Filed in: Market News
By: Scott Redler of T3Live
Rare Earth stocks took a breather and are trying to re-setup. The top two rare earth stocks Rare Earth Resources Ltd (REE) and Molycorp, Inc. (MCP) staged Red Dog 80-20 reversals today and look poised to climb back toward highs.
Given the percentage gains the rare earth stocks saw over the last few months, it was not surprising...
by Tyler Durden
When we had last checked on the total silver sales by the US Mint earlier today, the amount given was 3,407,000 ounces, a number which we had earlier speculated would be a monthly record if sales were maintained at the current pace. And as the number had not been updated we assumed that “either buying interest has ceased overnight...
Filed in: Market News
Greetings Trader,
Robert Prechter’s Elliott Wave International (EWI) has just released a free 14-page trading eBook: Trading the Line – 5 Ways You Can Use Trendlines to Improve Your Trading Decisions, by Senior Analyst Jeffrey Kennedy.
Trendlines are one of the first technical methods most traders learn. Unfortunately, too many traders discard...
Filed in: Market News
The March NASDAQ 100 closed higher on Tuesday as it extends this winter’s rally. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off November’s low,...
Filed in: Market News
My expectation is that Dry Ships (DRYS) will use the drilling segment to buoy up the bulk shipping segment until conditions improve at which time the drilling segment will be spun off. I would think that there is a good chance that share holders of (DRYS) will see a benefit. This will be in the form of equity in the spun off unit and an improvement...
Filed in: Market News
Apple Inc. (AAPL) is a stock I trade often and that we cover often here on the T3Live blog. The company continues to innovate and achieve success in nearly every venture it undertakes, thanks in large part to visionary CEOSteve Jobs. Jobs has been plagued by ill-health over the last few years; this is his third health-related leave of absence. In...
Filed in: Market News
By Jordan Roy-Byrne, CMT
In covering the gold sector for my premium subscribers, I have noticed something lately. The large-caps really suck! Ok, that is harsh but it is the truth.
In the chart below I show the large-cap indices. What do you see?
The Dow Jones Precious Metals Index hasn’t gone anywhere for five years, while Gold has more...
Filed in: Gold
Gold Scents
Humans, for whatever reason, tend to project the past into the future. It is an emotional flaw in our genetic makeup. It is also the reason why so many otherwise intelligent people miss the big turning points in the economy and stock market.
A classic example occurred in the summer of `07. The sub-prime market was just starting to...
Filed in: Market News
Most analysts expect the stock to take some decline but add that any damage may be mitigated by a couple of factors: one, that this is not the first time the company has had to survive without its iconic CEO at the helm; and, two, chief operating officer Tim Cook has a strong track record in the number-two slot. AAPL is likely the safest tech stock...
Filed in: Market News
Courtesy of John Nyaradi H/T Phil’s Stock World
Everyone knows the old investing slogans, “let your winners run” and “the trend is your friend” and these are well known because they have proven themselves over time to be true. In fact, Sam Stovall in his book, The Seven Rules of Wall Street, points out that it has been a sound investing...
Filed in: Market News
David A. Banister- www.MarketTrendForecast.com
My most recent forecasts for the SP 500 and Gold have been calling for interim peaks in both around Mid- January. Gold, I told my subscribers a few weeks ago, was definitely topping and likely to drop now to $1270-$1280 per ounce before resuming the Bull Market advance. The SP 500 I have forecasted a...
Filed in: Gold
Courtesy of Mish
China’s problem is rampant growth in money supply. Instead of curbing the problem, China prepares to address the symptoms, city by city it appears.
Please consider Shanghai Prepares for Property Tax to Curb ‘Speculative’ Buying
Shanghai, China’s financial center, will this year prepare for a trial property tax, becoming...
Filed in: Market News
Courtesy of Tyler Durden
“If there’s one institution in the US that consistently and repeatedly messes up everything, the Federal Reserve is that institution.”
So says famed investor Marc Faber in an interview he gave to ChrisMartenson.com this week. In it, Chris and he dive deep into the Fed activity (encouraged by Washington and...
Filed in: Market News
Jobs also says that he will continue as CEO and be involved in major strategic decisions for the company. As a reminder Apple accounts for about 20% of the Nasdaq. As a further reminder, the last time it was even rumored the COO was leaving, the stock tumbled $20 in the span of a few milliseconds. German listed Apple shares fall 1.8% following the...
Filed in: Market News
The Mad Hedge Fund Trader reveals, How to
trade like a winning hedge-fund manager:
Trading Strategy & Tactics
This breakthrough new video will make you richer. (and a lot of high-priced, so-called “trading gurus” a little poorer.) It’s John Thomas’s (the Mad Hedge Fund Trader) latest presentation on the strategy...
Filed in: Market News



