At the end of each quarter, I like to see how the market has performed in comparison to the last quarter. Seeing as we are nearing the end of Q2 of 2009, we are starting to crunch the numbers. So here goes: Data for the end of Q2 is based on intra-day prices traded on Friday the 26th, of June. Last quarter gold (XAUUSDO) closed at 921.06 bases the...

Today Adam Hewison will be talking about energy fields in the gold market and how you can put them to your advantage to make money. The video is short in duration, only four minutes, but he’ll give you specific levels to look at should certain events take place. He suspects that these events will occur and for the lucky few who are prepared the rewards...

The Gold daily chart shows it has still been unable to close back over the center Bollinger band, nor the resistance at the yellow line just above. Chart Courtesy of Stocktiger

New home sales were 32.8% below the same month a year ago, when the estimate stood at a 509,000 annual rate.

Monday 10:30 a.m. June Dallas Fed Mfg. Production Index Tuesday 7:45 a.m. ICSC Chain Store Sales Index for June 27 8:55 a.m. Redbook Retail Sales Index for June 27 9:00 a.m. April S&P/Case-Shiller Home Price Index 9:45 a.m. June Chicago PMI 10:00 a.m. June Conference Board Consumer Confidence 5:00 p.m. ABC/Washington Post Consumer Confidence for...

David over at the Oxen Group has a GREAT daily newsletter. You can sign up for FREE Here. This article is a sample of the type of great information you receive. One of the main sections of our site is our Oxen Picks. These are day trades that The Oxen Group makes everyday that are ideas for stocks we believe will move up for a single day that investors...

Tyler Durden at Zero Hedge Complete collapse in foreign interest for GSE debt: North American holdings of the latter have increased from 50% to 80% of total notional in one year! Primary Dealers are selling corporates in droves in order to purchase Treasuries and MBS under the Fed’s gun. Primary Dealers now have a record $368 billion in Corporate,...

Courtesy of Phil at Phil’s Stock World California lost more than Michael Jackson yesterday. They also lost their credit rating as Fitch dropped them to A-minus and even that rating was immediately placed on negative credit watch.  California faces a $24 billion-plus budget deficit for the fiscal year that begins Wednesday, rapidly declining...

Hat Tip Green Sheet One consistent line we’ve heard throughout the debate on the cap and trade bill is, “It’s a giant tax.” If so, the government could sure use the money.

There were rumors of an incredible 7,599,700 share trade in Hemispherx stock. A detailed review of the After Hours trading log at Nasdaq did not confirm those reports but did reveal unusually large bock trades nonetheless. This follows a day of renewed activity on the stock as investors began to feel more confident that the company would receive final...

Courtesy of Jay at Green Sheet FINAL UPDATE: The American Clean Energy and Security Act has been approved by the House with 219 in favor, 212 opposed. The bill moves to the Senate where it will be mangled all over again. How are its prospects there? Not too good if this Environmental Capital post is to be believed: Amid all the arguing, though, here’s...

August crude oil closed lower due to profit taking on Friday and the low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI have turned neutral hinting that a short-term low might be in or is near. Closes above last Friday’s high crossing at 72.85 are needed to confirm that a short-term low has been posted....

The S&P 500 index closed slightly higher on Friday as it extended this week’s rally above the 10-day moving average crossing at 907.13. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bullish hinting that additional short covering gains are possible. Closes above last Friday’s...