Market Analysis

Market AnalysisThe category ‘Market Analysis’ is where we dig a little deeper and try to find out more about individual stocks or indexes. Is a stock or index undergoing an UP or a DOWN trend? What kind of possible supports or resistances are there and basically anything needed to better define an entry or exit from a stock.

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

clfutures

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

SLX

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

tan

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

crb

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 […]

Another big move up coming in mining shares

gold+daily+cycle+low

Now that the first leg off the bear market bottom has been completed the mining shares have been consolidating for the last three weeks in preparation for another leg up, and I expect the second leg will be almost as powerful as the first.   As gold is now late in its daily cycle I’m […]