August Gold futures closed up $4.70 at $925.70 today. Prices closed nearer the session high after hitting a fresh five-week low early on today. Short covering and perceived bargain hunting were featured today as the U.S. dollar sold off sharply. December Silver futures closed up 11.1 cents at $13.89 an ounce today. Prices closed near the session high...

The U.S. stock indexes closed mixed but mostly weaker today. Bulls are fading. Uptrends on the daily charts have “rolled over.” Traders will closely examine the wording of the Federal Reserve’s FOMC meeting minutes, which are released Wednesday afternoon. Look for some quieter trading in the stock market in the coming weeks, amid...

This link takes you to get your first symbol analyzed and from there you can easily add more symbols to get a daily update, which I find very helpful. There are only a few quality sites out there that provide FREE high quality trading tools. Hey after all it is called a FREE stock analysis so take advantage of it. Any other question feel free to drop...

By Tom Bowley The tech-laden NASDAQ 100 showed considerable relative strength prior to the market bottom in March 2009.  Should the NDX:SPX relative ratio break above 1.625, I believe it could lead to additional market strength. -Tom Bowley Join Tom and the Invested Central Team at www.investedcentral.com.

“After months of wishful thinking, investors are nervous again about financial markets and the world economy, and it may take a flurry of much better economic data to make them believe in a sustainable recovery. Anxiety grew on Monday after the World Bank cut its 2009 global growth forecast, saying the world economy will contract 2.9 percent...

Courtesy of Joe Weisenthal of Clusterstock Here’s another fun chart from that state of the housing market 2009 report. It shows — using data from 2007 — just how much more significant home equity is to household wealth than stock holdsins. Only for the top quartile are the two vaguely comporable. So it’s great that the stock...

Tyler Durden at Zero Hedge As Obama speaks and investors recall what it was like to short the market at every TV appearance of the president, the dollar is getting pillaged: the DXY just dropped below the 80 support level after Europe has said it will start tightening soon. Concurrently, market neutral funds have thrown in the towel. After we...

Hat Tip Brandon over at Trading Wall Street Investments By the Center for Geoeconomic Studies Government borrowing has increased sharply, but the fall in private borrowing by households and firms has been equally dramatic. Overall borrowing has not changed substantially. Will the government be able to reduce its borrowing when private borrowing resumes?

Courtesy of Jon C. Ogg of 24/7 Wallst Direxion issued a press release noting that it was conducting a one-for-two reverse stock split on for its triple-leverage ETF called the Direxion Daily Mid Cap Bear 3X Shares (NYSE: MWN). We have actually been waiting for the exact same news, albeit on a larger reverse split scale, on the financial triple-leverage...

Bank of America announces the common stock average price of $12.7048 for its offers to exchange up to 200 mln shares of common stock for outstanding depositary shares (BAC) Market Club has a very interesting take on how BAC is playing out after the past news release. The “Trade Triangles” paint the picture. CLICK HERE and just enter the ticker (BAC)...

Courtesy of Joe Weisenthal of Clusterstock The lows seen in March, when the S&P bottomed around 666, may be seen again before this bear market is truly over… Bloomberg: U.S. and European stocks are destined to fall below March’s lows if bear-market history is any guide, according to Jim Reid, a strategist at Deutsche Bank AG. Share prices...

Courtesy of David of The Oxen Group The buy pick is made every evening at Midnight before the next day begins. The pick is a single day trade of a stock or ETF. The Oxen Group provides analysis, entry/exit points, resistance levels, and a rating for the pick. Picks are only single day trades. Yesterday was interesting. Tomorrow, the important home sales...

The S&P 500 index was higher due to short covering overnight as it consolidates some of Monday’s decline. First resistance is the 10-day moving average crossing at 915.89. Second resistance is the 20-day moving average crossing at 920.16. First support is the overnight low crossing at 886.70. Second support is the reaction low crossing at...

Courtesy of Mish Bloomberg is reporting Insiders Exit Shares at the Fastest Pace in Two Years Executives at U.S. companies are taking advantage of the biggest stock-market rally in 71 years to sell their shares at the fastest pace since credit markets started to seize up two years ago. Insiders of Standard & Poor’s 500 Index companies were...