Stocks

Greg Weldon comments on recent market developments….

As human beings we try to intellectualize and get to the bottom of things.  We seek to find meaning in everything.  There must be a reason for what is happening at any given time. Take for example the Dow’s stellar performance and gold’s lousy performance even as monetary policy has gone reckless on a global scale.  This … Continue reading

Recently, the gold (GDX) and silver (SIL) miners have been outperforming the S&P 500, indicating that we may be seeing the rotation from overvalued equities into the undervalued miners.

Market professionals and experienced investors consider it to be common knowledge that silver has more real-world uses than its precious metal sister gold. Silver is used in coins, photography, batteries, bearings, electronics, and mirrors. Silver also aids in numerous medical applications and even contributes to helping capture and use solar energy. The Silver Institute describes … Continue reading

What should you believe about gold? It’s going up. Yes, we know…it might go down….

Gold or stocks?….

Stocks: I expect, barring some kind a catastrophe, next week should be another good week for the market. The recent minor pullback has worked off the short term overbought conditions and in the process formed a small bull flag. As long as we continue to get these minor corrective moves it will serve to keep … Continue reading

Last week we saw stocks move sharply higher as traders started to cover their short position which added fuel to an already oversold market ready to bounce. Overall volume was not that strong on the move up which is a bearish sign. On Friday afternoon we saw the SP500 continue to move into the $1075 … Continue reading

We are dealing with a very volatile market; it’s hard to trade with conviction either on the long or short side. That being said, I am leaning bullish. This is the type of “emotional” market….

U.S. Dollar bulls have been correct as long as the scoreboard they use to claim victory is the stock market. T-Bills have indeed outperformed the stock market over the past decade. However, U.S. Dollar bulls have ignored a better asset class in their flight to safety – Gold. It takes 4-5 times as many T-Bills … Continue reading