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24Sep12:31 pmEST
A Nice Save
After some ugly price action yesterday, gold miners found buyers this morning for a gap higher. On the GDX, ETF of the senior gold miners, daily chart, below, note the horizontal light blue line provides well-defined support around the $13 level. While GLD and SLV, the ETFs for the gold and silver metals, respectively, are nearly or already...
24Sep10:44 amEST
Not So Fast, My Friend
Stocks are pushing lower yet today, with apparently too much traders expecting the usual snapback rally which the market has generously conditioned them to expect in recent years. That generosity, however, may very well prove to be fool's gold, as I suspect plenty of those prior gains have already vanished, and will continue to do so at a rapid...
23Sep4:56 pmEST
Stock Market Recap 09/23/15 {Video}
The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services . In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then please...