Friday, May 11, 2012

Silver Chart and Comments

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Silver continues to be the poor poster child for the Deflation or Risk Aversion Trade. It's chart is abysmal at this point as it has ste...
5 comments:

Things are getting downright Dicey

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Take a look at the following charts and you will perhaps see what is making me extremely nervous. The first is the Continuous Commodity In...
Thursday, May 10, 2012

JP Morgan losses send S&P 500 futures lower in Aftermarket

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This afternoon, after the markets regular closing, news came out that JP Morgan has suffered a $2 BILLION HIT in their trading division, app...
4 comments:
Wednesday, May 9, 2012

HUI holds Critical Support - Upside Reversal

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In yesterday's post I mentioned that if the HUI was going to bottom, it was going to do so right now and right then. See the link here.....

What's with 1350 on the S&P 500

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Note that for Friday of last week, Monday of this week and Tuesday, the S&P has crashed through the 1350 level only to keep rebounding b...
Tuesday, May 8, 2012

Gold Down but Holds Support at $1600

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In spite of the strong wave of selling that has swept across the entirety of the commodity complex in today's session, gold did rebound ...
5 comments:

HUI Chart and Comments

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The HUI is reeling once again as it continues losing value against the price of an ounce of gold bullion. The index has fallen below chart s...
4 comments:

Gasoline Prices continues Getting Knocked Lower

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Count me in as one of those who firmly believes that the Bernanke-led Fed has been doing everything in its power to rescue their boss's ...
2 comments: