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 “Trend Trading Gold, Silver, Oil & SP500”
It’s been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo. You cannot take your eyes off the screen if you have a large amount of money invested as you can quickly find yourself with a large profit or loss … Continue reading “The Gold & Silver Precious Metals Correction”
The stock market topped in April which was expected from analyzing stocks and the indexes. Back in April I posted a few reports explaining how to read the charts to spot market tops. Today’s report is about identifying market bottoms. It does not get much more exciting than what we have seen in the past … Continue reading “How to Trade Market Bottoms for SP500 & Gold”
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 “Mid-Week Gold, Oil, Dollar and SP500 Report”
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 charts and a video on Thursday night … Continue reading “Commodity & Index ETF Trading Strategy”
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 “Mid-Week Gold & Oil Report”
Trading can be a lot of fun and profitable or a nightmare and very costly. It really just comes down to understanding the key areas, which will make or break your trading. I have received a few emails asking me to explain more about how I stay disciplined, making sure my emotions don’t get the … Continue reading “How to be Disciplined Trading Gold with Cycles Analysis”
It’s been a relatively slow day in the market as Fridays usually are. I am most likely sounding like a broken record about gold and the indexes but I will show you again just to make sure that everyone’s on the same page for the upcoming correction….
This week has been playing out as expected with prices grinding their way higher and lots of sharp intraday sell offs and rallies which is indicative of a market getting toppy…
….Below are three charts (Dollar, Gold and Silver) showing what I think is most likely to happen in the coming week or two….