Gold Heading Higher, Market Heading Lower?
Is it just me, or is it difficult for everyone to share almost two bottles of wine with your wife, and then still get up at 6:00 am the next morning to write your weekly commentary? At the JDH...
View ArticleSell in May and Go Away
Before we discuss “Sell in May and go away”, I posted an update yesterday on my covered call option writing strategy. I posted it as a separate entry, so that those of you who don’t care can ignore it....
View ArticleLet the Double Dip Begin
Sorry, but that’s how I see it. The double dip has commenced. Yes, yes, I know, everything is great. From March, 2009 to April, 2010 the Dow was up about 70%; you can’t get a better “bull market” than...
View ArticleFibonacci Says Sell
Let me explain, again. Yes, I know I sound like a broken record, but the facts don’t lie. Last week, in my commentary that I am not willing to admit that I’m wrong, I explained the fundamental reasons...
View ArticleNear Perfect Predictions for 2010 – What’s Ahead for 2011?
Happy New Year. How did we do in 2010, and what’s ahead for 2011? In 2010 the readers of this site made the most accurate predictions of any website or publication in the world. It’s freakishly...
View ArticleFibonacci and Elliott Wave: Predicting Up or Down?
Interesting week. And by interesting, I mean “not really very interesting.” The S&P 500 Index, on the week, was up a grand total of one point. Not one percent. One point. That’s about as flat as it...
View ArticleA Horrible Week
I have nothing good to say about this past week. I have detailed thoughts on the Boston Marathon bombings, but since you are here to read about investing and the markets, I have posted my thoughts...
View ArticleDoes Mr. Fibonacci like gold?
As this is the last day of February, and since in Ontario, Canada the temperature did not rise above the freezing mark at all this month, let’s put the month behind us by looking at gold. To do so,...
View ArticleGold, and a Toppy Market
Before we get to gold, how about that DOW? From 13,000 five years ago to 22,730 today, that’s more than a double. With the Feds printing money like crazy, the correct answer over the last five years...
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