Analog Comparisons Show Trouble Brewing For Stocks
August 3, 2010 by CAPTAINHOOK · Leave a Comment
By Captain Hook, Treasure Chests As anticipated, last Friday, which marked options expiry for July, witnessed a down day in stocks, which in fact turned out to be a 90% down day. In a bull market this would not occur, as the trend would be up, so one must conclude Friday’s 90% down day on [...]
Stocks Defy Gravity by Playing Catch-Up
July 9, 2010 by Rick Ackerman · Leave a Comment
By Rick Ackerman, Rick’s Picks Stocks extended their rally for a third consecutive day, with computer-driven buying accounting for nearly all of the gains. How do we know this? Why, we read it in the Wall Street Journal: “This is a big vacation week,” noted one equity-desk veteran,” but the computers and servers are still cranking them [...]
A Warning Shot Across Our Collective Bow
May 17, 2010 by CAPTAINHOOK · Leave a Comment
By Captain Hook, Treasure Chests That’s the way you should view yesterday’s historic crash, witnessing the largest single day point swings in history. You should view it as a warning shot across your bow, because most market participants will stay in the stock market until it’s too late. Then, when the real panic starts, a [...]
So Bullish on Stocks that We Feel Guilty
April 26, 2010 by Rick Ackerman · Leave a Comment
By Rick Ackerman, Rick’s Picks We’re so bullish on the stock market right now that we can barely look ourself in the mirror. Having hated the Mother of All Bear Rallies since it began nearly fourteen months ago, we’ve tried to make our peace with it by projecting higher prices the whole way up; by [...]
The Game Plan
March 28, 2010 by Toby Conner · Leave a Comment
By Toby Connor, Gold Scents Stocks: I’m going to start off with a few breadth charts. The NYSE new highs – new lows chart is now on a sell signal as both the slow and fast average have rolled over and are accelerating downward. Everything continues to point to an impending correction. The change in [...]
NO STOCKS
March 22, 2010 by Howard Katz · Leave a Comment
By Howard S. Katz, thegoldspeculator.com This is directed toward those readers who have heeded the siren song of the establishment and have put their assets into the stock market. I say to you: NO STOCKS, NO STOCKS, NO STOCKS, not at this time. The basic reason is that we are in the second upswing of [...]
Stocks Waft Higher, Oblivious to Reality
February 25, 2010 by goldguru · Leave a Comment
By Rick Ackerman, GoldSeek Stocks are in a warp now, moving in a parallel universe with no apparent connection to reality. The worst housing news in nearly 50 years pushed shares lower for a relative blink of an eye yesterday, then it was back to the races after Helicopter Ben affirmed for the umpteenth time [...]
Was March the True Bottom? Here is How You Will Know Soon
November 27, 2009 by goldguru · Leave a Comment
By Andrew Mickey, GoldSeek The Associated Press calls them “fully invested bears.” It’s the most unique phenomenon of this rally. They are the large and successful group of investors – both individual and institutional – who see the economic reality around them and are naturally bearish. However, they’re still fully invested. That’s where we’ve all been [...]
Gold, Silver and US Stocks Rally
October 30, 2009 by goldguru · Leave a Comment
Gold and other precious metals spiked Thursday, as did crude oil and US stocks following a report by the Commerce Department saying the economy expanded at a 3.5 percent annualized pace in the third quarter. Gold’s rise broke a losing streak that had extended to five days. The Dow and S&P enjoyed their best one-day [...]
American Gold Bullion
October 30, 2009 by goldguru · Leave a Comment
Even though multitudes of American investors have lost faith in Wall Street and our nation’s banking system, they can still show their patriotism by purchasing American gold bullion, as they convert their wealth into precious metal diversification. Traditional investments in stocks and bonds have had their overextended course of contrived prosperity, now it’s time to [...]
