Category Archive: Finance
Royal Gold Bullish Structure Calling Higher
Royal Gold (Nasdaq: RGLD) is one of the world’s leading precious metals royalty & stream companies, engaged in the acquisition and management of gold, silver, copper, lead and zinc. The company owns interests on 194 properties in over 20 countries, including interests on 39 producing mines and 21 development stage projects. Last week, Royal Gold announced a […]
E Market Briefing For Monday, August 28
The market-related factors of Hurricane Harvey are impossible to estimate but construction and rebuilding will be major projects in the area for at least several years ahead. Fortunately the ‘eye’ of Harvey missed densely-populated cities, while much like its namesake (Harvey the Rabbit); the storm is bouncing around in such an odd manner, that […]
Trading Support And Resistance – Sunday, August 27
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the […]
More On The Changing MLP Investor
Last week’s blog post, The Changing MLP Investor, received more interest than usual.There’s no shortage of research explaining why MLPs are cheap, but it seems few stop to consider the mindset of those who decline to act on this opportunity. Sometimes it’s more helpful to understand the non-buyers. Following the collapse two years ago (see The 2015 […]
USDCAD Weekly Analysis – Sunday, August 27
USDCAD is facing 1.2413 support, a breakdown below this level could signal resumption of the downtrend from 1.3793, then next target would be at 1.2300, followed by 1.2050. Resistance is at 1.2778, only a break above this level will indicate that the downside movement from 1.3793 had completed at 1.2413 already, then the following upside movement […]
Stocks And Precious Metals Charts – Non-Farm Payrolls And Comex Option Expiration Next Week
There will be an option expiration on the Comex tomorrow, August 28th for the September contracts for gold and silver. Silver is a more significantly active metal in the September contract. The focus in gold trading now has shifted to October and December. Gold is jammed into resistance at the $1300 level as can easily be […]
Jackson Hole And The Appalachians
Henri Cartier-Bresson Trafalgar Square on the Day of the Coronation of George VI 1937 The Jackson Hole gathering of central bankers and other economics big shots is on again. They all still like themselves very much. Apart from a pesky inflation problem that none of them can get a grip on, they publicly maintain that they’re doing […]
Interview On The Precious Metals Sector
A few days ago Mike Swanson of WallStreetWindow.com interviewed me. Listen below to get my latest thoughts on the precious metals sector.
Forex Metrics And Chart Week 35 / 2017
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: the CAD(4X) followed by the EUR(3X) and the AUD(2X). The weaker currencies are the GBP(4X) followed by the NZD(3X) and the USD(2X). By diversifying a nice combination can be traded in the […]
Decision Time – S&P Sentiment
On July 23rd, I posted that a short term top was near due to overbought sector sentiment. We’ve now had a short term dip, but is it enough? If we look at 7 day momentum and sentiment for the S&P 500 Index (SPX) it has fallen to the level of minor dips over the past two […]
