for their money.  After watching and reviewing the panic selling in the market it looks as though the majority decided to sell … Continue reading

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 Futures – 4 Hour Candle Stick Chart The price of Gold is testing a … Continue reading

Source: Brian Sylvester and Karen Roche of The Gold Report 5/12/10 http://www.theaureport.com/pub/na/6269 “We’re heading toward government devaluing its currency to devaluate its debt in order to survive. That means you need to protect yourself. You can’t just have savings accounts paying no interest. You need to go and buy gold,” says Bud Conrad, chief economist … Continue reading

Mid-Week Gold & Oil Trading Report In my last report I showed some cycles for the price of gold and how they were starting to roll over which would in turn put some selling pressure on both gold and silver this week. Last Monday we saw gold and silver open higher but both were met … Continue reading

As of Friday February 19th, gold is positioned in a rare setup that normally only comes along once or twice every 15-20 months……

The HUI (Gold Stock Index) has been on fire the past 10 months. Both gold and gold stocks have been leading the market higher. But the past month we have seen gold stocks under perform the SP500 and as of today are testing a key support level. Only time will tell if it bounces or breaks, so keep a close eye on your positions.

A lot of investment focus for outlook 2010 is geared toward inflation based assets such as gold and oil. What a change from the turn of the last decade when the rage was totally based on paper assets such as stocks, bonds and yes folks, even the US Dollar. Indeed the age of the Dot.Com stocks was the zenith of the paper world.

The commodity futures charts and gold precious metal stocks have be trading with increased volatility as they bounce between support and resistance levels on the daily and hourly charts. This report is focused more on technical analysis and charts so that I can show you what I feel these commodities are lining up to do. … Continue reading

Nonfarm Payrolls This Friday Could Dampen Commodities Overall this week has not been that exciting. Volume is below average as the big money traders slowly get back into action and wait for Fridays economic data to come out. We have seen gold, silver and oil put in a nice rally this week but they are … Continue reading

Spot 60 Minute Trends for Gold, Oil, Nat Gas, and Indexes Welcome back everyone! It’s time to buckle up and get ready for another exciting year of trading. When the market is moving on light volume I tend to focus on very short term plays to minimize my exposure to volatility. The past couple of … Continue reading