Precious Metals – in particular Gold and Silver – have recently hit their respective Fibonacci 100% measured moves to the downside. At the same time, both also reached critical support levels where they may remain close to for a while. Host Craig Hemke of Sprott Precious Metals Projections sits down with Chris Vermeulen of The Technical Traders […]
In this, the second part of our Market Volatility research article, we’ll take a look at how Precious Metals, the US Dollar, and the US major markets have moved into a sideways price trend which supports a pending future volatility event. The big “mini flash-crash” in precious metals on Monday, August 9, may have been
Global Markets Start The Week Very Volatile – Metals & Oil Collapse, Part II Read More »
Chris talks with David Lin on Kitco News about Monday’s ‘flash crash’ of Gold and Silver and where they might be heading next. Though still in a confirmed downtrend, it is possible that as each of these commodities hit their 100% Fibonacci measured move, they have put in a bottom from which to begin a trend reversal.
Gold And Silver ‘Flash Crashed’ On Monday – Where Will They Go Next? Read More »
Overnight, on Sunday and early Monday, Precious Metals and Oil started a fairly big collapse which quickly bottomed and recovered – at least in the Precious Metals markets. Crude Oil is still moving lower in early trading on Monday, August 9, 2021. Can we learn anything from the pre-COVID market trends and extrapolate any real-world
A Volatile Start To The Week For Global Markets – Metals & Oil Collapse, Part 1 Read More »
The Junior Gold Miners ETF (GDXJ), fell to lows near $43.06 recently, which matched the low from the end of March 2021, near $43.24. Although these lows are not exactly the same, the span of time between these unique lows and the very close nature of them makes them a Double Bottom setup. It is
Junior Gold Miners Setup A Double Bottom – Looking For A Rally Off These Unique Lows Read More »
After the Fed’s comments in support of the US economy and the transitory nature of the recent inflation, the NASDAQ rallied to new all-time highs and closed at $15,167.75 on August 5, 2021. If the markets fall back into the “melt-higher” mode as we move away from Q2:2021 earnings, we may be setting up for
NQ Rallied To New All-Time Highs – Are We Starting Another Bullish Rally Phase? Read More »
“One thing that seems to be certain in the markets right now is the past hyper-bullish trending which appears to have weakened since early 2021. As a result, the longer-term Custom Indexes we use to help gauge and understand market trends are showing a very clear weakening of trends. In this article, we are going
Are We Ready For An August Surprise? Read More »
My big news for this week is that our new service, SPAC Warrant Index is now available for those investors interested in investing in and/or trading the warrants or the SPACs. Please see our website for complete details and pricing. Gold was little changed for the week and in Monday’s pre-market we are at 1812.50
The Warrant Report For The Week Ended July 30, 2021 Read More »
Bloomberg News | July 30, 2021 | 3:04 pm EnergyIntelligenceChinaUSAOil & Gas Image: Shutterstock The world’s recovery from the coronavirus pandemic has sent prices for energy, metals and food soaring, helping big commodity exporters while hammering those nations that buy the bulk of their raw materials from others. Commodities as a whole have risen more than 20%
Here’s who wins and who loses from the surge in commodity prices Read More »
Adam Hamilton – Zeal Intelligence | July 30, 2021 | 11:03 am IntelligenceMarketsGold Stock image. The gold miners’ stocks were whacked hard earlier this summer on a Fed-rate-hikes scare. That serious anomaly really damaged sentiment, spawning exceptionally-weak seasonal performance in this contrarian sector. But the bruised gold stocks and the metal they mine have trudged through, making
Gold stocks’ autumn rally (part 6) Read More »