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The January weekly candles in the NDX are starting to look a lot like the October-November 1999 candles. I think we are going to have just a few more months of crazy rally and then BOOM!
Gold/miners/eur to top on Monday/Tuesday as UJ undercuts 110.83 and fall to DCL – I am in cash waiting for the next daily cycle.
You weren´t on board for this daily cycle that I recall, why would you be on board for the next one?
The fine art of snake oil salesmanship. https://www.youtube.com/watch?v=AqmFTyT5r48
My gold long term positive thought. Gold and the crb in general peaked in 2011 and went down till 2013 or so and based for 5 years. 8 years total. Symmetary suggests it’s payback time and we’re now headed up for 8 years. Think I heard this first from Jeff Gundlach ( the new bond king) that commodities are a buy. Positioned hope this comes to be.
Some kind of error/malfunction with the blog as many comments are missing/lost?
Gary had to re-post because the blog did not allow anyone to post. I think the comments you think are missing are at the end of yesterdays post.
Thanks….just saw that.
Back in August of 2017 the markets ran into a rough patch so IBD put the markets “under pressure”. Had the weakness continued they would have moved the markets to “in correction” and then we would wait on a Rally/Confirmation for the green light to get back in. Well, the weakness abated and on 8/22 after a nice rally they put the markets back in “confirmed uptrend”. As of Friday we have had 100 trading days. The top performers in the 100-session period were oil and gas drillers – up 70%; apparel retail – up 44%; and oil and gas field services – up 42%.