Elliott Wave Forecast: Bull Market Nearing Interim Peak on SP500


Elliott Wave Forecast: Back on September 12th  with the […]

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Gold: brief pause, or final bottom?


Something may have changed today in the gold market. For one I think gold probably formed a minor daily cycle bottom today. But what I’m really talking about is the complete recovery from another middle of the night attack. For most of the last year these late night attacks have worked wonders for sending gold […]

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Forex Course for Beginner Traders

Lesson 1: Introduction to The Forex Market Section I: Forex – introduction Section II: The Forex Market Section III: Benefits of Trading Forex Section IV: Main Forex Participants Forex lesson 1: Summary Report Lesson 2: Currency Trading Basic Concepts Section I: Currency Trading Basic Concepts – Introduction Section II: Forex – The Very Basics Section […]

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Bonds-the fourth quarter trade of 2014

If you have been paying close attention to the stock market, market internals/breadth, and bonds for the past three months, you’ve likely come to the same conclusion that I have. The US stock market is showing signs of severe weakness with the market breadth and leading indicators pointing to a sharp correction for stock prices. […]

WTI Crude Oil on the Move $112 Next Stop


The energy sector has surged during the last two months which can be seen by looking at the XLE Energy Select Sector Fund. If crude oil continues to climb to the $112 level, XLE will likely continue to rally for another few days or possibly week as energy stocks are considered a leveraged way to […]

Commodities Are Building Bases and About To Rally – Steel Market


Commodities in general have been under pressure for the last couple years. This can be seen by looking at the GCC Greenhaven Continuous Commodity ETF which holds a basket of resources. The weekly chart has formed a bullish bottom pattern, and as of last January it looks as though it’s now building a basing pattern. […]

Solar Energy Sector ETF Breaking Out – How to Trade It


During the past couple months several indexes, sectors and commodities have sold off more than 10 – 20%. But now some are looking like new buying opportunities. Over the next week I will bring a few of these trades to your attention as they start to unfold. Today we are looking at the TAN solar […]

Next week in the gold market


Trying to predict short term direction is notoriously difficult, especially in the volatile metals market, but I’m going to take a stab at it today.  First off let me start with the big picture: For almost a year now I’ve been saying that the inflation that’s been stored in the stock market for the last […]