Gold and Silver Hanging by a Thread
Gold and Silver look like they could be a short sellers wet dream right now. Gold is struggling to get past resistance at the daily 21 Moving Average and the downward trend-line. It is also worth noting the action on the US Dollar index which is looking increasingly bullish right now. If the Dollar manages [...]
Gold And Silver Update | Will Metals Break Below September Lows?
In my previous update on the metals, I alerted our readers that two very good potential short trades were setting up on Silver and Gold. Those trades came to fruition and have proved to be very profitable so far.
Traders Are Too Bullish For This Bear
It astonishes me how some of the most experienced and well-respected traders that I know got it completely wrong two weeks ago about what the markets will do next. In the middle of June, I heard a few trader friends of mine claim that we have now more or less entered “bullish” territory and that [...]
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Stock Market News- Hong Kong stocks tiptoe lower in shortened session; Hang Seng Index down 0.1% May 22, 2013
- Bank of Japan leaves asset purchases, policy rate unchanged, as expected May 22, 2013
- Japan stocks advance, as exporters, steel mills gain; Nikkei Average up 0.6% May 22, 2013
- Japan's April trade deficit yawns wider than expected as imports jump 9.4% May 21, 2013
- Saks shares jump 16% after hours on report of possible sale May 21, 2013
- U.S. stocks finish higher; Dow rises for 19th straight Tuesday May 21, 2013
- MarketWatch Radio: Apple CEO Tim Cook defends tax policies May 21, 2013
- Follow live coverage: Microsoft reveals new Xbox console May 21, 2013
- J.P. Morgan shareholders vote down proposed split of CEO and chairman roles May 21, 2013
- Rand Paul: Senate needs to apologize to Apple for 'awful' tax code May 21, 2013
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