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 [...]
Open Interest | A Sneaky Way To Measure Market Sentiment
A few years ago, the renowned trader and best-selling author, Guy Cohen, revealed to me a simple and cool “trick” for looking at a stock from another angle (other than chart analysis) to measure how investors are feeling about a stock (whether more “bullish” or “bearish”). Below is a step-by-step and simple explanation of his [...]
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Stock Market News- China factory activity slowing further in June, preliminary HSBC data show June 20, 2013
- Hong Kong stocks down after Fed, ahead of China data; Hang Seng Index down 1.4% June 20, 2013
- Japan stocks falls after Fed statement; Nikkei Average down 0.9% June 20, 2013
- Dow ends down 206 points in seventh straight triple-digit move June 19, 2013
- Dow industrials down 172 points in final hour of session June 19, 2013
- Ten-year Treasury yield jumps to 2.32% during Bernanke press conference June 19, 2013
- Bernanke: Fed may taper QE later this year June 19, 2013
- Chart: Graphical look at market's reaction to the Fed news June 19, 2013
- Stocks hit day's lows as Fed sees U.S. economy at reduced risk June 19, 2013
- Fed rates and bond-buying plan intact; job and growth risks 'diminished' June 19, 2013
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