As Chris notes in today’s post, bearish flags are proliferating with everything from Bonds to China to the S&P and even Gold taking a nose dive. So much for diversification. In the video Chris will take a look at where we stand. Chris Ciovacco is the Chief Investment Officer for Ciovacco Capital Management, LLC (CCM)~ […]
Gold and Silver: A Great Day to be a Bear
Elliott wave analysis is the blade-proof glove with which “to catch a falling knife” By Elliott Wave International In the wee morning hours before dawn on Thursday, June 20, the precious metals’ rooster crowed, “Cock-a-doodle-DOH!” It was the ultimate wake-up call: First, gold prices plummeted 4% then 5% then 6% below $1300 per ounce to […]
Will Raising Interest Rates Give Us a High Probability Short?
We know that rising interest rates are bad for bonds and gold and are considered good for stocks but in today’s article Chris Ciovacco looks at the effect rapidly rising interest rates can have on the stock market in the near future. ~Tim McMahon,editor 1994 Scenario: Market’s Worst Nightmare Spike in Rates Could Spook Stocks […]
Is LULU a Lemon of a Stock?
Today I am going to share with you one of my favorite technical tools and how to use this tool to successfully navigate the ups and downs of Lululemon Athletica Inc. (NASDAQ:LULU). Just recently, there has been a great deal of controversy about this company. You might recall the problem they had with their see-through […]
Has Apple (NASDAQ_AAPL) Lost Its Way?
In a recent Bloomberg news poll, 71% of investors believe that Apple (NASDAQ:AAPL) has become less innovative. Has Apple lost its way? In today’s short five minute video, I will be examining Apple stock (NASDAQ:AAPL) and investigating what drives the price. This short video will examine the technical setups that are driving the declining price. […]
Investors vs. Traders and Precious Metals
The precious metals market is but a fraction of the size of the either the stock or bond market and so if even a small portion of either of these markets were to move into precious metals i.e. Gold, Silver or Platinum it could move that market drastically. Many investment advisers recommend having 5-10% of your investment portfolio […]
(Video) How Market Losers Think – and How to Stop Doing It
The one simple insight that will change the way you invest forever By Elliott Wave International Some of the greatest problem solvers in history — Albert Einstein, for example — know that the secret to solving complex problems requires simplicity. Einstein’s simple equation () revolutionized math and science because it offered a single simple […]
Fibonacci Clusters Show Important Resistance Level in Gold
Senior Analyst Jeffrey Kennedy shares techniques that helped spot a trading opportunity. By Elliott Wave International If you use Elliott in your technical analysis, you may already use Fibonacci ratios to determine targets and retracement levels in your charts. But have you heard of “Fibonacci Clusters?” Elliott Wave Junctures editor Jeffrey Kennedy shares his charts […]
Independent Investors Should Explore Trading Options
Three investment sectors, Energy, Home Construction in the United States and Precious Metals are predicted to do very well in 2013. Last year, they performed moderately with gold hitting an all-time high in 2011 and nearing that high again in 2012. The 2008 recession has countries and traders all over the world still leery. Although […]
Three Investment Sectors Ripe for Speculation in 2013
With sovereign economies around the world still trying to find their footing after the global financial crisis of 2008, investors are looking at industries and investment sectors that will present opportunities for speculation and profit in 2013. Although the economy of the United States is far from a full recovery, Wall Street has reacted positively to […]