Filed in: Market News
by Marin Katusa, Casey Energy Report
A rancorous debate over TransCanada Corp.’s (T.TRP) proposed Keystone XL Pipeline has given rise to two uncomfortable prospects: If the US$7 billion project is not built, Alberta’s oil sands will become landlocked, at least for a while, and the United States will lose access to one of its few reliable, friendly...
Elliott waves don’t merely reflect prices plotted over time. Each wave has its own “personality.” Listen to this video by EWI’s Wayne Gorman to learn more about the psychology behind the waves and how it affects your investment decisions.
The Personality of Stock Market Waves
Elliott waves don’t merely reflect prices plotted...
Filed in: Market News
The past month we have seen stocks pick up momentum to the down side after an already very weak month prior (May – Sell in May and go away). This second wave of high volume selling in June was enough to spook the masses out of the market shifting the sentiment from bullish to bearish. But just recently we are starting to see big money accumulate stocks...
Filed in: Market News
You can find low-risk, high-probability trading opportunities by trading with the trend. The trick is to find the end of market corrections, so you can position yourself for the next move in the direction of the trend.
This excerpt from Jeffrey Kennedy’s free 47-page eBook How ...
Filed in: Market News
Courtesy of Phil of Phil’s Stock World
Winning!
Whatever crack the stock market is on we do know the answer to all questions is WINNING. 6 of the past 7 weeks have been in the red but – WINNING – somehow is the attitude as we dress the windows into the end of the quarter so that GS et al can pass around the pipe and lure in a whole...
Filed in: Market News
From the desk of John Thomas
The Mad Hedge Fund Trader
Wednesday, June 29, 2011
Enjoy the Dollar Rally While it Lasts.
Any trader will tell you the trend is your friend, and the overwhelming direction for the US dollar for the last 220 years has been down.
Our first Treasury Secretary, Alexander Hamilton, found...
Filed in: Market News
A quick look at the below chart of Microsoft trading into the close would lead one to believe that i) SkyNet is now fully self-aware, of ii) Muddy Waters came out with a strong buy on the world’s most “underappreciated” valuestock. Apparently, neither of these happened (well, at least not at the close: after all SkyNet has been...
Filed in: Market News
The second round of the Federal Reserve’s quantitative easing program, better known as QE2, will expire this week.
The QE2 policy was officially announced on November 4, 2010, and has been widely credited with subsequent stock market gains. And now, according to rumors, the end of this “experimental”...
Filed in: Market News
From the desk of John Thomas
The Mad Hedge Fund Trader
Tuesday, June 28, 2011
My Briefing from the Joint Chiefs of Staff.
I have always considered the US military to have one of the world’s greatest research organizations. The frustrating thing is that their “clients” only consist of the President...
Filed in: Market News
Business Talk Radio host Gabriel Wisdom recently spoke with Pete Kendall, Co-Editor of EWI’s Elliott Wave Financial Forecast. Their discussion included a crucial but rarely asked question about economists and the Federal Reserve. Here’s the relevant excerpt:
Gabriel Wisdom:...
Filed in: Market News
Iran Should Fold Its Nuclear Program, Or Else. “We have 3,500 nuclear weapons left over from the cold war we don’t need, they take 20 seconds to re-aim, we’re not afraid to use them, and by the way, they’re already aimed at you.” That is the approach James Baker III thinks America should take with Iran, Ronald Reagan’s Chief of Staff and...
Filed in: Market News
By Marin Katusa, Casey Energy Report
In the midst of roller-coaster oil prices and a global reassessment of nuclear power, in early April a key development in the natural gas arena slipped by mostly unnoticed: a report from the U.S. Energy Information Administration (EIA) about global shale gas potential.
We all know that shale gas discoveries...
Filed in: Market News
By Jordan Roy-Byrne, CMT
I must confess I am a gold bug both philosophically and in terms of investing. We are entering a golden age for Gold as the bull market is destined to reach amazing heights and real and honest money reemerges as legal tender against fiat currencies that will soon be at the mercy of a sovereign debt crisis. All this being...
Filed in: Gold
Gold Scents
Today I am going to teach you a little about cycles.
First a little background information. I’m going to be discussing almost exclusively the intermediate degree cycle. Now to start let me correct some misconceptions. Cycles are virtually worthless for timing tops. Cycles are measured from trough to trough. All we can really...
Filed in: Market News
Click here for the latest Stock World Weekly: Cracks beneath the façade
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Stock World Weekly: Cracks beneath the façade
The Week Ahead Section
China
On Thursday, June 23, Chinese Premier Wen Jiabao “declared victory over domestic inflation,”...
Filed in: Market News



