Stocks are weak, but the Money Printing Pump seemingly prevents run-away sell offs.
Entries Tagged as 'Gold'
December 5th, 2013 · No Comments
December 3rd, 2013 · No Comments
Recent experience tells us as long as the Money Pump is in operation, the downside is limited. click chart to enlarge The repeated alignment of Money Pump surges with renewed S&P rallies argues for a cause-and-effect relationship, not merely an observed correlation, between FED printing and this S&P bull market. click chart to enlarge
December 1st, 2013 · No Comments
A number of daily charts are bullish here. However, the weekly charts are equally bearish. In sum, rallies into resistance should fail and downsides resume in those markets. The details are in our video update for subscribers.
November 19th, 2013 · No Comments
The rally is on pause for now.
November 17th, 2013 · No Comments
Here’s my video update on the markets heading into the new week.
November 12th, 2013 · No Comments
The VIX bands have shrunk quickly – and may signal soon.
November 10th, 2013 · No Comments
Crude oil is approaching a seasonal low here. Gold, however, shows further seasonal weakness. click chart to enlarge
November 7th, 2013 · No Comments
A dramatic and technically relevant reversal today should see prices decline for a while. But will it break the back of the Money Printing Pump? click chart to enlarge The breadth barely below zero. It can fall far before reaching an oversold reading from here.