by Matthew Levy, CFA This market continues trudging forward and weighing good news with bad. After stocks closed last week with their first weekly declines in nearly a month, stocks staged
We’re testing a MAJOR trend line on the Dow going all the way back to the last pullback in 1932. Careful here… pic.twitter.com/RU1KQN3OVj — MasterTrader (@Logan_JH1) December 28, 2020 Look
My non-committal quote of the day,“Short term maybe bearish. Long term probably bullish" Are stocks going through a re-rating? pic.twitter.com/NKAA2MbLby — David Ingles (@DavidInglesTV) December 10, 2020
Kitco News, Released on 11/13/20 Peter Hug, global trading director of Kitco Metals, remains constructive on gold and silver long-term, and should the economy improve next year, silver could trade
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold has more room to run, why
From Birch Gold Group In the past few days, the price of gold has had a setback, dropping from its fresh all-time highs to back below $2,000. After a meteoric rise over
S&P 500 – pullback coming??? After the 1929 down move, the markets rallied back to the 61.8% reversal fib before declining once again 50% 297.87 minus 218.26 = 79.61. 298
by The Phoenix The rally is now in serious trouble. Stocks staged a sharp bounce after the early to mid -arch meltdown. However, they’re running into trouble at the 50% retracement
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: TD Securities sees gold reaching $1,650 in
by Dana Lyons Are optimistic expectations setting investors up for disappointment…again? Markets like to “climb a wall of worry” as they say. Of course, the rationale is that an abundance
by Kimble Charting Stock Market Indexes Topping? Well, that was fast. The stock market pullback has been sharp and likely is not over yet. Last week, I shared the same chart,
by Troy The stock market’s rally continues, without a single meaningful pullback. As the S&P approaches its 2800 resistance, many technical traders are looking to start going short here. Go
by Troy By now everyone is aware that these “crash & rally” patterns are usually followed by a pullback or retest. Most of these pullbacks/retests occur once the S&P has reached
by Troy With the S&P rallying 4 days in a row, it is now at its 38.2-50% resistance zone and February 2018 lows resistance. Can the stock market go straight
by Troy The S&P 500 has made a 61.8% retracement and is now stalling. This is completely normal. Most 10%+ corrections have a 61.8% retracement and then a pullback or retest
by Troy The S&P 500 has reached its 61.8% retracement and is now facing short term resistance (as expected). Let’s determine the stock market’s most probable direction by objectively quantifying