After 11 years of roller coaster rides in the stock market which have only intensified in recent months investors are happy to use their money for Christmas shopping and debt reduction instead of investing. If you look at what people are typing into Google last month you will see that 12,100 people looked for How [...]
Gold (GLD) has been the star performer this year in the precious metals arena as it’s up about 27% on the year and appears poised to move higher. the silver etf (SLV) was briefly the star last spring before flaming out after reaching the 1980 high of roughly $50. Gold had a similar parabolic run [...]
There are few markets that can be more psychotic than the precious metals as they can turn on a dime and crush the unsuspecting. After making a double top in the $1920 area just a couple weeks ago Gold hit $1535 over night and came close to reaching the 200 day moving average which is [...]
Looking at a chart of the recent price action in Gold and the Gold ETF (GLD) you can see many striking similarities with the April top in silver futures prices. First of all, if you take a look at the two charts below you will see that chart patterns are almost identical. Gold Chart Showing [...]
With the stock market under pressure and the S&P 500 ETF near it’s lows for the year it seems like a good time to take a look at the various sectors of the market in a search for value. The energy sector has been absolutely pummeled the past couple weeks so having been stopped out [...]
