I have a feeling that we will look back on today and say this was a fairly important reversal day, maybe not only in risk assets, but possibly in investor sentiment towards the effectiveness of Central …
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Precious metals are getting walloped again today, continuing a vicious downtrend that has been in place since July. That also happens to be when the U.S. dollar started on its very strong run, which has …
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Gold is the latest commodity to break multiyear support, tough the precious metal has essentially held right at its 3 year low so far today: While GLD has made a minor new low, front month …
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The precious metals complex has been in a steady downtrend ever since early July. Besides the generally weak price action, what has been most concerning to me from a technical standpoint is the relative weakness …
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Goldcorp has been a favorite stock of ours since late 2013, and we have used it as our vehicle for investing in precious metals miners in that period. I laid out my thoughts on our …
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Yesterday was one of the lowest volume days of the year in the overall market. Second straight untilled gap up, and the S&P 500 index closed right at its 200 day moving average. 1. OXY …
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We own GG in the investment portfolio from an entry at $25.50 in late March. GG was a stock we first got interested in late last year after it fell below book value amidst the carnage …
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Precious metals were the most active sector in the options market on Thursday. Both gold and silver broke above their 200 day moving averages on the largest volume of the year. GDX also broke out …
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The precious metals complex has been on a tear to start 2014. It’s one area of the market where we have had good success over the past 2 months – GG is our best winner …
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Volumes were light on Friday, in what was the seventh straight day higher for U.S. markets. 1. SPY – Feb22nd expiry options were active as traders set up for this week. The Feb22nd 184 calls traded …
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