GOOD NEWS – BAD NEWS
I have what I would consider to be some good news! The only problem is, the good news may also be a little bad news. Let’s take a look…
I’ve been a full time trader for well over a decade and began trading in the late 1990s while working in management and sales at a well-known aerospace company. As my style evolved, so did my success, and it allowed me to leave corporate America to pursue my passion and trade full time.
I have what I would consider to be some good news! The only problem is, the good news may also be a little bad news. Let’s take a look…
Yes, I’m talking about Gold again…
It seems that many things within the market structure are lining up again. Let’s take a look… . SPX – We did get our initial burst higher out of the anticipated lows as shown on the 2 charts below. . This was Oct 31 – Anticipating the trade-able low SPX now – We got the […]
When you look at the flowers in the above picture, you cannot really tell what the future will hold at this point. It is hopeful as we begin to see growth, but the surrounding conditions are difficult. Will it remain too dry for growth or will some refreshing rains begin to nurture it? And even […]
There are many things to keep an eye on going forward, lets take a look.
This is a Friday update on the Precious Metals Sector
Sometimes things are moving so slowly that you can’t believe that they are even moving at all. Well, We’ve seen this in the Precious Metals Sector over the past few days, but with the release of the Fed Minutes Wednesday, that just might change.
It’s a holiday week in the U.S., and Monday didn’t bring much in the way of change since the weekend report. On Wednesday we do have the release of the Fed Minutes however, and that may be the catalyst that we are looking for in one area. 🙂 To the charts… . SPX – The […]
Whenever we are examining the markets, we really need to try to leave any ‘Bias’ that we may have aside to see things clearly. That doesn’t mean you have to just accept how things look at a glance, however. Dig in, do research, and find the underlying factors that are there. I have done very […]
Just a short report for Friday, where we’re discussing a leap of faith 🙂
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