Gold, GDX, Euro & US Dollar Technical Analysis

Technical & fundamental analysis on gold (GLD), the gold mining stocks (GDX), the US Dollar & the Euro providing both the near-term & longer-term outlook for all. This video begins with an discussion of the strong historical correlation between the US Dollar & the price of gold as well as oil followed by the outlook for each, including some key technical levels & developments to watch for. playback speed can be increased in the settings to reduce the duration of the video

Technical Analysis on Commodity ETNs (video)

A comprehensive video covering the outlook for numerous hard & soft commodities via 20 commodity ETNs & ETFs, including both hard & soft commodities along with various agricultural commodity ETNs. Due to the unusually large amount of trade ideas covered, this video runs longer than normal. As such, for those looking to skip ahead to the analysis of any particular commodity, the following ETNs/ETFs are covered in this order: NIB (cocoa), CUT (timber), WOOD (timber), UNG (natural gas), BAL (cotton), UGA (gasoline), JJC (copper), USO (crude products), OIL (crude oil), SOYB (soybeans), COW (livestock), DBA (various agricultural commodities), CORN (corn), CANE [...]

Stock Market, Gold & Commodities Analysis (video)

Technical analysis on the US stock market, gold, silver, platinum, GDX, crude oil, utilities & various agricultural commodities & ETFs. Playback speed can be increased in the settings to reduce the duration of the video.

Peak Earnings Week

This week will, by far, be the most important week of this earnings season with a total of 119 companies in the S&P 500 index reporting. This week will also see all five of the market leading FAAMG stocks (FB, AAPL, AMZN, MSFT & GOOGL) reporting along with a slew of other market leading stocks. As such, one should expect an increase in volatility & opening gaps. There is a link for an earnings calendar located on the home page sidebar under 'Tools of the Trade" along with an economic calendar with the potential market moving reports denoted with a red [...]

The Case for A Major Correction In Crude Oil

Technical evidence for a major trend reversal and correction in crude oil continues to build. The first chart below is the same chart (many annotations & technical developments later) that was posted here back on January 19, 2016, making the case that "a significant rally or trend reversal was close at hand" just 3 weeks before crude bottomed & embarked on the bull market that has so far seen $WTI rise by approximately 150%. Positive & negative divergences, rising & falling wedges, trendlines, breaks above/below resistance/support levels, overbought & oversold readings, etc.. all help to determine where prices might [...]

Jan 23, 2018 7:16pm|Categories: Equity Market Analysis, Gold & Commodities|Tags: , , , , , , |1 Comment