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I’ve previously written that gold may confirm its breakout, and unless anything major happened in other markets, this would be a bullish sign. Nothing’s happening so far in the precious metals...
Stock prices continued their uptrend on Friday, with the S&P 500 gaining 0.54% and breaking above the 5,600 level. The market is once again nearing its July 16 record high of 5,669.67. But will...
This morning, the markets received the important Core Consumer Price Index (Core CPI) release, which came in slightly higher than expected at +0.3% month-over-month. As a result, sentiment worsened...
So yes, that’s exactly what happened. Record Weekly Decline Not Seen Since May 2022 The GDXJ closed the weekly with a record (nominal) decline – that we haven’t seen since May 2022. The above chart...
Stocks extended their short-term downtrend on Friday, with the S&P 500 index closing 1.73% lower after reaching a local low of 5,402.62. The market reacted to lower-than-expected monthly jobs...
Copper is definitely the most important industrial metal out there. Freeport-McMoRan Reflects Market Trends In the entire commodity sector, only crude oil is more widely used. And given the...
Friday’s trading session brought stock prices back to their local high from Monday, with the S&P 500 index closing 1.01% higher, nearing the 5,650 level. The question remains: is this...
Pssst, hey… Wanna see a vertical drop? GDXJ Drops Sharply in Early Trading That’s less than 30 minutes of today’s trading from the opening bell. Yes, the GDXJ already plunged by over 5%, and yes,...
Wednesday’s trading session brought declines for the stock market, but overall, the market remained within its short-term consolidation. The S&P 500 index lost 0.6% after rebounding from the...
Stocks extended their short-term consolidation on Monday, with the S&P 500 index closing 0.32% lower after reaching a new local high of 5,651.62. This was just 18 points below the July 16 record...
The S&P 500 index closed 0.42% higher, reaching a new local high of 5,632.68, edging closer to the July 16 record high of 5,669.67. This rally has retraced nearly all the declines that led to the...
Monday marked another day of gains for stocks, with the S&P 500 index rising 0.97% and retracing more of its sell-off from July to early August. The market continues to climb following the brief...
Stocks further accelerated their uptrend yesterday, with the S&P 500 index closing 1.61% and reaching new local highs above the 5,500 level. The market has retraced almost all of its declines...
PR, WHEN will this correction end and when will the decline pick up pace? Silver Signals Weakness Despite Short-Term Strength The above is probably something that you might be thinking. While I can’t...
Stocks extended their rebound on Friday, with the S&P 500 index reaching a local high of 5,358.67 and closing 0.47% higher. The market has retraced more of its recent declines, but is this the...
The stock markets around the world are sliding, and so does Bitcoin – just as I warned. Miners invalidated their tiny breakout, closed below the July low on Friday, and they are poised to slide even...
Tuesday's trading session was mixed; stock prices bounced, but they closed well below the daily highs. The S&P 500 reached a local high of 5,312.34 but closed more than 70 points below that...