Gold Scents Just like the stock market, gold runs in cycles (all markets do because the humans that trade these markets go through periods of optimism and periods of pessimism). For the purposes of this discussion we will concentrate on the intermediate and daily cycle, after a quick explanation of the two larger degree cycles. At this point all...

Tim Iacono The dismal set is likely sharpening their pencils at this very moment, readying lower estimates for housing starts and new home sales to be released in the days ahead after this morning’s plunging Housing Market Index from the National Association of Home Builders. After a brief “sugar high” from this spring’s expiring homebuyer...

If inflation is a quiet thief, then deflation is an armed burglar. You wouldn’t invite either into your home, yet chances are that one of the two is stealing your money right now. Elliott Wave International, the world’s largest ...

Courtesy of John Nyaradi at Wall Street Sector Selector Weekly stock market and ETF,  Exchange Traded Fund commentary from Wall Street Sector Selector I never make predictions because no one can foretell the future and no one has a crystal ball.  However, after last week’s market action and economic developments and looking at both technical...

The major indices were all down this week though crude oil was virtually unchanged. Top and bottom sectors for the week. Farming was up as MON had a good week but it had a possible topping candle Friday. stocktiger

It was an interesting options expiration week for equities that’s for sure. We saw some very choppy price action with large waves of buying and selling as the bulls and bears fought for control. Both Gold and Oil closed lower for the week which is not a good sign considering the US Dollar dropped like a rock along with them. Below are a few of...

Jeff Clark, Senior Editor, Casey’s Gold & Resource Report It’s true that GLD’s assets just passed the $50 billion mark, and that it’s the second largest U.S. ETF. Yes, mints had difficulty filling orders when the Greek crisis broke. And yes, the gold price is up nine years in a row. But those who look at statistics like these are...

In less than three months, and not even counting the past few days, the Dow has had six big swings averaging more than 1,000 points each — one of them occurred in a single day. Altogether, like a cross-country...

Courtesy of Michael Panzner at Financial Armageddon For a growing number of Americans, job prospects are bleak, savings are too low, debts are overwhelming, and, as the following report reveals, credit ratings are shot to pieces — how in heck can anybody even think that we are on the cusp of a consumer-led recovery? “More Americans’...

It’s been another strong week for equities but are stocks and commodities about to get hit with some selling pressure? I have put together a short video coving all of these investments but here is my Coles Note Version: US Dollar: The Dollar is way oversold and looking ready for a multi day bounce. This will put pressure stocks and commodities. Crude...

The Market Ticker Interesting comments in the so-called “Minutes” (which are really more filtered notes that only say what they want, intentionally omitting anything “contrary”, as we now know) In his presentation to the Committee, the Manager noted that “fails to deliver” in the mortgage-backed securities (MBS)...

Courtesy of Tyler Durden Jim Grant, one of the most respected voices in the financial industry, joins Zero Hedge and others, who see that the only choice the Federal Reserve has now that the temporary and shallow reprieve from the clutches of the deflationary depression is over, is to print more money in the form of another iteration of QE. Whether...

I have been getting great feedback from everyone that has taken the 2 week Trial to Adam Hewisons MarketClub. I wanted to make sure that everyone had a chance to check out this great charting and indicator service that makes finding the trend as easy as possible. If you haven’t had a chance to take advantage of this special offer I encourage you...

CalculatedRisk On a monthly basis, retail sales decreased 0.5% from May to June (seasonally adjusted, after revisions), and sales were up 4.8% from June 2009. Click on graph for larger image in new window. This graph shows retail sales since 1992. This is monthly retail sales, seasonally adjusted (total and ex-gasoline). Retail sales are up...

Courtesy of Tyler Durden at Zero Hedge It seems everyone is perplexed by the most recent irrational bout of July market action. Like clockwork, once July rolls in, the market surges, no questions asked. This year, the ramp is particularly blatant because as the attached chart demonstrates, bonds, which are a far more credible barometer of market...