I made a quick video going over the price I'm looking for to get long gold: Click here to see my previous analysis on gold.
As we head into earnings season, one of my favorite trades is to look for stocks that will move in anticipation of their earnings event. What happens here is that investors, exepcting good news from the company, will start to buy the stock before they release earnings. This casuses a "pre-earnings" run in the stock.
Just two weeks ago the S&P 500 was down at 2000, and we currently are around 120 points higher. This "call" may seem a little late, but in the context of the range we've been in, this current move could just simply be a blip. Given the current situation, we have been in a cyclical
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If you haven't been paying attention, Silver has been on quite a tear lately. Here's a daily chart of silver futures: The chart also has Bollinger Bands, which show us when a market is seeing movement larger than normal. And for three days in a row now, silver has been above its upper Bollingr Band.
During a slow summer trade, Great Britain rocked the markets by voting to leave the eurozone. The Dow Jones Industrial Average plummeted 800 points. It looked as though the end of western civilization was upon us. This harbinger of doom would bring plagues, locusts, rivers of fire... Cats and dogs living together! Madness! Yet, all