Global equity markets are rallying in a 'risk-on' trade while safe haven assets such as treasury bonds & gold are being sold as a result of the French elections & lessened probability of a Frexit. Here's a snapshot of the risk-on & risk-off assets: Gold, U.S. Treasury Bonds & a few the major US stock [...]
Technical analysis of gold, the precious metal mining stocks & the US Dollar via GLD, GDX & UUP. Both the near-term & longer-term outlook for gold, GDX & the US Dollar are outlined. @ww0987
The outlook for the US stock market via SPY, QQQ & IWM as well as gold, oil & bonds via USO, $WTIC, GLD, GDX, TLT, JNK & HYG.
Technical analysis on the US stock market via SPY, QQQ & IWM as well as GLD, GDX, SMH, XSD, SOXX, XLF & XBI.
An overview of some of the recent individual stock & sector trade ideas, both long & short, shared on Right Side Of The Chart. For those wanting to skip ahead to a particular trade idea, the following stocks & ETFs are covered in this order: CARA, TEVA, USRM, CLVS, NVDA, LI.V, LIACF, PBYI, PTLA, TINY, [...]
A quick update on a couple of the things that stand out this morning. First, GLD (Gold ETF) has gapped down below the purple rising wedge pattern. I still don't care to short it & just plan to watch to see if it can regain the wedge shortly or for the next objective long entry [...]