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Market Updates

Jobs Data Should Rule The Trade at 7:30AM Central

Gold is looking good, but I hate the pattern -- higher high and lower high. No trend after a strong $100 rise, daily price action over the Bollinger band. So caution short-term...

Jobs Data Friday Will be Next Market Mover

The markets are scared that another bank failure is coming. Lot to digest coming up for gold ...

What to Expect Ahead of the FOMC

Will the regional banks selling off trigger a gold move? Or is gold losing an opportunity in its daily cycle ...

Gold SWOT: Gold prices in India have soared to their highest ever

Investors are buying into platinum ETFs as power cuts in South Africa threaten the output of the world’s top producer. Holdings in funds backed by the metal surged..

Gold Shows its Colors by Hitting New Highs

Markets widely expecting a 25 basis point hike. Gold does not have a trend but bias is up. Upside resistance first seen near $2,042..

A Slapstick Comedy & Gold

It is a time to cheer that the price keeps rising.  All gold bugs should own substantial core positions… so they enjoy the rise!

GDP Will Go Negative As Market Reaches New All-Time Highs

I think it's quite clear to everyone that 4050SPX is a very important support right now. And, as long as the market only..

Could be a bit More Upside Left in the Dollar in Front of FOMC

Yesterday's had a burst of activity which can happens before key events. RBA, FOMC, ECB rate increases this week? The data does not show they are done..

Technical Scoop: Tepid gains, negative divergence, likely hike, bank demise, crazy spread, debt war, gold gain, energy struggle

Gold gained but nothing spectacular. It remains in what we call a make or break zone. A likely beneficiary of the gold price gain is..

Why a Permabear Is Certain We're Going Much Higher

And yet the stock market continues to chug blithely higher, well capable of achieving new record highs despite big layoffs by large companies, softening real estate prices and dim prospects for corporate earnings.

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