On Friday, June 4, 2021, a very interesting divergence between the NASDAQ and the Transportation Index setup which highlights the uncertainty related to the continued global market recovery trade. With the NASDAQ rallying over 200 points and reaching levels near critical resistance, near $13,775, the Transportation Index collapsed over -150 points and briefly tested critical […]
Volatility is the most common way to measure risk in the financial markets. While there are a plethora of methods, calculations, and derivatives to calculate volatility, they are all trying to accomplish the same goal: what is the price of a security going to do in the future? Without a crystal ball, there’s no perfect
The Russell 2000, which had experienced an incredible 48% upside price rally after the November 2020 US elections, has recently peaked near an upward sloping price channel that originated shortly after the 2010 Housing Crisis bottom. The incredible aspect is that the post-COVID price rally accelerated at such an extreme rate that the current peak
After Reaching A Trend Channel High, The Russell 2000 (IWM) Flags Out Read More »
Over the past few weeks, the US major indexes have consolidated into a sideways price channel. This is most obvious on the NASDAQ and SPY charts as we’ve seen moderately deep pullbacks through the months of April/May 2021. My research suggests this sideways price Flagging might be concerning for active traders/investors. When the market flags
Gold has set up a very strong confluence pattern across multiple foreign currencies recently. This upside confluence pattern suggests that Gold has now moved into a much stronger bullish price phase compared to various currency pairs. This upside move in precious metals aligns very well with my broad market cycle phase research. I urge traders/investors
Have you ever heard someone say “90% of people that trade options lose money.”? I certainly have. Looking at an options chain can be a dizzying exercise for the uninformed. Delta, Gamma, Theta, Rho, Vega – and let’s not forget – implied volatility? Single, spread, butterfly, condor. What does it all mean? “Chris and his
You Should Never Trade Options If you Don’t Know This …. Read More »
As I wrap up The Warrant Report on Sunday evening, we have gold trading around $1880 and silver at $27.50. I have included below several articles on gold, crypto, copper, and the USD which will set the tone of this weeks’ trading. In my weekly audio for my Gold and Lifetime subscribers, I gave my
The Warrant Report For The Week Ended May 21, 2021 Read More »
May 19, 2021 By Egon von Greyerz “Everything is on fire” – Heraclitus (535-475 BC) What Heraclitus meant was that the world is in a constant state of flux. But the big problem in the next few years is that the world will experience a fire of a magnitude never seen before in history. I have
Everything Is On Fire Read More »
MINING.COM Staff Writer | May 20, 2021 | 11:00 am IntelligenceMarketsNewsChinaCopper Stock image Copper rebounded from Wednesday’s slump, buoyed by expectations that demand will remain resilient in the face of possible tapering by the US Federal Reserve and China’s stepped-up efforts to jawbone prices lower. Copper rose 0.4% to $10,038 a tonne Thursday morning on the London Metal
Copper price rebounds, commodity demand signals “firing on all cylinders” Read More »
Should you buy when prices are lower? Katie Brockman(TMFKatieBrockman)May 23, 2021 at 10:00AMAuthor Bio Cryptocurrency has always been volatile, but it’s experienced quite the wild ride over the past few months. After shattering records and reaching staggeringly high prices, cryptocurrencies have taken a sharp turn for the worse. Bitcoin (CRYPTO:BTC), which reached a high of around
Crypto Is Crashing: Is Now the Time to Invest? Read More »