Monday the equity markets and most of the soft commodities got hammered triggering sell signals in some of the equity markets. This morning markets are up big which is a sell signal. Down trending markets […]
Friday was triple witching expiration and markets sold off. This morning equities are under pressure again hinting at a trend change. One would think Gold and Silver would be charging higher however they are slightly […]
Too many people get involved with markets on a tick-by-tick basis. Watching markets minute to minute, tick by tick is the number one reason for failure among traders. I get too many emails telling me […]
Gold and Silver are following the children’s book, “The Wheels on the Bus” go round and round, which describes the current pattern in markets. For months we have been trying to write about these markets […]
The metals remain about as ugly as it gets, the patterns are weak and there is no volume. This morning we have reversed Gold to the short side joining Silver, that we trade, and Platinum, […]
For our regular readers you know we trade with the trend of our proprietary algorithm but always accumulate physical, gold, silver, and platinum. The recent action in metals has been awful making the trading tough. […]
As summer ends the challenge of trading markets has been as tough as it gets. Volume and market action have been nonexistent. From equities to bonds, crude to soft commodities there is little action. Gold, […]
Talk about a tough market to trade, Gold, Silver, and Platinum continue to rotate around the mean. This consolidation is the toughest to trade and doesn’t appear to be changing anytime soon. This pattern suggests […]
Friday saw a weak jobs number which we expected. The weak numbers propelled Gold, Silver and Platinum much higher on Friday. As of this writing the metals are mixed with Gold slightly lower, Platinum flat […]
As the summer winds down and we approach the Labor Day Holiday Gold, Silver and Platinum are very quiet. This is the standard for late August early September trade. The only news item that can […]
